This post will discuss the Bitcoin drama and its three acts or broad adoption phases, the first act of currency speculation, second act as platform ledger for bartered exchange of goods and services, and third act in conjunction with smart contracts as a platform for exchange of assets and property… This post will be highly concentrated […]Read more "Bitcoin Scaling Debate – Game Theory And The Scaling Of Solutions"
This post will build upon my Decentralizing Credit And Currency post and extend the discussion to the future of local banking and currency in the wake of the transitioning next decade with the slow motion collapse of the centralized banking and accounting bureaucracy and the future decentralized financial system, and hopefully can and will serve […]Read more "The Economics Of Local Banking"
This post will discuss the upcoming collapse of the housing asset bubble worldwide at the terminal end of a half century long credit bubble unprecedented in human history, how this bubble has distorted the whole price discovery structure of the real estate market and by extension construction industry, and how governmental regulation has mis-allocated capital […]Read more "Housing Bubble Collapse, Debt Default, And Life In Deflation – Paradise Found"
Above: From Vladimir Lenin’s Collected Works, Page 106. Behind the unending myth, intrigue, and romance of Socialism is the mundane utopia of big banking and accounting. Please do read this as many times as it takes to sink in. This will be more of a short post than a full post but one I think […]Read more "The Collapse Of Socialism – Collapse Of The Banking And Accounting Bureaucracy"
This post will discuss how the mass adaption of Bitcoin (and decentralized financial systems in general) will likely play out as the decentralization trend starts to engulf the current bankrupt moribund centralized system, and how the adoption will develop between the generations namely the Boomers and the Millennials… I will give a detailed description of […]Read more "Bitcoin Adoption Demographics – Why The Millennials Bail Out The Boomers"
This post will discuss one of the biggest events of the last four years for Bitcoin in its halving, what exactly this means economically, how this will profoundly affect the whole of the Bitcoin economy and ecosystem and its incentive structures and coupled with the ongoing collapse of the Western Banking System, paving the […]Read more "The Bitcoin Halving – Quantitative Tightening, And Paving The Road To Mass Adoption"
This post will discuss wealth creation and how this is contained within financial systems and how the construct and incentive structure of this financial system through its credit and currency effects on our material standard of living and indeed our general well being as a species… I will then compare the current Central Banking system […]Read more "The Blockchain Versus The Banks – The Technological Rebellion"
This post will be an extension onto my last post to extend the discussion on credit systems and the decentralization of credit and currency that blockchain technology now affords us, and how this new development in distributed technology allows economies of scale to develop from the international, to the national, to the regional, the local, […]Read more "Decentralizing Credit And Currency – Economics Of Scale"
This post will discuss localized barter, the evolution to money, the evolution through banking and central banking, to the evolution of distributed technology and crypto “currencies” that I will argue are not currencies at all but takes us back full circle to barter, although a mind numbingly sophisticated and globally scaleable method of barter, one […]Read more "From Barter To Bitcoin – The Theory Of Credit And Money"
This post will look at the mechanics of Fiat debt based systems and the incentive structures that it creates for society, and then compare it to the mechanics and incentive structure that would be present under a competing and decentralized financial system… I will then elaborate on the profound changes that will reshape society with […]Read more "The Essence Of Money Revisited – The Profound Implications Of The Decentralization Of Currency"