Bitcoin

Archive for Bitcoin

Murphy Talk at Texas Bitcoin Conference

Somebody put up the audio of my talk at the Texas Bitcoin conference. I thought the best contribution I could make was to explain to the evangelists why the orthodox libertarians were going to resist their message. So this is mostly about Austrian monetary theory, not Bitcoin. Also note that this only captures my main […]

Tax Treatment Bask

People are getting riled up over the IRS ruling on Bitcoin; this analysis claims that now BTC has no chance as a currency (as opposed to a mere asset that might be useful for many reasons). Here’s my question: Right now, suppose I convinced a bunch of gold bugs to start using gold coins in […]

Michael Goldstein on the Anarchist Roots of Bitcoin

Before any Rothbardian offers further commentary on Bitcoin, I highly encourage him or her to watch this short presentation. This is one of the things that really made me get off the fence regarding Bitcoin. (Note: I’m not saying Bitcoin will ever be the global money; it’s possible that governments keep it underground. I will […]

A Question for the Hard-Money Bitcoin Skeptics

“Guest” in the comments of my last Bitcoin post perfectly summed up the hard-money angst over Bitcoin. He (?) wrote: This misses the point. There is a distinction to be made between inherent value (nothing has inherent value) and arbitrary value, where people make claims about the utility of some thing even if that thing […]

On Bitcoin and Ludwig von Mises’ Regression Theorem

My talk at the Texas Bitcoin conference revolved around the Austrian approach to money, and why some Austrians (quite understandably) were uncomfortable with Bitcoin. (Apparently you have to pay $50 if you want access to all of the videos, which is worth doing if you want to learn a lot about Bitcoin. But the content […]

Potpourri

==> Unfortunately it looks like they are charging for the videos from the Texas Bitcoin conference. But if you are really interested in deciding once and for all whether it’s a fad or the libertarian’s dream come true, I strongly encourage you to invest the $50 to gain access to the videos. (If you care, […]

Goodbye, Texas

I’ve been in Texas for the Bitcoin conference. The site was not at the hotel (which normally happens when I travel for business) and so I’ve only been at my computer for a very limited time this week. I’ll resume normal posting this weekend. In the meantime, check out the reading list at the Satoshi […]

Best Things on Mt. Gox I’ve Seen

I really hope none of you gets his news from me, because I don’t hit on a lot of things. In case you haven’t heard, Mt. Gox–what was the world’s leading Bitcoin exchange–has folded, leaving millions of depositors unsure if they will see any of their Bitcoin again. Jesse Powell is an insider who wrote […]