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Play Bitcoin: Remember, It's Just a Game

[[My first article with Breakermag was published in September 2018. Alas, Breakermag closed its doors in 2019. The website remained up for a while b…

From Circle-of-Gold to Mega$Nets to Bitcoin

We tend to dismiss chain letters as mere scams or frauds. In this post I want to get readers thinking about chain letters as a type of financial inno…

Ponzis and bitcoin as a response to a bad economy: the case of Nigeria

Usually when I think about gambling and speculative excess, I've always associated it with giddy prosperity. When an economy is doing well, produ…

Cryptocurrency in a land of strict gambling laws

Kim Jin-Woo, K-pop star jailed for online gambling [ source ] I recently read that South Korea will not be taxing capital gains on cryptocurrencies…

Classifying cryptocurrencies

Whenever biologists stumble on a strange specimen, they first try to see if it fits into the existing taxonomy. If it doesn't fall within any of …
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