Latest Articles
A List of Major Bitcoin Thefts, Scams, Hacks, and Losses
By: kibaThis article attempts to detail some of the worst thefts, losses, and scams that have occurred thus far in Bitcoin's economic history. The Five W's(Who, What, When, Where and Why) are used to brie...
Bitcoin Adoption Opportunity: Teenagers
By: Vitalik ButerinIn order for Bitcoin, like any other product that is heavily reliant on network effects, to reach mainstream usage, it must neceessarily grow in stages. There are two models for this type of growth...
Bitcoin: What Is It?
By: Vitalik ButerinThe question of what is Bitcoin seems at first to be an obvious one: "Bitcoin is a decentralized peer-to-peer digital currency created by Satoshi Nakamoto". But within this simple answer, lying hid...
Warfare in a Bitcoin World
By: Vitalik ButerinA world of electronic currency as it stands has allowed for an unpredecented amount of phyisical decentralization in modern organizations. A single web company might have some employees in one city...
Social Democracy Enforced in Currency
By: Vitalik ButerinOne of the unique features of Bitcoin is that it enforces certain features of social organization in code - the inflation rate is precisely controlled in code, and it is impossible for anyone to fo...
Alternative Distributed Currency Creation and Distribution Models and Implementation
By: Vitalik ButerinBitcoin's economic model is one of deflationism: while the monetary supply is currently rapidly growing, the growth rate will [slow down in 2013](https://en.bitcoin.it/w/images/en/e/e3/Total_bitcoi...
Bitcoin, Alternative Applications and the Profit Motive
By: Vitalik ButerinPreviously, I talked about the key factor that makes Bitcoin such a stable system - it is based on a set o...
Bitcoin, Decentralization and the Nash Equilibrium
By: Vitalik ButerinTechnological historians will for a long time see Bitcoin as a fundamental innovation in Internet technology. It's the first distributed electronic currency that enforces a prohibition on double sp...
Bitcoin for Merchants, Part II
By: Vitalik ButerinIn the first part of this series, I talked about the use of Bitcoin in physical stores, and the conclusion was that with the introd...
Bitcoin for Merchants, Part I
By: Vitalik ButerinWith immediate hopes of Bitcoin's value exploding past $100 shattered, the community's focus has now moved to improving Bitcoin's viabi...
From the Archive
The GLBSE and Decentralization
By: Vitalik ButerinIn a previous article, I talked about the Global Bitcoin Stock Exchange and how it differs from traditional...