Investment Strategy
Published July 2021 In recent months, China has cracked down on bitcoin mining, which means other countries, and particularly the US and Canada, are gaining a larger share of the mining network. This article takes a look at Compass Mining, one of the investment opportunities that exists for investors in that space. Bitcoin Mining: Coming … [Read more...]
Published June 2021 Most asset classes have some degree of controversy. Investors will debate endlessly regarding whether a stock is overvalued, whether bond yields make sense for the current environment, to what extent oil will be used two decades in the future, and so forth. But few asset classes are quite as controversial as gold, … [Read more...]
Over the past decade, the bitcoin network has been the most secure public blockchain. This is because it has by far the highest market capitalization and hash rate in the asset class, along with customized hardware required to mine it, meaning that the cost for a potential attacker to try to control 51% of the hash rate for a lengthy period of … [Read more...]
One of the most powerful things to look for in an investment is a network effect. A network effect is an attribute of a company or other system such that as more people use the network, the network becomes exponentially more valuable for each user. It's one of the strongest economic moats that a system can have against competitors. This … [Read more...]
Several months ago, I began exploring the lending ecosystem around bitcoin and other digital assets, and in particular found BlockFi to be interesting. With BlockFi, folks can earn interest on their bitcoin or their cash, or use their bitcoin as collateral for low interest loans. This article explores how that works and what the risks and … [Read more...]