I advocated 2 years ago that stablecoins will see massive adoption. That true by market capitalization and by transactions volume. Interestingly, the big winner is still the unreliable Tether/USDT. There is 4 main players in the field : Tether (USDT) : somewhat backed by USD reserve Circle (USDC) : reserve backed Paxos (PAX, BUSD, HUSD)…
Posts published in “Crypto & DeFi”
With bitcoin delivering an insane performance (+3400% over the last 5 years) and DeFi getting traction, maybe you want a guide to invest in this world? This is it. Before going in detail, let me state that nothing here is investment advice, it is merely an explanation of the blockchain…
Who knew? The generation shit is a narrative for stock (or asset) picking. This Forbes article found a strange correlation between Tesla and Bitcoin and explain it because they have the same buyers, the millenials. While at some point Tesla is expected to be a productive asset, meaning fundamental should…
After saving the S&P500, speculating in the oil derivative market, the retail investors is still looking for ways to invest. This time I focus on bitcoin following this Coindesk article. The basis is a sharp increase of the number of bitcoin addresses with a balance > 0.1BTC (around $700) since…
Tether is a digital currency that is backed by USD (1 USDT = 1 USD). The narrative around this token is that no one is really convince of the backing. I wrote, a year ago, that stablecoins are the future. Obviously, it has a lot to do with the fall…
The bitcoin miner reward will halve in around 50 days (13 May). Regarding the scarcity model, the bitcoin price should increase to $55k (or around 10x from current prices). A paper discuss the efficient market hypothesis regarding this event. Indeed, we don’t see any sign of an increase in the…
The Bitcoin Scarcity model is a part of the Bitcoin as Digital Gold narrative. It try to extrapolate a theoretical value for bitcoin using it’s scarcity defined as : Scarcity = Stock / Flow In bitcoin, the flow is given by the mining reward which are halved, by design, at…
It’s time for a bold forecast as I’m thinking about this for a week now. But before arguing why I think bitcoin is dead, let me say that I have nothing Bitcoin per se. I bought my first coins back in February 2015, a bitcoin was valued 191€. What a good…