Hedera and the Hbars
No, Hedera and the Hbars is not a band, though it would make a great band name. Every once in a while I find it useful to read one of the thousands of White Papers and see what is happening…
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Tag Archive: Blockchain
The State of Crypto
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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Money, Commodities, and Bitcoin
Money has three roles; a medium of exchange, store of value, and unit of account. A unit of account is the most important role of money and the least understood. A unit of account is a monetary standard of reference. …
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The Problem with Bitcoin
The primary utility of any currency is as a unit of account. Its other roles are a store of value and medium of exchange. The unit of account is a monetary standard of measure. It is a reference upon which…
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