Jun 23, 2021MicroStrategy survived Michael Saylor’s first downfall; it will not survive the secondMichael Saylor’s obsessive embrace of the BTC token may achieve his long-held desire to earn a spot in the history books, just not in the way he imagines. I wasn’t in Florida for the recent Bitcoin Miami conference, although I checked out some of the action online. As the event…Michael Saylor11 min readMichael Saylor11 min read
May 4, 2021Ethereum’s ‘World Computer’ Doesn’t ComputeThe nomenclature behind Ethereum’s plans to alleviate network congestion suggests that even insiders no longer believe such relief is possible. The group behind the Ethereum scaling solution known as Optimism recently announced that its launch would be delayed. Originally scheduled for March, the new ‘rough estimate’ for Optimism’s mainnet debut…Ethereum6 min readEthereum6 min read
May 1, 2021How can you tell when an asset bubble is about to burst?How can you tell when an asset bubble is about to burst? Joseph Kennedy Sr., father of US President John Kennedy, famously claimed to have sold his holdings ahead of the 1929 market crash because a shoeshine boy offered him a stock tip. Financier Bernard Baruch offered a similar cautionary…5 min read5 min read
Apr 29, 2021How did things get so fucked up?How did things get so fucked up? It’s difficult to imagine the palpable feeling of excitement that must have greeted the 2008 release of Satoshi Nakamoto’s Bitcoin white paper. …Satoshi Nakamoto5 min readSatoshi Nakamoto5 min read
