The excellent collection of essays compiled for CoinDesk’s Future of Money Week began with a perfect summation of where money is going by podcaster Laura Shin: “It’s going to get a lot weirder.”Having just spent a few days in the madhouse of the non-fungib
While much attention focuses on the retail central bank digital currency (CBDC) ruminations of China, Europe and the United States, smaller jurisdictions are leading the way. For example, Uruguay, the Bahamas, the Eastern Caribbean Central Bank, Nigeria and Jamaica have each laun
Ross Ulbricht, the founder of Silk Road online marketplace that hosted everything from children’s books to ketamine, is selling a non-fungible token (NFT) with the proceeds going to his legal fund and children of incarcerated parents.Founded in 2011, Silk Road is often cite
With due respect to Jamie Lee Curtis, Eddie Murphy and Dan Aykroyd, the best piece of cinema ever made about financial markets is not “Trading Places” but “The Big Short.” It opens with a quote about the limits of knowledge: “It ain’t what you
Look at a map of Africa. It’s no miracle that so many of the borders are straight lines, and it’s no coincidence that these random straight lines have caused untold political complexities. In that way, African nations are like money: a fiction imposed on the entire gl
As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark. Days after Jack Dorsey announced that he was stepping down as Twitter CEO, the other company Dorsey runs announced that it was changi
A tree is an organism, but also a lumber reserve. After it is felled by a lumberjack, its story as an organism ends. But its story as a lumber reserve goes on, and its story as a house has not yet begun.Similarly, money is more than one thing. Traditionally, it is three things: a
Continuing a long trend of investing heavily in bitcoin as a treasury reserve asset, business intelligence firm MicroStrategy has bought the dip, putting an additional $400 million into BTC that it plans to hold for the foreseeable future.
Money is on most of our minds. But what would it look like and mean in the future? Before we think about the future, let’s take a very brief look at what money means and its history.The textbook explanation of money is a medium of exchange, a store of value and a unit of ac
As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark. Days after Jack Dorsey announced that he was stepping down as Twitter CEO, the other company Dorsey runs announced that it was changi
Financial advisors and the digital assets industry share a lot in common. They both deal with investments, technology, and the needs, wants, fears and concerns of people everywhere.But they also share an unfortunate lack of diversity.
The volatile nature of cryptocurrency makes it one of the most intriguing speculative investments today. The trademark scarcity of bitcoin, in particular, has given it the reputation of “digital gold.”Just like with any physical item of value, crypto investors should
Interest in the cryptocurrency markets came roaring back this fall, with bitcoin and ether both breaking their previous all-time highs just weeks ago. However, shortly after the breakout things turned south, and the market took nearly a 25% dip.While many investors and traders we
Timothy Draper, the billionaire venture capitalist and early advocate for bitcoin, thinks crypto is ushering in a new age of peace. And the future of the world economy is irrefutably linked to blockchain-based technology, he said on CoinDesk TV’s “First Mover” o
The shiba inu (SHIB) coin has had a really interesting week. Between late October and Nov. 28, the “Dogecoin Killer” meme token lost about half of its value in dollar terms. Then it surged more than 30% as the Kraken exchange announced it would list the token. Then, s
The shiba inu (SHIB) coin has had a really interesting week. Between late October and Nov. 28, the “Dogecoin Killer” meme token lost about half of its value in dollar terms. Then it surged more than 30% as the Kraken exchange announced it would list the token. Then, s
As regulators increase their attention on stablecoins, the stage is set for traditional banks to become all the more central to stablecoins’ adoption.Stablecoins have thus far served as an elegant solution for the cryptosphere. They provide a checking account-like asset ena
Interest in the cryptocurrency markets came roaring back this fall, with bitcoin and ether both breaking their previous all-time highs just weeks ago. However, shortly after the breakout things turned south, and the market took nearly a 25% dip.While many investors and traders we
If you want to live forever, you need a money fit for purpose. Bitcoin, for many, is the ticket. It’s the first, largest and most decentralized cryptocurrency. It’s widely adopted – from retail investors to pension funds to nation-states. It has a durable brand.