The social functions of Bitcoin and the cryptocurrencies

Joseph Stiglitz, Nobel Prize-winning economist, has made the claim that bitcoin ‘ought to be outlawed,’ because it doesn’t have any useful social functions.[1] Bad way to start an article, but I’m triggered. For once, I will begin with stating the obvious, even if it doesn’t seem related: Bad way to start an article, but I’m […]

Continue Reading

Bitcoin breaks 10k with a bang, and there is a Big Bang Theory yet to be aired

Is it a balloon? In my opinion – no. There are always the predictions for a crash. A month ago the BCH tried to overrun the Bitcoin and all it managed was clearing the debris and making it stronger. But why the conviction? Plenty of reasons! First of all, we are all aware we need […]

Continue Reading

The autoexchange pools – Zpool.ca, miningpoolhub.com and (somehow) Nicehash – where to mine?

For all I care, anything other than Bitcoin and Ethereum can rot in its grave. Well, may be other than LTC too. I certainly don’t see much use in anything other than the de facto gold standard and the most often used ICO platform, so at the end I usually prefer to collect Bitcoins and […]

Continue Reading