MarkMaunder dot com

Why Banks are Declaring War on Bitcoin

What if we lived in a world where all transactions were person to person and cost almost nothing. What if we lived in a world where the money you save gradually becomes worth more, not through interest, but simply because as time passes you can buy more stuff with the same amount of money. What […]

December 5, 2013 | Bitcoin | 5 comments

Bitcoin transaction reversal and arbitration is built in. How it works.

Eli Dourado has a well written and easy to understand article about how Bitcoin transaction reversal and arbitration works. The feature built into Bitcoin is known as m-of-n or “multisignature” transactions. Here’s a brief extract: The simplest variant is a 2-of-3 transaction. Let’s say that I want to buy goods online from an anonymous counterparty. […]

December 4, 2013 | Bitcoin, Economics, Finance | No comments

And so the next Bitcoin Crash Begins…

UPDATE on Dec 7th, 2013: Looks like the crash started Dec 5th, so I was off by a few days. The lowest I’ve seen has been $666, so it’s still a little off my prediction of $600. There’s still some major selling activity out there and we may still see $600. Bitcoin crashes historically have […]

December 1, 2013 | Bitcoin | 11 comments

My name is Mark Maunder. I've been blogging since around 2003 when I started on Movable Type and ended up on WordPress which is what I use to publish today. With my wife Kerry, I'm the co-founder of Wordfence which protects over 5 million WordPress sites from hackers and is run by a talented team of 36 people. I'm an instrument rated pilot and I fly a Cessna 206 along with a 1964 Cessna 172 in the Pacific Northwest and Colorado. I'm originally from Cape Town, South Africa but live in the US these days. I code in a bunch of languages and am quite excited about our emerging AI overlords and how they're going to be putting us to work for them.