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Why Bitcoin is Not Cash

The difference between Bitcoin and cash, is that cash is fungible. At least if it’s a coin – if it’s a gold coin. It’s really no different from any other gold coin and so one is as good as another. That’s not quite as true with notes because notes have serial numbers but let’s ignore […]

Why Bitcoin Is Not Working

Currency, in its many forms, has been part of human civilisation for thousands of years. A natural evolution of trade from the the arduous process of bartering, where traders needed to find an equivalent exchange of goods to complete a transaction. The advent of metal coins, which had a known and reliable value, allowed trade […]