Bitcoin “doesn’t trade on fundamentals, but supply and demand.” The previous point was made in a recent column meant to explain the surging value of the most prominent crypto concept. In the same column penned by Giedre Valaviciute, he cited a response from an investor who’s made millions on bitcoin. Asked why he put […]
Bitcoin’s Fixed Supply of Coins Remains Its Biggest Demerit Read More »
Bitcoin in its present, high-profile form cannot be money. About the previous assertion, it should in no way be taken as a knock on crypto, or private money more broadly. Evidence supporting the previous statement can be found in my 2022 book The Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage
So Long As Bitcoin Is Loud Price Story, It Won’t Ever Be Money Read More »
ber really started to become a thing in 2012. It was a spectacular revelation. Gone were the days of worrying about calling a cab or hailing one in order to get to the airport. Similarly gone were the days of worrying about being able to secure a ride in bad weather. Thanks to “surge
Book Review: Andrew Chow’s ‘Cryptomania’ Read More »
Do you the reader transact with cryptocurrencies? Do you store wealth in them? Particularly if the answer is no, it’s useful to think about such an answer in light of a recent national poll conducted by The Digital Chamber. It’s evident that change is afoot, and the latter is perhaps rooted in growing familiarity with, and
The Rising Political Power of the Crypto Voter Read More »
