For this article, I’m going to depart from my usual writing style. Part of what I have to say are personal reflections; another part is a plain old advertisement. Though I don’t often use online articles as an outlet for journaling, I feel that this particular article has some value as a commentary in how times are changing, paradigms are shifting, while the old order is crumbling away.

I began Trabex Books in 2012. This was after my first publication of a book called Nightfall. The book itself is best left forgotten- it’s a poorly-written, badly managed tale of a vampire girl and her thirteen companions. The important point to note here is that completing my first book, via a publishing house called Limerence, inspired me towards entrepreneurship.

I found that I could write, so I wanted to have control of what I wrote, order my own cover art, have control over what profits I made or didn’t make, have control over where I sold my books, and under what terms. An author who submits a book to a publishing house only has control over the writing itself- and that’s little enough depending on the editor assigned to the novel.

Simply put, there is no autonomy working for someone else. Self-ownership is very difficult when you don’t get to determine how much you get paid, or what work you get to do, what hours you come in to work. Self-publication solves all these problems. Owning my own publishing company in which I can allow authors greater freedom of expression also helps other people make money even while providing them a freer place to work than the traditional workplace.

My company is called Trabex Books. Trabex Books has thus far published four books- one of my own- with three more on the way.

But if I am going to allow authors freedom to choose how they get paid, then that means I should not lock them into getting paid with dollars. They could get paid with bitcoin, darkcoin, litecoin, dogecoin, or anything else.

Having a non-inflationary, valuable currency for use in everyday life is critical part in personal independence. Authors, just as much as anyone else, deserve to get paid in real money (as opposed to fiat money). Their work provides value in the form of entertainment and/or education for readers who choose to buy their books.

To put it another way: writing is not a fictional job (even though fiction is produced). Writers are real people who get hungry, and have to pay rent, and want to buy new cars. They should be able to have money that won’t go bad on them because a government wrecks its own economy through a combination of hubris and mismanagement.

As a result, I decided today to pay royalties for writers in bitcoin, if they choose to receive their money this way. The page explaining all of this can be found here.

While I was doing that, it also occurred to me that my company can accept bitcoin in payment for a book. Because the internet is a very insecure place full of hackers, fraudsters, and scammers, I decided to use email as a means of transacting business. Through email, customers can choose the service they like best in order to secure their transaction information. They can encrypt their messages, if they so choose. The customer, not the company, can take responsibility for how safe and secure their transaction data is.

Putting security in the hands of the customer allows for greater autonomy. It’s not as simple as click a button, press okay to read the security notice, then hope you haven’t experienced a data breach through malware or hacking. Most online stores operate on faith that nothing will ever go wrong. Experience demonstrates that online stores can and will be breached, primarily because they provide lucrative opportunities for identity theft.

What does this say about the online store I have on the company webpage? More or less that it’s the same as every other webstore. It operates on trust. Even if security protocols are in place, the customer must trust that such security will not be compromised. With bitcoin, no such concern need exist.

As an aside, it is also against the nature of cryptocurrency to store transaction data involving bitcoin based on who bought which product and for what price. The bitcoin account address does not remain anonymous when it is linked to an IP address through a server’s stored data. Every aspect of the market that I’ve examined up to this point tells me that email is the way to go (barring a breakthrough in programming where it’s possible to scan a QR code to have a file delivered from a server to an email address).

All of this factored in my decision to “go bitcoin.” It is my hope that one day, we will no longer need dollars. It is my hope that people can conduct business on their cellphones instantly, or on computers with alphanumeric addresses. This means that people should be able to buy textbooks, or instructional books, or fiction books, or comic books, or any other kind of book with bitcoin. The process- begun with allowing people to buy items from amazon with bitcoin- already appears well underway.

Publishers and independent authors accepting bitcoin for their books is the next logical step.