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bitcoin
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The largest gambling den in the world
Call it an "educated guess" or decorate it with probabilistic calculations backed by detailed analysis. The truth is in today's market, the movement of share prices are no longer driven simply by fundamentals. Buying a stock or crypto is effectively a speculative trade.
Apr 3, 2024


The great FTX blow up (part II)
Something about the digital twenty-something year-old generation wanting unlimited amounts of liquidity, unlimited size and unrestricted access to market data just sounds wrong.
Nov 18, 2022


The great FTX blow up
Fraud aside, a big part of what led to the downfall of FTX was attributed to a crisis of confidence, much like a bank run in the crypto-currency world.
Nov 13, 2022


Is the Bitcoin a good store of value?
To revamp today's highly complex financial system using bitcoin or any crypto-alternative would simply take too much work involving several iterations of monetary reforms, even an astronomical "reset" on the global system, sending us all back to the barter economy.
Jan 6, 2021
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