Sure, we’ve all seen this in practice and people have developed catchy terms for it, like echo chamber, but the polarization effect of social media has been demonstrated scientifically

Most people can't comprehend the scale of hash rate growth.

The good news about ignorance? Yes, and emphatically yes. The good news about ignorance is that it sets us free from mental chains. Now, to be clear, what I’m talking about here is accepting and admitting our ignorance. This is essential if we want to actually…

Humans are not naturally stupid. Fear, however, distorts them, weakens them, and makes them far less effective than they’d naturally be. Fear, in its many guises, is the great enemy of mankind, and it’s time that we addressed it head on. Fear may be useful…

A rare look inside how Bitfury’s early builders turned Bitcoin mining from a fringe experiment into the backbone of a new global energy system.

Lord Acton wrote that power tends to corrupt, but I’m going to say flat out that it does corrupt. I’ll go further and say that it’s an addiction (probably every bit as bad as cocaine), and that the lust for control is one of its primary drivers. Right now…

The Fed’s quiet return to money printing marks the end of 2% inflation targets and the dawn of a permanent, political inflation regime, one that rewards asset owners and punishes savers.

The demand is strong.

Imagine a pretty spring day. You’re standing on your front porch or some other pleasant vantage point and looking out at a sunlit landscape: trees, grass, and singing birds. Then your five-year-old child or grandchild walks up to you and tugs on your hand…

Rules and obedience have never elevated anyone to heroism and greatness, but I know what does, and I discovered it in the rubble of 9/11. I was scheduled to be in New York for a convention in early 2002, and sent an email to my old friend Jack, along the…