Time preference – what is it?

One important thing that separates us humans from other primates, apart from the obvious things, is that humans are able to consciously delay gratification of things. Like saving food or money for scarcer times, or investing resources for future growth. This ability is one of many important catalysts to building a successful society.

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Rebooting liberalism – part 2: Funding public goods

This is the next post in my series about Radical Markets. If you haven’t already, it might be a good idea to read my first post in this series before reading further. In this second post I’m going to focus on coordination between communities within liberalism, and specifically how to coordinate the funding of public goods. Continue reading “Rebooting liberalism – part 2: Funding public goods”

Bitcoin is not money

It’s sometimes hard to frame conversations around cryptocurrencies like Bitcoin and Ether. That’s largely down to the fact that no one can truly express what these things are, and what they mean to humans and our society. These are entirely new organisms that lack precedence. But finding the right definitions are going to be important because it will ultimately decide if and/or how governments will regulate these things. Is Bitcoin money? Is Bitcoin a network or a protocol? Is Bitcoin a community? It’s none of the above and all of them at the same time. Continue reading “Bitcoin is not money”