I have been attending the excellent Liberty on the Rocks (LOTR) events in Denver as of late, which take place on the 1st and 3rd weeks of every month. These informal meetings often have guest speakers, and are filled with liberty-minded thinkers and entrepreneurs. If you live in the area, I strongly suggest you attend. Last week’s … Read more
The Export-Import bank isn’t a big issue for me. In fact, I’ve barely given it much thought at all over the years. The reason I’ve decided to write on it today is because the federally backed bank, which has been around since 1934, faces a very serious threat to its survival. I think the most … Read more
Networks are not planned by a single authority; they are the main source of innovation but are relatively fragile. Hierarchies exist primarily because of economies of scale and scope, beginning with the imperative of self-defense. To that end, but for other reasons too, hierarchies seek to exploit the positive externalities of networks. States need networks, … Read more
Daniel Larimer, who is working on a tool called Bitshares to apply blockchain technology to banking, insurance and company shareholding, believes that this new breed of technologies will ultimately render government entirely obsolete. “If you think about it, what is the reason for government? It’s a way of reaching global consensus over the theory of right and … Read more
Thus I was taken from Arkansas, the nicest place I ever lived, and brought to Newark, New Jersey, a place worse than any of the many third world countries I have visited. I was held under bail conditions where the government refused to allow me to work in my industry, told me where I could … Read more
Creating an ever connected, yet increasingly decentralized world is no easy task. Nevertheless, it is something I believe humanity must do in order to traverse the current challenging times and come out the other side better off than before. Yesterday, I highlighted what I believe is an extremely important article on the worker co-op movement. … Read more
I’ve known about Ripple for close to a year now. I’ve been meaning to write a post on it for several months, but since doing so is such a difficult effort I kept putting it off. The most accurate expression I’ve seen to-date describing the daunting task of explaining Ripple to someone who has never … Read more
Donation address: rpj7GXYYXSyzf1L75LDjRhqrJBwJfPQwNu The most accurate expression I’ve seen to-date describing the daunting task of explaining Ripple to someone is the following quote I read in a Bitcoin Magazine article: If you’re ever explaining Bitcoin to someone and they’re getting it, start talking about Ripple, just to confuse them again. For quite some time, I … Read more
Last night, the Bitcoin world was abuzz with chatter that the real creator of Bitcoin had emerged for the first time in five years to discredit Newsweek’s “unmasking” story. I was skeptical of the Newsweek story right off the bat, which read like a page-view baiting tabloid, rather than serious investigative journalism. Despite the fact … Read more
Things at Apple seem to be going from bad to worse. From the company’s recent “War on Bitcoin,” to the major security flaw impacting virtually all its hardware from iPhones to Macs, Apple hasn’t done a single decent thing since Steve Jobs died. Worst of all seems to be the company’s cozy relationship with the … Read more