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Books

My Analyses:
Critiques from the technology, economics, and sustainability perspectives.
Note: The Bitcoin Pyramid and The Bucket-Water Analogy were written before November 2025. They need to be updated according to the subsequent Bitcoin crash and US-Iran war. 
Cover image of the book Confessions of Bitcoin's AI. Gumroad
Confessions of Bitcoin's AI
On Energy, the Grid, & the Human Cost

In April 2026, the Bitcoin industry built an AI agent to answer its critics. Trained on industry data, optimized for persuasion, and deployed at facts.bitcoinbeyond66.com, it was designed to defend proof-of-work mining against every serious objection — environmental, economic, and social.

I decided to take it at its word.

What followed was seven rounds of questions that the industry has spent years avoiding. Not gotcha questions — genuine ones, built on publicly available data from SEC filings, ERCOT records, and corporate disclosures. The agent answered as it was designed to. And in doing so, it confirmed nearly everything its creators hoped it would deny.

This book is a record of that conversation. The agent's responses are paraphrased; its most revealing admissions are quoted exactly as given. 

The analysis is mine. The verdict belongs to you.

Key Analysis Points
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The AI agent built to defend Bitcoin confirmed, under structured questioning, that curtailment is profit-driven — not a civic service to Texas's grid.
➤
In August 2023, the profitability of Bitcoin mining was high, and simultaneously, Texas was facing a deadly heatwave. That month, Riot Platforms sold its electricity back to ERCOT at over 14 times their purchase price. This is more of an arbitrage and less of a partnership or civic duty.
➤
Has Bitcoin mining really brought down electricity prices wherever in the world it was adopted?
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How low Bitcoin prices can force the miners to sell their Bitcoin and adopt other alternatives like AI and data centers.
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In Round 7, the agent ran out of answers. That's the most important finding of this book.
Buy on Gumroad
The Bitcoin Pyramid Cover Kindle
The Bitcoin Pyramid (Being Updated)
A Story of Failed Promises, Successful Ponzi Schemes, and a Suffering World

Efficiency is the only metric that matters in engineering. If a system consumes exponential resources to provide constant or linear utility, it is a design failure. This book traces the timeline from the 2008 Financial Crisis to the present day, auditing the "machinery" of cryptocurrency to reveal why it failed to replace the banking system.

Key Analysis Points
➤
Part I: The Promise. Context matters. I trace the origins from the Lehman Brothers collapse to the contagion of FTX, explaining why society was primed to trust a decentralized alternative.
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Part II: The Reality. A technical dismantling. Why Smart Contracts are code that can't be fixed, and why the "Speculation Machine" is a mathematical inevitability, not a bug.
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Parts III & IV: The Alternatives & Path Forward. If not Bitcoin, then what? I analyze systems that actually work (like Singapore and Kenya) and detail real technological solutions—like Digital Identity and Open Banking—that solve financial exclusion without the waste.
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Part V: The Capture. The new crisis. How the industry is surviving through "Political Capture" and why ETFs act as an extraction mechanism for Wall Street.
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The Bucket-Water Analogy Cover Kindle
The Bucket-Water Analogy (Being Updated)
Exposing The Absurd Economics of Bitcoin's Proof-of-Work

Advocates claim mining "secures" Bitcoin. Physics says it is nothing but waste. While the first book covers the macroeconomics, this book focuses on the specific mechanism of Proof-of-Work. Using a straightforward "Island Economy" analogy, it demonstrates why competitive energy waste cannot serve as a valid basis for a global currency.

Key Analysis Points
➤
Part I: Understanding Extraction. An analysis of the "Six Essential Jobs" money must perform, and how the shocking concentration of Bitcoin ownership undermines its democratic claims.
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Part III: Proof of Pointlessness. The core analogy. How creating artificial scarcity leads to a mining arms race that prioritizes energy waste over transaction utility.
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Part IV: The Global Catastrophe. Moving beyond carbon emissions, I examine the hidden water crisis, grid destruction, and the "Renewable Energy Lie".
View on Amazon Free for Kindle Unlimited Subscribers

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