Bitcoin · Austrian Economics · Sovereignty
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Where the rule that attaches names to virtual asset transfers came from, and what the enforcement decree approved in August 2026 changes: the threshold is gone, receiving exchanges take on duties, and personal wallets enter the rule's scope.
Why Korean bitcoin prices drift from global ones, read at the three points where arbitrage gets blocked: the won does not cross borders, remittances carry documentation, and the travel rule slows transfers. Plus the 2026 context, in which the sign flipped and the reverse premium set a record.
What a coin pegged to one won actually is, why full reserves are not the same thing as deposit insurance, why the Bank of Korea and the Financial Services Commission split over who may issue it, and where the legislation stands in September 2026.
Chaum's ecash reborn on Lightning. How blind signatures create a custodian that cannot keep a ledger, how Cashu and Fedimint divide up the trust, and where this echoes gold-backed banknotes and where it decisively breaks from them.
From the nLockTime already sitting in your ordinary payments, to the two-layer design of CLTV and CSV that never reads a clock, to the median time that blocks miner timestamp games. The Lightning Network and inheritance planning all stand on top of this.
Bitcoin has no update button. How narrowing the rules differs from widening them, and why Bitcoin insists on soft forks.