Tamas Blummer·Dec 16, 2019How central banking breaks downPeople work on trading desks at big banks are smart predators. They were trained to spot opportunities. An obvious opportunity is when a…A response icon2A response icon2
Tamas Blummer·Oct 14, 2019What fee would be fair?The driver of fees is scarcity of block space. There is an other scarce resource we should also price in, the use of UTXO.
Tamas Blummer·Oct 14, 2019Who pays the miner?No doubt that miner work for profit, but who pays for it?A response icon1A response icon1
Tamas Blummer·Oct 13, 2019Bitcoin’s storage costStoring wealth in bitcoin is not for free. That cost is traditionally called carry for other assets and is easily quantifiable for bitcoin…
Tamas Blummer·Jun 29, 2019Bitcoin Embedded Property ChainsThere were many attempts to re-purpose Bitcoin’s secure transfer mechanism of its own units to transfer property rights. I present a new…
Tamas Blummer·Jun 28, 2019Full Reserve Banking with BitcoinUnchecked inflation of money supply through fractional reserve is creating a mess in the world we live in. Bitcoin could overcome this…A response icon2A response icon2
Tamas Blummer·Jun 25, 2019How to suppress Bitcoin’s price?Those regularly bullying markets might want to know.A response icon1A response icon1
Tamas Blummer·Jun 20, 2019What if Libra is a success?Let’s assume Libra works as a technology and people love it. What would it do to financial markets?A response icon1A response icon1
Tamas Blummer·Jun 18, 2019There Can Be Only OneNetwork effect is a weak argument for Bitcoin’s value. There is a stronger one: There can only be one definition of time with computation.A response icon1A response icon1
Tamas Blummer·Jun 5, 2019A take on Bitcoin’s Gini coefficientGini coefficient is the popular measure of inequality, that I attempt to estimate it for Bitcoin with a simple approach.A response icon4A response icon4