Money

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane

In a recent article, the former president of the Chilean Central Bank demonstrated several misunderstandings about Bitcoin.

The competition will become clearly one-sided as the black hole of value that is bitcoin absorbs everything around it.

Bitcoin is a paradigmatic transformation of humanity’s oldest technology: money. This guide is for those willing to view it through that lens.

In the final issue of this four-part series, we examine in depth the various monetary properties of Bitcoin.

The first of this four-part series discusses the various aspects of money that are not commonly understood.

The same sound money principles which led to gold’s historical reserve status are contributing to bitcoin’s overtaking and erosion of its dominance.

Entropy, a natural phenomenon, is closely related to money and information energy — Bitcoin as information is a reduction of entropy.

There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

The path to accumulating wealth with bitcoin is one that anyone can walk, regardless of its fiat performance.