In July 2017 I wrote an article about dark money and crypto. Three years later, not much has changed, except the numbers have gotten bigger. “Dark matter roughly makes up 80% of the universe. Or so the physicists say. We know – or think – dark matter exists because the galaxies stick together when there is not enough observable matter to… Read More »
A liquidation spike, or death spike, last Wednesday, put thousands, if not tens of thousands of crypto-investors back to zero. Hard to see, but in the black box, there is a thin red line where the price of bitcoin goes down to $28700 USD for less than five minutes. Only 12 hours before, bitcoin was trading at $46K,… Read More »
Lately, my Twitter feed has been popping up with tales of ordinary folks paying off their mortgage with their massive gains on Dogecoin. Because in the last 3 months, Dogecoin has gone up five million percent or something like that. Maybe you feel a bit depressed because you think you missed out. Let me make you feel a… Read More »
I bought my first house in Vancouver for $418,000 CAD in 2003, from a flipper. The house had been sold a year before for $320,000. I felt bad buying as it was obvious we were in a housing bubble. But I was married with a toddler and another one on the way. And renting a house in Vancouver… Read More »
Financial markets are hot. But collectibles are even hotter: “Since the pandemic started, my financial portfolio has gone up 50 percent,” says Clement Kwan, “My collectibles went up by 200%.” (in an interview with News Chant.) Kwan is the previous president of Yoox Net-a-Porter and a founder of Beboe, an upscale line of hashish vaporizers and edible pastilles. And he… Read More »
The gif below is from txstreet.com, a website that shows Ethereum transactions on the blockchain happening in real-time For most people, staring at this animation would probably do more to further their understanding of blockchain technology than a 2000-word essay. One thing, to notice if you look closely, is that the train is crowded with passengers. If you think… Read More »
