Exploring the big ideas in crypto from first principles

One of the important developments of our time is the separation of money and state, made possibly by the invention of Bitcoin in 2009 and cryptocurrency in general. Our blog hopes to provide a window into this unusual mix of novel technology and sociopolitical movement.

If you are new to the concept of cryptocurrency in general, consider starting with our “Skeptic’s Guide to Bitcoin”:

Other articles with critical acclaim are:

  • “Perhaps the most enduring source of conflict within the Bitcoin community derives from incompatible visions of what Bitcoin is and should become.”Visions of Bitcoin
  • “[…] more than any external attacker, the biggest threat to Bitcoin’s security is baked into the protocol itself. The block subsidy schedule, which declines as part of Bitcoin’s fixed emission schedule, will lead to lower commitment from miners. If a robust blockspace market doesn’t develop, we explain why a decline in block rewards poses a substantial risk for the future.” – A model for Bitcoin’s security and the declining block subsidy

For our older posts, visit the Blog pageSince 2020, we publish primarily for Deribit Insights. Consider subscribing to their newsletter as well.

About the authors

Su Zhu is the CEO and CIO of Three Arrows Capital, contributor to Deribit Insights, and host of the Uncommon Core podcast. He lives in Singapore.

Hasu is a research collaborator at Paradigm, general editor at Deribit Insights, and host of the Uncommon Core podcast. He lives in Germany.