Why Professors In Economics Don’t Get Bitcoin
Another professor in economics (this one called John Quiggin) has recently written and published another article shock-filled with errors and faulty assumptions, further luring the public…
Is Bitcoin Mining An “Energy Waste”?
Bitcoin Network = 246 MW. BoA Offices = 363+ MW. The argument that mining (verifying transactions and timestamping information) in the Bitcoin network is a “waste…
1-2 years Until Banks “Get” Bitcoin
Nick Tomaino on banks and the Blockchain; “The momentum of Bitcoin over the past few years has forced banks, which have had massive power and profits…
Did Satoshi Predict Pooled Mining, Big Farms and ASICs?
There has been a lot of discussion around the question if Satoshi Nakamoto, the creator of Bitcoin, foresaw the development of pooled mining farms. Some notable…
MIT Technology Review Confusing A Company With Bitcoin
“The company’s travails neatly demonstrate two problems with Bitcoin as a currency and payment mechanism. First, no one much wants to pay with Bitcoin and there’s…
The Problem With Altcoins, Like Neucoin
Commentary. Lately an altcoin with the name Neucoin has been advertising its impending launch claiming to “solve Bitcoin’s problems” (whatever they may be). But there are…