Author Archives: Carlos C. Tapang

About Carlos C. Tapang

I run a company called Rock Stable Token Inc. I am the leader of the team behind the stabletoken called ROKS. ROKS is a cryptocurrency (digital money) and its value is tied to the U.S. dollar (USD). We are initially targeting it to overseas Filipino workers (OFWs) with two great benefits: it costs almost nothing to send it, and it is fast. I am also involved in a movement ( 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.

Negative Effects of Weakened Property Rights: IPRA Law as a Prime Instance

(Important note: although in this article I advocate dismantling the IPRA law, I do not advocate disobeying the law as it currently exists. As a citizen and resident of the Philippines, I abide by all Philippine laws.) Our 1987 Philippine … Continue reading

Posted in News and politics | 2 Comments

In Response to “6 Things Rich People Need to Stop Saying”

A Response to Liberalism is in retreat, and nowhere is this more evident than in the contrast between the Occupiers and the Tea Party. The truth is that the 99 percenters identify themselves more with Tea Partiers than with … Continue reading

Posted in News and politics | 15 Comments

The Mighty Dollar May Still Hold Its Value

If we empty millions of cubic meters of water into a small lake, that lake would overflow. However, the same amount of water would not even raise the level of an ocean. That, in essence, is the reason why in … Continue reading

Posted in Money and Economics | Leave a comment

The Government Cannot Be Benevolent, and Shouldn’t Even Try To Be

I do not mean to say that we should not help the poor. Far from it. All I am saying is to keep the government out of our charitable giving. Why? Because whenever and wherever the government is involved, there … Continue reading

Posted in News and politics | 1 Comment

Prices to Increase by as much as 100% (double)

Even though it appears that the U.S. Congress and President Obama are about to make a deal to avert a financial collapse on August 2nd (this Tuesday), it does not mean that the world’s financial troubles are over. The bottom … Continue reading

Posted in Money and Economics | Tagged | 2 Comments

We Have Just Come Down from the Trees II

One of my favorite movies is now a classic “2001: A Space Odyssey” directed by the great Stanley Kubrick. Aside from a truly visual feast that it is, the movie treats the audience to a most fascinating examination of the ephemeral nature of life. Considering … Continue reading

Posted in Amateur Philosophy | Leave a comment

The Sweet Spot for Taxes

A blogger called evilgenius has this graph of prices versus revenues for ebooks: Price versus Revenue Showing Sweet Spot In this graph, the sweet spot price point is between $3 and $4. Graphs like this are commonly shown to marketing … Continue reading

Posted in News and politics | Leave a comment

The Parable of the Good Father and National Five-Year Plans

A good father went against his instinct and let his second son go out on his own, out of the protective confines of his (the father’s) world, into the world outside. He would not have done so, knowing how cruel … Continue reading

Posted in News and politics | Tagged | Leave a comment

What is Freedom?

I challenged a discussion group, whose members are graduates of my alma mater, to think about why our motherland Pinas is behind in a lot of areas. Somebody responded that may be we need to be more generous, and really care … Continue reading

Posted in News and politics | 2 Comments

What is Money?

The love of money is the root of all evil.  1 Timothy 6:10 (King James Version) He had heard people speak contemptuously of money: he wondered if they had ever tried to do without it. W. Somerset Maugham Of Human Bondage. … Continue reading

Posted in News and politics | 4 Comments