Tether is no stranger to controversy, but as it turns out, the oft-maligned stablecoin may have more than a few aces up its sleeves.

Massive Multiplayer Online Investing got real. (Photo by Marga Santoso on Unsplash)

For it will be like a man going on a journey, who called his servants[a] and entrusted to them his property.

To one he gave five talents, to another two, to another one, to each according to his ability. Then he went away.

He who had received the five talents went at once and traded with them, and he made five talents more.

So also he who had the two talents made two talents more. 18 But he who had received the one talent went and dug in the ground and hid his master’s money.

Now after a long time…

If central banks and governments wanted to finish off cryptocurrencies, that moment has now passed and each day that they continue to exist, is a challenge to the legitimacy of fiat-based institutions.

“Therefore, in the present case I advise you: Leave these men alone! Let them go! For if their purpose or activity is of human origin, it will fail. But if it is from God, you will not be able to stop these men; you will only find yourselves fighting against God.”

— Acts of the Apostles, Chapter 5:38–39, New International Version

Getting change for the strip club was always an embarrassing endeavor. (Photo by Sharon McCutcheon on Unsplash)

In the economic life of man, what constitutes value and qualifies as a medium of exchange is a far more plastic concept than anyone living in that age often gives credit for.

At its core, currency is about efficiency.

From dismissive to damning, central bankers have run the full gamut of attitudes towards Bitcoin and cryptocurrencies and instead of regulating, are leaning towards cracking down, but can they?

“Now where did I put my ledger?” (Photo by Jason Pofahl on Unsplash)

In November of 2018, and in the depths of the crypto winter, warmth for cryptocurrency maximalists came from an unlikely place, the IMF.

Then head of the International Monetary Fund, Christine Lagarde, in a speech at the Singapore Fintech Festival, offered these warm words of comfort to the cold crypto-faithful who at the time may have been questioning their life choices,

“We float through a world of information, where data is the “new gold” — despite growing concerns over privacy, and cyber-security. A world in which millennials are reinventing how our economy works, phone in hand.”

“And this is key…

Elon Musk’s significant influence over the price of Bitcoin has been both a boon and a bane for the cryptocurrency industry.

Don’t look behind the curtain, it can only be disappointment.

It’s been said that true power never need not be expressed overtly, but in the shadows. It’s why the Wizard of Oz operated from behind an emerald curtain, and former U.S. Vice President Dick Cheney was the most powerful man on earth whom very few actually knew about.

If you actually need to flex your muscles to demonstrate your power, than you’ve already lost, but good luck trying to explain that to the well-oiled muscled men on Venice Beach.

Which is why for the better part of a decade, the U.S. Securities and Exchange Commission (SEC) has held off on…

If the world needs a higher level of functioning democracy, then a central bank digital currency should see to the end of such aspirations.

Rome wasn’t built in a day, but it looks like it was never really built. (Photo by Jonathan Skule on Unsplash)

“No denarius,” the pot-bellied Gaul threw the Roman silver coin back at the Roman merchant.

“I’ll need you to pay for your stay in real silver.”

In the northern fringes of what would eventually become modern-day France, Rome’s power was at its weakest, and its currency, not universally accepted.

At its zenith in 117 AD, the Roman Empire spanned some 1.5 million square miles and the Emperor ruled over 130 million Roman subjects.

And during that time, the denarius, was the lifeblood of the Roman Empire.

In the early days of Roman rule, the denarius held about 4.5 …

Decentralized finance is threatening to undermine the very role and function of banks, but can the technology live up to the hype?

Bit of an oxymoron if you ask me. (Photo by Jonathan Cooper on Unsplash)

Trekking the twenty miles from her little coffee stand in La Paz, to her family homestead in the foot hills of the Andes isn’t physically challenging for 40-year-old Maria Flores, it’s financially daunting.

Having taken out a microloan from a United Nations-backed non-governmental organization, Flores has improved the lot of her family, selling piping hot mugs of thick, freshly-brewed coffee in the outskirts of Bolivia’s capital. The only problem? Travelling around with all that cash.

Flores loves the independence of her work and the ability to make her own money, but it’s also a constant source of worry for her…

Since the U.S. abandoned the gold standard, the value of a currency is what it represents, not what it’s backed by, digital or otherwise.

Years later and still as relevant (Photo by The New York Public Library on Unsplash)

Ma Tun rubbed his beard between his fingers and surveyed his substantial property in a lush green suburb of the ancient Chinese city of Luoyang.

The 17th century merchant and trader, Ma had made his fortune plying the lucrative trade between the port city of Shanghai and the eastern end of the Silk Road of Xi’an.

Yet trade and industry in 17th century China was anything but straightforward, with imperial palms needing to be greased and greedy officials always looking for more than their pound of flesh.

So when a particularly greedy Qing dynasty official inspected Ma’s substantial storehouse of…

Every generation has its asset class, could Bitcoin be the one for the current age?

Adulting never looked this good. (Photo by José Ignacio Pompé on Unsplash)

When Julio Rodriguez was a young boy, he remembers fondly the Sunday dinners that his mother would prepare.

Coming back from soccer practice on a Sunday afternoon, Rodriguez would be greeted with the familiar aroma of his mother’s asado.

The son of a college professor, Rodriguez remembers growing up fairly well off, and what most would consider, decidedly middle class.

But by the mid-1970s, Rodriguez, who was just starting elementary school started noticing that things in his family were changing.

Instead of the prime cuts of asado that his mother would prepare on Sunday evenings, off cuts were used.


Could Bitcoin form part of a family’s legacy the way collectible art, jewelry, classic cars and real estate have?

Paper wills for digital assets seems somewhat ironic. (Photo by Melinda Gimpel on Unsplash)

At the reading of the last will and testament of Timothy Calderon Smith (a.k.a toophunkcypher) in the year 2104, his descendants listened disinterested as the estate lawyer rattled off a list of possessions that Smith had acquired throughout his long life.

“One, painting by Picasso, entitled Girl before a mirror, I bequeath to…”

the lawyer droned on.

Until finally, he came to the part that everyone sat up for,

“And for my holdings of cryptocurrencies, 10,045.4678 Bitcoin I bequeath to…”

There were audible gasps in the lawyer’s office.

At the back of the room, one of Smith’s great-granddaughters had fainted…

More companies are holding on to Bitcoin then you may know about and they’re using tricks worthy of the Panama Papers.

Door treatment seemed unnecessarily stealthy. (Photo by Stefan Steinbauer on Unsplash)

For years, Thomas Rosemont had finished off every Friday evening with a pint of IPA at a local bar and his favorite pizza off their “home style” menu.

And for years Rosemont had raved about the bar’s pizza, claiming that it was the best pizza in town and he couldn’t understand why no one else seemed to like it as much.

The flaky, doughy, perfectly crisp crust, just the right amount of pepperoni and cheese, and a thick, luscious rich marinara sauce made it the perfect greasy accompaniment to be washed down with the cool bubbly-sweet bitterness of his favorite…

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.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store