Who invented Bitcoin? Part 1

Who invented Bitcoin? Part 1

Satoshi Nakamoto did. Satoshi was the anonymous creator of Bitcoin. He solved the double spend problem which had flummoxed computer scientists for decades. Although Satoshi created Bitcoin, the concept was built on the shoulders of cryptographic giants over a 40 year...
Inflation is theft. Bit

Inflation is theft. Bit

“Inflation is Taxation without representation” Milton Friedman In the 21st century World Central banks have an inflation target of 2% a year. 2% inflation is not noticeable in the short term. This means £100 in your pocket this year will give you...
Never pay for Banks mistakes again.

Never pay for Banks mistakes again.

Under a Bitcoin standard, the tax payers won’t ever bailout banks again. There is no doubt that Banks were responsible for the Global financial crisis of 2008. You would have thought they would be held accountable for such a cataclysmic event. But no. The UK...
What is Inflation?

What is Inflation?

Central Banks use a term called Quantitive Easing to describe the practice of “printing money out of fresh air” if anyone else tried to do that they would go straight to jail. This creates price Inflation. Where over time the price of things you need to buy goes up....
What is Bitcoin?

What is Bitcoin?

Bitcoin is a digital currency, that is native to the internet. It was the first successful attempt to produce a currency independent of any central authority like a bank or Government. Trustless & transferable electronically from person to person instantly...
Deadcoins / Shitcoins

Deadcoins / Shitcoins

At the end of the day. If you create a token based on some ideas jotted down on a piece of white paper. You raise $100 million in the ICO. What incentive do you as the creator have to finish the project? You are already rich at the release of the idea! Keep it Simple...