"The Sovereign Individual" Investment Thesis

November 12, 2019.  Information technology alters global power dynamics in a few key ways: Instant information dissemination reduces commercial and jurisdictional barriers to entry and barriers to exit. This increases competition by facilitating global entrepreneurship.The creation of non-sovereign, digital money decreases the power of...
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Bitcoin is Not Backed by Nothing

September 27, 2019. Contrary to popular belief, bitcoin is in fact backed by something. It is backed by the only thing that backs any form of money: the credibility of its monetary properties. Money is not a collective hallucination nor merely a belief system. Over...
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"Bitcoin in 20 years" by Daniel Jeffries

November 03, 2017. Today I came across an amazing futuristic view of the bitcoin and blockchain future by Daniel Jeffries. He makes a set of predictions what we may see in the next 20 years in this field. For all my friends who don't have...
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Bitcoin 2019 Annual Review

January 2, 2020. I’ve always been fascinated with the raw numbers relating to the operational status and growth of Bitcoin, especially as we ride the rollercoaster of the adoption life cycle. It’s why I created Statoshi.info in 2014 to track bitcoin metrics...
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The inside story of Binance’s explosive rise to power

November 16, 2019. How Binance escaped China, rode the Bitcoin bull, made half a billion dollars in one year and plans to revolutionize money. NEW YORK—Not too long ago, I was shacked up in a cheap hostel, in Manhattan. The window was open to...
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Why Decentralization Matters

February 18, 2018. The first two eras of the internet : During the first era of the internet — from the 1980s through the early 2000s — internet services were built on open protocols that were controlled by the internet community. This meant that people or organizations could...
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The Trillion Dollar Lawsuit

November 7, 2019.  One year ago exactly, I wrote my first piece about a stablecoin called Tether. A year later, uh, wow: From legal action introduced last month: Leibowitz et al. versus iFinex et al., US District Court.-A complaint is not the same thing...
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