Click here for Part 5 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then it has no value proposition Bitcoin’s mere existence is its greatest marketing campaign. As we’ve covered above, the characteristics it possesses naturally creates interest, appeal, profit, controversy, and grief. Any of these sums that get spread amongst the public serves as a proxy-marketing mouth piece that breathes life into bitcoin. The result? The best PR bitcoin could possibly ever...
bitcoin is Dead: Part 5
Click here for Part 4 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then so is its volatility Bitcoin’s volatility further demonstrates why it is not dead. By analyzing its hypersensitivity in price over time, it’s evident that bitcoin is not only resilient, but appreciates in value. This characteristic repeatedly attracts more speculators during every bull run bitcoin goes through. The ability of bitcoin to withstand these volatile gyrations in the market is...
bitcoin is Dead: Part 4
Click here for Part 3 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then Nigerians aren’t living off it Bitcoin is empowering the dominant medium of exchange to the masses in West Africa. How? Gift cards. The digital asset exchange, Paxful, is outcompeting other Western exchanges by enabling thousands in West Africa (Nigerians in particular) to buy gift cards for remittance, which accounts for two-thirds of the exchange’s USD volume. In the article “Bitcoin and...
bitcoin is Dead: Part 3
Click here for Part 2 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then the President didn’t tweet about it Governments have officially recognized bitcoin as a threat to the modern financial system. In an article from The Daily HODL, Congressmen, French Hill and Bill Foster, wrote a letter in September urging the Fed to “consider creating a national digital currency as the rise of crypto and projects like Facebook’s Libra threaten paper money.” The open...
Tales from the Monetary Empire
After hearing January 3rd’s episode of Tales From the Crypt, it’s an understatement to say I’m inspired by Alex Leishman and his mission to bring free banking to those who need and deserve it most. Responsible banking is long a thing of the past. No proof of reserves? No use in offering financial services. Period. What is the point if most Americans can’t even make interest on their savings? It’s only a matter of time before negative interest rates become a reality in the states just as it already has in many countries. Instead, Keynesianism plagues the minds of not only Americans but the...
bitcoin is Dead: Part 2
Click here for Part 1 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then everyone abandoned the network By mere speculation the, WSJ piece claimed “one reason for the slowdown could be the sobering reality that creating new global monetary standards requires more than computer code.” Yeah, they’re right… In fact, it takes an entire network of individuals to voluntarily download the required software/client to their computer and connect to the Bitcoin Network. In...
bitcoin is Dead: Part 1
For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. Is it, now? Well, haven’t you heard? The 11 year fad of magic internet money is long over. Nobody is buying, trading, selling, or even “HODLing.” This volatile ecosystem of market booms and busts, degenerate gamblers, terrorists and drug dealers has finally bit the dust…at least that’s what the media would want you to think. According to the Bitcoin Obituaries from 99Bitcoins.com, multiple articles have claimed that bitcoin has “died”...
Texas court of criminal appeals delays Rodney Reed’s execution
"A Texas appeals court has granted a stay of execution for death row inmate Rodney Reed as a growing chorus of supporters point to evidence they say casts doubt on his guilt. He was scheduled to die in five days for a 1996 rape and murder."