Tamas BlummerHow 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…Dec 16, 20192Dec 16, 20192
Tamas BlummerWhat 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.Oct 14, 2019Oct 14, 2019
Tamas BlummerWho pays the miner?No doubt that miner work for profit, but who pays for it?Oct 14, 20191Oct 14, 20191
Tamas BlummerBitcoin’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…Oct 13, 2019Oct 13, 2019
Tamas BlummerBitcoin 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…Jun 29, 2019Jun 29, 2019
Tamas BlummerFull 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…Jun 28, 20192Jun 28, 20192
Tamas BlummerHow to suppress Bitcoin’s price?Those regularly bullying markets might want to know.Jun 25, 20191Jun 25, 20191
Tamas BlummerWhat if Libra is a success?Let’s assume Libra works as a technology and people love it. What would it do to financial markets?Jun 20, 20191Jun 20, 20191
Tamas BlummerThere 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.Jun 18, 20191Jun 18, 20191
Tamas BlummerA 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.Jun 5, 20194Jun 5, 20194