Jonny Fry Posted

2 Years Ago |

Slaying the myth of Bitcoin scarcity

Written by Efi Pylarinou

 

It was my 2nd year at Salomon Brothers on the 37th floor of the 7WTC when the Orange County Derivatives failure happened. If you read until the end of this article, you will find a brief resume of what happened then (History repeats itself) as a reminder that liquidity crises happen again and again - and when they do, we all discover a governance glitch the size of an elephant. Salomon Brothers, by the way, got the mandate to liquidate, in an orderly fashion, the Orange County portfolio which was loaded with...

Slaying the myth of Bitcoin scarcity

Written by Efi Pylarinou

 

It was my 2nd year at Salomon Brothers on the 37th floor of the 7WTC when the Orange County Derivatives failure happened. If you read until the end of this article, you will find a brief resume of what happened then (History repeats itself) as a reminder that liquidity crises happen again and again - and when they do, we all discover a governance glitch the size of an elephant. Salomon Brothers, by the way, got the mandate to liquidate, in an orderly fashion, the Orange County portfolio which was loaded with

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Jonny Fry Posted

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...

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

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READ MORE

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