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Even BTC has become a security, but the original Bitcoin BSV remains a commodity

The crypto landscape has a defining characteristic: Most cryptos are unregistered securities, which are illegal the way they are promoted. They shouldn’t have existed, at least not in the current state. But they do. But how does such a world sustain itself? By hypocrisy. Here is a feature of the crypto hypocrisy: Facing the SEC, everyone wants to claim to be a commodity; facing the market, however, everyone wants to be a stock squared (better… Read More »Even BTC has become a security, but the original Bitcoin BSV remains a commodity

The real Bitcoin is green

The energy consumption of BTC mining has caused so much concern to the public that some are attempting to outlaw Proof-of-Work (PoW) mining altogether. But the energy consumption Is a problem with BTC, not with the real Bitcoin, Bitcoin Satoshi Vision (BSV). BTC is not the real Bitcoin according to the original Satoshi’s design. See...

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

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Bitcoin and the quantum threat

Is Bitcoin quantum proof? With the anticipated (or more often imagined) rise of quantum computing, this is an often asked question. First of all, due to the yet-to-be-solved (perhaps even unsolvable) unscalable error correction problem and the peculiar algorithm of quantum computing, it is still unclear whether quantum computing will ever achieve scalable general computation....

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
Introduction
Order on Amazon

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

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A brief history of Bitcoin

Introduction Bitcoin was invented at the turn of the new century and made public on October 31, 2008 by Dr. Craig S. Wright (a.k.a., Satoshi Nakamoto), an Australian polymath. Wright was born in Brisbane, Australia to a family of both intellectual and public service (military) traditions. His maternal grandfather, Ronald Lynam, was a mysterious World...

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
Introduction
Order on Amazon

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

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The cancerous crypto

The entire crypto space has gone astray and wasted over a decade of time and many billions of dollars to build on wrong blockchains and ineffective infrastructures, business models and the subsequent ecosystems. Many causes have contributed to the failure, but the unregulated crypto exchanges can easily rank among the top three reasons. Due to...

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
Introduction
Order on Amazon

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

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Blockchain is the New Global Data Network’s Authentication Layer

The Blockchain is a database that indexes transfers. The original method of transferring bitcoin was IP to IP. Nodes only reference the transfer. A user sends bitcoin directly to another user, and only then after the exchange has occurred would the transaction be referenced/indexed. Consequently, the argument that your tokens exist in cyberspace on the...

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
Introduction
Order on Amazon

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

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Bitcoin’s sphere of truth

Bitcoin Core (BTC) has successfully created a sphere in which a lie is operative. Without a competing sphere impinging on it, the BTC sphere would continue to exist, and the lie can continue indefinitely in the human timeframe. Although it won’t last forever, it may last a long time. When there is a conflict, some...

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
Introduction
Order on Amazon

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

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The Layers of Universe and Humanity

The universe we live in is a juxtaposition of two layers, a physical and a spiritual. Mankind is a critical nexus between the two layers, because man is spirit, soul and body (1 Thessalonians 5:23), alone has existence both in the spiritual and the physical with soul in the middle as an interface. The physical...

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
Introduction
Order on Amazon

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

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Financial services and supply-chain management

Let us think about the following two numbers: – The total size of the present global financial services industry is about $20 trillion. – The total size of the present global supply chain management industry is about $20 billion. The former is 1000 times that of the latter. This is a picture of the entire...

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
Introduction
Order on Amazon

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

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Human-centered religion does not work

Human-centered religion does not work, because it is not the truth. True faith is God-centered. Be wary if you’re receiving religious teachings that are centered around ‘human improvement’, be it self-improvement or improvement of others. The fact that such teachings come with a religious cover by acknowledging that we shall do it with some help from God does not change the human-centered nature of the teachings. We yearn for eternity because “we will see God”… Read More »Human-centered religion does not work