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Stats Has written 2 posts about cryptocurrency

Jul 15 2021

Bitcoin Is Absurd, Part II: Struggles For Satoshi

Jul 15 2021 Published at Bitcoin Magazine under tags  china communism culture ideas mining

The recent Chinese crackdown on bitcoin mining is confusing, but not incongruent with their ideology.Right now Bitcoin is experiencing a gigantic drop in hashrate due to the Chinese Communist Party (...

Jul 01 2021

Bitcoin Is Absurd, Part I: Volcano Mining And The Banana Republic

Jul 01 2021 Published at Bitcoin Magazine under tags  culture history ideas philosophy

A philosophical dive into how truly absurd the slow but sure monetary takeover bitcoin has been experiencing is.Barely more than two weeks ago I listened live along with more than 20,000 others to President Nayib Bukele of El Salvador and his brother/campaign manager Karim discuss their country’s decision to officially make...

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