A Single Bitcoin – Long-Term Investment Strategy
This in from Zero Hedge, Jim Paulsen, the Chief Investment Officer of Wells Capital Management, has changed his hardcore bullish stance on the stock market to admitting in a Wells Capital letter to clients that the market is as overvalued…
Seizure of Cypriot Bank Shows the Need for Bitcoin
For the majority of people, money is the equivalent of food and water – access to it is life itself. If the money spigot is shut off, a lot of us would very quickly find ourselves wondering how we…
Bitcoin’s Babysitter Dilemma and the Domino Effect
Paul Krugman in 1998 wrote an article on the Capitol Hill Babysitting Co-op. Pascal-Emmanuel Gorby summarized Krugman’s point in this article in Forbes: The story of the baby-sitting co-op is that a bunch of people agree to baby-sit for one another,…