Tag Archives: Jeffrey Tucker

Is Bitcoin Dead?

A man who was once one of its strongest champions now says yes.

Jeffrey Tucker recently published “The Rise and Fall of Bitcoin” in The Epoch Times. After sixteen years following the space, he argues Bitcoin is down by half over the last year, lower than five years ago, and that the dream is finished. He claims HODL was terrible advice and, most of all, that Bitcoin has become one of the most powerful tools for government surveillance ever created, delivering the abolition of financial privacy instead of freedom.

Coming from someone who once believed as strongly as I do, those are heavy words. Tucker raises legitimate concerns. But I believe he is jumping to the wrong conclusion.

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The Bullet Train That Isn’t

Commentary: I’m reading a history of the interstate highway system, partially because I sense that the whole thing is widely overrated. Its construction massively disrupted the economics of small towns. It ruined the look and feel of large cities. The cost overruns were enormous and it took far longer to complete than anyone estimated.

One has to wonder what inspired this thing to which hardly anyone objected at the time. The United States had the world’s most marvelous system for passenger travel. It was built with treasure, blood, sweat, and tears. It was the achievement of the ages. After the Second World War, it could have been expanded. Instead it was abandoned for the car.

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