4 responses

  1. Brian
    December 16, 2017

    Two more clippings on bitcoin (Saturday Dec 16/17)

    John Heinzl remarks on the “real value in cryptocurrency” …as a teaching tool because such speculative frenzy has occurred frequently and people continue to be led into such troubles. See article at: https://www.theglobeandmail.com/globe-investor/investor-education/the-real-value-in-cryptocurrency-is-using-it-as-a-teaching-tool/article37349589/?cmpid=rss1

    Bloomberg describes what we know already of bitcoin’s energy needs being supplied from sources as dirty and carbon intensive as coal. Energy consumption of cryptocurrency today astonishingly exceeds that of 159 countries. See more at: https://www.bloomberg.com/news/articles/2017-12-15/turning-coal-into-bitcoin-dirty-secret-of-2017-s-hottest-market

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  2. Kim H.
    December 16, 2017

    Great Letter and very informative, thanks to you and your staff.

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  3. Brian
    January 9, 2018

    Bitcoin as Evolving Experiment: the Frenzy and the Limitations. … see further in https://www.theglobeandmail.com/globe-investor/the-limitations-of-bitcoin-are-becoming-abundantly-clear/article37516285/

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  4. Brian
    February 6, 2018

    On BITCOIN … vast drop from $20,000 to $5,947 in a single month since January 6th. (http://www.bbc.com/news/technology-42958325; also https://www.theguardian.com/technology/2018/feb/06/bitcoin-price-crackdown-bis-cryptocurrency). While blockchain innovation will prove useful applications, Eric Lascelles (“February 2018 Economic Outlook” RBC GAM) describes bitcoin as a commodity but NOT as a currency.

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