Why Bitcoin is Not a Ponzi Scheme: Point by Point.

LYN ALDEN,  NOV 1, 2021 @Swanbitcoin - One of the concerns I’ve seen aimed at Bitcoin is the claim that it’s a Ponzi scheme. The argument suggests that because the Bitcoin network is contin­u­ally reliant on new people buying in, that eventu­ally it will collapse in price as new buyers are exhausted. So, this article takes a serious look at the concern by comparing and contrasting Bitcoin to systems that have Ponzi-like charac­ter­is­tics, to see if the claim holds up. The short version is that Bitcoin does not meet the defin­i­tion of a Ponzi scheme in either narrow or broad scope, but let’s dive in to see why that’s the case.

Proof-of-Stake and Stablecoins: A Blockchain Centralization Dilemma

LYN ALDEN - Originally published: November 2021 I've been asked a number of times for an update for my views on Ethereum since my January 2021 article on the topic, which received over a quarter million reads. In that prior article, I described Ethereum, explained areas where I was bullish, but also expressed my fundamental concerns with it. The overall …

Bitcoin and the American Idea

ALEX GLADSTEIN , JUL 4, 2021 - Has America strayed from its founding ideals? An activist and a refugee think Bitcoin can help it get back on track.

The Quest for Digital Cash

ALEX GLADSTEIN, OCT 13, 2021 - How Satoshi Nakamoto’s Bitcoin project married the concepts of digital cash and digital gold and how pioneering cryptographer Adam Back continues the work of making it a better tool for freedom.
WTF happened in 1971?

WTF happened in 1971?

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly, roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984