My thoughts on various topics

Is it too late to get into Bitcoin?

5 Feb 2021 3 minute read 19 comments paragism

Bitcoin price has been hovering above $33,000 since the past 2-3 days. The market capitalization is $600B+ now and Bitcoin has stayed above this level only 27 days till now. The number one cryptocurrency broke all records and created new ATHs continu...

Understanding’s ProFi

1 Feb 2021 4 minute read 10 comments paragism

Decentralized finance or DeFi is the latest crypto buzzword. People are really liking the idea of lending and borrowing activity without the intervention of any third party or custodian. Being your own bank is easy nowadays with the help of DeFi. New...

So DOGE pumps again!

30 Jan 2021 3 minute read 7 comments paragism

#dogecoininto1dollar is trending on Twitter. I looked at the price of DOGE. It is up 200%! Has DOGE ever been to a dollar? No, but this price demand keeps on resurfacing.  DOGE, a meme coin with no use case created in 2013 by Billy Markus and Jackson...

Rare CryptoPunks are rocking NFT market

29 Jan 2021 3 minute read 10 comments paragism

CryptoPunks, launched in June 2017, paved the way for digital art on the blockchain. These are 24x24 pixel art images generated by an algorithm. Punks can be male or female. Some rare punks are ‘Apes’, ‘Zombies’ and ‘Aliens’. These punks were the pri...

Uniswap V3 – What to expect?

25 Jan 2021 3 minute read 6 comments paragism

Uniswap V2 was launched in May 2020. The upgrade brought significant structural improvement to Uniswap and the platform started to compete with the leading centralized exchanges (CEXs) as per trade volume. Uniswap charges 0.3% fee on every trade and...

WAX launches inter-blockchain tokenomics

22 Jan 2021 3 minute read 1 comment paragism

WAX (Worldwide Asset eXchange) describes itself as ‘the world’s leading decentralized video game and entertainment network’. The founders of OPSkins, one of the top marketplaces for online gaming virtual assets, developed the platform. WAX was purpos...

Social Recovery Wallets For Crypto Mass Adoption

19 Jan 2021 3 minute read 12 comments paragism

The ever-changing blockchain technology and cryptocurrency field are complicated and an end-user really has no need to understand the deep insights of the technology. From an end-user perspective, the use case is most important. Yes, using cryptocurr...

Is Bitcoin the Ultimate Digital Scarcity?

16 Jan 2021 4 minute read 7 comments paragism

Jamie Dimon, CEO of JP Morgan, shocked the world by calling Bitcoin a fraud in 2017. He said at that time that, “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.” Time really changes many things. Very recently, a JP Mor...

CBDC for financial inclusion is not a distant thought

13 Jan 2021 3 minute read 0 comments paragism

CBDC or ‘central bank digital currency’ is a buzzword today. It is a new type of currency that central banks around the world are experimenting with. To simplify the term, we can call it a digital form of fiat currency with some differences. The conc...

How Ampleforth Is Redefining Money

8 Jan 2021 7 minute read 11 comments paragism

One of my American friends told me some years back that the US was amidst an obesity pandemic. I googled that time to learn that the rising obesity in the country was indeed a public health crisis. Why did people eat so much there? We eat when we are...