Has the Commute Economy Peaked?

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

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.

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

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

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

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

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

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

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

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?

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.

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…

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…

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…

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…

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…

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…

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…