Why should the price of Bitcoin rise?
Constant demand for an asset implies constant usage and a wide consumer base. If demand rises for an asset that is limited in supply how can the price remain low?
Latest Editorial News
BTC is digital gold?
The truth is, BTC does not do a majority of the things that it's marketed to do, and now that the world is putting its narratives to the test, BTC is failing in nearly every department.
Web3, NFTs and DeFi are a sham without a blockchain scalable at L1
A blockchain that has an intrinsic L1 capability to scale and to create a genuinely decentralized public ledger (while allowing customer selectable encryption for privacy) is the only answer.
Error 402 – payment required
This little-known HTTP error code gives us a glimpse of what the internet may have been if bitcoin or some other form of electronic micropayment system was available a decade earlier.
Money & currency
It is important to make a distinction between “money” and “currency,” not for the sake of semantics but to have a clear way to conceptualize the whole matter.
BTC’s ‘CoinPool’—scaling solution or fancy coin mixer?
CoinPool promotes itself as a way to increase "coin onboarding and transactional scaling by orders of magnitude," but in reality, it's another bolt-on "fix" that takes transactions off the blockchain.
Why Bitcoin cannot help Canadian trucker protesters
Canada’s Prime Minister Justin Trudeau enacted the Emergencies Act, aiming to freeze the bank accounts of the trucker protesters, and wants to go further by also freezing Bitcoin transactions.
The veil is being lifted from BTC
As the price drops, BTC’s ineptitude is becoming more widely understood, especially as it continues to demonstrate its failure as ‘digital gold’ situations where it should shine.
Fork off Craig Wright
If given a list of top 5 bitcoiners that universally garner a knee-jerk negative response, every list would include Dr. Craig S. Wright. But why?
Hey David Rosenthal: A response from one industry visionary to another…
Jerry Chan examines Nvidia employee and OpenBSD hacker David Rosenthal's article, which details a lecture he gave at Stanford University on digital currencies and the problem he saw with it.
How the Canadian trucker protests proved BTC is useless
After the seizing of tens of millions of dollars through GoFundMe, BTC maximalists saw this as their moment to prove how an allegedly decentralized, censorship-resistant, anonymous monetary network could save the day.
The smart-business paradigm
Smart-business as a new paradigm encompasses all aspects of business, including relationships, organizations, structures, contracts, transactions, and records.
Bitcoin mining—the race to zero? Or race to efficiency?
This week, Jerry Chan focuses on the economics of the block reward mining industry, explaining why it is one of the most misunderstood aspects of the Bitcoin economy.
FTX CEO Sam Bankman-Fried isn’t who you think he is
Sam Bankman-Fried recently hit the news when he was featured in Washington Post, vowing to give away millions worth of BTC, although he admits this is about wooing regulators and onboarding people to FTX.
Isaac Newton on the end times and Revelation
Few know that Isaac Newton, the greatest scientist the world has known, spent more time studying the Bible than science and left voluminous writings about it and his faith.
Will the US gov’t dump $3.6 billion of BTC soon?
As more people begin to accept that a prolonged bear market is likely upon us, the fear that the U.S. government could dump 94,000 BTC on the market has few people worried.
Coinbase exchange actively engaged in censorship
Coinbase recently released a statement saying it does not agree with censorship by tech companies but is it so squeaky clean when it comes to this matter?
Hey Jack Dorsey, George Gilder says Bitcoin will shine!
Jack Dorsey recently announced the Bitcoin Legal Defense Fund, a nonprofit entity that aims to help BTC protocol developers with legal pressures from the Bitcoin creator Dr. Craig Wright.
Wright is Satoshi, and Satoshi is right
Author ZeMing Gao is convinced that Wright is Satoshi, but he stresses that what is even more meaningful is that Satoshi is right.
The beginnings of the metaverse
Jerry Chan takes a look into creating a new breed of NFT that is composed of the two types of tokens we see today—half a collectible and the other half its digital provenance.