Bitcoin, as a distributed and open source type of money, is destined for greatness. Like any young prodigy, its abilities can be foreseen and its potential visualized by those...
New Hampshire – the first colony to sever ties from Great Britain – is once again leading the revolution. Along with its centuries-long “Live Free or Die” culture, New...
The word “crypto” is Greek in origin (from kryptós) and means “hidden” or “secret.” Cryptozoology is the study of hidden and rare animals, cryptography is the study of hidden...
Here’s Part 1: The Value Foundations of BitcoinWhile gritting teeth and shaking hands with Bitcoin is necessary, Austrian economists should flash a toothy smile and embrace it warmly. Bitcoin...
There have been a number of Bitcoin detractors. Most mainstream economists and intellectuals denounce the idea as either impossible or a hoax, or they misconstrue it along the lines...
The development of cryptocurrencies has been fascinating to watch. In only five years, thousands of currencies emerged from the Internet following the release of the original Bitcoin protocol. Clearly,...
Bitcoin, theoretically and empirically, already qualifies as money. Bitcoin is not Chuck-E Cheese tokens and, despite Charlie Munger’s esteemed opinion, certainly not “rat poison.” Surda and Graf have the...
