My daughter must have been about 7 years old when she asked me to increase her allowance by $2—just for that week, she begged—because she needed a couple of bucks more to afford something at the store. She promised, “It’s just this week, Dad. Really.” Ha! That $2 was not just for that week. It became as permanent as a stately, ancient oak—rooted deep in [Read More] …
My Plan to Buy Property That Doesn’t Exist
How to Profit From Video Games…Without Even Playing I’m in the market for some property…of an entirely different sort. The property I want to own doesn’t exist. Well, actually, it does exist. I guess. Just not in the way that you and I would reflexively define “property.” The property I want to own is digital. And, crazy as this [Read More] …
Weekly Digest: The Beginning of the End for Traditional Banks?
Plus, New Zealand Acts to Tame Inflation Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. First up this week…a question. What’s the #1 advantage that traditional banks have over decentralized finance? Well, it’s certainly not returns. So-called crypto-banks—DeFi institutions that offer traditional financial services such as [Read More] …
“Diamond Hands”—The Key Thing You Need to Invest in Bitcoin
My Crypto Account Dropped by $60K…And I Didn’t Care I recently had a reader chide me. Several weeks ago, I shared my positive outlook on bitcoin—as I always do—when it was trading somewhere in the mid- to high-$40K range. Then bitcoin—as it always likes to do—promptly sank to the low-$40K range when China—as it always does—announced yet another yawn-inducing ban on crypto. [Read More] …
Could America Really Split Into Different Countries?
A Shocking Number of Americans Want to Break Up the U.S. It was just about 10 years ago. I was dining in Madrid at Sobrino de Botín, the oldest restaurant in the world, with a bunch of colleagues who’d gathered to think big thoughts about tomorrow. The question was asked. Best I can recall, it was something along the lines [Read More] …