Response to revolutionary publishers
My response to ‘revolutionary publishers’ shilling AI
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So, where is everybody? How Bitcoin solves Fermi Paradox
Roughly eighty years ago, physicist Enrico Fermi and his colleagues pondered the existence of intelligent life beyond ourselves.
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All good monies are alike; each bad money is bad in its own way
As soon as the spot Bitcoin ETF was approved by the SEC in January this year, I wrote here about this important step for the institutional adoption of Bitcoin in the United States, also addressing the short- and long-term risks involved with this type of financial product. Now that, unexpectedly and through political pressure, the SEC has also approved the spot Ethereum (ETH) ETF, I will go into detail about how I believe the competition between these different ETFs will play out in the market.
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AI, Bitcoin and Gresham's Law
Absent government coercive controls, people and markets in general will always prefer to use hard rather than soft money. In situations of freedom, the strong money 'drives out' the soft money.
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Bitcoin and germs, or how central banks practice economic phlebotomy
William Harvey demonstrated the mechanism of blood circulation in the 1620s, demolishing ancient and medieval knowledge about the body’s humors.
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The Eternal Beauty of Proof-of-Work
'Money is gold, everything else is credit' John Pierpont Morgan in 1912.