31 01, 2018

Yes, Bitcoin should be considered a competitive zero-sum game

2018-02-01T12:42:01+00:00January 31st, 2018|Categories: Against the tide, Bitcoin|Tags: , , , |

What is the essence of a zero-sum game? Wikipedia: A zero-sum game is a mathematical representation of a situation in which each participant's gain or loss of utility is exactly [...]

26 06, 2015

Language as a “social technology”

2016-11-16T10:46:28+00:00June 26th, 2015|Categories: Collaborability, Collaboration Mechanisms, Language, Marketplaces, Trust|Tags: , , , , , , , , |

Via Flipboard I read an article “Why we speak” from Mark Pagel writing for the The Atlantic on the crucial role of language in our ability to trade. It offers [...]

5 03, 2015

Malignant Differential Pricing at POS for foreigners

2016-11-16T10:46:29+00:00March 5th, 2015|Categories: Against the tide, Mega Trends, Payments, Question of the day|Tags: , , , |

While traveling to Copenhagen yesterday I was presented by the POS-terminals the option to pay my taxis and restaurant bill at the airport in the locale Danish Krona or in [...]

16 04, 2014

My take on human mental (in)abilities

2016-11-16T10:46:36+00:00April 16th, 2014|Categories: Adaptability, Balance Group vs Individual, Collaborability, Decision Making, Human Abilities, Human Nature, Individuals, My take on humans, Psychology, Sociology, Trust|Tags: , , , , , , , |

Human nature and our abilities are intertwined with collaborability. My statements about them are scattered all over Red Planet Dust. I wondered if a consistent image would arise when I would collect my statements.

7 04, 2014

The “aggressive cancer” of high-frequency trading

2016-11-16T10:46:36+00:00April 7th, 2014|Categories: Decision Making, Updated posts|Tags: , , , , |

High-frequency trading makes it apparent that in stock and other financial trading computer decision making is out pacing humans in speed and quality. Three issues spring to mind: (1) The impact of efficiency of markets on collaborability, (2) Our societal relationship with technology and (3) Decision making is shifting from humans to computers.

31 03, 2014

Why to worry even more about service throttling by Google then Facebook

2016-11-16T10:46:37+00:00March 31st, 2014|Categories: Balance Group vs Individual, Collaborability, Companies, Externalities, Human Nature, Opinion, Society, Updated posts|Tags: , , , , , , , , , , , , |

Search is basic to the Internet and to be considered a utility function. Without „search” no find. "Degraded links" are hurting society as a whole and should be banned.

17 03, 2014

Evolution of currency predicts path (r)evolution of digital money

2016-11-16T10:46:37+00:00March 17th, 2014|Categories: Bitcoin, Evolution, Government, Human Abilities, Next Payments, Payments, Society, Trust, Updated posts|Tags: , , , , , , , , , , , , , , , , , , , |

Walking to the office this morning it struck me that the evolution of (physical) currency in relation to payments could show us the long term development of digital money as well: step by step the currency has been developing until at a certain moment in time the transaction will be done directly between the payer and the payee.

11 03, 2014

„Is technology governing us or are we governing technology?”

2016-11-16T10:46:38+00:00March 11th, 2014|Categories: Adaptability, Balance Group vs Individual, Circumstances, Collaborability, Decision Making, Evolution, Homo Collaborans, Human Abilities, Mega Trends, Question of the day|Tags: , , , , , , , , , , , , , , , , , |

„Is our political system capable of managing rapid technological change?” When pressed I would be tempted to answer the question with a resounding YES! for I see abundant evidence around me we have done so very successfully. Actually it is one of the core abilities we humans have to adapt to changing conditions.

6 03, 2014

Bitcoin futurology: incongruous prophesies

2016-11-16T10:46:38+00:00March 6th, 2014|Categories: Balance Group vs Individual, Mega Trends, Sociology|Tags: , , , , , , , , , |

Whether you think in terms of “ the creation of a world of plenty” or “the disappearance of the middle class” in both scenarios the distribution of the wealth available will have to be dealt with politically.

5 03, 2014

Will the „middle man” disappear?

2016-11-16T10:46:38+00:00March 5th, 2014|Categories: Bitcoin, Electronic Wallet, Interdependency, Marketplaces, Payments|Tags: , , , , , , , , , , , , , , , |

The removal of the middle man function in an exchange based on the bitcoin protocol does not automatically lead to the disappearance of the companies (and their interests) performing these today. The middle man function will slowly but surely erode with the advent of the bitcoin protocol, the middle man of today (parties) will be the gate(way)keepers of tomorrow.

