Category Archives: News

Lehman Brothers Says Hi: Silicon Valley Bank Just Went Under

The failure of Silicon Valley Bank is the second largest in US history. The bank had US $209 billion in assets and US $175.4 billion in deposits at the time of failure, according to the FDIC. In comparison, Lehman Brothers on Monday, September 15th, 2008, filed for Chapter 11 bankruptcy protection citing bank debt of $613 billion, $155 billion… Read More »

Three Obstacles to Ethereum World Domination

Lawyers, Lawyers, Lawyers Everywhere ETHDenver is supposed to be a conference for developers, but there were lawyers everywhere. This does not sound good until you realize where there are lawyers, there is … money. The number one topic at ETHDenver was the machinations of the head of the US Securities Exchange Commission SEC Gary “I will prosecute a… Read More »

The Tooth-to-Tail Ratio in Investing: Attending ETH Denver

n a software company (crypto project), who creates value?   Answer: the software developer.   This should be obvious. But over the years, I’ve had a large number of startups hit me up for financing that don’t even have a development team (but instead have a really nice Powerpoint file).   In that investor presentation, there are always… Read More »

You Probably Need Help About Your Bull Market Denial

If that chart doesn’t convince you that the bull market has started, nothing will. Some people refuse to believe. My Twitter feed this week has been filled with the anguish of bears who are slamming out multiple tweets that this is nothing but a great bull trap. Ethereum is up “only” 43% this year. Bitfarms, my favourite public… Read More »

The SEC Drops the Hammer on Kraken and That Makes Me Happy

Yesterday the US Securities Exchange Commission shut down Kraken’s staking-as-a-service product offering and this legal action will be the death of crypto, according to every article I have read so far. This goes to show you, that the people writing about crypto today were not writing about crypto back in 2017, or even 2020. Back then, most of the… Read More »

Should You Listen to Charlie Munger When it Comes to Crypto?

If you missed it, Charlie Munger penned an opinion piece in Wall Street Journal a few days ago calling for the banning of crypto (warning paywall): It isn’t a currency. It’s a gambling contract with a nearly 100% edge for the house. Here we go, again. Now before I start taking a piece out of Munger, let me… Read More »