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Don’t Believe the Gloom-and-Doom Hype
In my youth, I did several years in Hollywood. My mother, thankfully, never found out. I told her I was a contract killer for the Yakuza, or something, to spare her the truth. Initially, my… read more
Should Bitcoin Be Regulated Like Dollars?
The opening talk at the Bitcoin 2013 conference in San Jose was given by the Wilklevoss twins, purported owners of 1% of the world’s existing Bitcoins. They addressed the burning question of whether and how… read more
Money Debauchery Continues
Kings used to “clip” and “sweat” coins constantly to pad the government treasury. Coins would be called in and filed around the edges, with the resulting loose metal coined into new currency for the government to spend. This practice has gone the way of the buggy whip, with the Federal Reserve conjuring up billions from the ether with the ease of a keystroke.… read more
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