Warning: longread. A sort of tl;dr at the bottom. In this post I’ll outline why I think that Nano (a cryptocurrency), rather than Bitcoin or gold, might be the “final” store of value, because it approaches the theoretical limit of perfect store of value/reserve currency characteristics. Much of this is…

Proof of Stake leads to the rich getting richer, subsidised by the poor. This is worrying from a security perspective as this leads to ever less decentralization and thus security over time. — I’m using ETH as an example in this post because the merge just happened but the same holds for other Proof of Stake cryptocurrencies. “Staking is a great way to get passive income.” In ETH, staking rewards are a combination of block rewards, transaction fees (tips), and MEV.

I’ve seen this discussion pop up more often recently, so let’s dive in. In short, the argument goes that currencies need to be inflationary so that people are incentivised to spend. A way to see it is to think of inflationary currency as a hot potato — if you don’t…

This article is mostly paraphrasing Elon Musk’s words from his podcast with Lex Fridman, and then applying it to crypto practically to arrive at the theoretical best form of money. Cryptocurrency is an interesting approach to reducing the error in the database that is called money. Right now the…

With Nano becoming ever more well known, the time seems right for a short history of Nano. For those that haven’t been around since the start it might add some colour, while for those that have been around since the very beginning it might bring back memories. I generally try…

Staking is one of the more recent buzzwords in crypto. It allows you to earn “passive income”. Different chains offer different implementations of staking. Some make staking very easy, some have high returns on staking, and in all cases you supposedly help secure the network. In this article, I explain…

My thesis in this article is that cryptocurrencies relying on Proof of Work (PoW) or Proof of Stake (PoS) for consensus centralize over time, leading to degraded security. An expanding money supply, fees, and staking encourage a loss in stall resistance and a loss in security. …

The promising world of cryptocurrencies There’s a good chance you’ll have heard a friend talking about cryptocurrency recently. What is it, and why are people so excited about it? In this article, I explain what makes cryptocurrency innovative and why Nano specifically is an incredibly exciting project. First off, to understand the excitement about Nano…

While I’ve written a lot on what Nano can do and how well it works, I haven’t written about the vision behind Nano. Front and center on the Nano website is the Nano Foundation’s motto: Nano makes money efficient for a more equal world — simple to pay with, easy…