Field Notes Premium Edition

Tell me you don’t understand cryptocurrency without telling me you don’t understand…  To wit, Federal Reserve Chairman Jerome Powell’s recent comment in a congressional committee meeting: “You wouldn’t need stablecoins, you wouldn’t need cryptocurrencies, if you had a digital U.S. currency. I think that’s one of the stronger arguments in its favor.”  Lots to unpack here…   I know [Read More] …

Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world.  You may remember from last week’s mailing that I was planning to bring you this edition from the beautiful Mediterranean island of Malta.   Well, in this age of COVID, the best laid plans of mice and men—not to mention travelers—often go awry.   Earlier this week, just [Read More] …

Every week it seems, a bureaucrat, a technocrat, or a lawmaking body somewhere does something or says something so boneheaded or frightening that it makes me think, “Yep—gotta have an escape hatch.”  Two popped up in my newsfeed last week:  Texas has passed a law that will essentially deputize ordinary citizens—including people who live outside of Texas—to sue [Read More] …

Back in April, I send you a video showing you how I built a cryptocurrency mining rig in my apartment here in Prague. (If you missed that video, you can view it here.) Well, today I wanted to send you an update since my mining setup has grown considerably over the past few months. In [Read More] …

You never realize the impact you have on your kids until you hear your very own words flying back at you. And then you think, “Damn—I’m smart!”  That was the actual thought I had during a FaceTime call with my son recently. He rang to share with me a small victory he’d had day-trading crypto. I [Read More] …