Sirwin
Sirwin
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.


Protect Your Crypto - Tips for Self Custody🔒

11 Jul 2022 1 minute read 3 comments The Part Time Economist

With the recent announcements that cryptocurrency lending platforms Celsius and Voyager have stopped allowing customers to withdraw their own funds, many well-meaning crypto influencers have urged cryptocurrency holders to move their funds off of ce...

Don't Get Liquidated! - Explaining Over Collateralized DeFi Loans

9 Jul 2022 1 minute read 1 comment The Part Time Economist

Since DeFi protocols can't perform credit checks or assess the credit worthiness of borrowers using the same tools of traditional finance, they typically rely on loan over-collateralization to ensure that lenders will be able to receive their funds...

Peter Schiff, Banks, Crypto, and Irony

4 Jul 2022 1 minute read 2 comments The Part Time Economist

In a recent tweet, famed gold bug and Bitcoin Basher Peter Schiff mentioned that one of his bank accounts was closed for what were presumably unfounded reasons. Many crypto enthusiasts have used this as an "I told you so moment" to highlight the fac...

Cryptocurrency Investors Aren't "Lazy"😠

2 Jul 2022 1 minute read 40 comments The Part Time Economist

I recently watched a video where the host suggested that cryptocurrency was a popular investment because Millennials are lazy investors who are unwilling to follow traditional methods of building wealth such as starting their own businesses. As a mi...

Arbitrage and Flash Loans Explained - Crypto Basics

25 Jun 2022 1 minute read 0 comments The Part Time Economist

  The phrase "buy low and sell high" typically applies to purchasing an asset and holding it across a period of time to sell at a later point when the asset appreciates. Thankfully, simply HODLing crypto isn't the only way to "buy low and sell high"...

Customers Loose Billions? ? - Explaining Crypto Lending Meltdown

18 Jun 2022 1 minute read 4 comments The Part Time Economist

  People who believed that cryptocurrency is more secure, decentralized, and trustworthy than the existing financial system were in for quite a surprise this week when crypto lending platform Celsius announced that it would temporarily block custome...

NFTs -Hype vs The Potential

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

  Just a few short months ago, NFTs were all the rage with some NFTs selling for millions of dollars. Fast forward a few months and some NFT prices have dropped by 90% or more, and rumors and accusations of frauds, rug pulls, and scams circulate lik...

DeFi Oracles, What Are They and How Do They Work?

11 Jun 2022 1 minute read 0 comments The Part Time Economist

Cryptocurrency smart contracts and DeFi protocols have taken finance to the next level by empowering people across the globe to buy, sell, lend, borrow, and trade assets without the need for a trusted middle man. Despite the power of smart contracts...

Whales, Bagholders, and Evangelists? - Common Crypto Nicknames Explained

8 Jun 2022 1 minute read 1 comment The Part Time Economist

  If you're new to cryptocurrency, it might be easy to get confused by some of the terms and acronyms that we use. What's the difference between a Bitcoin evangelist and a Bitcoin maximalist? Should you find an oracle to teach you more about cryptoc...

Airdrops, Splits, and Crypto Forks Explained

28 May 2022 1 minute read 0 comments The Part Time Economist

After witnessing the complete and total annihilation of the Terra ecosystem over the past few weeks, many people are excited about the possibility of a hard fork breathing new life into the Terra ecosystem, revitalizing the project, and hopefully ma...