Saturday, 11 January 2020
Why Eth When You Can Tron and EOS?
Friday, 10 January 2020
BItcoin as Retirement Savings
The volatility of bitcoin has effects that we don't yet fully understand. It can be scary and exciting which temps many people to speculation in the short term, but in the long term this tends to fade out. The hodler perspective is long term.
For me I treat my stash of sats like retirement savings. In a way over the long term the investment performance is more certain and when compared to my regular retirment savings plan, it out performs and has many benifits. in some ways it is more secure. For example in NZ the goverments controls when you can withdraw from your Kiwi Saver scheme, Ie; only to buy your first home, in an emergency or when you retire. These rules can be changed. In addition to this the funds are actually held by banks, who charge fees and have some counterparty risk. This makes two trusted parties.
Overtime counter party risk with traditional retirement investments adds up and gains from long term investment in bitcoin become more predictable. I think it could become the worlds retirment plan for the new 2020 decade.
For me I treat my stash of sats like retirement savings. In a way over the long term the investment performance is more certain and when compared to my regular retirment savings plan, it out performs and has many benifits. in some ways it is more secure. For example in NZ the goverments controls when you can withdraw from your Kiwi Saver scheme, Ie; only to buy your first home, in an emergency or when you retire. These rules can be changed. In addition to this the funds are actually held by banks, who charge fees and have some counterparty risk. This makes two trusted parties.
Overtime counter party risk with traditional retirement investments adds up and gains from long term investment in bitcoin become more predictable. I think it could become the worlds retirment plan for the new 2020 decade.
Saturday, 5 October 2019
Paypal says Nope to Libra
There goes one 10 million dollar partner. Its not looking so easy or so good for Facebooks endeavor into crypto currency, Libra.
https://www.bloomberg.com/news/articles/2019-10-04/paypal-pulls-out-of-facebook-led-libra-cryptocurrency-group?srnd=cryptocurrencies
https://www.bloomberg.com/news/articles/2019-10-04/paypal-pulls-out-of-facebook-led-libra-cryptocurrency-group?srnd=cryptocurrencies
Bloomberg is Trying to Stir or Joining the Debate
It's Ether huffers and matrix purple pills all around. Go Ashleigh Schap!
https://www.bloomberg.com/
You can never meet all the requirements of all countries and jurisdictions. They are overlapping and contradictory. The founders of MakerDoa seem to be corrupted by money in New York and are not thinking big enough. It seems like a great service though and proof that crypto finance is growing strongly. There are more and more options to make interest on your crypto savings.
https://www.bloomberg.com/
You can never meet all the requirements of all countries and jurisdictions. They are overlapping and contradictory. The founders of MakerDoa seem to be corrupted by money in New York and are not thinking big enough. It seems like a great service though and proof that crypto finance is growing strongly. There are more and more options to make interest on your crypto savings.
Sunday, 29 September 2019
Casascius Coin - Advanced Cash
Backed by bullion and the blockchain, what once was security is now just novel and practical for such sums.
We have some big holders here to keep on the radar. You can see the stats and the movements here. I think having the ability to see when these coins are transferred off of the coin is quite revolutionary.
We have some big holders here to keep on the radar. You can see the stats and the movements here. I think having the ability to see when these coins are transferred off of the coin is quite revolutionary.
Saturday, 7 September 2019
Friday, 19 July 2019
Gold Bugs are Getting Shilled
So many gold bugs feel they have to rebut the #dropgold buy bitcoin campaign. They don't realise they have been shilled. Greyscales add is a great example of Bitcoiners mastery of online tactics. Do we really care, most of us like gold, but it gets lots of attention, #Dropgold is the ultimate shill, gold bugs should stop fighting and jump on board.
credit image GrabCad
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