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The Relentless Transformation of Money
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In this relentless transformation of money, there are some casualties. Those who do not have bank accounts and have no access to the world of electronic money must rely on cash to live. But in a universe where bits are king, cash is an expensive commodity — and having to depend on it will trap people in poverty. So the money revolution is likely to widen the gap between rich and poor...
Crypto Thought Experiment
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Digital Gold (Asset) versus Distributed Computational Economy (Payment Coin) What is worth more? A cryptocurrency that provides a store of value like Gold? Or the original Bitcoin draft code and vision that was looking to build a distributed computational economy that could power global electronic cash, trade and services for a huge percentage of the world (both the banked and the unbanked). It...
Bitcoin Bible – Beware of False Messengers
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Seven Days of Bitcoin Creation “And on the seventh day God finished his work that he had done, and he rested on the seventh day from all his work that he had done.” – Genesis bible 2:2 “And on the seventh day Satoshi finished his work that he had done, and he rested on the seventh day from all his work that he had done.” – Bitcoin Genesis 03 Jan 2009 – Satoshi codes Bitcoin...
Pineapple Fund – Donating $55million of Crypto
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Pineapple Fund was an experiment in philanthropy with cryptocurrency wealth. What happens when your ‘play-money’ becomes a treasure chest, and you’re past the satiety point of money? I decided to donate the majority of my cryptocurrency to charities around the world, with an open application process and funding charities big and small. I focused on causes I believe in, or causes...
