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Pecuniology Blog

Promote economic and financial literacy worldwide: the future is unknowable, invest accordingly, and profit from hypocrisy.

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Pecuniology Blog | blog.pecuniology.com Reviews
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Promote economic and financial literacy worldwide: the future is unknowable, invest accordingly, and profit from hypocrisy.
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proof of snark,sidebar,sardonic,not sarcastic,great,ideas,also,worst,idea in,of human history,right,not the obligation,unrealized conditional value,no responses,bitcoin,satire,new york times,durable,portable,and divisible,analogous to,model,rewards,scarce
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Pecuniology Blog | blog.pecuniology.com Reviews

https://blog.pecuniology.com

Promote economic and financial literacy worldwide: the future is unknowable, invest accordingly, and profit from hypocrisy.

INTERNAL PAGES

blog.pecuniology.com blog.pecuniology.com
1

Pecuniology Blog

http://blog.pecuniology.com/category/economics/inflation

Krugman’s Latest Anti-Bitcoin Troll. Paul Krugman, who won the 2008 Nobel Memorial Prize in Economic Sciences for his work in Economic Geography, was at it again in December 2013, in yet another of his anti-Bitcoin rants in the Opinion pages of the. 8220; Bits and Barbarism. 8221; (22 December 2013). It is unclear why something with a total value of about 5% of Carlos Slim’s personal portfolio so upsets him, but Bitcoin has a hold on his imagination that borders on obsessive. From any computer or smartph...

2

Pecuniology Blog

http://blog.pecuniology.com/category/general/satire

A Proof-of-Snark (POS) protocol. Deters denial of service attacks and other service abuses such as spam on a network by requiring some original snark from the service requester, usually meaning a sardonic summary of the request, typically in the form of dry or biting understatement. Granted, Proof-of-Stake (PoS) fulfills the requirement of being different merely for the sake of being different from POW, as does the discovery of new prime numbers, but these are already taken, and promoters must refresh th...

3

Pecuniology Blog

http://blog.pecuniology.com/tag/corporate-tax

Bitcoin: The Fed’s Best Friend. Much talk about Bitcoin centers on the claim that it represents some kind of existential threat. To the US dollar (USD) specifically, fiat currency generally, and maybe even the nation-state as a social institution and organizational structure. Considering that the total value of Bitcoin in circulation today, in June 2013, is approximately USD 1.25 billion, or 2% of Carlos Slim’s personal portfolio. Bit ahead of themselves. As I have pointed out before. As things stand, a ...

4

Pecuniology Blog

http://blog.pecuniology.com/2013/08/25/then-they-fight-you

8230;Then They Fight You…. 8230;Then They Fight You…. Mohandas Gandhi famously noted in the context of revolution, “First they ignore you. Then they laugh at you. Then they fight you. Then you win.”. One typical example of this is Ari Zoldan’s “ Bitcoin: Society’s Boon or Bane? 8221; on the. According to Betteridge’s Law of Headlines. Bitcoin is a protocol. It is not a revolution, a philosophy, or a political movement. In spite of this, some individuals take the time to write “J’accuse…! Bitcoin’s ...

5

Pecuniology Blog

http://blog.pecuniology.com/category/economics

Krugman’s Latest Anti-Bitcoin Troll. Paul Krugman, who won the 2008 Nobel Memorial Prize in Economic Sciences for his work in Economic Geography, was at it again in December 2013, in yet another of his anti-Bitcoin rants in the Opinion pages of the. 8220; Bits and Barbarism. 8221; (22 December 2013). It is unclear why something with a total value of about 5% of Carlos Slim’s personal portfolio so upsets him, but Bitcoin has a hold on his imagination that borders on obsessive. From any computer or smartph...

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A Proof-of-Snark (POS) protocol. Deters denial of service attacks and other service abuses such as spam on a network by requiring some original snark from the service requester, usually meaning a sardonic summary of the request, typically in the form of dry or biting understatement. Granted, Proof-of-Stake (PoS) fulfills the requirement of being different merely for the sake of being different from POW, as does the discovery of new prime numbers, but these are already taken, and promoters must refresh th...

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