Author Archives: ctapang

About ctapang

I am a Software Design Engineer. I have just abandoned the huge army organized to make .Net programming the one dominant programming system. I now program in Typescript which (surprise) is also from Microsoft. Aside from my day job as a programmer, I am also involved in a movement (http://correctphilippines.org) to correct the Philippine constitution. It's an ambitious undertaking in itself, and there's no guarantee that improving our constitution will improve things. However, one thing is certain: if we don't establish a rational constitution, we will continue on our path of self-destruction. What kind of government is best? For me the best government is that which governs the least. We need the government not because it can provide for us but because it keeps us from running into each other. The proper function of government is that of a traffic light: it prevents us from bumping each other, but it does not tell us where to go.

Girl, You’re Special

(A rap song for my little girl, Kristin.) Hey, girl, you tell me you’re not special? I’ve got your number girl, and I’m talking to you right now. Imagine that, girl. I’ve got your number. Your number out of billions … Continue reading

Posted in Amateur Philosophy | Leave a comment

Incantation Programming

#incantationprogramming The magic of myth and legend has come true in our time. One types the correct incantation on a keyboard, and a display screen comes to life, showing things that never were nor could be…. The computer resembles the … Continue reading

Posted in Computers and Internet | 2 Comments

What is the 51% Problem?

With the sudden rise of GHash.io as the number one mining pool, the 51% “problem” has again come to the forefront of people’s attention. It’s about time we pay attention ourselves and think clearly about this issue. At the outset, … Continue reading

Posted in Computers and Internet, Money and Economics, News and politics | Tagged , , | Leave a comment

The Concept of “Pure Money”

Recently I read about Alan Greenspan’s comments about Bitcoin to the effect that it’s nothing but a bubble phenomenon. Crypto-currencies are a bubble because these things have no “backing”. What Alan fails to understand (and what I failed to understand … Continue reading

Posted in Uncategorized

Total Market Breakdown

It took a couple of days after typhoon Yolanda has left for people to realize how devastating she has been. The hardest hit was the island of Leyte in which more than a thousand dead have been recovered, and the … Continue reading

Posted in Money and Economics, News and politics | 2 Comments

The Future is Here, and It’s Wonderful

This is an illustration of what it’s going to be like when Bitcoin or something like it becomes more dominant than any fiat currency. At the end of every month, from work you get paid in Bitcoins, say 100 miniBits. … Continue reading

Posted in Uncategorized | 1 Comment

The Miners’ “Greed” will Save Bitcoin

It just occurred to me that the Bitcoin system of production does not need to be controlled at all, not pogrammatically, not even by any rule. What will limit production is the profitability of miners. At this stage of development, Bitcoin … Continue reading

Posted in Money and Economics | 2 Comments