“You can avoid reality, but you cannot avoid the consequences of avoiding reality.” – Ayn Rand This famous Ayn Rand quote is true, but the real question is raises is “what is reality?” For some American journalists, reality is their belief that America is the center of the universe, and that their opinions, rulings and […]

There is much talk about the arbitrary imposition of a nonsensical “Bitlicense” on businesses based in New York that use Bitcoin to make a profit. Apart from the nauseating and unimaginative use of the prefix “Bit” in yet another context, this idea is of course, completely absurd and unethical. It’s also guaranteed that this bad […]

The Financial Times has published an astonishingly blinkered and short-sighted article, where Bitcoin is mischaracterised as a threat, instead of the greatest business opportunity of the century. The fact of the matter is, and I have said this before, the country that puts a 150 year moratorium on all Bitcoin regulation and ‘supervision’ will reap all the […]

By Brandon Smith I was in the midst of the Save America Convention in Tampa, Florida when I heard, first, that Libya was under bombardment by the UN (led by U.S. forces), and, that Satoshi Nakamura of Bitcoin had been convicted of “counterfeiting”. It was a stressful day, to say the least. For those not […]

The European Central Bank is one of the most destructive entities ever unleashed upon the peoples of Europe. Its Keynesian fiat currency is backed by nothing, is defrauding millions, is by design stealing value from the people who are forced to use it under threat of violence, and is doomed to fail and collapse like […]

As the barriers to competition evaporate, the world is becoming Bitcoin’s oyster. Guess who it is you’re fighting now? Everybody. In his old book, The Road Ahead, Bill Gates wrote of “friction-free capitalism,” a type of marketplace that he argued will be ushered in by the spread of a technology like Bitcoin. This is like […]

The Financial Services Club Blog has an interesting piece on Barclays Pingit: http://thefinanser.co.uk/fsclub/2012/05/case-study-barclays-pingit-for-consumers-and-corporates.html Pingit is the new service from Barclays that runs on iPhones and Android. In order to use it, you need to be a Barclays customer. Barclays Pingit is growing fast. They have over seven hundred thousand users. They are using the PayPal […]

Should people who want to see the widespread and rapid adoption of Bitcoin seek tight regulation and integration with the State, or should they rely only on their skills as developers, marketers and entrepreneurs to create the rock solid, reliable and trustworthy products that people will use in their millions, like the other well known […]

Mint Chip, the Canadian Royal Mint’s attempt to enter the digital money market, is doomed to fail. It is being thoroughly attacked from all sides, the technical, the philosophical and economic. Via a post on Slashdot, we are reminded of Bruce Schneier’s warning signs of Snake Oil, which the Mint Chip suffers from. What is […]

There is a great deal of deeply seated confusion about corporations, their origins and true purpose. People who are intelligent and well read in the field of the philosophy of liberty sometimes fall short when it comes to understanding what a corporation is, why people use them and what the true nature of them are. […]

George Monbiot, world famous environmentalist and renowned anti C02 campaigner has chosen to launch an attack on Libertarianism. Articles like his are more useful than annoying, because it provides Libertarians an opportunity refute all of his carefully made points, and introduce people to the true core philosophy behind Libertarianism. First things first. What is Libertarianism? […]

Bitcoin is a very new technology, even though the concept that it brings to life is decades old. The double spending problem has been solved; this means that it is possible to use a digital certificate to stand in the place of money and be sure that no one else can spend that certificate other […]

It is clear that the State is not going to quietly disappear into the night, and leave everyone to live as free men. Given that they still feel the need to preserve the illusion that they have the consent of the governed, we can expect any technology that threatens the State to come under legislative […]

The US Dollar, the first pure fiat world reserve currency, has lost almost all of its value against gold, falling from $1 to around $1680 per ounce. It’s now looking increasingly likely that the record-high price of $1680 on June 8 represented the peak of a financial fraud that is now slowly unravelling. The interesting […]

MTGox, we discover, was the victim of an internal leak of their database. They were not hacked, and they are the victims of a criminal act of theft. The facts in this matter do not concern the people who are gloating over this event. There are a group of people who are violent in nature, […]

That acephalous, elusive, networked, autonomous, intelligent and revolutionary construct Anonymous, has published a statement called “An Open Letter to the Citizens of the United States of America”, wherein they demonstrate that Anonymous is rapidly iterating towards Libertarianism. They have a few more cycles to go however. We have written about Anonymous before; it is interesting […]

Ambrose Evans-Pritchard writes in the Telegraph about ‘The Death of Paper Money’. Anyone who has been woken up by Ron Paul, Lew Rockwell, Murray Rothbard and the Austrians knows that this is in fact inevitable, and in the end, is a good thing, because it means that government can no longer steal your money from […]