I received the following email from a good friend this morning and though I would share my response. good time to buy? if so what kind of basket would you recommend? im not nearly as familiar with the algorithms as you are. lmk what you make of all this, ya? BTC has had at least…

Innovation is the whim of an elite before it becomes a need of the public. – Ludwig von Mises Most chatter pertaining to Bitcoin reveals two parties: a taurine advocate with faith in computer science and an ursine adversary suffering from an aversion to mathematics. For some, the nascent cypherpunk cash system seems incompatible with…

Money is human happiness in the abstract; he, then, who is no longer capable of enjoying human happiness in the concrete devotes himself utterly to money. -Arthur Schopenhauer Bitcoin faces widespread ridicule, an early stage for accepted truth as described by the 19th century German philosopher Arthur Schopenhauer. Despite my own convictions in the enormous…

This is an introduction to a series on bitcoin and related crypto protocols; from hardware to software, pools to exchanges, wallets and services, we cover the key concepts for participating in the emerging digital economy. The aim is to distill the entire process of coin creation into an easily digestible guide with proven methods. Hardware…