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A Primer on Investing in Cryptocurrencies

Last update on: Feb 05 2020

Bitcoin is making a lot of headlines, primarily because it is up more than 6000% in 2017. But it’s also making headlines because some prominent people, such as Jamie Dimon of J.P. Morgan Chase are critical of it and other cryptocurrencies.

This article makes some comments in favor of cryptocurrencies with some details about how they operate that aren’t easy to find. It’s a good read.

Decentralized applications are a new form of organization and a new form of software. They’re a new model for creating, financing, and operating software services in a way that is decentralized top-to-bottom. That doesn’t make them better or worse than existing software models or the corporate entities that create them. As we’ll see later, there are major trade-offs. What we can say is simply that they are radically different from software as we know it today and radically different from the forms of organization we are used to.



January 2021:

Congress Comes for your Retirement Money

A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.

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