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Category: Volume II

Bitcoin as a Financial Instrument

“Bitcoin is analogous in many ways to old systems. The exchange of value is done in the same way as a negotiable instrument or cheque.” – Dr. Craig S. Wright, Peer-to-peer electronic cash. Bitcoin as a……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

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Money & Currency

It is important to distinguish between ‘money’ and ‘currency’, not for semantics but to have a clear way to conceptualize the whole matter. I used to think it was a trivial distinction, but I increasingly……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

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The Politically Modest but Technologically Ambitious Bitcoin

The crypto world praised Coinbase after it cut off 25k Russian wallets (Fortune 2022). It’s unclear what the real concern was. I don’t mean that there should be no concern. It is just unclear from……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

The Moral Sentiments of Bitcoin

Question: Crypto projects seem to all create a new currency out of thin air and inject it into the economy to dilute money, so how do you justify doing it, whether it is BTC or……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

Decentralized Data Ownership – The Path to Decentralized Human Capitalism

Today, when the issue of centralized data is discussed, privacy is usually the focus of the concern. However, centralized data is problematic, and the decentralization of data ownership (control, access, and economic benefit) is important……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

Misconceptions and Confusion about Blockchain

Blockchain and Bitcoin involve a lot of concepts that are not easy to grasp. Lots of education is needed on these subjects, not only for developers and investors but also for the public, legislators, and……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

The ‘Code Is Law’ Fallacy

One of the popular ideological statements often heard in the crypto world is: “Code is law.” ‘Code is law’ is a proud crypto proclamation. Some may even regard it as an inviolable creed. Few question……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

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Bitcoin Trilemma is a Fallacy

One of the most consequential misconceptions is the Bitcoin Trilemma, which has led to a common belief that “Bitcoin cannot scale due to the trilemma,” all to justify the “digital gold” narrative of BTC, the……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

The Genesis Block and Fixed Protocol

The Genesis block of the Bitcoin blockchain started an unbounded universe with a fixed protocol. If you feel this statement is self-contradictory, you need to read the words of Satoshi: Genesis does not just mean……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here

Value – Its Creation, Definition & Transaction

The most fundamental elements of the human economic and financial system all concern economic value. There are three aspects of economic value: Its creation, definition, and transaction.   Creation of value ‘Creation of value ‘is the central……...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume I: Digital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
Order on Amazon

Volume II: Bitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Already a member? Log in here