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Showing posts from September, 2017

Electricity, a real currency

Value is a strange thing. What do humans really value? Food? Housing? Clothes? Well, of course those things have intrinsic value as we need them to survive. But to have an economy you can't rely on food or other items required for survival as once they're spent, they're spent forever. We need something which can be spent for good but produce something which can stay in circulation forever, or at least for quite a long time. We also need something that cannot be easily destroyed, cannot be forged and is easily identifiable as the item in question. Most importantly, we need something which humans identify as truly valuable. Thus, this something should also be able to be used for other purposes, without removing value from the a potential byproduct which may have the qualities mentioned and can be used as money.

For centuries, this concept has found refuge in precious, or rather let's call it rare, metals. Silver, platinum, gold and many others, with the most valuable be…

About this site

I'm a politically minded hacker. I like, follow and try to be involved in the cypherpunk movement. I have been involved in cryptocurrencies since 2011, small-time mining and trading, as well as coding on altcoins and some bitcoin APIs. At the end of the day, I think that cryptography can enable our civilization to thrive as private individuals or private groups of individuals. It can not only allow us to put out our thoughts freely without having to worry about government oppression or oppression by anyone else. Even for communities that cannot freely exercise their human rights, they can use cryptography to move messages of freedom within their people, support revolutions and organize the unorganized masses against oppressive regimes.

Cryptography is our way out. Where progressivism and conservatism fail on the moral and economic nature of the 21st century, technology and cryptography provide a way out of these archaic thought methods that define our political realm in a dogmati…