bitcoin

Crytpo: ‘Monopoly of Sovereign Issuance of Money is Clearly Over’

Ever since the arrival of leading cryptocurrency Bitcoin on the monetary scene over a decade ago, financial experts have speculated whether this new virtual currency might one day supplant the primacy of nationally-issued sovereign money. Due to the transformative power of its distributed ledger, or “blockchain” technology, cryptocurrencies like Bitcoin have been able to bypass the US dollar-dominated central banking and credit system by providing a low cost peer-to-peer money transfer alternative. But is it enough to tip the global scales?

The Next Pearl Harbour? China’s Gold-backed Crypto Currency Will Blindside US Dollar

“A date which will live in infamy.” Indeed, today marks the 78th anniversary of the attack on Pearl Harbor in Hawaii, which opened the door for the United States to enter World War II. urn on your TV and you will see military mavens rambling on, pontificating about ‘the defense of the realm’, all the while completely aloof and unaware of the American empire’s real Achilles heel.

KOL275 | Did You Know Crypto Podcast, Ep. 54: You Don’t Own Your Bitcoin

Kinsella on Liberty Podcast, Episode 275. This is my appearance in Episode 54 of the Did You Know Crypto Podcast, with host Dustin Dreifuerst. We talked about ownership of bitcoin and related issues.  As Dustin summarized in his show notes: Stephan and I talk about… Ownership, Control & Property as Legal concepts Why you cant actually […]

KOL274 | Nobody Owns Bitcoin (PFS 2019)

Kinsella on Liberty Podcast, Episode 274. [Update: For an article based on the transcript, see “Nobody Owns Bitcoin,” StephanKinsella.com (Sept. 20, 2019) Update: See KOL395 | Selling Does Not Imply Ownership, and Vice-Versa: A Dissection (PFS 2022).] This is my presentation to the 2019 Annual Meeting of the Property and Freedom Society on Sunday, Sept. […]

Will the IMF, FED, Negative Interest and Digital Money Kill the Western Economy?

The IMF, has been instrumental in helping destroying the economy of a myriad of countries, notably, and to start with, the new Russia after the fall of the Soviet Union, Greece, Ukraine and lately Argentina, to mention just a few. Madame Christine Lagarde, as chief of the IMF had a heavy hand in the annihilation of at least the last three mentioned. She is now taking over the Presidency of the European Central Bank (ECB).

KOL271 | Let’s Talk ETC! Libertarianism, Anarcho-Capitalism & Blockchains

Kinsella on Liberty Podcast, Episode 271. This is my appearance on Let’s Talk ETC! #87 (June 24, 2019), with host Dr. Christian Seberino. From his shownotes: Stephan Kinsella is a Houston patent lawyer and libertarian advocate. He joins me for an informative discussion about libertarianism, anarcho-capitalism and related blockchain legal issues. Topics addressed include how […]

Libra: Facebook’s Audacious Bid for Global Monetary Control

Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking.