A Fundamental Case For 17k Bitcoin and 18k Gold
Why is it that so many avant-garde Bitcoin Techies are so opposed to gold and Old School Gold Bugs so opposed to bitcoin?
My view is that such judgments are usually tainted by self-interest leading to political implications and consequences. …
I wanted to enter this brief article as an entry for the panel of the same name 2021 Bitcoin Standard Conference.
My journey in Bitcoin began in August 2013 when I finally did a deep dive into this bitcoin thing to find out what it was all about.
After about…
F. A. Hayek recognized that Denationalisation of Money goes hand in hand with free-market banking. So what the future of Bitcoin Banking should look like cannot be ignored.
Resolves The Peer-To-Peer Cash Dilemma
Since I am on the panel discussing What Is Competition of Currencies? at the 2021 Bitcoin Standard Conference, it is appropriate that I outline and clarify my thoughts so that both attendees and other panelists will know my position and where I am coming from…
There are differences between The Bitcoin Standard andThe Gold Standard. They are both dynamic but in different ways. They are both sound money serving different functions and they should both be embraced for their respective use cases to further competition in currencies. …
Or Where Bitcoin Fundamentalist’s Tend To Err
First, allow me to distinguish between what I consider to be bitcoin macro-fundamentals and bitcoin micro-fundamentals.
Bitcoin Macro-Fundamentals
The case for bitcoin does not come from bitcoin at all! As with all things, bitcoin has no intrinsic value. It has only imputed value.
While bitcoin…
A SONG FROM THE HEART OF BOBBY C. LEE
This was my Sunday read and I want to review it while still fresh. I have met Bobby Lee twice. And the last time was in Miami a few weeks ago.
This time he had a book. And I went Wow…
Believe Or Not, Yes It Can!
Let me briefly explain.
This week Nassim Nicholas Taleb, who wrote the foreword to Saifedean Ammous’’s classic The Bitcoin Standard, published a draft predicting the demise of Bitcoin.
This stirred quite a bit of drama, politics, and emotion in the world of Bitcoin.
I…
Bitcoin Is Monetary Energy At Rest
Bitcoin detractor Jeffrey Robinson in Bitcoin: Naked Truth About Bitcoin argues bitcoiners are “…ignoring the difference between saving and hoarding. . . . savings are lent out to entrepreneurs who build economies, hoarding sits in a shoebox at the bottom of a closest and…
The 90% Think Just The Opposite
To be a consistently successful trader you must think like a professional. Markets are created by professionals for professionals.
This is true whether it be in securities, bonds, commodities, bitcoin, and even shitcoins!
As a matter of fact, understanding this concept is best exemplified…
