2020 In Review: The Year For Bitcoin
Watching Bitcoin (BTC) move toward another all-time high is a mixed bag. On the one hand, it’s astonishing to watch the cryptocurrency’s market capitalization stabilize in excess of $500B but on the other hand new all-time highs are the rule these days, not the exception. You begin to hope the price continues to rise indefinitely, watching the ticker, but part of your mind realizes how impractical that would be and pushes back. At the global scale, the same sort of process repeats itself in the minds of millions of people who, whether or not they actually own Bitcoin, feel it’s the future. As the bull rally continues, it’s important to recognize that no rally can last forever. This article will take stock of a few of the most important moments in 2020, my first year as a cryptocurrency trader.
Read full story2020 May Be Almost Over, But COVID-19 Related Risks To Markets Are Not
President Trump, despite having lost most of his support in government by losing his bid for re-election, is still in office and is desperately setting fires in federal agencies as he attempts to elude prosecution and build a cult by pardoning criminals who are in jail due to their illegal activity in his service. The coronavirus, as I had, along with many other Americans, initially worried might happen, has begun to show signs of mutation even as the vaccine has begun rolling out. The worry at this point is that public fatigue with regard to COVID-19 could lead to a large enough reservoir of the virus that such mutations might make headway against vaccines even as political chaos continues to wrack the free world.
Read full storyWhere Does Blockchain Fit Into The Current Political Spectrum?
The Democrats, under the recent solidification of the party’s spirit into one man, have been promoting a new and improved political agenda. Buoyed by the defeat of Trump, and hopefully with it Trumpism, Democratic party leadership has a seemingly bottomless well of Republican corruption to parade in front of the American public to promote their agenda. This article will explore current political trends to unpack possible outcomes from the standpoint of cryptocurrency and blockchain technology more widely. If you’ve checked the price listings lately, you won’t be surprised to see my results: it looks like everything is coming up aces for Bitcoin.
Read full storyThe 10 Most Important Philosophy Books To Read In 2021
A list of the most important philosophical investigations as we begin to try to understand what has changed in the past few years. 2020 was some year. We've seen the trauma, the drama, and the politics. We've lost people, and we've survived. But what does it all mean? That's probably a question for 2021. Here are ten books that can help explain the events we've been through and help us plan for the future.
Read full storyBitcoin Reaches A New All-Time High Just Under $20,900
Today Bitcoin rallied at about 4:00AM CST and reached a new all-time high around 10:00AM. $20,000 is probably just the start, as stimulus talks still have not reached agreement and could potentially be derailed before the legislation is announced. This scenario is widely seen as unlikely, which plays into bullish sentiments around the financial sector that broadly support stimulus measures as a way to stave off inflation and boost the failing US Dollar.
Read full storyTwo Years Of Formal Dialectics
It’s hard to believe two years are all the time that has passed since Formal Dialectics was released at the end of 2018. Authoritarianism, an out-of-control pandemic, and continuous misadventures by top officials in government have characterized the past period in our shared political history and the time has dragged by as we collectively suffered for these mistakes by our political elite.
Read full storyStimulus Offer By Mnuchin, Trump Casts Doubt On The Agreement Between Pelosi & McConnell; Bitcoin Shudders
The White House has made news today by offering a woefully inadequate stimulus package to Democratic House Speaker Nancy Pelosi. The package does not include jobless benefits to the unemployed, thereby neglecting one of the core needs of the American economy. Cryptocurrency markets were still open at the time of the announcement and the markets reacted sharply to the bad news, with Bitcoin falling about 5% at the time of writing.
Read full storyThe 3 Most Important Bullish Signs For Bitcoin
Bitcoin is surging in recent days. The cryptocurrency markets as a whole are over $500B in market capitalization for the first time since 2018 and Bitcoin (BTC) makes up about 2/3 of that amount at roughly $19,000 at the time of writing. Bitcoin is also breaking records by being more stable at higher dollar figures--it has been over $10,000 for about 130 days now.
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