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    Digital Ownership – Is Bitcoin Real?

    Ownership is a concept that requires the presence of intersubjective consensus; I own this car because that piece of paper says that I do, and the justice system believes in this piece of paper, and society believes in the justice system. Ownership is just the result of a series of cascading agreements. It’s a participatory […] More

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    Bitcoin Adoption – The Language Barrier (pt.1)

    There are many barriers between Bitcoin and its mass adoption. One such barrier is understanding. Understanding Bitcoin is not an easy task because it’s not just a case of memorising propositions; it’s more a case of formulating a perspective that results from the intermingling of many understandings.  The recency of Bitcoin’s invention has caused many […] More

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    Explaining Mining – The Filing Cabinet Method (pt.2)

    In the previous article, we talked about some potential hurdles to Bitcoin adoption in the language barrier and explored a potential way we could remedy the problem. We talked about he filing cabinet method, a way of employing metaphors to pull from pre-existing mental resources rather than asking the learner to create an entirely new […] More

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    Bitcoin’s Energy Usage

    If you want to know how much energy the entire Bitcoin network uses, a quick google search will enlighten you before you can break a sweat. It’s currently about 96 terawatt-hours per year, according to this Cambridge university index (https://ccaf.io/cbeci/index). This is because Bitcoin is immensely transparent about its energy usage; since the blockchain is […] More

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    The Importance of Separating Bitcoin from Crypto

    Separating Bitcoin from crypto is very important. In this article I aim to explore some of the reasons, starting from the beginning. Bitcoin was not easy to create. Many attempts at creating peer-to-peer digital cash were made before Bitcoin arrived on the scene, and none succeeded. It was like a game of technological whack-a-mole; for […] More

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    Bitcoin is a Bad Investment

    Jeremy invests in many things, often unsuccessfully. Becoming increasingly unenthused, Jeremy looks for something a little outside the parameters of ‘traditional’ investments. He hears that Bitcoin is changing the foundations of the monetary system and has been the best-performing asset of the past decade. At this moment, Jeremy committed to the infamous ‘aping in’ and […] More

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    BWJ 003: Nathan Smith – Investment Banker to Bitcoiner

    In this episode Jake speaks with the Chief Compliance Officer at Freehold Capital, Nathan Smith. They chat about: – FastBitcoins and Freehold.Capital – Growing up in Country Victoria – Civil Engineering and Law at University – Life at Macquarie Bank – Risk analysis and mitigation – Fall out from the 08/09 financial crisis – Attractiveness […] More

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    BlackRock Bets on Bitcoin!™

    BlackRock, oh BlackRock. The king of the game. Here’s a fun trick: name any of the world’s largest companies and google their largest shareholders. I guarantee you will find BlackRock sitting comfortably in the top 10 almost every time. It’s the largest asset manager in the world, and they just put Bitcoin centre-scope. ‘BlackRock bets […] More

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    “Decentralised Finance” and other lies…

    Decentralised finance has been all the hype for the past couple of years now. Why? I won’t say it’s because people are stupid—as much fun as that would be—but rather because of heuristics.  The lie of Decentralised Finance Heuristics are these little psychological tricks we use to understand reality while putting minimal brain effort into […] More

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    Is Bitcoin Evil? Indifferent money explained.

    Indifferent money explained Epictetus was a first-century man. Acquired at birth, he spent most of his years as a slave in Rome during the height of the roman empire. In fact, his name ‘Epictetus’ is not his birth name; it’s just greek for ‘acquired’.  During his years as a slave, Epictetus developed a love for […] More

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    Bitcoin Doesn’t Have the Properties of Money

    A pertinent theme of discussion amongst fellow Bitcoiners is the ‘six properties’ test. It goes something like this… the six properties of money are as follows: durability, portability, divisibility, uniformity, limited supply, and acceptability. If something has all six properties, it can be considered sound money.  Paintings and Documents Now, let’s take a step back. […] More

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