Can Bitcoin Go To Zero?
Bitcoin’s journey from an obscure whitepaper to a trillion-dollar asset class has been remarkable, but questions about its long-term viability persist. These objections to Bitcoin’s staying power come mostly from those who feel they missed the boat. Bitcoin derangement syndrome is a potent and toxic state of mind and can get you to rationalise avoiding […]
Bitcoin Treasuries Aren’t An Infinite Money Glitch
A slowly growing trend has emerged among corporate treasuries: adding Bitcoin to their balance sheets. This strategy has garnered significant attention, with MicroStrategy leading the charge and other companies like Metaplanet, Kulr and Rumble following suit. MicroStrategy, Michael Saylor’s software company turned bitcoin-holding vehicle, is now worth $88 billion, making it one of America’s largest […]
What Are Bitcoin Company ETFs?
Saylor has been shouting from the rooftops, that is, every podcast or CNBC interview that will have him on, about his Bitcoin strategy; if you haven’t heard of this guy or MSTR in the last 3 years, you’re probably too busy crying about trading JPEG rocks or smoking rocks. While he seemed like a madman […]
Does South Africa Need A Bitcoin Strategic Reserve?
In his July speech in Nashville, Trump mentioned starting a Bitcoin reserve to help the US dominate the global Bitcoin market in the face of growing competition from China. The market received the news well, which reflected in a considerable price increase. With a Trump win and a new administration on the way, the price […]
Bitcoin ATMs Get A Bad Rap
So you want to get some Bitcoin, but you don’t have a bank account or credit card, or you do and don’t want to tie it to a Bitcoin purchase. Where do you go? What if you have cash, physical cash? What do you do? It’s not as if you can walk up to CoinBase […]
Running A Small Business On A Bitcoin Standard
Watching MicroStrategy and, to a lesser extent, MetaPlanet adopt a Bitcoin standard, putting the asset on their balance sheet and raising capital in the public markets with the sole aim of stuffing their coffers with sats has been quite the trade. Their allocations to Bitcoin have never been higher, along with their stock prices and […]
Can Governments And Corporations Threaten Bitcoin’s Core Promice?
Most people have heard the term “Bitcoin” in passing, but how much they know about it or care about it is debatable. I think there’s still a fringe minority of direct holders who actually interact with the chain, like myself; most are using some custodian or wrapper product. I find it surprising that despite Bitcoin […]
What Is A Bit-life Crisis?
It starts innocently enough. A casual mention at a dinner party. A cryptic tweet. A late-night YouTube video that somehow keeps you scrolling until 3 AM. Before you know it, you’re neck-deep in technical whitepapers, arguing with strangers on Reddit about monetary policy, and calculating your savings in satoshis instead of Dollars. You gobble up […]
What Is A Bitcoin IRA?
Bitcoin’s meteoric rise from darknet settlement currency to a 1 trillion dollar asset class has broken many models and average investors’ brains along the way. While there is still no shortage of naysayers, a few are starting to pay attention, so much so that a cohort is eager to include it in their retirement portfolios. […]
SunExchange Quits Crowdsales Business
During the bear market of 2019, I found myself watching an episode of the Keiser Report, where Max mentioned a service called the Sun Exchange, a crowdfunding investment platform that generated electricity using solar energy and paid its investors in Bitcoin. Being South African myself and having experienced load shedding and a consistent increase in […]