Today, Federal Reserve Chairman, Jerome Powell spoke to Congress. In his remarks, Powell made it clear that the Fed is likely to hike rates again this year and that he is committed to reducing inflation to the 2% target. He also reiterated that despite the recent declines in the rate of inflation, it’s not even … Read more
A couple of months ago, I posted a detailed thread showing you how to self-custody your Bitcoin. This is important due to (reasonable) declining trust in the exchanges. At the time, I put up a link on the blog, but for those of you who don’t use Twitter, the attached PDF has all the details … Read more
At this point, most of you have read about the issues in the crypto-exchange world. We saw the collapse of the algorithmic stablecoins last spring which we addressed here. The big recent news is the sudden implosion of FTX, the failed exchange that is heading for bankruptcy and loss of most/all customer assets. People are … Read more
Hi All, I’ll be presenting on a panel at this week’s S&P Global Conference called “The Future of Regulatory Compliance”. We’ll be talking about regulations for cryptocurrencies. My fellow panelists work for large firms and want the US to have a regulatory framework so their firms know what they can and can’t do. They also … Read more
Gary Brode of Deep Knowledge Investing interviews Mitchell Nicholson of Garden City Advisory on Stablecoins: Confused about recent developments with Terra, Tether, and Luna? Worried that problems with some stablecoins will take down the cryptocurrency market? Just want to know what a stablecoin is and why you keep hearing about them? Accessible to beginners. Helpful … Read more
I spent most of last week at the Bitcoin2022 conference in Miami. A few notes on the experience: First, the amount of enthusiasm, energy, capital, and intellectual horsepower behind Bitcoin, cryptocurrencies, the blockchain, and the developing applications of these technologies is incredible. For those of you who haven’t seen it yet, there are enormous … Read more
Hi All, I’m heading to Miami tomorrow for the Bitcoin 2022 conference. Michael Bucella, Partner at BlockTower, who did a webinar with Deep Knowledge Investing last summer will be there as well as Anthony Pompliano who helped publicize our white paper on Bitcoin. It should be a fantastic opportunity to learn a lot in four … Read more
Overview: Nassim Nicholas Taleb is one of our intellectual heroes. His books, which include The Black Swan and Fooled by Randomness, constitute some of the best thinking and writing on risk in general, and financial risk in particular. He’s been publicly negative on Bitcoin, and while that is a respectable point of view, we disagree … Read more
