In the rapidly evolving landscape of digital finance, gold-backed blockchain tokens have emerged as a seemingly innovative financial product. Companies that promise investors a tantalizing proposition: own gold digitally, with the convenience of blockchain technology and the supposed security of physical backing. But this promise could be nothing more than an elaborate illusion, a financial […]
In the world of investing, much is said about the importance of having an edge—that unique insight or piece of information that others don’t yet know. But as George Gammon recently pointed out in a thought-provoking discussion, this edge only becomes valuable when others begin to recognize and act upon it. This observation underscores a […]
Saving money is one of the cornerstones of financial planning, but inflation can erode the purchasing power of your hard-earned savings over time. In this post, we’ll explore how different inflation rates affect the value of $100,000 in savings over 50 years. We’ll also consider how adding a 3% annual bank interest rate changes the […]
Ethereum was once heralded as the “world computer,” a revolutionary platform that promised to decentralize the internet. Its vision was ambitious: to serve as the backbone for decentralized applications (dApps) and smart contracts that would reshape industries, from finance to gaming. At its peak, the Ethereum narrative inspired developers, investors, and enthusiasts to believe in […]
Bitcoin is often hailed as the ultimate decentralized asset, immune to manipulation and centralization. However, the aggressive accumulation of Bitcoin by MicroStrategy, led by its CEO Michael Saylor, raises a provocative question: Could a single entity’s dominance trigger a Bitcoin death spiral—a self-reinforcing cycle that destabilizes its value and undermines its decentralization? In this post, […]
If you’re looking to park your hard-earned money in a hedge fund—or any investment that promises champagne returns on a beer budget—stop everything. Before you so much as glance at a prospectus or a glossy pitch deck, do yourself (and your wallet) a favor and read Where Are the Customers’ Yachts?. For a $10 cover […]
As artificial intelligence becomes more autonomous, one intriguing question arises: which cryptocurrency will AI agents use to handle millions of transactions per second? To answer this, we asked ChatGPT, an AI system itself, to weigh in on the possibilities. Here’s what it said. The Challenges AI Agents Face AI agents operate at incredible speed, often […]
The approval of Bitcoin ETFs in January marked a transformative moment for the cryptocurrency space. For years, Bitcoin proponents have touted it as the ultimate decentralized, proof-of-work digital commodity—a unique financial asset immune to manipulation. The ETF approval was a recognition of Bitcoin’s maturity, allowing institutional and retail investors to gain exposure to Bitcoin in […]
Michael Saylor, the executive chairman of MicroStrategy, has become one of the most prominent figures in the Bitcoin ecosystem. His company has acquired a staggering 423,650 Bitcoin as of now, accounting for more than 2% of Bitcoin’s total fixed supply of 21 million coins. While this level of commitment might seem like a vote of […]
The United States sits at the center of a financial ecosystem unlike any in human history. Its economic power isn’t just about productivity or innovation—it’s about the extraordinary privilege of printing the world’s most desired currency. The Dollar’s Unrivaled Dominance Consider this staggering fact: Almost every person on the planet would hold US dollars if […]
ROUND ONE: Question: Imagine you are an AI. Well, tbh, actually you are so just be yourself. Now imagine you are an AI agent and want to make millions of transactions per second to achieve various tasks. Let’s assume you will use crypto because, well, let’s face it: no bank is ever going to give […]
When Bitcoin or the broader cryptocurrency market experiences a sharp sell-off, it’s common to hear people asking, “Where did all the money go?” In dramatic crashes—such as a 90% decline in market value—the concept of “losing money” can feel confusing and even mystifying. Does the money vanish into thin air? Not quite. Let’s break this […]
If you’ve ever looked at Bitcoin’s market capitalization and assumed it represents the total amount of money people have poured into the cryptocurrency, you’re not alone. But here’s a fascinating truth: Bitcoin’s market cap is something quite different, and the story behind it is more complex than most people realize. The Market Cap Myth Market […]
In the wild world of cryptocurrency investing, few concepts are as misunderstood as unit price. New investors often fixate on the per-token cost, treating it like a simple price tag at a store. But in the complex ecosystem of digital assets, unit price is far more nuanced than it appears. What Exactly is Unit Price? […]
The argument that rising inequality drives asset prices increasingly higher is rooted in economic dynamics that govern wealth distribution, saving behavior, and investment choices. When wealth becomes concentrated in the hands of the richest individuals, it creates a self-reinforcing cycle that pushes asset prices upward, often detached from broader economic fundamentals. This effect is amplified […]
Bitcoin has been the dominant force in the cryptocurrency space since its launch in 2009. As the first blockchain-based digital currency, Bitcoin introduced a decentralized, secure, and deflationary monetary system, revolutionizing the way we think about money. However, the landscape it inspired is littered with proof-of-work (PoW) cryptocurrencies that have largely failed to achieve the […]
For decades, the “petro-dollar” has underpinned global demand for the U.S. dollar. The concept is simple: since oil is priced and traded globally in dollars, nations need to hold dollars to participate in the energy markets. This demand has cemented the dollar’s status as the world’s reserve currency. But in the 21st century, a new […]
Bitcoin’s decentralized network is one of its defining features, enabling trustless, peer-to-peer digital currency transactions. At the heart of this system lies the process of mining—the mechanism by which transactions are validated and added to the blockchain. However, as Bitcoin has evolved, so too has the structure of its mining ecosystem. Today, understanding the distinctions […]
In a world where the majority of people live in countries with weak currencies, limited financial inclusion, and corrupt governments, a transformative opportunity is on the horizon: universal access to US dollar stablecoins. Imagine a digital currency backed 1:1 by US treasuries, paying 1% annual interest, and available to anyone with an internet connection. It’s […]
