Block ———

First principles. Nothing else.

Evergreen writing on Bitcoin, Austrian economics, and the transition off fiat. No price predictions. No trading signals. No hype.

Bitcoin as Money2 July 2026 · 3 min

Is It Too Late to Buy Bitcoin?

The question assumes bitcoin is a trade you might have missed. It is a monetary protocol. Here is a more useful way to think about timing, adoption, and what you are actually buying.

Read →
Bitcoin as Money16 June 2026 · 4 min

Bitcoin Halving: What It Is, Past Dates and the Next Halving

A bitcoin halving is the point, every 210,000 blocks, at which the reward for mining a new block is cut in half. There have been four, in 2012, 2016, 2020 and 2024. The fifth falls at block 1,050,000, expected around April 2028. Each halves the rate at which new bitcoin are issued.

Read →
Business1 June 2026 · 4 min

Lightning for Business: Instant Settlement, Near-Zero Fees

The Lightning Network turns bitcoin into a practical payment rail for business: settlement in about a second, fees of a small fraction of a percent, no chargebacks, and global reach without intermediaries. Here is what it enables and how to integrate it.

Read →
Business1 June 2026 · 5 min

Bitcoin and Business Tax: What Every Owner Needs to Know

Bitcoin tax for businesses is manageable once you understand the framework: how it is treated when received as income, how disposals are taxed, how to handle VAT and payroll, and the records you must keep. The one rule above all: get a professional who understands digital assets.

Read →
Business1 June 2026 · 5 min

How to Accept Bitcoin Payments: A Business Guide

Accepting bitcoin is simpler, cheaper, and more final than card payments. This guide covers the full setup — BTCPay Server, Lightning, point-of-sale, online checkout — and the one decision that actually matters: convert or hold.

Read →
Business1 June 2026 · 5 min

Should Your Business Hold Bitcoin? The Complete Guide

Every business with reserves already holds a position in a depreciating asset: cash. This guide walks through the four decisions a business faces with bitcoin — treasury, payments, tax, and structure — and how to think about each from first principles.

Read →
Austrian Economics24 May 2026 · 11 min

What Causes Boom and Bust Cycles? The Austrian Business Cycle Theory Explained

A boom and bust cycle is the pattern of rapid expansion followed by contraction that modern economies keep going through. The Austrian explanation is that the boom causes the bust: when a central bank holds interest rates below what real savings would set, businesses start projects that the economy's resources cannot finish.

Read →
Austrian Economics24 May 2026 · 25 min

Keynesian vs Austrian Economics: The Hidden Choice Behind Every Modern Crisis

Keynesian economics holds that governments and central banks should manage demand, spending more and cutting interest rates to fight recessions. Austrian economics holds that those interventions cause the booms that end in busts, and that prices and interest rates should be left to markets. That choice sits behind every modern crisis.

Read →
Fiat Failure1 May 2026 · 19 min

Why CBDCs Are Not Bitcoin: The Difference That Matters

Nine in ten central banks are exploring a digital currency. Most people assume these are like Bitcoin. They are the opposite. This is what a CBDC actually is, what powers it gives its issuer, and why its existence makes the case for Bitcoin stronger, not weaker.

Read →