Stuff That Interests Me

Bitcoin was built in reaction to all the money printing that went on in the wake of the financial crisis. The Times’ headline “Chancellor on Brink of Second Bailout for Banks” was even embedded into the very first block in the blockchain – the genesis block. Here was a money system that nobody, whether government or hacker, could print or debase. The rules were set in code. The inflation rate was clearly laid out. And the system, rather than rely on trust – whether in banks, central banks, payment providers or governments – was based on mathematical proof and computer power.So here is an apolitical, censorship-resistant, trust-less, hard money.And we saw a very good use case for it this week.PayPal plays the cancel gameJournalist Toby Young, who is associate editor of The Spectator, has, for as long as I’ve known him, been setting up organisations to try and improve people’s lives. Disappointed with the lowering of standards in schools, he was one of the founders of the first Free School in West London. In 20