Steve Patterson

Steve Patterson
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Steve Patterson is the author of What's the Big Deal About Bitcoin? He is a philosopher working outside of academia and the host of the Patterson in Pursuit podcast. You can follow his work at steve-patterson.com.

The DAO Was Not Hacked | Mt. Gox 2.0

Editor's note: This is a guest post by Steve Patterson and the opinions offered are those of the author alone.Until recently, I’ve remained undecided about the DAO failure. Should...

Bitcoin is Not Backed by Anything (And That’s OK!)

Whenever you hear, “That currency is not backed by anything!,” it’s almost always meant as criticism. Hard-money enthusiasts are quick to point out the horrible track record of fiat...

The Arrogance of Dollars

One sentence perfectly summarizes the problems with modern finance, and you can find it in your pocket. Open up your wallet and take out a US bill of any...

The Beauty of Bitcoin Bank Runs

Bitcoin exchanges are going through hard times. In the span of a month, Mt. Gox has gone bankrupt, Flexcoin has shut down due to robbery, and Vircurex has halted...
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