Zem

It is important to make a distinction between “money” and “currency”, not for the sake of semantics but to have a clear way to conceptualize the whole matter. I used to think it was a trivial distinction, but started to more and more realize its importance. Concerning money, Ludwig von Mises’ theory of money &...

What is blockchain? Blockchain is often broadly defined as a chain of data blocks timestamped by a secure network. Sometimes, depending on the context, the word “blockchain” refers to the system that is used to create such a chain of data blocks, rather than the chain itself. The idea of time stamping a chain of...

I recommend a reading of “My first impressions of web3” written by Signal app creator Moxie Marlinspike, as well as “Signal app creator Moxie Marlinspike proves NFT signal-to-noise ratio is low”, a commentary written by Jerry Chan.

Moxie describes the current status of Ethereum, on which almost everything relies on L2 solutions and thus has become re-centralized, as almost all dApps use either Infura or Alchemy in order to interact with the blockchain. This is not only a security problem but also a privacy problem.

Seeing that I propound to others the idea of Craig Wright being Satoshi, the inventor of Bitcoin, my friends in the professional circle who happen to be acquainted with Bitcoin and crypto think I’ve been sadly deceived. Out of good intentions, they’d send me the Internet “evidence” to help me recover, not knowing that I...

After almost 7 days of deliberation, the jury verdict of Kleiman v. Wright case came down on 2021-12-06, with a resounding victory for the Defendant Dr. Craig S. Wright, the inventor of Bitcoin. The jury was asked to decide about seven accusations against Wright after several weeks of trial hearing numerous testimonies under oath and...