The Part Time Economist

The Part Time Economist

Hi everyone. This is just a place for me to post some of my thoughts and analysis. I hope that someone finds them useful.


Grayscale, wBTC, and Self-Custody - FTX Fallout Continues

26 Nov 2022 1 minute read 1 comment The Part Time Economist

In the weeks since the complete implosion of the FTX cryptocurrency exchange, it has become clear that billions of dollars worth of customer funds weren't the only casualty of this disaster. In addition to the massive loss of wealth, the market is f...

FTX Implosion - Another Day, Another Failed Crypto Exchange

19 Nov 2022 1 minute read 1 comment The Part Time Economist

In a situation that has become far too familiar to cryptocurrency investors, the FTX cryptocurrency exchange recently filed for bankruptcy. As a result, customers have lost around $8 Billion. Although we have become accustomed to failures of cryptoc...

Why So Centralized - Centralized Node Hosting Jeopardizes Decentralization

5 Nov 2022 1 minute read 3 comments The Part Time Economist

The Solana blockchain narrowly averted another network outage as cloud service provider Hetzner turned off 40% of the nodes with the flip of a switch. The issue isn't unique to Solana, and centralized providers host up to 70% of Ethereum's nodes. Cr...

The Dark Side Of Play To Earn - Halloween Edition🎃

30 Oct 2022 7 minute read 10 comments The Part Time Economist

Play-to-earn gaming (P2E) leverages blockchain technology to allow players to earn real-world rewards for simply playing their favorite video games. Play-to-earn gaming sounds like a utopia that pays players for having fun, but could there be a dark...

Why No Moon? Why Deflationary Currencies Don't Always Go Up

29 Oct 2022 1 minute read 0 comments The Part Time Economist

Contrary to popular belief, having a limited or fixed supply does not make a cryptocurrency or other asset inherently valuable. Rather, price is determined by both supply AND demand, and assets that are produced in small quantities (limited edition...

Non-Transferrable Tokens - What Are They and How Do They Work??

23 Oct 2022 1 minute read 1 comment The Part Time Economist

Non Fungible Tokens, also known as NFTs, are a fantastic way of representing assets as we move to an increasingly digital world. Because NFTs leverage the power of blockchain technology and cryptocurrency, it's possible to have an immutable public r...

How Stablecoin Issuers Make Money🤑 - Crypto Made Simple

16 Oct 2022 1 minute read 9 comments The Part Time Economist

Stablecoins are one of the most fundamental building blocks of the cryptocurrency ecosystem. Without stablecoins, trading on most crypto exchanges would grind to a halt, and DeFi would be incredibly risky. We know that stablecoins are important, but...

Crypto Yield Farming Explained For Beginners 🚜🌞

15 Oct 2022 1 minute read 0 comments The Part Time Economist

Robo advisors are popular in traditional finance because they allow busy people to deposit their money, sit back, relax, and watch as an intelligent algorithm does all the hard work to invest their money on their behalf. Cryptocurrency yield aggrega...

Not AGAIN!!!! - $570 Million Crypto Hack Analysis

9 Oct 2022 1 minute read 9 comments The Part Time Economist

After being hacked for around $570 Million, the Binance Smart Chain did what any other self-respecting, decentralized, permissionless, unstoppable blockchain would do...they coordinated with all validators to collectively freeze transactions and hal...

Composability, DeFi, and "Money Legos"

8 Oct 2022 1 minute read 0 comments The Part Time Economist

People often say that Decentralized Finance (DeFi) is like "money Legos" and that the composability of cryptocurrency is the key to building a new financial future, but what does this mean? In today's post, I'll explain how different DeFi protocols...