Tag: ethics

Bitcoin environmental concerns are often portrayed in misleading and exaggerated ways contrary to proper research.Bitcoin receives disproportionate media coverage over its tiny fraction of a percent of global emissions and relatively inconsequential environmental impact. Why this happens requires following the money into environmental, social and corporate governance (ESG) accounting. ESG accountants appear to be...

Bitcoin’s technological innovation is available for anyone to use, even bigots; but this shouldn’t sully the entire network’s reputation.The Southern Poverty Law Center (SPLC) issued a new report on the use of bitcoin and other cryptocurrencies by white supremacists and far-right...

The duality of evil and good are reconciled in a technology designed to acknowledge inherent human characteristics.Bitcoin, Alchemy of Money: Transforming Evil Into Greater GoodBitcoin teaches us that evil can be overcome, not with resistance or punishment, but through our willingness to understand and integrate all sides of our nature. From resource wars to human rights abuses...

The adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level.Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, the "...

Bitcoin, being sound money capable of long-term wealth storage, returns the responsibility of saving to the people.Rule IV: Notice That Bitcoin Lurks Where Monetary Responsibility Has Been AbdicatedA reimagination of “Beyond Order” by Jordan Peterson through the lens of Bitcoin.PrefaceThis writing mirrors the exact chronological structure of...

The incentive structure created by Bitcoin introduces new potential for value creation in society.In 2009, Satoshi Nakamoto invented the greatest store of value ever seen in human history. His creation, bitcoin, has firmly secured its place as the hardest form of money in the new digital economy and the bedrock of a new open, global financial system. Bitcoin has already won.What...