Posts with the tag “bitcoin”

Can you ever recover lost keys or can your private keys be hacked through some amazing and secretive advance in computing power?  If you’ve been learning about cryptocurrencies for a while, you’ve probably seen a discussion of this.  Unfortunately, the talk of key security was probably an incomprehensible blast of the expert and esoteric language of things like elliptic curve cryptography, lost pr...  Read More

If you entered the space of cryptoassets in 2017, the year where investors could basically do no wrong, 2018 must seem like a nightmare.  Specifically, this nightmare might be something like a roller-coaster ride through an abattoir.  Regardless of how you’re positioned right now, however, everyone wants an answer to the trillion-dollar question.  When will it end?  I will discuss some good and ba...  Read More

Tether is a unique blockchain token that aims to maintain a peg to the United States Dollar.  That is, 1USDT (one Tether) is 1USD.  The claim is that they’re striving to bridge the world of fiat and crypto currencies by mapping the dollar onto a blockchain-based token.  In practice, the basic appeal to users is that you can use Tether as a haven of stability during (extra)...  Read More

Bitcoin is growing up.  Don’t cheer yet; what I mean is that the markets’ enfant terrible just got the financial equivalent of a Driver’s License …and, to push the metaphor, is also of legal drinking age.  Cryptocurrency derivatives have arrived.   LedgerX, a Bitcoin swap and options clearinghouse with CFTC approval, went live in what they’re terming a “soft launch” in which a few invited particip...  Read More

“Bitcoin isn’t real!”  I’ve seen this objection in variants with up to three exclamation points, so it really must be self-evident.  Perhaps it’s only the crypto-zealots and those poor people who they momentarily beguile with mathematical proofs who are so lumpen as to not understand.Maybe if one just repeats “it’s not real” three times while clicking the heels of their loafers, they will be trans...  Read More