D.L. White

Most conversations about Bitcoin are identity fights—pro, anti, or exhausted. I’ve written a lot about Bitcoin in other venues. Here I’m mostly interested in a narrower use: Bitcoin as a stress test for monetary arguments that usually remain implicit. Bitcoin forces a few questions into the open: This is not a claim that Bitcoin “solves”… — read more

A recurring theme in my work—across financial compliance, bankruptcy, and criminal justice—is that governance depends on legibility: the ability to classify, measure, and act. Legibility sounds benign. It can be. But it isn’t neutral. To make something administrable, you first have to make it countable. You have to sort messy reality into categories that can… — read more

Most arguments about money start with definitions: medium of exchange, store of value, unit of account. Useful labels—but they often arrive after the interesting part. What I care about is monetary system formation: how a society moves from scattered practices of credit, dues, settlement, and accounting into something that becomes stable enough to feel like… — read more