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Advantages of the Legacy Chain

One does not simply replace Bitcoin. Especially without overwhelming consensus. I thought I’d outline why Bitcoin (legacy / Core) has some significant advantages vs any hard fork without huge support: 1/¬† Bitcoin is the reserve currency of the ‘crypto’ world.¬† In the past 24hrs over half a billion USD of (non-fiat) tokens were traded vs […]

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Bitcoin’s Supply & Demand

During the past 14-15 months of Bitcoin’s price decline, much has been made of Bitcoin’s inflation rate … i.e. the speed at which new Bitcoins are discovered each day and, at least some of the time, sold into the market. ¬†Currently 3600 BTC are created every day and the market must absorb this supply in […]

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One Less Customer for Western Union / Moneygram / etc.

Yesterday I decided to see how easy it would be to convince an EU citizen with family in the Philippines that she should no longer be using Western Union / MoneyGram or even smaller companies like Sigue or Ria to remit money to her brother. Many people won’t have heard of Sigue or Ria. They […]

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Apple’s Worst Enemy: Moore’s Law

Yesterday, Apple announced the ‘New iPad’ its 3rd generation tablet device which is already outselling the number of PC’s sold by any individual manufacturer. Apple did not invent the portable MP3 player, the touchscreen mobile phone nor the tablet computer … but what they most certainly did is create truly user-friendly versions and use their […]

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Banker’s Wife’s ‘I’m Leaving You’ Note

‘Dear Husband, I’m writing this note to tell you that I’m leaving you forever. I’ve been a good woman to you for 7 years, and I have nothing to show for it. These last few months have been Hell. You are never home these days, always claiming that you are under pressure at the bank […]

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