Bitcoin & Blockchain

Ryan X. Charles’ interview with Michael Wehrmann (“Bitcoin is going to be the largest computer ever“) is an interesting read for the insights.  Aside from knowing God and understanding the universe itself, I think no question is more profound than knowing what “computation” is. Although I’m not quite sure if I like the concept of “the universe is a computer” (as seriously implied in the recent theory-of-everything formulated by Stephen Wolfgram), I do believe the… Read More »Bitcoin is a computer

Many people attribute yesterday’s sudden rise of bitcoin price to Chinese President Xi Jinping’s recent speech. If this is indeed the case, then the market is misreading China’s crypto policies.  I’m not saying that bitcoin price should not rise, because that’s a whole different position. I’m just saying that the crypto market misunderstands China’s position on blockchain (or DLT in general), cryptocurrencies, and bitcoin. First, let me clarify that Xi’s speech was a very official and… Read More »People are Misreading China’s Signal on Blockchain Technology