Has the Commute Economy Peaked?
At the 2017 Berkshire Hathaway AGM when asked what the biggest economic threat to his company and holdings were, CEO Warren Buffett’s response was a surprise, automated vehicles. Warren Buffett…
It’s OK to compare Bitcoin to gold
As human beings we are born to compare and contrast. According to Harvey Silver our survival depends on it; Comparative thinking is one of our first and most natural forms…
The ECB, Bitcoin and Gresham’s Law.
This week is key in macro-economics with the pending interest rate decision from the European Central Bank. The market is asking how much (not if) central bank liquidity (QE) will…
Buy & hold your bitcoins
With the latest appreciation in the price of Bitcoin our social media feeds are once again filling up with posts reading 'to the moon' & 'new hyperbolic phase'. This may…
Understanding Bitcoin’s finite supply
There are two key attributes that make Bitcoin the most financially secure asset ever created. The first is its settlement process (the blockchain), the second is that it is finite…
Why Bitcoin’s price is volatile
Of the many criticisms of Bitcoin a persistent one is the volatility in price. There are many key factors that have historically caused or have been correlated to the volatility…
The Investors Podcast
The Investors Podcast this week spoke with Tuur Demeester, one of our favorite Bitcoin spokesperson. This is another excellent interview with Tuur where they address key misconceptions in Bitcoin that…
Understanding bitcoin hacks
image courtesy of pixabay.com Today Binance announced that they lost over 7,000 bitcoins to a hack. Exchanges getting hacked is unfortunately not uncommon yet there is still a misconception to…
Exchange Bitfinex to be investigated
The New York State General Attorney's office is investigating exchange Bitfinex for fraud. The allegation being that the exchange used its stablecoin, Tether, to mask an $850million loss. Bitfinex and…
IMF runs crypto survey
The International Monetary Fund, the world's lender of last resort, is running a survey on Twitter asking participants 'How they will pay for lunch in 5 years' with the four…
Will Bitcoin be the new safe haven asset?
There are many skeptics of the international coordinated response to the 2008 Global Financial Crisis. The shared criticism from these skeptics, that include respected economists, billionaire businesspersons and the world's…
How a bitcoin bull market could be detrimental.
Your first investment should not be in buying bitcoins but in time spent understanding how to buy, store and own bitcoins securely" (Saifedean Ammous, The Bitcoin Standard). Bitcoin bull markets…
Is Sentiment Turning?
Last week we posted that there were signs the bear market in the price of bitcoin could be nearing the bottom based on time and sentimental indicators (but not necessarily…
April 2019 CoinCorner Newsletter
This month's edition of CoinCorner newsletter is available publicly for free. Download it here.
The Accidental Bitcoiner
The Accidental Bitcoiner How Mr. Pento makes a case for Bitcoin while arguing against it.
Majority of Crypto exchanges still private & anonymous
In a lengthy report by Coinfirm it was discovered that nearly 70% of cryptocurrency exchanges lacked KYC/AML implementation thus allowing for private and anonymous purchases and sales of bitcoin and…
CBOE discontinues bitcoin futures
On March 20 the CBOE (Chicago Board Options Exchange) discontinued offering bitcoin futures products. As the CBOE was the first exchange to actually launch a bitcoin futures product (within one…
Jack Dorsey invites bitcoin entrepreneurs
Jack Dorsey (@jack) has set up a twitter account @sqcrypto to fund new ventures related to bitcoin development. o
Australians can now purchase bitcoin at newsagents
Binance, the Matla based cryptocurrency exchange, reported that its new service 'Binance Lite' will be rolled out at newsagents across Australia. After completing an ID check customer can convert their…
Exchange loses access to 26,000 bitcoins
Candian crytocurrency exchange QuadrigaCX may not be able to access over CAD$250million worth of cryptocurrnecies including approximately 26,500 bitcoins that it was holding on behalf of its customers. The exchange's…
Bitcoin ETF gets refiled
The Chicago Board Options Exchange has filed a proposal to create an ETF (Exchange Trade Fund) that would allow institutional and individual investors to buy and sell bitcoin. The proposal…
World Bank issues bond on the blockchain.
Commonwealth Bank of Australia is managing the issuance of a World Bank bond exclusively using a blockchain platform. The World Bank, which issues around US$60 Billion annually for the purposes…
Bitcoin to be included in CFA curriculum.
The CFA (Chartered Financial Analyst) Institute has added to its curriculum topics on Bitcoin and the Blockchain. Though currently in a cryptocurrency bear market the managing director of the CFAInstitute,…
The Accidental Bitcoiner
Through our daily research in the world of finance, geo-politics, and macro-economcis we come across interviews and research papers where the author either inadvertently, or despite themselves and their objections…
Florida County accepts Bitcoin as payment
Seminole County in Florida has become the United State's first government agency to accept bitcoin as a payment method. In a press release the office of Joel Greenberg, the Seminole…
CFO of Australia’s largest bank joins blockchain company
Rob Jesudason resigned his position as the Chief Financial Officer of the Commonwealth Bank of Australia and will join block.one as president and Chief Operating Officer. Mr Jesudason's departure is…
Legal action against Bitcoin.com
A group of over 900 individuals and businesses is pursuing a class action lawsuit against Bitcoin.com. Bitcoin.com is a private enterprise and is often confused as being the official website…
Editorial: More Hedge Funds to invest in Bitcoin
Hitting social media this week is news of two influential hedge fund managers investing in Bitcoin. George Soros, whom for most people would not require an introduction, has given the…
Exchanges to be registered in Australia
Digital currency exchanges in Australia are now obligated to register with AUSTRAC, the country's financial intelligence unit that is mandated to observe and collect data on domestic businesses with the…
Passport Capital launches Bitcoin hedge fund.
Passport Capital manages $4 Billion in assets and CIO John Burbank has set up a specific fund devoted to investing in Bitcoin and Blockchain related companies. The fund is investing…
Australian Taxaton Office consults public…
In response to several queries the Australian Taxation Office has released a statement requesting '...community consultation to help us understand practical issues experienced when complying with cryptocurrency tax obligations.' The…
‘Bitcoin will be the universal currency’ Jack Dorsey, CEO, Twitter…
Jack Dorsey, CEO and Founder of Twitter and Square simultaneously announced that Twitter would be banning advertising of cryptocurrency ICO's (does not include Bitcoin)and that within 10 years Bitcoin would…
John Oliver on Bitcoin and Alt-coins.
In his usual style of comedy and editorial John Oliver provides a humorous account of Bitcoin and alt-coins (alternative coins) on his show LastWeekTonight. Oliver highlights both the dramatic fortunes…
Bitcoin Price Fluctuations Due to MtGox liquidation
The steady decline in Bitcoin's price since December 2017 when it hit an all time of just under $20,000 could arguably be partly attributed to the liquidation of over 40,000…
Germany defines Bitcoin as legal tender.
The German Federal Ministry of Finance announced that Bitcoin and other cryptocurrency are 'the equivalent to legal means of payment'; meaning that cryptocurrencies can be used in everyday transactions as…
Israel Supreme Court defends crypto transactions
The Israeli Supreme Court decreed that banks may not prohibit crypto related transactions. In June 2017 Leumi Bank in Israel bagan blocking customer payments to bitcoin exchanges, the February 26…
Goldman Sachs invests in Bitcoin exchange
Circle Internet Financial, a company of which Goldman Sachs is a key investor, has purchased Bitcoin and other cryptocurrency exchange Poloniex for US$400 million. Goldman Sachs-Funded Circle Purchases Poloniex For…