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
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
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
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
Cryptocurrency has an odd and insular community. It attracts anarchists, cypherpunks, libertarians, and cast-offs of all sorts and thrusts them into a world of entrepreneurs, financial professionals, and government officials.Its leaders openly mock our modern institutions of finance, ridicule our policymakers, scorn our regulators, and belittle those who envision a world that doesn’t mesh with … Continue reading Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency
Bitcoin's price crashed from $14,000 to $7,000 between July and November 2019. This drop triggered panic and despair. A new wave of commentators claimed "bitcoin is dead / blockchain is useless" and some HODLers gave up. Yet the price remains up 100 percent since the beginning of this year. Many hope this most recent dip … Continue reading Three Reasons the Next Bitcoin Rally Will be Monumental
Bitcoin's price doubled this year, spiking from $3,200 to $14,000 before settling into its current price of roughly $7,000. In bitcoin terms, a very disappointing year. Not as bad as 2018, when price fell 86 percent, but it's also not a great way to end the year with a 50 percent drop. When you add … Continue reading Bitcoin’s Dead. Blockchain Sucks. Time to Sell?
I usually post on Fridays but Karthik from AC Market passed along this infographic, Blockchain in Mobile Application Market. I figured you might want to see it, ergo I posted it on this page. Have a look: To my U.S. readers: Happy Thanksgiving!
Bitcoin is dead. As a conversation topic, that is. Did you see today's price drop? Price of bitcoin on November 22, 2019. Even Stephen Colbert doesn't want to hear about it (wait for the 1 minute mark): https://twitter.com/colbertlateshow/status/1192617734091288582 Google trends shows bitcoin's popularity keeps sinking: Google trends data for bitcoin, November 22, 2019. Worse, nobody … Continue reading Why Nobody Will Talk About Bitcoin This Holiday Season
If you haven't heard of the Crypto Rating Council, join the club. Most people haven't. CRC rates the likelihood U.S. regulators will classify your favorite cryptocurrency as a security. This helps you know which tokens can and can’t be traded on U.S. exchanges---and which ones might get de-listed if the government says so. Props to … Continue reading Crypto Rating Council: Most Underappreciated Development of 2019?