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Tag: money

The Evils of Capitalism

US $100 bills - John Guccione / Pexels

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.

Published 2022-01-17
Categorized as Finance Tagged capitalism, colonialism, cryptocurrency, economics, finance, imperialism, money, risk

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… Continue reading Flocking Behavior

Published 2022-01-13
Categorized as Cryptocurrency Tagged bitcoin, blockchain, cryptocurrency, finance, money, risk

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.

Published 2022-01-10
Categorized as Cryptocurrency Tagged bitcoin, cryptocurrency, El Salvador, Ethereum, money, taxes

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.

Published 2022-01-09
Categorized as Cryptocurrency Tagged bitcoin, blockchain, climatechange, cryptocurrency, Ethereum, finance, money, risk

Inside the #Ponziverse

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

Published 2021-12-26
Categorized as Cryptocurrency Tagged cryptocurrency, Cryptovoxels, Decentraland, finance, money, NFTs, Ponzi schemes, risk

Cryptocurrency and NFTs are evil.

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

Published 2021-12-24
Categorized as Cryptocurrency Tagged cryptocurrency, cults, currency, money

Recent Posts

  • Apologies for IPv6 Outage
  • Now on Mastodon
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  • The Evils of Capitalism

Recent Comments

  1. Jon Goff on The Evils of Capitalism
  2. Fabien on The Evils of Capitalism
  3. Cryptocurrency and NFTs are evil. – Jake Hamby's Site on Bitcoin to Ethereum
  4. Flocking Behavior – Jake Hamby's Site on The Great Bitcoin Bank Heist
  5. Why We Can’t Price Anything in Bitcoin – Jake Hamby's Site on Bitcoin to Ethereum
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