Roubini Ratchets Up Rhetoric, Accuses BitMEX of Profiting from Terrorism

Following a heated debate against Arthur Hayes held on July 3 at the Asia Blockchain Summit, economist Nouriel Roubini wrote an article sharply criticizing not only crypto but Hayes’ business scheme. While some of Roubini’s concerns are legitimate, his over-emotionality seems to cloud his arguments in some cases. Crypto shitcoin-land is full of clueless, dumb…

Continue Reading



Op Ed: The Latest on FINRA and SEC Security Token and Custody Rules

On July 8, 2019, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) put out a joint statement discussing broker-dealer custody of digital asset securities.  These organizations aspire to address compliance issues faced by companies wishing to transact in “digital asset securities” (any kind of asset that is issued and…

Continue Reading



Why Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla

This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits…

Continue Reading



‘Don’t Worry, We Can Just Print More Money’ – Swedish Central Bank Ponders Even Lower NIRP

At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that don’t address the root causes of currency devaluation. Nor do they…

Continue Reading



Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?

Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. Deutsche Bank’s head of strategy Jim Reid recently noted…

Continue Reading