Understanding Time, Money and Bitcoin from First Principles

I listen to a dozen or more Bitcoin podcasts every week. This was one of the best podcasts I’ve listened to in a while. With all the great podcast content available, that’s saying something.

Herein, Brady, host of the Citizen Bitcoin podcast, and Robert Breedlove discuss the ideas behind his great series of articles Money, Bitcoin, and Time, which I will discuss in another post later.… Read more

Bitcoin is not Backed by Nothing

Here is the latest drop in the Gradually, Then Suddenly blog posts by Parker Lewis. This piece rebuts the common derision of nocoiners and others who do not understand Bitcoin, nor money, that “Bitcoin isn’t backed by anything.”

I have usually answered this critique with the response that Bitcoin is backed by the fundamental commodity of the universe, energy.… Read more

Pax Bitcoiniana: After The Last Country on Earth

Here is an interesting article by a Mr. Felipe Pereira that examines how Bitcoin is disruptive to nation states’ power and how this might play out in the future.

Bitcoin’s politically disruptive nature follows from the idea that individual sovereignty is based on the dynamic between the cost to defend private property and the return on violence.… Read more

US DOJ: JPMorgan’s Precious Metals Desk was a Criminal Enterprise

Well, well, well. Something very interesting happened this past week: the US Department of Justice filed charges against three top traders working on JPMorgan’s precious metals desk for manipulating metals prices over the past decade.

Finally, the gold and silver bugs who have been shouting of blatant manipulation in metals prices (and often being ridiculed or labeled conspiracy theorists) are being vindicated.… Read more

A Most Peaceful Revolution – Nic Carter

There’s been a huge breadth of extraordinary Bitcoin content lately. I can hardly keep up. It’s great.

This article is incredible. Nic Carter details the monetary and political revolution that is Bitcoin. If you read only one Bitcoin piece all year, this should be it.… Read more