Skip to content

BTC is a political system

Bitcoin was invented as an economic system on open market principles, but BTC turned it into a political system, and a communism-leaning one in particular. Three major indicators: 1. Mining nodes are not allowed to take transactions inflow freely even if the transactions are legit according to the protocol. Note: This should not be simply...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume IDigital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Order on Amazon

Volume IIBitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
(coming soon)