Coordinating Without Trust Is The Hardest Problem In Computer Science Imagine you’re a general surrounding an enemy city with your army. You need to coordinate an attack with other generals, but some of them might be traitors trying to sabotage the mission. You can only send messages through messengers who might be captured or delayed. […]
Fiat Money Can’t Be Divided Into Small Enough Units Money needs to measure value precisely. When you buy a house, you need large units. When you buy coffee, you need smaller ones. When you stream a song or read an article online, you need units smaller than pennies. This is the problem of divisibility—a fundamental […]
Money is power. Always has been. Whoever controls the money supply controls the economy, the labor force, and ultimately the population. For centuries, this power has been centralized in the hands of governments, central banks, and financial elites who use it to shape the world according to their interests. The regulation of money isn’t just […]
If You Don’t Use A Bank, They Can’t Charge You Fees To Save Your Money Saving money should be free. You’ve already done the hard work—earning the income, resisting the temptation to spend, setting it aside for the future. Yet banks treat your savings as a profit center. They charge monthly maintenance fees for the […]
Whoever Controls The People’s Means Of Exchange, Controls The People Money isn’t just a medium of exchange—it’s a mechanism of control. Throughout history, rulers have understood that controlling money means controlling populations. Central banks decide how much money exists and who gets it first. Commercial banks decide whether you can access your deposits, send payments, […]
Money And Power Are Inseparable Throughout history, whoever controlled the money controlled the world. Kings debased currency to fund wars. Central banks print money to serve political agendas. Financial elites manipulate systems to extract wealth from the masses. Money is power, and power has always been concentrated in the hands of the few. But this […]
Bitcoin Creates A Network Effect Some technologies become more valuable as more people use them. A telephone is useless alone but indispensable when everyone has one. Social media platforms explode in value once critical mass is reached. This is the network effect—where each new user increases the value for all existing users. Bitcoin harnesses this […]
Critics love to say it: “Bitcoin isn’t backed by anything!” As if this is a devastating critique. As if being “backed” is the hallmark of sound money. Let’s examine what these critics mean, and why they’ve got it exactly backwards. They’re asking the wrong question entirely. Gold-backed money failed. Fiat money is “backed” by government […]
The Value Of Bitcoin Is Not Its Price Watch financial news and you’ll see Bitcoin’s price displayed prominently—up 10%, down 15%, volatile and unpredictable. Commentators fixate on these numbers, declaring Bitcoin valuable when prices rise and worthless when they fall. This obsession misses the point entirely. The value of Bitcoin is not its price. Price […]
Bitcoin Is Money Without Borders Money has always been bound by geography. Dollars work in America. Euros work in Europe. Yen work in Japan. Crossing borders means currency exchanges, wire fees, bank delays, and regulatory hurdles. The system treats money like it treats people—subject to passports, visas, and border controls. For businesses, this means higher […]