Orlov's Guitar

This is the first in the "debunking collapse" installment. So yeah, we all love Orlov.  What he says about how the USSA is kinda just like the USSR was except well, without a good satellite launch platform,  rings trueish.  And some good old fashioned the world is ending now, Seldonism, is perhaps appropriate.  The end...

Do the problems bitcoin solves have economic relevance?

Dr. Paul Krugman tells us here that bitcoin is "a technically sweet solution to a problem that doesn't have much economic relevance". Lets look in more detail at the problem that bitcoin solves so we can decide exactly how little economic relevance it really has. First of all I should warn you that I have...

Bitcoin vs. Divide and Conquer

First, what is "divide and conquer". Divide and conquer refers to a computing paradigm, which at once describes the way that many algorithms have been optimized and also the way that software has traditionally been structured.  One wishes to break problems into small parts, because problems are more cleanly solved in this fashion.  The small...

Jazz on a Summer's Day

First an aside. I have struggled to find reasons for posting movie reviews, but such is the way of human wizards.  I can't figure 'em out sometimes.  Moving pictures?  Seriously?  And to make matters worse, it is - invariably - moving pictures filled with lies.  Actors.  Fakery.  WTF?  One enjoys to be tricked, apparently?  It's...

Introducing Coin-Vote

This post is available as a pdf file at [1] [2] Coin-Vote Version 0.1 Sunday, 21 June, Year 7 funkenstein the dwarf Abstract: Coin-vote is a voting system for establishing opinion and resolving disputes amongst willing participants. Rather than using a traditional method of trying to tally one vote per person, it relies on a...

The Stagularity Cometh

As you have undoubtedly noticed, the pace of advancement of knowledge, technology, and ability of mankind has shrunken to almost nil.  When the rate drops to dead zero itself, this is popularly known as: The Stagularity At this point, progress stops.  Time continues, but in a way difficult for us to contemplate. Lets look at...

Negative interest rates

Echonomists have been very busy lately talking about how negative interest rates have arrived, and that this means something or other and has totally surprised someone or other.  If you are confused by any of this, allow me to spell it out for you. In point of fact, all fiat currency is issued at an...

Satoshi on academia

The list of things we can learn from bitcoin appears neverending.  This is a reflection not just of the genius of Satoshi or the current state of affairs, but also of the holographic nature of the world (or at least, of the tonal model of it).  In other words, we could learn almost anything about...

Under the canoe

Bitcoin is now under the canoe.  Once under a canoe, there are two options.  One is a quick charge, back into the canoe, before eventual exit from the canoe.  The other is the abandon ship maneuver.  We stay under, take few long strokes underwater, and emerge upstream of the ship to burst back above the...

Will bitcoin help end capitalism?

How is that for a compelling title?  Well, I bet most of the currently small reader base here will not agree that it is compelling.  You will probably be tempted to say "well, no" and move on.  However you will notice that the statement has only five words, the last of which is quite vague. ...