on the blockchain
The case against Bitcoin
“Peter Thiel’s former portfolio manager says that the crypto narrative is built on half-truths and a nonchalance about the security provided by the nation-state.” | learn more
Tag: bitcoin
on the blockchain
Untraceable Bitcoin is a myth.
Last week’s link mused on exactly how the government recovered some of the Colonial Pipeline ransom. This week, Ezra Galston from Starting Line added additional perspective in the WSJ. “Bitcoin is anonymous, but it’s far from private—an important but often overlooked distinction. […]
on the blockchain
How did the feds recover the ransomware Bitcoin payment?
“On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal […]
on the blockchain
Bitcoin is not an inflation hedge
This critical analysis of a common belief among Bitcoin supporters has merit. “The inflation-hedge viewpoint is an article of faith in the crypto community. The logic goes that bitcoin will become the asset of last resort when inflation finally makes […]
on the blockchain
Is the sell-off over or will there be more pain?
Anthony Pompliano analyzes who’s buying, selling, and holding Bitcoin to inform his prediction of near-term price. It’s worth a peek if you aren’t regularly immersed in this sort of data. | learn more
on the blockchain
Not your keys, not your Bitcoin
Another $2 billion example of counterparty risk, this one from Turkish exchange Thodex. “Turkey launched an international manhunt for the founder of one of its major cryptocurrency exchanges after he stopped paying clients and fled the country.” | learn more
on the blockchain
Morgan Stanley now offering Bitcoin to clients
“But, at least for now, the bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by […]
on the blockchain
Michael Saylor of Microstrategy on Bitcoin
Last September Microstrategy became the first public company to deploy their treasury assets ($500MM) into Bitcoin. In this interview, founder and CEO Michael Saylor explains why. He connects the dots between his large personal bet on the big tech giants almost […]
on the blockchain
First publicly company CEO now paid in Bitcoin
“U.K.-listed cryptocurrency mining firm Argo Blockchain started paying the salary of its CEO, Peter Wall, in bitcoin this month.” | learn more
on the blockchain
Why India should buy Bitcoin
Crypto mainstay Balaji Srinivasan: “More broadly, India should champion decentralized cryptocurrencies like Bitcoin and Ethereum to safeguard national security, prevent deplatforming, attract international capital, strengthen monetary policy, deter financial fraud, accelerate technological development, and hasten India’s ascendance as a global […]