BTC vs. ETH Part 1: Basic Differences between bitcoin & Ethereum I’m often asked, “why bitcoin?”, “why not ethereum?” and “what about diversification into cryptocurrencies?” There’s a lot that can be said on this topic so I’m going to break it up into bite-sized chunks. In part 1, I’ll tackle the similarities between bitcoin and … More Bitcoin, Ethereum or Crypto?
Have you ever wondered why it’s challenging to buy a house and save for your family’s future? Debt and its unequal impact on wealth is the focus of this edition of the Sound Money Money. TLDR: Debt is driving wealth inequality. Society will remain at loggerheads until the short-term policies which encourage debt growth are removed. … More Sound Money Monthly: (ed. 3) Debt’s unequal impact on wealth
Bitcoin has developed a strong correlation with “risk assets” in 2020. A stronger correlation between bitcoin and global equity markets is an understandable concern for those who consider bitcoin an independent store of value. In this article, I dispel these risk-asset fears. TLDR: the drivers of equity and stores of value can temporarily overlap, but … More Dispelling bitcoin risk-asset fears
TLDR: Emergent crypto banks offer an attractive opportunity, which highlights the innovative potential of crypto vs. ridiculously low rates and high fees in traditional banking. Obviously, crypto yields don’t come without their risks. One could even argue that centralised finance is completely against the ethos of bitcoin. KYC, custody, credit risk and ethical concerns must … More Crypto Banking: Yield, Opportunity and Risks
I’m often asked, “how much crypto should I hold?” Difficult question to answer. It depends on your conviction in the asset class. One thing is clear in my mind, if you have any interest in managing your personal finances and aren’t living pay-check to pay-check, your allocation should be greater than 1%. In this article … More Bitcoin is a no-Brainer Allocation | Get off zero!
Crypto volatility is tough to digest for new holders. Here are 5 pointers to assist you in this process (purpose, strategy, price sensitivity, expectations and cheaper): 1. Purpose: Why did you purchase? If you have a strong fundamental reason for holding an asset, its easier to digest volatility. For example, I think bitcoin creates a … More Digesting Crypto Volatility
This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread
The recent gold all-time highs supports the store of value theme, which further increases my confidence for bitcoin’s price prospects over the coming quarters. Technical analysis suggests that the price rise above $10,000 is an important development for bitcoin, but the price remains well below all-time highs, which would be the final confirmation of the … More Bitcoin Bulletin: accumulation phase intact
With 200%+ returns per annum since 2010, Bitcoin has generated one of the best investment returns in recent years, perhaps ever! It has also experienced massive volatility and huge drawdowns during the 4 bull and 3 bear markets since its creation in 2009. HODLers who average their purchase prices through time and don’t intend to … More Bitcoin Investment Analysis | Preparing for the coming bull-market
The 1920s-1930s and 1960s-1970s are two periods with remarked monetary disorder, similar to today. After reading Rothbard’s America’s Great Depression, I read French economist Jacques Rueff’s “the monetary sin of the west” to gain a few insights on the 60’s. The world was meant to be on a gold standard during both the 20s and … More The Monetary Sin of the West
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