Suixuan

分类：Web3 & Bitcoin

Copernicus and Nakamoto — A Paradigm Shift in the Technological Revolution

Web3 & Bitcoin2015.01.28
Copernicus and Nakamoto — A Paradigm Shift in the Technological Revolution
This article was submitted last year to Babit, and may have been included in a new book published by Babit. But so far I still haven’t seen it published. Recently, while writing an article, I happened to come across some related content, and remembered that this piece still hadn’t been made public, so I might as well publish it first~ In the earlier Southern Metropolis Daily Bitcoin interview questionnaire, when I reposted it on Babit and Bitren, I added the title “Bitcoin as a Paradigm Revolution.” After all, having a title makes it seem as though it will spread better. But in fact, as a paradigm revolution, it was only…
media philosophy of science Web3 Aristotle
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2015年1月28日
Nandu Media’s “Bitcoin” Special Feature Interview Questionnaire

Web3 & Bitcoin2013.12.23
Nandu Media’s “Bitcoin” Special Feature Interview Questionnaire
This interview came to me on November 21, and I finished writing it that very day. After that, Nandu.com spent a month putting together this special feature. Overall, they did a pretty good job; the altcoin list at the very bottom is a bit of an unnecessary embellishment. According to the reporter’s request, I waited a few days before reposting it. But in fact, back then I had never agreed to any copyright arrangement with them, nor had I received any fee or the like, so one might say the copyright to this piece still remains in my own hands~ 1、How did Bitcoin enter your world? Do you think…
China Web3 Bitcoin decentralization
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2013年12月23日
Why Doesn’t Bitcoin Fit Gresham’s Law (Bad Money Drives Out Good)?

Web3 & Bitcoin2013.11.06
Why Doesn’t Bitcoin Fit Gresham’s Law (Bad Money Drives Out Good)?
Many people who question Bitcoin focus on its so-called “deflationary” character: because the total supply of bitcoins is limited and tends to appreciate, people are inclined to hoard them rather than spend them, so liquidity is poor and Bitcoin cannot become a mainstream currency. There are also two dimensions to this issue: one is temporal, the other spatial. First, considering the prospect of future appreciation, we may use money as conservatively as possible and engage less in speculation and investment. In this sense, the weakening of so-called “liquidity” by Bitcoin is inevitable, but that is not necessarily a bad thing. In a series of earlier articles of mine (such as…
Web3 Bitcoin money economy
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2013年11月6日
Is Bitcoin Environmentally Friendly?

Web3 & Bitcoin2013.10.20
Is Bitcoin Environmentally Friendly?
This article is an original entry in the 2013 essay contest organized by Bitren and was first published on the Bitren forum, so it did not debut on my blog. At first I thought I stood no chance of winning any prize, so last night I casually posted it on the blog; unexpectedly, it still won the second-place grand prize. Because I reposted it half a day early (to Babbitt), I have voluntarily deducted 10% of the prize money as punishment, and here I would like to apologize to and thank the Bitren website. 1. Does Bitcoin waste resources? Bitcoin’s proof-of-work mechanism, that is, the so-called “mining,” is often criticized:…
technology Web3 Bitcoin value
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2013年10月20日
Bitcoin: Musings on Mining and Altcoins

Web3 & Bitcoin2013.07.29
Bitcoin: Musings on Mining and Altcoins
It has been exactly three months since I started buying bitcoin. From my first purchase, I bought 0.06 coin at 1,160 yuan per coin; at the lowest point I bought 0.5 coin at 372 yuan. All told, my cost basis is roughly 650 yuan. Then I spent 5 coins buying mining machines, made 5 coins from stock trading, and between assorted low buys, high sells, and gambling, my overall balance of income and expenditure is about even. During this period I wrote a series of bitcoin-related articles, and also started a column on Babbitt, which has circulated fairly well in the Chinese bitcoin community. At the same time, I also…
media Web3 Bitcoin internet
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2013年7月29日
Bitcoin: Common Sense and Dogma

Web3 & Bitcoin2013.06.20
Bitcoin: Common Sense and Dogma
Recently I’ve been following some Weibo accounts and websites related to Bitcoin, watching from the sidelines and even taking part in some of the related debates—for instance, the arguments surrounding this Weibo post were very lively: http://weibo.com/1646744100/zBFt7q7D1 I must admit that paying attention to Bitcoin while I’m anxiously preparing my doctoral dissertation does make me seem a bit off task, but I’d still like to offer myself a defense: after all, this is not completely beside the point. First of all, of course, one buys Bitcoin hoping to make money, or at least hoping to hedge risk. Right now the international and domestic financial and economic environment is facing a…
China media Web3 Bitcoin
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2013年6月20日
Bitcoin: The Disappearance of the State

Web3 & Bitcoin2013.05.09
Bitcoin: The Disappearance of the State
I’ve now written the third consecutive article about Bitcoin, and after this one I’ll more or less be wrapping things up for the time being. My spare cash has basically all been invested already, and I’ve now bid farewell to the infuriating Bitcoin China trading platform. I put one bitcoin into Mt.gox and started groping my way through the game of selling high and buying low; a few days later, one coin had become 0.98 coins… It’s a bit discouraging, really… Of course I’ll keep trying my hand at it, but I no longer dare to make any big moves. For now, the main thing is just to hold the…
media Web3 Bitcoin internet
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2013年5月9日
Bitcoin: The Nature of Money

Web3 & Bitcoin2013.04.19
Bitcoin: The Nature of Money
Recently Bitcoin has risen and fallen wildly, and a great deal of discussion has sprung up as well. Of course there are those who strongly support it and those who predict its doom; in any case, this peculiar electronic currency has officially entered public view. In fact, I heard about this thing a few years ago, and at the time I also thought about joining the ranks of the “miners.” Unfortunately I was still too wary of trouble to pursue it in depth. More crucially, my insights in media philosophy were not yet mature enough then, so I failed to seize the opportunity. And these past few days, gritting my…
media Web3 Bitcoin internet
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2013年4月19日