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The Bitcoin holder’s dilemma: spend it or keep it?

You believe Bitcoin is the future of money. So you bought some. You’re holding it. You’re committed to the long-term vision. Then life happens. You need cash for a down payment. A business opportunity appears. An emergency expense hits. Suddenly you’re faced with a choice: sell your Bitcoin or stay broke. Both options suck. Sell, […]

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Trust math, not bankers

“Trust us.” That’s what banks told people in 2008, right before the financial crisis revealed they’d been playing casino with depositors’ money. “Trust us,” they said, while packaging subprime mortgages into AAA-rated securities. “Trust us,” they repeated, as they collected bailouts while homeowners lost everything. How’d that trust work out? The traditional financial system runs […]

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