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"
This post will discuss the “evolution” of Law from decentralized to centralized over the last five hundred years, and how the advent of new distributed technologies will decentralize law again away from centres of power and influence and towards localized and voluntary exchange and institutions… I will explain step by step how this centralization of […]Read more "The Blockchain, Law And Property – From Public Property, To Private Law Society"
This post will discuss the current, visible and highly amusing collapse of our current Central Banking system, the Faustian Bargain these insolvent Central Banks and their fractional reserve High Street minions will have to make with Bitcoin and its blockchain to live a little while longer, and how the bridges will be built between the […]Read more "Bitcoin Kills Banking – How It Happens, And Why It Will Happen"
I have been looking forward to write this post for a long time for it brings together two loves in my life, Gold and Bitcoin… The Eternal and the Upstart… But these two free market currencies will combine together perfectly to form the future of the global monetary system, and free Humanity from fraud and […]Read more "Gold And The Blockchain – The Digital Gold Standard On Steroids"
This post is an extension onto my last post and will explore and discuss how new distributed technology developments of the last ten years soon to realize their full potential will end the counter-party or middleman, and how profound that development is for Human Liberty, specifically freedom from government, banking and all other centralized cartelized […]Read more "Distributed Technology And The End Of Counter-parties (Law and Banking)"
“Industry will divest power of its revenues by offering at less cost the services which power gets itself paid for. Federations will replace States, the loose but indissoluble chains of interest will succeed the despotism of men and of the Laws. The tendency towards government, the first passion of the Human Race, will cede to […]Read more "The Death of Central Banking, Government and The Birth of The Voluntary Era (Part2)"
I had spent a few weeks planning and halfway through writing an elaborate post on the evolution of banking to central banking and the inner workings of secret cartels, but I got so bored I couldn’t be bothered finishing it… In these dying days of Socialist central banking, I really don’t think it matters anyway… […]Read more "The Death of Central Banking, Government and The Birth of The Voluntary Era (Part1)"
Life is good… It’s Boom Time in the economy… Business is booming, everyone is spending, prices are going up which every “expert” and “analyst” on tee-vee tells you with a straight face, is Economic “Growth”… House prices are flying which give homeowners the illusion of rising wealth while pulling up the ladder behind them on […]Read more "Fractional Reserve Banking and (The Carnage Of) The Business Cycle"