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The Progressive Left’s Repressed Colonial Attitudes

Over drinks with a progressive colleague, I disagreed with his opinion that white people, Westerners, have a “moral obligation” to help the rest of the world, as if to make up for past wrongs (e.g. slavery, colonialism, nazism). Although I support tearing down international trade barriers and even dropping Third World debt to the West, and while I wish for Third World nations to achieve equal or exceeding levels of wealth, I reject the Western guilt complex that shames us into submission to the Faith of...

The End of US Dollar Hegemony

Towards a World Reserve Crypto Currency?

Source: Thoughtful Cynic

Statements that the Western world unjustly controls or consumes the majority of the world’s wealth overlook the production side of the argument. For example, with a population of 317 million -or about 4.5% of the total world population of 7 billion- the United States produce 22% of all world output, the world’s largest market share. It is not entirely unfair to own a large share of wealth if you produce it yourself.

But production requires access to or...

The Bubble Index

Where Bitcoin Will Go Next

According to the latest financial research stock bubbles are the result of endogenous factors, such as positive feedback loops or simply monkey see monkey do. We can apply this research to Bitcoin and other cryptocurrency prices.

Mid November 2013 I was able to correctly predict Bitcoin’s imminent December crash using a Log-Periodic Power Law (LPPL) oscillations tool. I had asked T. Taylor of The Bubble Index ...

Lessons Learned from a Botched Bitcoin Startup

How eCash became eCrash

Late 2013 I founded a Bitcoin payments company, eCash BV, based in Amsterdam, The Netherlands. Admitting defeat, we dissolved the company early 2015. What went wrong, why and what did we learn? To counter survivorship bias, I wish to share and document lessons learned.

Bitcoin as a Payment ...

Bitcoin, the Future Gold Standard?

If there really existed a ‘lost city of gold’ then the abundance of gold would have no more value than mere concrete or red bricks. What makes gold valuable? Gold’s inherent value is based on three characteristics: scarcity, the difficulty to obtain new gold through increasingly expensive mining operations, and the high cost to forge gold in meaningful quantities. Just like Bitcoin.

However, successful ...

A Rehabilitation of Alice Miller

Alice Miller, the radical Polish-Swiss psychoanalyst who broke with the Freudian drive theory that blames the child, is often herself accused of blaming the parents instead. Miller is further accused of preaching the truth, of Deutungsmonismus—finding evidence for your beliefs everywhere you look—and of not living up to her own ideals, noting that her own son was beaten by his father under her own watchful eye. ...

In Defense of Black Pete

Is Black Pete a Symbol of “Racist Afrophobia”?

Princess Marianne of Orange-Nassau by Johan Philip Koelman (1846)

At first glance, the Black Pete tradition appears to be rooted in colonial slavery. Princess Marianne of Orange-Nassau (1810–1883), Princess of The Netherlands, was the daughter of King Willem I and aunt of King Willem III, nicknamed King Gorilla for his less civilized behavior. In August 1850 she traveled to Egypt for holidays and brought home with her a fifteen year old boy whom she had purchased from Arab merchants at the Cairo slave market. His arrival made the...

On the Meaning of the Chauvet Cave

The image atop my blog is taken from the Chauvet cave, France. The entrance to this remarkable cave collapsed over 20,000 years ago, preserving the very oldest paleolithic paintings made 32,000 years ago by Cro Magnon man, the early European Homo Sapiens.

In our time, the philosophy of man has diverged between East and West. East being concerned with life, here and now, and the meaning of life. Confucius famously said to one of his...

What I Learned From Dealing with Clients

Here you’ll find five situations I learned to solve when dealing with clients.

1. The Promise of ‘More Work’

Morningtime has been developing websites for clients almost 2 years now. The most common trap I learned to avoid is the promise of more work. Clients approach me with a web project asking for a quote, but they are quick to remind me, if things go well, there will be a long term