The reading path
Money, from the ground up
Eight short articles, meant to be read in order. Together they build the whole picture: what money is, how gold and fiat and Bitcoin compare, and how to judge any of them for yourself.
The three jobs of money and the eight properties that let something do them well. The framework for everything else.
Why barter fails, why gold won for millennia, and how the world reached pure fiat in 1971.
Who creates money, what inflation is, and why purchasing power erodes — benefits and critiques alike.
A ledger no one owns, mining, the 21-million cap, and self-custody — in plain English, no code or hype.
The full checklist applied to Bitcoin — its real strengths and its real weaknesses. The payoff article.
The sound-money argument and the strongest economic counterargument, weighed side by side.
The five strongest objections stated at full strength, each with a considered response. No strawmen.
The medium-of-exchange problem today and how the Lightning Network addresses it. Realistic about the present.