Perspective, opinion, and commentary on bitcoin, altcoins, and cryptocurrency for people who want to focus on the big picture. Don't sweat the day-to-day. It's cryptocurrency - relax and enjoy the ride!
4 Sep 2020 5 minute read 4 comments MarkHelfman
Cryptocurrency is full of people who believe in old economic theories that have never been tried in the real world. There’s an almost zealous adherence to esoteric principles that seem to have no place in our modern lives. Fitting, perhaps, for a n...
29 Aug 2020 5 minute read 11 comments MarkHelfman
With bitcoin’s price exploding, you may think it’s about to go mainstream. Finally, the blockchain will have its day and everybody will realize the amazing power of open, permissionless financial networks and censorship-resistant money systems. Fiat...
25 Aug 2020 10 minute read 24 comments MarkHelfman
People love predicting bitcoin’s price. For example: Stock-to-Flow model predicts $288k by 2024. Equation of Exchange model predicts $398k by 2030. John McAfee predicts $1 million by the end of 2020. Four-Year Cycle predicts $200k by the end...
8 Aug 2020 5 minute read 12 comments MarkHelfman
The European Central Bank has spawned so many memes over the years, I can understand why people think it’s a laughing stock. Central banks in general get a bad rap. Have you heard what they’re saying about the U.S. Federal Reserve? And then there’s t...
7 Aug 2020 5 minute read 11 comments MarkHelfman
As the global financial crisis accelerates, cryptocurrency has returned to mainstream public discourse. You know bitcoin has reached some level of legitimacy when Bloomberg Radio quotes its price. Now that people are talking about central bank digita...
4 Aug 2020 5 minute read 0 comments MarkHelfman
When I talk to people about my book, Consensusland, few of them ask me about the social, political, and economic impact of cryptographically-secure, time-stamped distributed ledgers. (Which stinks, because that’s what the book’s about.) No, most peop...
13 Jul 2020 6 minute read 8 comments MarkHelfman
On May 27, 2020, Goldman Sachs hosted a call about bitcoin, gold, and inflation. Leading up to this call, the cryptosphere praised Goldman Sachs and buzzed about institutional adoption. After the call, they lambasted Wall Street’s ignorance and ridic...
30 Jun 2020 6 minute read 4 comments MarkHelfman
In the classic “diffusion of innovations” theory, new technology has to progress from innovators to early adopters before it can go mainstream. Innovators are the 5% of people who adopt technology while it’s still experimental. They prove the conce...
15 Jun 2020 5 minute read 10 comments MarkHelfman
As the global financial crisis accelerates, cryptocurrency has returned to mainstream public discourse. You know bitcoin has reached some level of legitimacy when Bloomberg Radio quotes its price. Now that people are talking about central bank digita...
6 Jun 2020 3 minute read 19 comments MarkHelfman
In April 2020, Facebook updated its Libra white paper. More specifically, it totally revamped its plans for the Libra cryptocurrency. Did you, like me, expect mainstream coverage of this event? Did you sit on this article for almost two months hoping...
