Monday, 4 December 2017

https://johnhcochrane.blogspot.co.uk/2017/11/bitcoin-and-bubbles.html
Bitcoin is not a very good money. It is a pure fiat money (no backing), whose value comes from limited supply plus these demands. As such it has the huge price fluctuations we see. It's an electronic version of gold, and the price variation should be a warning to economists who long for a return to  gold. My bet is that stable-value cryptocurrencies, offering one dollar per currency unit and low transactions costs, will prosper in the role of money. At least until there is a big inflation or sovereign debt crisis and a stable-value cryptocurrency not linked to government debt emerges.



Tuesday, 28 November 2017

A good run down..
Bitcoin Surges Over $9,500 After Korea's 2nd Biggest Bank Tests Crypto Wallet For Customers
http://www.zerohedge.com/news/2017-11-26/bitcoin-soars-above-9000-hits-new-all-time-high-burst-asian-buying


Wednesday, 1 November 2017





Hedge Funders: You No Longer Have Any Excuse Not To Leap Headlong Into The Bitcoin Frenzy
https://dealbreaker.com/2017/10/hedge-funders-no-excuse-bitcoin-frenzy/

Understanding Segwit2x: Why Bitcoin's Next Fork Might Not Mean Free Money https://www.coindesk.com/understanding-segwit2x-bitcoins-next-fork-might-different/


















Tuesday, 3 October 2017

Monday, 25 September 2017

A nice introduction how MBA students are taught about bitcoin


Tulip Crypto currency mania the flowers  ICO that cost more than houses


Thursday, 21 September 2017

If I'd Known What We Were Starting
https://www.linkedin.com/pulse/id-known-what-we-were-starting-ray-dillinger/
'Satoshi doesn't want the credit. Two years later he walked away and left the pseudonym behind. And hard as this may be to believe, it looks like he doesn't even want to be paid for it. As far as we can tell he mined approximately a million Bitcoins and has never sold a single one of them.'


"In Cryptography We Trust."
Searching for Problems? James Altucher to Bitcoin Critics: You're Dead Wrong
https://www.coindesk.com/searching-problems-james-altucher-bitcoin-critics-youre-dead-wrong/

Tuesday, 1 August 2017

bitcoin sludge

book review Attack of the 50ft block chain
'Cost of the system is in the exceptions'
Bitcoin allows digital bearer assets, a central resistant mechanism to moving money around.
https://soundcloud.com/user-544122300/gerardpod

also wroth a listen , chat on Bitcoins
https://soundcloud.com/user-544122300/ftavchatsicos

next few weeks of bitcoin currencies 
http://www.icocountdown.com/



Tuesday, 27 June 2017

'The great truth is that cognition mimics sensation'

Charlie Munger full speach
http://www.tilsonfunds.com/mungerpsych
and video



Thursday, 8 June 2017

http://thereformedbroker.com/2017/06/07/today-in-absurd-tribalism/
And this forces us to ignore unpleasant contradictions or to deny obvious facts outright. It causes cognitive dissonance and we resolve this uncomfortable feeling in our minds and souls in whatever way we can, just to make it stop.
Partisans from both ends of the political spectrum are constantly forced to do this and always have been throughout history. What’s different this time is the degree to which Republicans are being forced to twist their minds into pretzels in order to get through the day. It’s unprecedented. And it’s not just the degree – it’s the sheer amount of times they’re being forced to by their party’s choice for President. No other US President has ever put the members of his party through something like this. The psychological damage will persist long after the constant lies and controversy begin to fade.



Never hold hands

'What are you wearing tomorrow?'
'Red and Black'
'me too'

Friday, 2 June 2017



Super Ponzi, it’s a ‘smart’ Ponzi
https://ftalphaville.ft.com/2017/06/01/2189634/its-not-just-a-ponzi-its-a-smart-ponzi/

Contrast that with the United States, which saw emissions drop a whopping 3 percent last year as a result of the continuing (shale-enabled) transition from coal to natural gas.  {FACT CHECK PLS)

Monday, 22 May 2017

Behavioural economics: What we know and how it could be mainstreamed
http://voxeu.org/article/mainstreaming-behavioural-economics

Interview With Marc Andreessen: Masters in Business
https://overcast.fm/+F21zqtZ84

'Blockchain technology may benefit the emerging economies more than the developed world as they leapfrog to latest solutions while implementing new systems for the first time. Read more...'
http://www.newsbtc.com/2017/05/21/blockchain-technology-emerging-markets/