Tag Archives: Bitcoin

Bitcoin and Why Mises’ Regression Theorem is Wrong

For a little background please read Bitcoin: A New Commodity Created To Serve Market Demand. In this post I take it a little further. In short, Mises’ Regression Theorem is wrong – I know this is heresy to the Austrian … Continue reading

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Bitcoin is an “opt in” community currency, here’s how you can get it at a discount

Bitcoin is a currency used by a community of individuals and businesses. It is used to facilitate the trade of goods and services. It is private, irreversible and transfers are virtually instantaneous – whether they are across the room or … Continue reading

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BITCOIN – What It Is and Why It Matters

I’ve published into a small booklet a compilation of my bitcoin posts from this site. It makes a great primer for someone who is new to bitcoin. Click here to buy with bitcoin Click here to buy on Amazon.com

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Bitcoin Is Backed By Me

by Bitcoin Merchant A lot of people fret over the idea that bitcoin is “not backed by anything”. Well, I’m here to tell you that it is. It is backed by my products and services. And it is also backed … Continue reading

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Bitcoin: The Ultimate Offshore Bank Account?

By Anthony Freeman In my previous posts (here, here, here, here and here) I’ve highlighted the many benefits of bitcoin and I recommend you review them for further understanding. In this post I will focus on what I believe gives … Continue reading

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Expect bitcoin to be “banned” – expect the ban to be ignored

by Anthony Freeman Man, by nature, wants to be free. He wants to choose how he lives his life. He wants to choose with whom he will associate. He wants to choose with whom he will trade. He wants to … Continue reading

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Bitcoin: A New Commodity Created To Serve Market Demand

by Anthony Freeman Proposition: Bitcoin is a new commodity invented to address the market demand for a better medium of exchange. First some definitions for terms that I will be using in this post: Commodity: a) an article of commerce; … Continue reading

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Bitcoin and the “non-economists” at The Economist

Here are some quick comments on a recent article from The Economist: In the article the unnamed author makes the following statement: “Attracting enough users to smooth such volatility seems unlikely in the foreseeable future. Established fiat currencies—ones where bills … Continue reading

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How to deal with price volatility when pricing your goods and services in Bitcoin

If you are like me, you are excited about the whole idea of using bitcoin as an alternative currency. You are motivated to take control of your money instead of leaving it in the hands of central bankers and politicians. … Continue reading

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Bitcoin And The Virtue of Hoarding and Deflation

By Anthony Freeman I wanted to take a moment and dispel some of the myths circulating about hoarding and deflation: What most people don’t understand is that “deflation” (defined in this instance as the lowering of prices compared to bitcoin’s … Continue reading

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