It is hard to think of another term that is as hyped right now as “blockchain”. It is a new fad that has taken the financial world by storm. Everyone is talking about blockchain, firms are rushing out press releases announcing their interest and countless new proposals appear every day claiming they will revolutionise pretty much every industry. Even people uninterested in Bitcoin are taking a look at blockchain, in fact because so few people actually use the cryptocurrency to buy anything, the shift has focused instead to the technology aspect of Bitcoin. The situation resembles the Emperor’s New Clothes, with no one wishing to admit they don’t see any use to blockchain for fear of seeming behind with the times or not tech savy. Continue reading “The Blockchain Is A Solution In Search Of A Problem”
Why do we teach foreign languages in school? Is it because foreign languages are essential job skills students will need when they join the workforce? Is it a crucial life skill we need in society? Most of my former classmates never used the language after they graduated and soon forget most of what they learned. Few visit a country where the language is spoken and even then, they mainly use English. Students rarely read books in a foreign language or watch foreign language films without English subtitles, during or after school. Even after years of study, few can speak the language with much skill or talent.
So, is teaching foreign languages a waste of time? If most students don’t reach a comfortable level and rarely use it, what’s the point? I believe that even if students never use the language, it still is useful. Continue reading “Why We Should Teach Esperanto In School”
In economics textbooks there is a simple story told about racism. It explains how the free market punishes prejudice of any kind and instead builds an environment where all people compete equally regardless of their background. The explanation is simple – any business that refused to serve certain customers would earn less profit than a more tolerant rival. If you refuse to hire the most competent job applicant due to their race, gender, sexuality etc then they will work for your competitors or set up their own business and undercut you. Continue reading “Why The Free Market Doesn’t Prevent Racism”
In online language learning communities, if you decide to learn a new language, you’re bound to get support and praise. However, there is one exception to this. If you declare you want to learn German, Russian or Uzbek etc you will receive encouragement and if someone doesn’t like those languages, they’ll keep their opinion to themselves. However, this rule doesn’t apply to Esperanto. If someone doesn’t like Esperanto, they’ll definitely let you know, in fact they’ll even tell you that Esperantists are such rude people that they brought the hostility on themselves.
I’ve never seen a Reddit comment section about Esperanto that didn’t involve Esperantists having to defend themselves and justify their actions. Continue reading “Myths About Esperanto And Esperantists”
Esperanto is an international language, but do we need an international currency? At every congress, people come from many different countries to use a common language, but could they also use a common currency? Nowadays there is a massive growth in crypto-currencies like Bitcoin and that has me thinking. What if the Esperanto community had a currency? Continue reading “Imagine if Esperantists had our own currency”
I’ve noticed that some of my old articles about Bitcoin have been getting a lot of attention lately. I first started writing about Bitcoin back in 2013, when I considered it to be a bubble that would soon burst. When it did burst, I wrote about its flaws and figured that would be the end of the story. I mean after seeing people dramatically lose a lot of money extremely quickly, who else would want to jump in? After seeing a bubble collapse why would anyone want to repeat the process?
Yet as the price of Bitcoin soared to almost $20,000, I got an increasing number of “I told you so” and “Look who’s laughing now” comments. I was just a dumb statist shill who failed to recognise the glory of Bitcoin and missed my chance to get rich as a result of it. In fairness, I was wrong to predict that Bitcoin would fade away, I made the mistake of presuming people would learn from their mistakes and not be swindled by another bubble. As you can imagine, these comments quickly disappeared after the price crashed by three-quarters to $6,000. Funnily enough, my blog still gets shared on Bitcoin forums, however this time it is used to show that dramatic crashes are normal events, if Bitcoin can survive 2013 & 2014, it can survive 2018. There seems to be little consideration of the idea that massive price crashes shouldn’t be a normal feature of a currency or asset and wild volatility should be treated as a bug not a feature.
Since the collapse, the price has risen considerably and currently sits at around $10,000. Most of the discussion now focuses on which direction the price will go, will it rise again or face another crash? Did we just experience a market correction or the beginning of the end? Continue reading “Regardless Of Its Price, Bitcoin Is A Flawed Currency”
Now and again you see complaints about multiculturalism and articles that claim: “Multiculturalism has failed”. But this doesn’t really make sense because multiculturalism can’t fail, it’s unavoidable. Every country in the world is (and almost always was) multicultural and a monocultural society is practically impossible. Every part of our society contains influences from other cultures. Continue reading “Multiculturalism Is Unavoidable”