When Galileo first proposed that the Earth revolved around the Sun ( heliocentrism ), contrary to the Ptolemaic doctrine of the Catholic Church, he knew it would put his life in danger. Even spending six years building the mathematical proof to support his claim, and eventually publishing it, would

When a party has a well-defined duty to serve the interests of others, but instead places its own interests first.

Attempting to hide something that is oddly-specific is likely to result in increased curiosity as to why it's being hidden in the first place. In 2003 singer Barbra Streisand attempted to sue a photographer for violation of privacy after he posted an aerial photo online, as part of a coastline erosi

A network consists of connected nodes all following a common protocol (ruleset). For a monetary network to achieve a level of decentralization capable of resisting geographically-targeted attacks, running a node that can independently verify recorded history must be within reach for a sufficiently l

This edition aims to answer these four questions: What is fiat ? Who gets to issue it? Who is it issued to? What implications does this have?

"You open the newspaper to an article on some subject you know well.. and see the journalist has absolutely no understanding of either the facts or the issues..and then turn the page and read as if the rest of the newspaper was somehow more accurate..” -Michael Crichton

This edition seeks to cover the following: What is a power law? Power laws in price Power laws in competition

A catalyst is the thing that triggers an event, movement or permanent shift. They kick-start some kind of reaction in their surrounding environment, but do not undergo change themselves. Gradually→[Catalyst→Event]→Suddenly Today, more often than not, it's technology that drives these changes (whethe

In the previous 5,000+ years of monetary history, unbacked fiat currency has existed for roughly 50 years. For many alive today, it's all we've ever known so we think of it as the norm. This highlights the challenge for an observer trying to objectively understand the system of which they're a part

Trust The Medium The White House has hosted 1,000's of events in its lifetime (concerts, funerals, galas,etc.). Most uncharacteristic perhaps, was a series of séances in the 1860's. First Lady Mary Todd Lincoln was grief-stricken and desperate for solace after the death of her son Willie. A growing