Bitcoin Cannot be Banned

Here is the latest installment of Mr. Parker Lewis’ incredible series of blog posts, Gradually, Then Suddenly. Herein he dives into the catchall dismissal heaved around by skeptical precoiners, status-quo shills, and antagonistic nocoiners that “The government will ban it soon.”… Read more

Bitcoin is Not a Pyramid Scheme

The next installation of the incredible Gradually, Then Suddenly series of blog posts by Parker Lewis has been published. This post combats the ridiculous claim thrown by uninformed Intellectual Yet Idiots that Bitcoin is a pyramid (or Ponzi) scheme.

While the title of the post references pyramid schemes, the meat of the post amounts to a tour de force exposition of the price mechanism.… 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