Archive: digital gold
It’s Time to Retire the “Bitcoin as Digital Gold” Analogy
By Vin Narayanan on October 7, 2022
Crypto Market Musings As of this writing, bitcoin is up about 3% over the last seven days and trading around $20,000. Ethereum is up about 2% over the last seven days and trading around $1,358. There’s no Fed meeting this month, so we won’t have to worry about interest rate hikes until the beginning of November. So a pair of key indicators will drive both the crypto and equities markets instead: If…
News Fix: CBD Products Could Still Make You Fail a Drug Test
By Vin Narayanan on November 9, 2019
In the news this week: New York hemp farmers get a break, Saudi Arabia backs Travis Kalanick again and David Marcus says bitcoin isn’t a currency.
Investors “Flying to Safety” With Cryptocurrency
By Vin Narayanan on August 9, 2019
The global economy has been sending a warning: Investors need a hedge against fiat money now more than ever. Bitcoin and altcoins fit the bill.
Bitcoin Emerges as a Store of Value
By Adam Sharp on June 7, 2019
Bitcoin reached a milestone and has emerged as an alternative store of value, as use cases in Venezuela and Argentina show...
Bitcoin Offers All the Benefits of Gold and None of the Drawbacks
By Vin Narayanan on May 24, 2019
Bitcoin is often called “digital gold.” The nickname is fitting, as these two assets are much more similar than they are different.
News Fix: Decentralization Is the New Normal
By Vin Narayanan on August 4, 2018
From the media to bitcoin, today's world is all about disintermediation.