The study of prospection seeks to understand how and the extent to which people’s beliefs, mental simulations, and expectations for the future influence their lives in the present.
Bitcoin, cryptocurrencies, and their derivatives are both a cultural and financial phenomenon. The cryptos may be changing the face of money for all time. Or not. History alone will be the cryptos final judge and jury. In the meantime, in the real world of supply and demand at a price, Bitcoin has reached a reflectionContinue reading “Bitcoin Fever: Revisited”
For the record, I am huge fan of the future of web 3.0 and decentralized finance (DeFi). I won’t claim to be an expert, I am not. Being a fan means I appreciate something or someone for added value to my life. I am not fanatical nor blind to the shortcomings of the next new,Continue reading “Bitcoin Fever.”
We are all experimenting with reality. Trying to gauge the next curve in life’s seemingly vicious vicissitudes. But reality can be stubborn. Intransigent to our whims, preferences or delights. Take the debate over inflation. The issue of inflation is such a weighty matter as to merit serious debate. Is inflation back? Or not? Whose faultContinue reading “Inflation.”
Last week Bitcoin, the heavy touted and highly scrutinized crypto bellwether experienced a flash crash on the order of 17%. Or $100 billion in lost value to investors in less than an hour. From $52,900 to $42,900 in the blink of an eye (see the chart below). A devastating drop with no follow through selling.Continue reading “Flash Crash.”