A Newcomers Guide to Cryptocurrency

This is the first photo that shows up if you search crypto on Pexels and I think the physical coins and the SD card just really sell it. Photo by Worldspectrum on Pexels.com What are cryptocurrencies? Cryptocurrencies are tokens issued on an append only ledger. This ledger is called a blockchain, because it is composed … Continue reading A Newcomers Guide to Cryptocurrency

On the Social Scalability of Bitcoin and the 21 Million Cap

Many Bitcoin proponents, chief among them Nick Szabo, laud Bitcoin for its social scalability.  In order to discuss this issue fairly we must first define social scalability. In the famous blogpost where it was first used, Szabo defines it as: “Social scalability is the ability of an institution –- a relationship or shared endeavor, in … Continue reading On the Social Scalability of Bitcoin and the 21 Million Cap