Have I Changed My Mind About Bitcoin?

Well, no, why would I? What has changed fundamentally about Bitcoin? When I wrote a post about cryptocurrencies four months ago, the price of bitcoin was $2,400. Now it’s $11,000, but does it change anything in my thesis? Absolutely not. The risks of the bitcoin are still too high to be considered negligible, and the price of bitcoin is still on a roller-coaster that no one knows when or how it will reach its last stop. The only thing that

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Financial Bubble

What is a financial bubble? How does it evolve? How can we protect ourselves from a bubble? I will try to answer these questions in this post, as this subject is always relevant but somewhat more relevant today when some assets are being traded near all-time high levels. A financial bubble (or economic bubble) happens when the price (e.g., market value) of an asset greatly exceeds its fundamental value, which is the value according to standard economic methods of valuation,

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What’s the Deal with Cryptocurrencies?

One of the trendiest subjects in the financial and technological world is cryptocurrencies. According to Wikipedia, the definition of cryptocurrencies is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are part of a technological revolution, but the scope of this post is to determine if they are part of an investment revolution. Many people are talking in favor of investing in cryptocurrencies and are definitely

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