Bitcoin is an innovation created by Satoshi Nakamoto and a community of cypherpunks. Bitcoin is an attempt to take the power of printing money away from the government, and return humanity to an era of sound money. And remember, crypto is not Bitcoin. Read on for Wealth Potion’s letters on why Bitcoin is important.
Technological Miracle vs. Online Casino Many people are confused when I tell them that I’m into Bitcoin… but I’m not into crypto. Isn’t Bitcoin a cryptocurrency? Yes, it is. But Bitcoin and what most people refer to as “crypto” are fundamentally opposed to one another. It’s not even that I believe Bitcoin is the most […]
Bitcoin is NOT Crypto Read More »
Last week, I attended the Seoul Bitcoin Conference. It is the first Bitcoin-only conference in South Korea – a country that has first-hand experience with the dangers that lurk in the broader “crypto” ecosystem. In this week’s issue, I share my takeaways from the conference. (Do you enjoy Bitcoin content on Wealth Potion? Let me
Bitcoin in Asia: Takeaways from the Seoul Bitcoin Conference Read More »
“Optionality is the property of asymmetric upside (preferably unlimited) with a correspondingly limited downside (preferably tiny).” – Nassim Taleb Many top investors call asymmetric bets the 🏆 Holy Grail 🏆 of investing. Why? Because an asymmetric opportunity is one where the downside is small but the upside is big. You could lose a little… but
The Holy Grail of Investing: Asymmetric Bets Read More »
FTX has crashed. Binance seemed close to acquiring them, but then backed out. Bitcoin and Crypto Twitter are on fire, talking about perhaps the biggest event to shake the crypto markets since the collapse of Terra Luna. And for good reason. This is bigger than Terra Luna.FTX.com went from a ~$40 billion behemoth, to being
What happened with the Binance FTX Bailout? Read More »
