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2026-05-07 · opinion — DHS is reportedly weighing whether to shut down the Florida Everglades immigration detention facility known informally as Alligator Alcatraz because it costs more than $1 million a day to run. The story will be filed as a fiscal squabble between agencies. The deeper story is what happens when a government can spend without natural constraint, and how a hard money standard would have killed the project before the first contract was signed. Fiat is not the neutral medium people imagine. It is the silent subsidy that funds the indefensible.
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2026-03-24 · bitcoin — The 20 millionth bitcoin was mined on March 10. 95.24% of all bitcoin now exists. The remaining 1 million will take 114 years - and much of what's mined is lost forever.
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2026-03-23 · opinion — Bitcoin and 'crypto' are not the same thing. The distinction isn't tribal - it's structural. Here's why this publication covers Bitcoin exclusively.