Coinbase has long been the only way to most convenient way to buy crypto currencies in the US, making over $1 bn last year in fees and revenue from people buying and selling Bitcoin, Ethereum and Litecoin. Now, that comfortable dominance is being challenged by none other than Robinhood and Square Cash. I opened my […]
Tag: ethereum
CME Just Launched Bitcoin Futures: What Does This Mean?
If there’s one fall out of Bitcoin mania, it’s in how it has made previously arcane finance stuff become part of daily conversation. It’s made finance relatable and interesting to most people. I can’t tell you how many of my followers and even regular folks on the street who have held long, very nuanced conversations […]
How Bitcoin Illustrates the Limitations of Intrinsic Value
What is the intrinsic value of gold? Or copper, lead, zinc, even diamond? I’ll save you time. It’s zero. Businesses, bonds, real estate even people have intrinsic value in as much as they are or possess assets that will always command a use or will always be in need. Objects don’t have any intrinsic value. […]
Buy Bitcoin 2017
A number of people have hit me up to ask about Bitcoin so instead of repeating myself to multiple people, I’ve decided to make a post. You’re all welcome. Now, I’m not an expert in cryptocurrency so don’t say that I gave you that impression. This is a personal blog. These are just my opinions. […]
