Bitcoin and Cryptocurrency
Michael Kendall
September 2, 2020
George Gilder asked for my comment on the new expandable cryptocurrency AMPL. My reply. George, I haven’t heard of AMPL or YAM, but I think the author Koning has characterized them correctly. They are just another in the long…
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Michael Kendall
March 12, 2020
The next halving of bitcoin’s mining reward will occur around the week of May 18, 2020. The mining reward halves every four years. A designed algorithm creates the supply of bitcoin on a schedule coded into the Bitcoin protocol. After…
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Michael Kendall
March 5, 2020
Calvin Ayre runs the cryptocurrency news site CoinGeek and is a long-time backer of Craig Wright and Bitcoin SV. CoinGeek presented a conference in London on February 20-21 that promoted advances from Bitcoin SV’s recently released Genesis protocol upgrade that…
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Michael Kendall
February 23, 2020
More on the problem and solution for cryptocurrency. Delineating the Crypto Space follows The Protocol Layer, Cryptocurrency Market Valuation II, and Free Banking and Cryptocurrency. The Big Picture The cryptocurrency blockchain space appears to be a chaotic morass of…
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Michael Kendall
February 15, 2020
Free Banking and Cryptocurrency is next in my series of looking at the problem and solution for cryptocurrency. Previously in the series is The Protocol Layer and Cryptocurrency and Market Valuation II. The U.S. Free Banking Era It is not…
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Michael Kendall
February 12, 2020
I continue to look into the problem and solution for cryptocurrency. Previously, I discussed The Protocol Layer. The Price and Market Cap of Currency What are the two metrics people look at If they want to judge the efficacy of…
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Michael Kendall
February 4, 2020
When I first looked at Bitcoin in 2016, it was immediately obvious to me that, as designed, bitcoin wouldn’t work as a transactional currency. The bitcoin flaw. No currency has ever existed in fixed supply. An extremely primitive example is…
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Michael Kendall
January 2, 2020
In March 2019, Bitwise Asset Management made a presentation to the SEC to launch a Bitcoin ETF. On October 9, 2019, the SEC disapproved Bitwise’s proposal. This follows the rejection by the SEC of every previous bitcoin ETF proposal, including…
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Michael Kendall
April 22, 2019
Why the U.S. could return to a gold standard at $1300/oz without risk of inflation or deflation There are two prices of gold. There is the market spot price of gold (POG) and an optimum POG which represents the price…
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Michael Kendall
July 23, 2018
George Gilder sent me a pre-publication draft of The Bitcoin Standard by Saifedean Ammous. We exchanged many emails on the topic of Bitcoin and cryptocurrency. This is Part II of my reply to George after reviewing The Bitcoin Standard. *…
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