The Maltese Falcoin | J.P. Morgan Private Bank

Personally, I have little interest in blockchain-backed currencies. I only keep a tiny bit of dough in Ethereum (the more sophisticated younger brother of Bitcoin). I own no bitcoin, no doge coin, no any other coin. I am making no life decisions based on the idea that the dollar is going away and I very much hope it doesn’t!

Crypto is designed to break down barriers, allowing the best money to rise to the top. We see this behavior in stablecoins, where >99% of stablecoins are US dollars. There isn’t a whole lot of organic demand for fiat currency #109. Many people are artificially restricted from holding dollars offchain, which is a major reason for the success ... See more

The bull case for Solana, Monad, BSC, Tron, etc., is that a much lesser degree of decentralization provides sufficiently strong property rights for most users and applications. I tend to believe that in the medium-term, censorship, asset seizure, KYC/AML regulations, and validator coercion will call into question the robustness of centralized syste... See more

Bitcoin, invented by a mysterious figure, Satoshi Nakomoto, whose true identity is the subject of many a conspiracy theory, experienced even more of a rollercoaster ride than gold in 2011, soaring in value from less than $1 a bitcoin to almost $30, before plunging below $5. Many thought that this apparent bursting of a bitcoin bubble would put an e

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