The Heavily Armed Conservative

Cryptocurrency. Economics. Investing. Life.

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The doldrums of summer

Lately everyone is talking about ETF’s, when they should be talking about halvings. Do you understand the true value proposition of Bitcoin and why it’s so important? Here in the midst of the doldrums of summer, it would be easy to assume that crypto is slowly bleeding to its death. But markets are irrational and …

Why a 51% attack in Bitcoin is very unlikely

A “51% attack” constitutes of a circumstance in which a group of miners or a single person controls more than 50% of the networks mining hash-rate. Essentially, this means the entity would have the capability to disrupt the network. What an entity CAN likely accomplish with a 51% attack: -reverse transactions and thus double spend …

Giving up my desktop for a month

I’ll be moving across the world today…quite literally. Finally going back to the united states after 3 years away from my family and my wife. It has been a difficult time for me, but I am extremely excited about being able to get back to a little bit of normalcy…whatever that is. Ready for this …

What are you convictions?

As over the past year I’ve become more and more interested in austrian economics…and by direct translation, the future of sound money in the digital economy. It took about 6 months of avid research for bitcoin to really sink in for me. But once I fully internalized what makes it decentralized, sound money and why …

Bitcoin is better than gold

I recently watched the debate between Shapeshift CEO Erik Voorhees and CEO of Euro-Pacific Capital and stock broker Peter Schiff. Link for the curious. To save you the trouble, Mr. Vorhees was an early adopter of Bitcoin and believes Bitcoin is the soundest money available in the global free market and will eventually replace government …

You are doing dollar cost average WRONG!

So you spent a little time building out a strategy for yourself. You set some goals and you set aside some capital. You scheduled your investment periodicity. You even did some solid research and found a couple of decent cryptocurrency projects you think may have a product in the future. Maybe you’ve even had some …

The hashflare exit scam…

Well I can’t really say I’m surprised…but hashflare terminated all of their existing SHA-256 mining contracts. I’ve already talked about this before. So I don’t really have a whole lot to say. Don’t invest in these SCAMS. If you want to get into cryptocurrency, buy bitcoin, buy it at cost (now!) and hodl. Learn from …

Bitcoin is king

I don’t know what tomorrow will bring. I don’t know what cryptocurrency will look like in 10 years. I have no idea what cryptocurrency projects will fail and which will succeed. I have no idea if prices will go up 10 fold in the next month or down another 50%. But I do know one …

The global market paradigm shift

When my grandfather was my age, he started up a construction company in his home town. It was in his best interest to work to outperform everyone of his competitors in the area to ensure he was able to retain as much business as possible. Given the limited potential stream of revenue, potential available customers, …