Messaging is finicky. There are many scenarios where it’s necessary to asynchronously send messages between two different layers. For example: Between different threads or processes Between different iframes or windows Between a web page and a web-worker or service-worker Between a client application and a server, via a web-socket Basic Fire-and-Forget Serialized Messages In…

A short counter of Taleb’s Bitcoin analysis. Nassim Nicholas Taleb recently published his latest draft of Bitcoin, Currencies, and Bubbles: Bitcoin, Currencies, and Bubbles This discussion applies quantitative finance methods and economic arguments to cryptocurrencies in general and bitcoin…www.academia.edu This article is not intended to be a complete counter-thesis, nor do I believe that all of Taleb’s arguments are incorrect. …

When you create an asset that appreciates in price exponentially for a whole decade, you’re going to have plenty of charlatans, no small amount of bullshit, and swathes of market hysteria, all of which you need to cut through. Bitcoin is no exception. It can be frustrating as a Bitcoin…

I figure the best way to learn about something is to try to build it from scratch and see what happens. For this year’s JS@PayPal conference, I thought it would be an interesting exercise to live-code Bitcoin in a 30 minute talk. …

After my recent article on why you don’t need S2F to value Bitcoin, I had an interesting conversation with PlanB, and I’ve been following a lot of conversations on Twitter since then. As a result, I’ve edited my original article to (I hope) more fairly present what S2F actually is…

In 2019, PlanB published his Stock-to-Flow model for the Bitcoin price. This model essentially takes the following inputs: The Bitcoin supply, which overall is fixed, but is componentized into “stock”, the existing mined supply, and “flow”, the supply yet to be mined. The Bitcoin block reward schedule, which halves every…

The following is a copy-paste of a message I just sent to a friend. He wanted to know the basics of the Bitcoin technology and market. Figured I’d share it here too, since it ended up being a (potentially useful) wall of text! So, the technology aspect of Bitcoin is…

In recent months we’ve seen many digital artworks tokenized and sold as NFTs, or “Non Fungible Tokens”. In layperson’s terms, this just means that the item is unique. Any one bitcoin is the same as any other bitcoin. …

If you’re anything like me, you spent the last few crypto bull markets trading like crazy, and the years in between forgetting all of the lessons you learned. The biggest part of crypto trading I always forget, is the psychology of it. That’s what I want to write about today…