In this post I am linking a series of articles from the last month to paint a picture.
1.) MicroStrategy, a Nasdaq listed publicly traded company, had about $550M in cash on its balance sheet, and put $425M of it into Bitcoin.… Read more
Adventures and fascinations of Matt Pāz
In this post I am linking a series of articles from the last month to paint a picture.
1.) MicroStrategy, a Nasdaq listed publicly traded company, had about $550M in cash on its balance sheet, and put $425M of it into Bitcoin.… Read more
As it turns out, I am not the only one who sees the end of the current monetary system on the horizon. Ray Dalio, one of the world’s most successful macro investors, is writing a book on this very topic. As Ray writes each chapter, he posts it online to read for free.… Read more
I have been banging the table for a number of years that the current monetary system is nearing its end. A major event like the end of a monetary regime and subsequent move to a new reserve currency is a process that happens over the course of years or decades.… Read more
This is an article from about six months ago that popped into my head recently. In particular, I was thinking about it after the Federal Reserve announced ‘QE Infinity’ right before markets opened on Monday, March 23rd. As I was sitting there at my desk, mulling the implications of the announcement, the phrase “Bitcoin is everyone’s problem now” popped into my head.… Read more
Here is an 84 page letter from Deutsche Bank Research predicting the decade to come. Of interest to my readers are two sections in particular, The end of fiat money? (pg 10) and Cryptocurrencies: the 21st century cash (pg 58).
… Read moreThe end of fiat money?