Economics

One of the major selling points of cryptocurrencies is that everything is decentralized and trust no longer lies in single a third party. However, the trust didn’t simply dissipate, it got distributed to participants of the network. In my opinion, the incentive structure built into cryptoeconomics is one of its most overlooked benefits. The fundamental idea can be summarized as follows: no one wants to lose money, and everyone wants to maximize the profit they receive for the work that they do. ...

This post was originally written as a follow up email to this tweet where one of the hosts of The Investor’s Podcast ran a poll regarding people’s thoughts on Bitcoin. — — — — — — — — — — To provide a fair comparison between Ethereum and Bitcoin I will start by defining the basics, and expand on how each of them can be used without drilling down too deep into the technical details ...

Commodities are tanking, the fed is still contemplating an increase in interest rates, and several countries are either in or on the verge of entering a recession. Over the past 7 years, a lot of cash has been injected into the US economy through quantitative easing, accompanied by very little inflation. All factors considered it’s difficult to determine where the economy is headed in the near future. Is the bull still raging? Is the US economy on the brink of another recession? Will the bear slowly creep up and take over? ...