Hedge Funds Hit Record 3 Trillion Assets Under Management: Shades of 2008
This out of Bloomberg: the hedge fund industry that (in part) brought us the great crash of 2008, now about more than three TRILLION dollars under management. This is a doubling of the amount of money under hedge fund control…
What Was In Trump’s Inauguration Address
Why we need a non-government backed, no-need for banks, decentralized, world-wide, deflationary currency: The fact of the matter is, no matter how technologically cool Bitcoin might be, it still has a long, hard, uphill battle to fight if it’s going…
Endless War and Bitcoin
Why do we need a global, decentralized, completely trusted, deflationary monetary system? This morning NPR is running an article titled “After 8 Years Of Unbroken War, Obama Hands Over Conflicts To Trump.” This article caught my eye because of the…
Bitcoin and a Better Government
We have a problem with authority. Always have done. It started in ancient times when the strong lorded over the weak and got called god-kings. Over time, people recognized that kings were not gods, but then we got the divine…
On Trump, Clinton, Bitcoin, and the Nature of Political Debate
I’ve been watching the presidential campaign over the last couple of years, and some pretty obvious things have become even more obvious to me: Invective and rancor have completely swamped any real discussion of the problems the country faces and…