🌹 Met Bitcoin in the summer of 2014 — the rest is history 💎 🌟 Crypto, Blockchain, DLT & being digitally Free 🌟

& Why CEX is not always good.

TLDR;
- There are three models of Exchanges; Orderbook, Smart-Contract Reserves, & Dutch Auction.
- Each exchange model has its own tradeoffs.
- CEX is great but DEX’s is better

Exchanges are an extremely lucrative business model with tremendous impacts on the world’s economies. They are constantly innovating, improving & changing how the financial world works. Keeping up with them is difficult; but rather than becoming lost in the forest of individual exchanges; we can grasp their underlying mechanisms & then understand how they all work.

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Source: Adobe/Siarhei

Since the advent of Bitcoin, large-name DLT cryptocurrencies have been able to prove their…


Always almost but never just quite

TLDR;
- The Finality of a Bitcoin transaction is probabilistic, it is not absolute.
- Bitcoin provides the best finality in history

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Whenever we make simple payments for things such as a breakfast coffee, after we leave receive our coffee & leave we do not worry about what happens after the fact; but in such small transactions, it wouldn't even make sense to. However, let's imagine that we are on the other side of that trade & let's reframe it from coffee to real estate. Say we are selling a house for $468,000. A buyer comes & wants to pay…


It is not over until the blockchain says it is; sort of.

How would you feel if you sold your car & an hour later lost the money from the sale? You search for days, file reports & beg your friends for help; but alas nothing. As you spiral into financial hard times & begin to regret your actions you find out that the person who bought your car has your money & they are not obliged to give it back to you at all because there is no proof that the transaction ever happened…

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Within the context of blockchain & cryptocurrency, there exists a notion known as finality. Finality is a…


Who Plays What Role & Why it Matters

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Bitcoin is two things. An open, public, permissionless network for the transfer of value & a natively digital asset for storage of value (BTC). Meaning that anyone, at any time, can participate and nobody can stop them from doing so. This then begs the question; who are the participants on the Bitcoin network?

Obviously, in an ideal world, every person on the planet is a participant (direct or indirect) of Bitcoin. However, in order to build a properly organized mental model, we can classify participants by their relationship & level of involvement/contribution to the network.

When inspecting the bitcoin network…


An Economy without the pressures of Big Brothers

Data in the digital age has been heralded as digital oil.

With more data being produced daily than has been collectively produced over the last 20 years (compounded by the technological advancements in computation and global connectivity) data has become an intrinsically valuable, easily accessible commodity. Being so valuable, accessible, & abundant, Data has become the center of attention from the Big Brothers (Big Tech, Big Data, Big Government)

Data, by its nature, is very broad; covering everything from the seemingly irrelevant to the extremely sensitive. Weather is data, product stock supply is data, your vitals (heart rate, blood pressure)…


Understanding Orderbooks & How to Use Them

Trading demands having an edge. With so much information available now, crafting a strategy becomes overwhelming quickly. Thousands of signals to interpret as indicators of the market, thousands of different indicators each presenting data in their own unique ways. One of the most widespread, possibly least talked about, & controversial indicators is the Orderbook.

Orderbook data is almost always misinterpreted.
Orderbook data is very loose & should not be exclusively relied upon.
Orderbook data is very susceptible to manipulation.

Orderbooks are lists of open market interest of a certain asset on a venue/platform at any given time. …


Sound money meets Cryptocurrency

Check out our new platform: https://thecapital.io

To be aware is to be alive.

We use money every day but rarely do we stop to deeply internalize what it is, let alone how it works.

Money is an abstract concept, but at its core, it is a vehicle that captures & facilitates the transference of value. In order for something to be classified as a “money,” it must inhibit characteristics of three underlying principles; a store of value, a medium of exchange, and a unit of account. The presence of all three properties harmoniously interwoven & implemented to maximally satisfy its utility, results in what is known…


Exploring the economic impacts of Token Burning

Check out our new platform https://thecapital.io/

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Economics, while a critical element in the functions of an advanced human civilization, has always been inherently experimental.

The most recent frontier in economic experiment arrived in the form of cryptocurrency. Digital networks that provide all the economic, mathematical, technological, and social principles necessary for the existence of a monetary system.

One aspect that a sound monetary system must have is the existence of a supply module. A system that is able to respond to & balance out the supply vs. demand dynamics which take place in open markets. …


Liquidity is a fundamental cornerstone of all finance. It is a metric that gauges the ease and efficiency with which assets are traded (positions are entered and exited).

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Liquid assets can be converted quickly.
Illiquid assets require prolonged periods of time to convert.

Cash can be turned into stock within a few seconds;
Real Estate requires months of time to turn into cash; trying to sell real estate as quickly as possible will force the price of the estate down

When it comes to open markets, high levels of liquidity can be associated with high levels of interest and activity…


At what point is something Considered Decentralized enough?

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Before diving into the chaotic world of power distribution, lets first put some basic ideas into context:

  • Decentralization is an abstract subjective principle that relies on the application of it to dictate how it materializes itself.
  • Decentralization is a feature, not a product.
  • Decentralization is a trade-off not and add on.
  • Not everything benefits from becoming decentralized.

When trying to understand decentralization, a flaw in thinking commonly arises; rather than understanding what we consider decentralized to be, we tend to ask if something is decentralized or not…

Plenty of things in life are decentralized, things such as Board of Directors…

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