How are blockchain technologies and cryptocurrencies impacting the socioeconomic and geopolitical landscape of our planet? Our Blockchain Cryptonian articles are intended to help answer big questions like these. The Blockchain Cryptonian was originally created when we were managing the Echo Blockchain Technology Group, which was a blockchain/cryptocurrency advisory service for our AngelPay Foundation merchant members. Gini inherited […]
In a refreshingly rational and candid speech, SEC Commissioner Hester M. Peirce recently drove home a point that our team has been making for years: Laws and regulations in the cryptocurrency markets should be implemented to punish actual convicted criminals, not to coddle American citizens by arbitrarily picking and choosing which cryptocurrencies and crypto-based products […]
Living in Denial About the Economy. I still see many Americans living in denial about the fate of the USD. Even when they know that past performance is not a guarantee of future performance, they still say things like “Yes, the 2008 bailouts were bad, but our economy has stabilized and we’ll be OK.” No, […]
If you take the time to read this article, you will learn three important things: (1) Why cryptocurrency “Market Cap” is broken; (2) How to fix the “Market Cap” (actually, what to replace it with); (3) How to resolve the violent volatility that is holding back all cryptocurrencies from becoming truly stable currencies for real-world […]
Somebody recently asked me: “Can other cryptocurrencies reach the $10,000 point like Bitcoin?” Below is a summary of my responses. Yes, the Price of Any Well-Designed Cryptocurrency Can Reach $10,000 and Far Higher. To understand why this is true, we need to understand how asset prices and economic price levels work. The price of any asset […]
Bank of America has more blockchain patents than any other company on Earth, including IBM, Google, Facebook, and other Silicon Valley tech giants (source: Bloomberg). JPMorgan and Wells Fargo also have a relatively large number of blockchain patents. And banking corporations in general have already collected a large percentage of total issued blockchain patents. Why? I […]
Last year we predicted this would happen in 2018 and now the hammer has dropped: U.S. regulators have begun to assert their control over the cryptocurrency markets. From an economic policymaking perspective, this is very big news. (See the first CFTC Customer Protection Advisory.) Many people involved in the cryptocurrency markets are understandably wary of […]
“How Much Money Can I Make from Gini Compared to Bitcoin?” This is a question we’re asked frequently. The answer to this question depends on many factors (of course), but we can provide some historical data and an analytical framework that we use to justify our own perception of the long-run value and potential price […]
Who Should We Trust? The image above was originally created for another Gini article as an expression of our team’s belief that Gini is the only cryptocurrency project today that has any chance of achieving what should be the three most important goals for every cryptocurrency project: (1) transaction privacy, (2) sustainable and equitable monetary system, […]
Since the beginning of 2018, the cryptocurrency markets have been on a wild ride. Total cryptocurrency market capitalization reached $832 billion on January 7th, 2018. As of March 30th, 2018, crypto market cap is down to $272 billion, which is a 67% decline from the record highs in January. That seems bad, but it’s not even […]
I usually try to focus on the good in people and processes, but when I watched this video, it was impossible not to think, “What a grotesque waste of human, economic, and natural resources!” Obviously, these Bitcoin mines create “jobs” and help to feed a tiny number of families, but a society/economy that creates factories that […]
A member of our community asked: “When bitcoin drops – EVERYTHING drops. Why does it have to be that way?” Thank you for asking such a good and honest question. Many people don’t understand this issue. So . . . . Correlation Risk. In investment portfolio management, there is a concept called “correlation risk.” In this […]
I was heavily invested and involved in another major cryptocurrency project before I realized how unsustainable their monetary policy is. One of the members of that community said to me: I am not 100% sure what the ultimate “function” of [our] community is. . . After learning many important lessons from that project, if somebody […]
Some people acknowledge that the Stake Stream feature within Gini’s Value Streams System creates structural incentives for stakeholders to save their Gini, but they wonder if it might have long-run deflationary consequences. Let’s spend a few minutes debunking the sinister myth that fuels the fear of runaway deflation in any economy. The Origin of Deflation […]
