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Principles of Bitcoin

Korok Ray

Newsletter on Bitcoin Education

Platform
Substack
PricingFreemiumPublishesWeekly
Issues126Founded3 years agoLast Issue12 days ago
Active

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principlesofbtc.substack.com
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Latest Issues

The Economics of Self-Custody

In my Bitcoin protocol class at Texas A&M, we build a very simple Bitcoin library in Python from scratch, following the excellent book Programming Bitcoin by Jimmy Song. In fact, one of the high points of the class is that, within a month,...

12 days ago
2

Benefits of BitBank

Last time in Free Banking in Bitcoin, I introduced BitBank, a bank that only accepts deposits and makes loans in Bitcoin. I described how this bank would function, including a sliding scale of interest and a redemption schedule of 1% per ye...

a month ago
5

Testifying Before the Texas Senate

Last week, I testified before a Texas Senate Subcommittee about the progress of SB 21, the bill that established the Texas Strategic Bitcoin Reserve. Texas passed this bill in 2025 to launch a bitcoin reserve funded by the General Revenue F...

a month ago
2

Enter BitBank

Free Banking in Bitcoin Chapter 9, continued

Last week in Free Banking in Bitcoin, I presented the bitcoin lending bank, which takes deposits and lends out bitcoin. This week, I dive deeper into the concept of a bitcoin lending bank and de...

2 months ago
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Authors

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  • Korok Ray

    Free Market Economist, Professor @ TAMU, Writer, Bitcoiner

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