Tag: money

  • The Evils of Capitalism

    The Evils of Capitalism

    This post has links to the books I’m currently reading to learn about how capitalism fails society, imperialism in the context of a globalized world, and what we can do to reduce inequality and other evils.

  • Flocking Behavior

    This will hopefully be my last post about the crypto bubble for a while. I feel terrible about myself for spending so much time being distracted by trying to convince people not to “invest” money that they can’t afford to lose into gambling on chance, but I also feel oddly satisfied too, as if I…

  • Why We Can’t Price Anything in Bitcoin

    In this post I try to explain the “unit of account” function of money and why cryptocurrency can’t fulfill it, using El Salvador as an example.

  • Bitcoin to Ethereum

    Bitcoin to Ethereum

    I explain the harm reduction that we can get, if we’re going to live with cryptocurrencies at all, by migrating from proof-of-work to proof-of-stake, or by starting with proof-of-stake for new blockchains.

  • Inside the #Ponziverse

    In this essay, I explain why I’m calling NFTs and smart contracts the new #Ponziverse.

  • Cryptocurrency and NFTs are evil.

    My post from Mar. 10, 2021, regarding cryptocurrencies and cults.