A look at two worlds, both of which use Bitcoin as the global currency. But that is where the similarities end.

Original publication (6/25/21): https://bitcoinmagazine.com/culture/which-side-of-the-moon

It’s Aug. 1, 2028, and we’ve made it to the moon.

The far side.

But it’s cold. It’s dark. Spotted barren craters and valleys are…

Written by Eric Choy

Source: https://artisanpizzakitchen.com/history-of-pizza/

Originally featured in BitcoinMagazine: https://bitcoinmagazine.com/culture/bitcoin-pizza-as-food-for-thought

Made popular by the book, “Outliers: The Story of Success,” the mainstream principle states that, in order to become an expert in any field, you need 10,000 hours of devotional practice in that field.

With every hour being worth every effort…

Written by Eric Choy

YUEDU 4032.2

Chart 1 — The S2F is a love, hate relationship we can’t stop

The month of December has seen bitcoin continue to defy gravity in an act of kindness for the holiday season. An epic bull run that blows all other Santa Claus rallies…

Written by Eric H. Choy

(Figure 1) From afar, the Terracotta Army seems to exhibit homogeneous redundancy, but each soldier’s unique facial features portrays a rather diverse army.

Also published at: https://bitcoinmagazine.com/articles/not-your-node-not-your-validation


“It won’t succeed unless the user experience is simply better than trusted third parties, but we need to start the education process with the very basic fundamental: trusting a third-party with full access…

Written by Eric Choy

YUEDU 4032.1

Chart 1

The relationship between bitcoin and USD-backed stablecoins has been a metric ignored for various purposes. Different crypto. Different usage. Different regulations. But this year stablecoins have merely rocketed in issuance amount led by USDT (Tether) and USDC (Circle). The Stablecoin Supply Ratio…

Written by Eric Choy

Originally written on November 4, 2020 for PANONY/PANews: https://www.panewslab.com/en/articledetails/N3569180.html

YUEDU 4032.0

Bitcoin is back.

October was nothing short of amazing for bitcoin with big headlines and big price gains. Here’s a quick recap of what bitcoin has done so far.

Price movement for bitcoin can be…

Written by Eric Choy

Originally written on October 30, 2020 for PANONY/PANews: https://www.panewslab.com/en/articledetails/N8672127.html


The one underlying theme that we have seen in the myriad valuation attempts of cryptocurrencies is the all too common, proverbial “we are still too early”. Valuations, which is referring to the exercise of running financial…

Written by Eric Choy

Originally written on September 27, 2020 for PANONY/PANews: https://www.panewslab.com/en/articledetails/N1764853.html

In a recent letter disseminated a few days ago, the OCC has announced fresh guidance on stablecoins. From here on out, the OCC will now allow US Banks to provide banking services to stablecoin issuers. As if…

Written by Eric Choy | The past year in DeFi has carved out some obvious DeFi market leadership, but has it formed oligopolies in the space?

(Figure 1) In simple terms, the HHI is calculated by taking the total sum of the squares of each firm’s market share, and then multiplying it by 10,000. Depending on the value of the product from this equation, it will either fall in one of the value ranges depicted on the chart on the right hand side.

Originally written on September 26, 2020 for PANONY/PANews: https://www.panewslab.com/en/articledetails/N3554013.html

After the first unprecedented DeFi wave we’ve seen this past summer, there are definitely a…

Written by Eric Choy | You didn’t want to push that transaction through because gas fees costed more than the transaction itself

(Figure 1) Jamie and Charlie of Brownfield Fund getting served up a fresh ISDA slap in the face

Originally written on September 8, 2020 for PANONY/PANews: https://www.panewslab.com/en/articledetails/N1477767.html

For those who have seen the blockbuster Wall Street movie, The Big Short, a film depicting certain actors who’ve…

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