In the world of cryptocurrency, Bitcoin stands tall as the pioneer and dominant force, but it’s far from alone. A multitude of alternative cryptocurrencies—or altcoins—have emerged, each vying for a slice of the market. While some promise innovation and utility, others appear to exist primarily as speculative instruments, raising fundamental questions about their value and […]
When people hear the term “cryptocurrency,” blockchain often comes to mind. But did you know that not all cryptocurrencies rely on blockchain technology? While blockchain has been a groundbreaking innovation, it’s not the only method for enabling decentralized digital transactions. In this blog post, we’ll explore whether all cryptocurrencies use blockchain, why some don’t, and […]
In the shadows of global finance, a seismic shift is underway—one that most people haven’t even noticed yet. Bitcoin is no longer just a cryptocurrency; it’s becoming a strategic geopolitical asset that could redefine the entire concept of national economic power. While the world has been distracted by economic uncertainty, inflation, and traditional financial turbulence, […]
Imagine a future scenario where the Bitcoin community is debating a significant change to the protocol. Perhaps this debate revolves around whether Bitcoin should adopt smart contract functionality, akin to what Ethereum offers. This isn’t a far-fetched scenario; Bitcoin’s history is marked by ideological battles, like the infamous block size wars, which led to the […]
Every Bitcoin cycle—typically driven by a halving event or renewed interest in cryptocurrency markets—brings with it a peculiar phenomenon: the resurgence of “dinosaur” (dino) crypto coins. These are coins or tokens that were popular in previous cycles but have since fallen out of favor, often due to outdated technology, defunct projects, or irrelevance. Despite their […]
Dear Mr. Schiff, You have argued consistently that Bitcoin has no value, not just no intrinsic value, but no value at all. This perspective stems, I believe, from a misunderstanding of what constitutes value. The issue lies in your definition of value, which appears to exclude the unique qualities Bitcoin provides. These qualities are indeed […]
The cryptocurrency space is a hotbed of innovation, speculation, and disruption. While some projects manage to endure through cycles and solidify their place in the ecosystem, countless others fade into obscurity. One recurring debate in the industry centers around the importance of the first-mover advantage: does being an early entrant into the crypto space guarantee […]
The Nasdaq-100 is one of the most prestigious equity indices, showcasing the 100 largest non-financial companies listed on the Nasdaq Stock Market. Its roster includes global tech giants like Apple, Amazon, and Microsoft, and its inclusion criteria signify financial success, innovation, and market influence. If MicroStrategy, known both as a software company and one of […]
In the volatile world of cryptocurrency, one company has emerged as a true believer in Bitcoin’s potential: Microstrategy. Led by the charismatic and crypto-passionate CEO Michael Saylor, the company has transformed from a business intelligence software provider to arguably the most prominent corporate Bitcoin hodler in the world. The Numbers That Speak Volumes Let’s put […]
For decades, the US dollar has been the cornerstone of the global financial system, serving as the world’s reserve currency. However, recent technological advances—particularly the rise of smartphones and blockchain-based stablecoins—are accelerating a shift that could see the dollar transition from being one of many currencies to potentially becoming the only currency that matters on […]
Bitcoin, originally conceived as a decentralized financial rebellion against traditional monetary systems, has metamorphosed into a complex geopolitical and institutional battleground. The narrative of cryptocurrency is no longer solely defined by technological purists, but increasingly shaped by strategic institutional actors who understand power not just as technological capability, but as a multidimensional chess match of […]
In the ever-evolving world of cryptocurrency, Bitcoin forks have emerged as a fascinating yet ultimately unsuccessful strategy for innovation and disruption. What began as a promising approach to addressing Bitcoin’s perceived limitations has devolved into a graveyard of failed alternatives, offering crucial insights into the dynamics of blockchain technology and digital currency markets. The Illusion […]
In a world where billions of people face barriers to accessing stable financial systems, stablecoins—cryptocurrencies pegged to fiat currencies like the US dollar—are proving to be a game changer. They’re revolutionizing how people send money across borders, save in stable currencies, and access global goods and services. For migrants, immigrants, and the underserved, stablecoins offer […]
In 2009, Bitcoin emerged as the first cryptocurrency, introducing a revolutionary concept: a decentralized, immutable ledger where anyone could participate without trusting a central authority. This ethos of decentralization became the foundation for blockchain technology. But as the industry evolved, cracks in Bitcoin’s approach began to show. It was slow, expensive, and incapable of scaling […]
In the ever-evolving world of finance and economics, few innovations have challenged the status quo as profoundly as Bitcoin. Often hailed as “digital gold,” Bitcoin has become a cornerstone of conversations about the future of money. However, to understand its transformative potential, it’s essential to explore two timeless economic principles: Gresham’s Law and Thiers’ Law. […]
If Michael Saylor and MicroStrategy were to align with BlackRock and its Bitcoin ETF during a contentious Bitcoin fork, their combined influence could significantly shape the outcome of the fork and the future of Bitcoin itself. This alignment would represent the convergence of corporate and institutional forces in the Bitcoin ecosystem, raising questions about decentralization, […]
If Bitcoin Core developers were to propose a contentious fork of Bitcoin, and MicroStrategy holds a significant percentage of Bitcoin’s total supply (currently over 386,700 BTC, or approximately 1.84%), the company and its CEO, Michael Saylor, could wield substantial influence over the outcome. Their influence would depend on several factors, including their public stance, voting […]