The Heavily Armed Conservative

Cryptocurrency. Economics. Investing. Life.

Bitcoin Exchange CEX.IO
Coinmama: Buy Bitcoin with Credit Card

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 …

Does Gresham’s law affect Cryptocurrency?

If you’re unfamiliar with what Gresham’s law is, wikipedia defines it as…   “a monetary principle stating that “bad money drives out good”. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.” There …

Ethereum classic is making moves

A couple of very big announcements today from Ethereum classic. Firstly the announcement of a $250,000 investment from a major finance group in China… Announcement 2 of 3: Digital Finance Group has donated $250,000 to the ETC Cooperative. Thank you very much Digital Finance Group! This will greatly help our work with $ETC.https://t.co/Z584Yp5Iz8 (Announcement #3 …

Apathy will destroy you…if you let it.

Apathy will destroy you. It will rot your bones from the inside out and turn you into a wretched soul with nothing but a husk for basic bodily functions. I mean it. This isn’t going to be one of those feel good, self help type blogs. I’m really not about that stuff, but I do …

Zimbabwe bans crypto? A Case study in the making

Yes, there really is a one hundred trillion dollar Zimbabwe bank note (ZWD). When the Zimbabwean government allowed it’s citizens to exchange ZWD for the USD, one of these fetched about $0.40. No, I am not trolling. I’ve been tempted to buy one myself, the going rate where I’m at currently, the Kingdom of Bahrain, …

Limited supply, unlimited potential.

If you’ve ever studied economics, you know there are two primary schools of thought when it comes to discerning past, present and future. They are keynesian and austrian. I consider myself to be more of an Austrian economics enthusiast, but that is something I can get into in more detail later. What I’m most excited …

Welcome to the 21 million club

I can safely say I first heard about bitcoin sometime back in 2011. I came across the word on Reddit and I remember not paying it much attention at the time…”stupid internet money”…or something along those lines likely passed through my head. Boy if I only knew then what I knew now. I believe I …