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by Ross Ulbricht

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Drawing by Ross Ulbricht (2020)

From the light of freedom to a concrete tomb,


By Ross Ulbricht

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I recently wrote this article about the Maker Protocol. The protocol is an Ethereum application that supports DAI, and DAI is a token that tracks the value of the US dollar. One of the hardships of prison is access to information. It can take weeks or months through the mail to research even a small topic or get a specific piece of data. Something that might take mere minutes with Internet access. So, I published that article without verifying some data, wanting to get it out while the mid-March crisis was still somewhat recent.


by Ross Ulbricht


by Ross Ulbricht


By Ross Ulbricht

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I was told there were some questions about my wave labels in BbR #9, notably the intermediate subwaves of waves Ⓑ and Ⓒ of II. If you aren’t an Elliott Wave geek, you can safely skip this. Or, if you want to become an Elliott Wave geek, jump right in!


by Ross Ulbricht


By Ross Ulbricht

“A drop below the beginning of wave 2 (around $4,200) would invalidate the impulsive count of wave (5) because wave 4 cannot overlap wave 2 ...This would indicate a much greater likelihood that our second scenario is playing out.”

Since then, the price of bitcoins has dropped down to ~$4,000, fulfilling the above requirement. With the bullish count invalidated, the picture is becoming clearer. The cycle-degree bull market — from Bitcoin’s beginning to the ~$20,000 peak of late 2017 — is over. We are now in the last wave (wave ⓒ) of Bitcoin’s first cycle-degree bear market (the largest yet). …


By Ross Ulbricht

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Every time a block is added to the Bitcoin blockchain, the miner who discovered it is rewarded with new bitcoins according to a schedule set up when Bitcoin was first launched. The reward started at 50 bitcoins per block and is cut in half every four years, eventually reaching zero. The next halving is set to occur in May 2020, reducing the reward to 6.25 bitcoins. This has led to speculation about how this event might affect the value of bitcoins.


by Ross Ulbricht

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Today is my birthday, my seventh in prison. More than any other day of the year, I feel the weight of the time I have lost, the years of my life I will never get back.


by Ross Ulbricht

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During my years in prison, I have had many hours to read, think and meditate. Many ideas have germinated and grown in my mind during this time. I’d like to share one with you here that builds on my background in physics. It is based on two ideas that sound far fetched but are in fact accepted by many of the leading physicists, neuroscientists and philosophers of our day, and are supported by a long record of observation. I will lay them out here up front and then explain what I mean below.

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