Skip to main content

About me

I apply engineering rigor to financial hype.

"If a machine burned a city's worth of electricity to balance a checkbook, an engineer wouldn't call it 'the future.' They would call it broken. I treat Bitcoin like a machine, and my analysis proves that its engine is fundamentally flawed."

Hello. I’m Pratik V. Padghane.

I am not a financial "guru." I am not a crypto trader. I am an Electrical Engineer (B.E.) and a Scientific Copy Editor with six years of experience dissecting complex systems.

My journey into this space began with a simple question: "Where does the value come from?"

When I looked at the Bitcoin ecosystem through the lens of an engineer, I didn't see a revolution. I saw a thermodynamic failure. I saw a closed-loop system that consumes massive amounts of energy to produce random numbers, while relying on new investors to pay off the old ones.

Why I Write

The financial world, especially the crypto space, is noisy. It is filled with speculation, "number go up" charts, and complex jargon designed to confuse rational investors. My goal is to cut through that noise using First-Principles Thinking.

My Methodology

Every article and book I write adheres to three rules:

  • No Hype: I don't care about the price. I care about the utility.
  • No Jargon: If a concept cannot be explained with a simple analogy (like water buckets or pyramid structures), it is likely nonsense.
  • Data Over Narrative: My conclusions are backed by hashrate data, energy consumption metrics, and economic realities.

The "Engineering Perspective" Series

This research culminated in my two non-fiction books. They are not investment guides; they are technical reality checks.

1. The Bitcoin Pyramid: A mathematical breakdown of why crypto is a negative-sum game.

2. The Bucket-Water Analogy: A dismantling of the "Proof-of-Work" mechanism.

If you are looking for someone to tell you which coin to buy, you are in the wrong place. But if you are looking for the sober, mathematical truth about the crypto ecosystem, welcome.

Read my findings on Kindle. Both books, The Bitcoin Pyramid and The Bucket-Water Analogy, are free fro Kindle Unlimited subscribers. For others, they cost just as much as a few cups of coffee (US) or a few meals (IN), and can save a lot more in value. Do read them. 

Can't wait to hear from you.

Comments

Post a Comment

Recent Popular Posts

Is Bitcoin's "Proof-of-Work" Really Useful? Explained Using A Simple Analogy

Y ou’ve probably heard this statistic: The Bitcoin network consumes more electricity than entire countries . And I bet, just like me, you were shocked too. Annual consumption of over 200 TWh is a number so large that it's simply hard to grasp. It's an amount of energy that could power all of Africa or the country of India for over a month, or run more than 15 million electric vehicles for over a year. This colossal energy consumption leads to a single, frustrating, and unavoidable question: What are the computers doing? What is this "work"? Why is it so valuable that it justifies burning more power than entire countries, like Poland, UAE, and Argentina ? Is it performing complex calculations for humanity, like finding new medicine to cure diseases, or modelling climate change? The answer, tragically, is NO. The "work" in Bitcoin's "Proof-of-Work" is a race to find a random number . There’s nothing more to its meaning. Put simply, it’s like ...
Post a Comment
Read more

Can Crypto Really 'Bank the Unbanked'? (Spoiler: Not Really.)

I t was one of cryptocurrency's most powerful, emotional promises: "banking the unbanked" . No having a bank account limits financial opportunities, increases dependence on cash, and excludes people from global economic systems. The vision was simple.  The 1.7 billion people worldwide without bank accounts would use their mobile phones to leapfrog traditional finance, finally entering the global economy . It was a noble goal. Also,  promise to achieve it  was a complete failure .
Post a Comment
Read more

The 7 Truths of Cryptocurrency: Looking Beyond The Hype of Bitcoin

A s of late 2025, Bitcoin is around $100,000. Political figures are openly promoting bitcoin mining. Their family members are openly boasting about their mining companies from public stages. This got me wondering: Is this, really, the future of finance? This question isn't just for investors. It's for every citizen of every country that will be affected by this "future ." As an engineer, I can tell you the answer isn't a simple "yes" or "no ." It's a complex, 15-year story that has transformed from a small techno-revolution into a powerful global-wealth-extraction machine. This post will not give you investment advice. It will give you something more valuable: Clarity. Here are the seven essential truths you need to understand about cryptocurrency, and in particular, about Bitcoin. Truth 1: The Ponzi Structure is a Mathematical Reality This is the harshest and the most important truth. When you buy $100,000 of Bitcoin, where does that mone...
Post a Comment
Read more