The Heavily Armed Conservative

Cryptocurrency. Economics. Investing. Life.

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Not worth a continental

Did you know that fiat money has a long history of experimentation throughout American history and that the USD wasn’t the first attempt? Between 1690 and 1764 many early American colonies experimented with fiat money printing as a form of financing necessary expenditures. Massachusetts was the first to attempt this in order to finance military …

Rothschild Market Psychology

What is the most powerful thing on earth? Is it money? Is it trade? Is it military might? While all of those things are important, none of them are as important and timely, accurate, and precise access to critical information. Time for a little history lesson. In 1815, Napoleon Bonaparte was finally defeated in the …

LIBERLAND!

Liberland is an interesting beast…and it sounds like something out of an Ayn Rand novel, but it is a very real project with very real and motivated people behind it. I’m not going to spend a ton of time going into the meat and potatoes of what Liberland is…you can read more about that here, …

Patience is a virtue

Sometimes it is really hard for me to be patient…particularly when it comes to crypto. I can just feel the potential energy building in this market. I want to take every dime I have and dump it all into the market right this very second…but I know that wouldn’t be wise. I dollar cost average …

The ticketing industry and blockchain (Blockparty)

I recently watched a video peter did, here, on a new blockchain project called blockparty. Now, I know next to nothing about blockparty and in fact had never heard about it before this video, so I’m certainly not interested in talking about why this project is the next big thing. But, what I am interested …

Is money the root of all evil?

The following is an except from Ayn Rand’s Atlas Shrugged. Now the bible does say that the love of money is the root of all evil (1 Timothy 6:10), but this does not mean that money and wealth and the motor that drives the progress of society is inherently evil. Rather it is the greed …

The motor that runs the world

The innovators, the movers and the shakers, the creators and the destroyers… the motor that runs the world. And in that, lies the inherent problems with an evolving market such as cryptocurrency. A million good ideas, a handful of innovators, and boatloads of cash for everyone involved. In his masterpiece thesis The Wealth of Nations, …

Blockchain not Bitcoin? Or Bitcoin not blockchain?

There are many schools of thought in the cryptocurrency space, but several particular groups seems to have stood out the most among the crowd. This is not a definitive list, nor does it seek to classify any particular person into a rigid school of thought, nor does it seek to establish boundaries around constantly evolving …

Bitcoin is a social consensus

If you still aren’t sure you understand what makes bitcoin so special, then you don’t understand social consensus. Bitcoin is the most trustworthy social consensus ever conceived by man. It is an agreement, to abide by a certain set of rules out of a symbiotic need to execute a function. Fiat currency is another example …

I’ll admit it, the cloud mining scams got me

Welcome to the school of hard knocks where every dollar wasted is a lesson learned, and if you can’t stand the heat you better stay out of the kitchen. Back in the heat of the late 2017 crypto bull run, I, much like everyone else, was feverishly watching dollars turn into thousands on paper before …