Every decade or so, a catalyst is provided for a major economic crisis. The nineties had the dotcom bubble, the noughties had the sub-prime mortgage crisis and the twenties will have cryptocurrencies.

Living on the banks of the mighty Mekong River that flows from the Tibetan Plateau across thousands of miles through Indochina and into the South China Sea, Tran Nguyen knows how high his home needs to be built above the banks.

Nguyen and his family have farmed and fished the…

A store of value, a medium of exchange, a unit of account. Bitcoin is all things to all investors, just not at the same time.

“What’s this?”

“It’s a date. You eat ’em.”

— Indiana Jones and the Raiders of the Lost Ark © 1979

Just as you wouldn’t use a date (a type of fruit) for a door stop, kerosene as cooking oil, or chilled monkey brains as a dessert, it’s important to understand…

While a U.S. Bitcoin ETF sounds good in theory, peek under the hood and investors will find a futures-based instrument riddled with contradictions that has very little to do with bitcoin anyway.

Considering that there’s an app for practically everything these days, it stands to reason that it was really only a matter of time before Wall Street lobbied Washington sufficiently to roll out its own version of bitcoin — the ultimate bitcoin app for institutional investors.

While many investors cheered the…

From ICOs to DeFi, NFTs to stablecoins, the list of cryptocurrency and blockchain innovations would have made an investment banker in the dotcom era green with envy.

Timothy Hwang fiddled with his cappuccino. Sitting in the posh dining hall of the high-end French restaurant Les Amis, in downtown Singapore, he lamented to his private banker how he struggled to understand the so-called “new economy.”

Hwang, a thin streak of gray hair the only physical trait suggesting he…

The world, and more importantly digital assets, will survive China’s vendetta against cryptocurrencies.

At the zenith of China’s Ming dynasty, the Yongle Emperor sought to extend China’s influence beyond its borders, not just by demanding tribute from other rulers, but by building a massive navy.

Few will recall that at one time, China was a formidable maritime nation, with a long coastline and…

Diversification may necessitate an investment in Bitcoin

A small dose of skepticism is a healthy quality. Skepticism keeps us from investing into scams or trusting a stranger with our children. It makes us leery when it comes to new foods or diets, and prevents us from experimenting with untested remedies for a variety of maladies.

But skepticism…

Cryptocurrencies have long been derided for being a solution looking for a problem, but could decentralized finance or DeFi silence critics once and for all?

A conduit for crime and a receptacle for ransom are just some of the nefarious uses cases which critics of cryptocurrencies have highlighted as limiting their broader adoption.

And while it’s true that some of the earliest adopters of Bitcoin did indeed use the cryptocurrency to buy illegal narcotics, or…

The cryptocurrency markets may be reeling from the botched roll out of Bitcoin as legal tender in El Salvador, but the true revolution has already begun.

In the beginning was the Word, and the Word was with God, and the Word was God.

— John 1:1, New International Version

The centurion replied, “Lord, I do not deserve to have you come under my roof. But just say the word, and my servant will be healed. For…

Bitcoin is often derided for its volatility, but ever since the U.S. abandoned the gold standard, stability with respect to currency is a far more plastic concept than understood.

Over fifty years ago, U.S. President Richard Nixon met with his economic advisors secretly over a weekend at Camp David, to plot a new course for the U.S. dollar, one that would change monetary history forever.

Upon his arrival back at the White House from Camp David, on August 15…

While regulators are circling around the alleged illicit flows in cryptocurrencies, the systemic risks of stablecoins may already have seeped into the financial system.

“Gear down.”

“Gear down,” called out the First Officer Albert Stockstill, as he reached for the gear lever on their (at the time) state-of-the-art Lockheed L-1011 Tristar.

Captain Robert Loft waited for copilot Stockstill to call out the usual “three greens and locked.”

But instead, Stockstill stared at the nose…

Patrick Tan

CEO of Novum Alpha, an all-weather digital asset trading firm that uses Deep Learning tools to deliver dollar-returns in all market conditions.

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