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.


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...

What Are Cryptocurrency Bridges? - Crypto Basics

19 Sep 2022 1 minute read 0 comments The Part Time Economist

With thousands of different cryptocurrencies and hundreds of different blockchains, there are almost limitless ways for crypto investors to put their capital to work earning a return. Unfortunately, not all blockchains have the same level of feature...

No Free Lunch - Comparing Crypto Transaction Fee Models

12 Sep 2022 1 minute read 3 comments The Part Time Economist

Why do some cryptocurrencies charge users high transaction fees to use the blockchain while other cryptocurrencies are "gas-free cryptocurrencies" that don't charge fees for each transaction? Are some cryptocurrencies greedier than others, or could...