Bad Internals – CHAINLETTER 76

Bad Internals – CHAINLETTER 76

Summary We discuss the lacklustre performance and declining activity of Bitcoin. Diminishing transaction fees continue to pose a long term threat to miner rewards, especially with the halving only two years away. The only buyers seem to be the progeny of Wall Street...
Wars Cost (Other People’s) Money – CHAINLETTER 74

Wars Cost (Other People’s) Money – CHAINLETTER 74

Bitcoin priced in gold has fallen further in this downcycle than in either of the previous two. In terms of the world’s oldest money, this is the worst crash in bitcoin’s history. It absolutely makes sense to de-risk a gold position by adding to BTC.