Top posts

Every blog post that took off on Hacker News, ranked by the votes of its best submission. 850 posts.

Crypto & Blockchain
Any year
512

Bitcoin is Worse is Better

2011 essay on how Bitcoin’s long gestation and early opposition indicates it is an example of the ‘Worse is Better’ paradigm in which an ugly complex design with few attractive theoretical properties compared to purer competitors nevertheless successfully takes over a niche, survives, and becomes gradually refined.

530

The China ICO Ban

Regulators in China imposed a blanket ban on ICOs over the long weekend. A number of people have reached out to me via email and Twitter asking me what I think about this. I think regulation of ICOs is inevitable and a good thing if done right (ie lightly). The SEC’s comments on ICOs back […]

535

Bitcoin as a Battery

One of my favorite things about crypto is that, every so often, your conception of what it is changes. Bitcoin at first was “weird internet money” and then it was “a protocol” and then it was “digital gold”. Ethereum is “ICOs”, or maybe “DeFi”, or maybe “Web3”, or maybe all three, or maybe something...