"When Satoshi Nakamoto invented bitcoin, he did not invent a new social contract. Satoshi did something else—he leveraged technology to solve many problems of...
“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action...
"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more...