2 Years Ago

Do not choose between Bitcoin and gold: own both
By Charlie Morris, CIO, ByteTree Asset Management

The idea is that bitcoin is the new gold. It is secure and robust, with a fixed supply not dissimilar to gold. Given enough time for it to catch on, it will surely supersede gold. Or will it? In terms of security and supply, gold and bitcoin are equals. But having followed the gold market for 23 years and bitcoin for 8, the differences become glaringly obvious. In terms of demand, their dynamics are poles apart. When people think about bitcoin, their first thought is likely...


READ MORE

Current trends on cryptocurrency in the English courts

Written by Martin Bartlam and Nick Kosloff at DLA Piper


Cryptocurrencies mainly exist as a form of digital asset recorded using distributed ledger technology. The best known and largest is Bitcoin, where the distributed ledger technology involves participating nodes competing to solve cryptographic problems, generating a Bitcoin reward through the right to add more “blocks” to the chain. The proprietary nature of a cryptocurrency is complex by virtue of its only having digital existence which relies primarily on the protocols and functioning of the peer-to-peer network in which it exists. Cryptocurrencies are visible on...


READ MORE

Trading tokenised funds: efficiencies and challenges 

Written by Peter Habermacher, CEO Aaro Capital

The size and popularity of mutual funds are mind boggling. In the US alone, almost half of US households own shares of mutual funds, and their net assets were just under $24 trillion in 2020. Is there scope for using blockchain technology to process transactions and record share ownership in this asset class? Even if moderate efficiency gains can materialise, the sheer size of this market has the potential to generate one of the strongest use cases for blockchain technology. In this note, we discuss the potential efficiencies and...


READ MORE

If banks are from Mars, then cryptocurrency and blockchain are from Venus

Written by Helen Disney from The Realization group


This has largely been the status quo for over a decade since the birth of the Bitcoin network in 2008. However, could the planets now be aligning themselves as a convergence between traditional finance (TradFi) and decentralised finance (DeFi) becomes a reality? Of course, there have been sporadic forays by banks and institutional investors into the world of crypto and blockchain before now. Tokenistic (no pun intended) as some banks’ previous announcements may have been, there have certainly been some innovators and...


READ MORE

Joined 7th February 2019