17 02, 2014

Trust is key for cryptocurrencies

2016-11-16T10:46:39+00:00February 17th, 2014|Categories: Bitcoin, Collaborability, Human Abilities, Next Payments, Trust, Updated posts|Tags: , , , , , , , , |

The acceptance of Bitcoin protocol currencies and Ripple like networks is dependent on trust even if trust is said not to be necessary for the value to be transferred between two actors. Neglecting this will hamper adoption of the Bitcoin protocol by the masses.

16 02, 2014

Bitcoin: It’s the platform, not the currency, stupid! – The Next Web

2016-11-16T10:46:39+00:00February 16th, 2014|Categories: Bitcoin, Collaborability, Competition, Decision Making, Marketplaces, Mega Trends, Next Payments, Payments, Trust|Tags: , , , , , , , , , |

(1 minute reading time + 15+ minutes external article) As with Marc Andreessen's article "Why bitcoin matters" from three weeks ago I can recommend an other landmark article on crypto [...]

10 02, 2014

Apple bigger threat to Bitcoin then Russia, China and India?

2016-11-16T10:46:39+00:00February 10th, 2014|Categories: Balance Group vs Individual, Bitcoin, Collaborability, Collaboration Mechanisms, Electronic Wallet, Externalities, Next Payments|Tags: , , , , , , , , , , , |

Often antitrust is connected to behaviour in the disadvantage of competitors – and hence the dis-economies this brings for consumers – we should have a wider perspective at the (potential) negative impact companies have on society. Slowly but surely we should start looking at the disadvantages to society’s ability to collaborate as well.

3 06, 2013

Bitcoins’ anarchistic character will be pounded into line by real world regulations

2016-11-16T10:46:44+00:00June 3rd, 2013|Categories: Against the tide, Below the surface, Bitcoin, Collaborability, Next Payments, Opinion, Payments, Popular, Trends, Updated posts|Tags: , , , , , , , , |

Finextra: Bitcoin exchange MT. Gox introduces account verification: In a statement on its Web site about the new verification system, MT. Gox says: "The Bitcoin market continues to evolve, as [...]

26 04, 2013

Download Paper “Bitcoin’s legacy and the crypto-currency promise”

2016-11-16T10:46:48+00:00April 26th, 2013|Categories: Below the surface, Bitcoin, Collaboration Mechanisms, Next Payments, Opinion, Payments|Tags: , , , , , |

Now, with the media hype about bitcoin residing a little over the last two weeks it is time to get into the reflective mode. Today Leika Consult releases the first [...]

25 04, 2013

Money as Mechanism for Implicit Collaborability

2016-11-16T10:46:48+00:00April 25th, 2013|Categories: Below the surface, Bitcoin, Collaborability, Opinion, Payments, Standardisation|Tags: , , , , , , , , , |

(This is part 6 of a series of posts that will be bundled in apaper on crypto-currencies at Red Planet Dust. See for Part 1) We need to understand our [...]

14 04, 2013

From Barter Trade to Bitcoin in 5 Logical Steps

2016-11-16T10:46:49+00:00April 14th, 2013|Categories: Below the surface, Bitcoin, Collaboration Mechanisms, Marketplaces, Next Payments, Opinion, Payments, Popular, Trends|Tags: , , , , , , , , |

What we today perceive as money is the result of thousands of years of evolution. And looking at history, why we would be the “lucky guys” to live in the [...]

14 04, 2013

Regarding The Use of Trust in “The Bitcoin Bubble and the Future of Currency”

2016-11-16T10:46:49+00:00April 14th, 2013|Categories: Below the surface, Bitcoin, Collaboration Mechanisms, Next Payments, Opinion, Payments|Tags: , , , , , , , |

The article of Felix Salmon ”The Bitcoin Bubble and the Future of Currency” triggered me to write a series of posts on Crypto-currency at Red Planet Dust (see part 1). [...]

12 04, 2013

Trust in an Inter-connected World

2016-11-16T10:46:50+00:00April 12th, 2013|Categories: Below the surface, Bitcoin, Collaboration Mechanisms, Decision Making, Marketplaces, Micro Collaboration, My take on humans, Next Payments, Opinion, Payments, Popular, Standardisation, Trends|Tags: , , , , , , , , , , |

(This is part 3 of an article on crypto-currencies at Red Planet Dust. See for Part 1, Part 2) Human collaboration is based on trust. We do not have a [...]

10 04, 2013

What is Digital Currency?

2016-11-16T10:46:50+00:00April 10th, 2013|Categories: Below the surface, Bitcoin, Collaboration Mechanisms, Electronic Wallet, Micro Collaboration, Next Payments, Opinion, Payments|Tags: , , , , , , , , , , , , |

(This is part 2 of an article on crypto-currencies at Red Planet Dust. See for Part 1) Many call Bitcoin “digital money” but not all types of digital money are [...]