Switching It Up

As the market picks up and my profile rises, I've started getting a lot of demands for my time. Too many. Some of them self-inflicted! I publish every week, sometimes more often. On top of that, I push out a monthly newsletter to my email list and post on Quora. Also, I continually get people … Continue reading Switching It Up

Bitcoin’s Next Move: an Elliott Wave Theory

Price arrow with trader making notes

In all my conversations about cryptocurrency, few people ask me about the social, political, and economic impact of cryptographically-secure, time-stamped distributed ledgers. (Which stinks, because I wrote a book, Consensusland: A Cryptocurrency Utopia, to explore that very topic.) No, most people ask “should I buy bitcoin?” or "what altcoin will give me the best shot at making 100x profits?" Those are easy … Continue reading Bitcoin’s Next Move: an Elliott Wave Theory

2020: The Year Wall Street Takes Over Cryptocurrency

Wall Street street sign

Fresh off the German government's decision to let banks store and sell cryptocurrency, Deutsche Bank predicted cryptocurrency will go mainstream by 2022 and eventually replace cash. A cynic might call out DB for hyping crypto now, when they finally have a chance to make money off of it, and not sooner (when they couldn't make … Continue reading 2020: The Year Wall Street Takes Over Cryptocurrency

Education Will Not Get People to Use Bitcoin—Here’s Why

Boy with head in his hands

A few weeks ago, I introduced somebody to Brave, a browser that works faster than other browsers, uses less energy, blocks trackers, and pays a little cryptocurrency, Basic Attention Token (BAT), to everybody who uses it. After she installed it on her laptop, she asked me when she'll get her bitcoins. There are no bitcoins. … Continue reading Education Will Not Get People to Use Bitcoin—Here’s Why

A $100,000 Bitcoin Will Not Lead to Mass Adoption

Mainstream stamped on top of silhouettes

Everybody expects bitcoin's price to hit $100,000 eventually. Stock-to-Flow models, regression analysis, and lots of other models predict it will happen. It's fun to get excited about a $100,000 bitcoin. Many people say this will lead to mass adoption, widespread mainstream acceptance of bitcoin. We just need to hit that psychological target. I beg to … Continue reading A $100,000 Bitcoin Will Not Lead to Mass Adoption

People Will Not Use Bitcoin Because You Give it to Them (And That’s OK)

Professor offering bitcoin.

You've probably noticed a meme that's gone around the cryptosphere for the last few years. Basically, it's "give somebody bitcoin and they'll realize how good it is." Lolli does this and many people think it will get the mainstream to use bitcoin. A few months ago, Michael Nye tweeted some good, brief tips on talking … Continue reading People Will Not Use Bitcoin Because You Give it to Them (And That’s OK)

People Will Not Care About Cryptocurrency Until One Thing Changes

Bitcoin not accepted here.

This Tweet: https://twitter.com/Bitcoin_Bacon/status/1201611036929019904 Hey @bitcoin_bacon, guess what? That doesn't give me confidence. Why would anybody have confidence in a currency that most of its holders don't even use? And if HODLers don't even use it, why should I? Here are some other things that haven't moved in a year: 99% of rocks.93% of posters.84% of … Continue reading People Will Not Care About Cryptocurrency Until One Thing Changes

Cryptocurrency Will Go Mainstream in 2020 (in the U.S.) and Other Bold Predictions for the New Year

Everybody's making predictions about 2020, mostly about the price of bitcoin. That one's easy---it will hit $38,000 by the end of the year. Everybody knows that. Here are four more predictions for 2020, including one prediction nobody's even thinking about. Crypto will go mainstream in the U.S. In 2020, we will for the first time … Continue reading Cryptocurrency Will Go Mainstream in 2020 (in the U.S.) and Other Bold Predictions for the New Year

Five Altcoins You Need to Buy in 2020

Man throwing money from a sack

Ah, yes. A new year's upon us and everybody wants to know what crypto they should buy. Why do they ask? I think we both know the answer to that question. Nobody has ever asked me about the potential social and economic impact of cryptographically-secure, time-stamped distributed ledgers. (Which stinks, because I wrote a book, Consensusland, exploring that very topic.) … Continue reading Five Altcoins You Need to Buy in 2020

Prepare for the Tokenization of Everything

Poker chips

Last week, I published "Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency," the first in a series of articles that will explore how we talk to others about crypto. With each new article, I'll share some reflections about how to build bridges between crypto and "the mainstream" based on my views and … Continue reading Prepare for the Tokenization of Everything