Category Archives: Cryptocurrency
“Is it priced in?” – thoughts on valuing BTC and the upcoming Halving
Is the Bitcoin halving priced in? If so, when did that happen? Are all future bitcoin halvings priced in today? I promise to come back to these questions, but first I’ll explore the idea of information and events being “priced … Continue reading
Millennials and Crisis
(this is a repost of an essay I wrote in 2016, perhaps more relevant today.) Investors, This is going to be a very strange commentary, almost entirely sociological in nature. I think I’ve found a useful lens to explain a … Continue reading
Thoughts on Cryptocurrency Lending
There’s two basic models, custodial and non-custodial. The vast majority of options are custodial, and that means a third party has your coins. This entails counterparty risk. What is a reasonable return to lend out your Bitcoin? Is 6% good? … Continue reading
Some high level thoughts on cryptocurrency governance
This essay is an overview of some high level concepts in cryptocurrency governance, followed by some specific examples. Governance: Control and Power Governance is the process by which the members of a community or organization make decisions. More than any … Continue reading
Early stage valuations fall to earth
I initially wrote the following as an internal memo to our team this morning, but thought it might be interesting to the broader crypto world. We’re seeing something play out in real time (but slow motion) that we’ve long expected. … Continue reading
Forbes Article: It’s 1994 in Cryptocurrency
Comparing Cryptocurrency in 2017 to Tech in 1994: https://www.forbes.com/sites/apaul/2017/11/27/its-1994-in-cryptocurrency/
Ari Paul