Monthly Archives: August 2012

The Friction-Free Bitcoin Economy

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

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Posted in Bitcoin, Economics, Libertarianism, Substitution

Examining the new site ToS;DR ‘Terms of Service; Didn’t Read’

There is a very exiting new service online called ToS;DR ‘Terms of Service; Didn’t Read’. With it, companies offering services over the web have their TOS pages parsed and line items rated. Here is an example of some of their

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Posted in How To, Libertarianism, Software

Sit down and shut up!

Jon Matonis has another great article up at Forbes which replies to Fred Wilson the venture capitalist and principal of Union Square Ventures question about Bitcoin. Below is the text of our comment on this post, spurred on by a

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Posted in Bitcoin, Economics, Libertarianism