What is Bitcoin? According to many in governments around the world, in central banking, in law enforcement, it’s a nuisance. It allows pseudonymous actors to transfer supposed value from one side of the planet to the other, across borders, with no 3rd party involvement and without permission of the authorities. […]
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Chpt 37: Break Even
Seigniorage. A word with a long past and an even more sinister present. It originates from the Old French seigneuriage, the ‘right of the lord (seigneur) to mint money’. The seigneurial system was a semi-feudal system of land ownership that originated in France in the 1600’s. Allotted by the king, […]
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Chpt 36: Sober Counsel
Can you imagine a society without lawyers? Not a lawless world, a world with justice and punishment, but without a vampiric class profiting from accident and incident. In Chpt 32: It’s Character Forming I discussed briefly the pillars of ancient Greek moral philosophy (Excellence, Justice, Temperance, Hubris, Reverence and Xenia). […]