The Party is far from over…

With stock markets plunging this past week, the conventional wisdom is saying that we are due for a sharp pull back in equities, citing various factors such as a potential win by the Democratic Party in the 2020 elections, and even the coronavirus being blamed for disruptions in the supply chain of global manufacturing. At […]

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Plato’s Allegory of the Cave and Bitcoin: Identifying the Shadows and the Responsibility to show the way to the Light

In Plato’s Allegory of the Cave, the story goes that a group of people are chained to a wall inside a cave, where they see shadows projected on a wall in front of them. These shadowy projections are made from objects moving in front of a fire behind the prisoners. Therefore, the shadows are their […]

Read More Plato’s Allegory of the Cave and Bitcoin: Identifying the Shadows and the Responsibility to show the way to the Light

When the Wall Street Journal gets it wrong, it’s time to start behaving like a contrarian

When the WSJ editors allow this to be published, they may as well just say “we didn’t bother to do any research, but the sentiment seems bad so let’s get something written up from a skeptic’s perspective, so we can stay relevant”. Writing for the WSJ, Paul Vigna writes that Bitcoin is like ‘private money’ […]

Read More When the Wall Street Journal gets it wrong, it’s time to start behaving like a contrarian