Hi everyone. This is just a place for me to post some of my thoughts and analysis. I hope that someone finds them useful.
11 Sep 2022 1 minute read 1 comment The Part Time Economist
Cryptocurrency exchange Binance recently grabbed the news headlines with the announcement that it will automatically convert users' USDP, USDC, and TUSD stablecoins into Binance's proprietary BUSD stablecoin. Critics alleged that Binance was trying...
5 Sep 2022 1 minute read 1 comment The Part Time Economist
If you're new to cryptocurrency, you may occasionally hear the term "fractional reserve banking" used negatively. Even if you don't understand what fractional reserve baking is, the ominous tone of the podcaster's voice clearly lets you know that cr...
4 Sep 2022 1 minute read 2 comments The Part Time Economist
Unfortunately, it seems like we are constantly hearing about "pump and dump" scams in cryptocurrency where a project will create a token out of thin air and promise that it will change the world, empower the poor, and bank the unbanked. With no inte...
28 Aug 2022 1 minute read 0 comments The Part Time Economist
Proof of stake cryptocurrencies such as Solana, Cardano, and ETH 2.0 allow a decentralized network of participants to maintain the integrity of the network by verifying that transactions follow the rules of the blockchain. If we already have a way o...
20 Aug 2022 1 minute read 0 comments The Part Time Economist
A recent feature update on the Cardano blockchain caused a "catastrophic" failure that wiped out over two years of transaction history. Thankfully, this occurred on a test net and although no real funds were lost, this Cardano example brings up a go...
14 Aug 2022 1 minute read 0 comments The Part Time Economist
The long-awaited merge of the Ethereum blockchain from proof of work to proof of stake is expected within the next month, but what does this merge mean? In this video, I'll give a brief overview of the difference between proof of work and proof of s...
31 Jul 2022 1 minute read 1 comment The Part Time Economist
SEC Chairman Gary Gensler recently announced that he sees no difference between crypto and traditional stock markets. According to Gary Gensler, crypto exchanges should therefore be subject to similar rules, regulations, and customer protections fou...
25 Jul 2022 1 minute read 7 comments The Part Time Economist
One cryptocurrency user recently made headlines for his $6 Million proposal to hire workers, machines, and even robot dogs to scour a landfill for his old hard drive that was claimed to have $163 Million worth of lost Bitcoin on it. Although this ca...
24 Jul 2022 1 minute read 7 comments The Part Time Economist
It was recently announced that the SEC accused a former Coinbase employee of violating existing securities regulations by trading crypto on insider information. Coinbase fired back by saying that the cryptocurrencies on their website are NOT securit...
17 Jul 2022 1 minute read 1 comment The Part Time Economist
The recent launch of the Splinterlands Archmage bot, and its accompanying NFT token, proves what I have been trying to tell people for months. NFTs can be used for so much more than the simple representation of digital art which seems to gather all...
