On March 9th, President Biden signed his “Executive Order on Ensuring Responsible Development of Digital Assets.” This order had been anticipated for several weeks, and while highly anticipated within the crypto community, the order itself is short on specifics, long
For those new to the cryptocurrency market, stablecoins represent one of the more difficult aspects to understand. The reality of this point is further cemented when one has come into crypto because of Bitcoin or some other specific project or
Gold and Bitcoin are fungible, durable, portable, divisible, & scarce. Both have limited acceptance today: there are few goods & services you can buy directly with gold or bitcoin. But Bitcoin has six advantages over gold: 1: Bitcoin is far more
Before the world switched to a fiat monetary system, people who wanted to build wealth kept their savings in a bank. Interest rates tended to equal the average rate of profit, which was enough for all but a small minority
To the outsider, crypto enthusiasts largely look like a bunch of libertarian leaning, wanna be economists who appear to have a major axe to grind with the financial system as we’ve known it for the past 80 years or so.
You are undoubtedly familiar with the idea of a “Trojan Horse,” an idiom derived from the Trojan War of Homer’s Iliad. A large, hollow, wooden horse is left behind by the Greeks after their supposed failure to take the city
Even casual crypto observers are aware of the dramatic downward price action across the crypto space over the past few weeks. This price action has market participants weighing in with opinions regarding where the crypto market stands: on the cusp
While Bitcoin is undoubtedly the most recognized crypto currency in the world, there are literally thousands of other cryptos in existence. While we tend to call everything in the crypto space “cryptocurrencies”, this is misleading because the only thing these
If Bitcoin and other cryptocurrencies were to disappear tomorrow, what legacy would they leave behind? I can think of three main impacts: First, Bitcoin raised awareness of the flaws in fiat money, the superiority of sound money, and the potential
Bitcoin can seem like the merger of the Wild West and the Jetsons. If you aren’t already an expert, keeping away might seem safer. Fortunately, Vellum Capital prepared a whitepaper that makes sense of the cryptocurrency space without being technical or