Over the past week, I read many perspectives on Coinbase’s recent decision to reduce its workforce by 18%. Most seem to call out the company’s incremental announcements and decisions culminating in rescinded offers, and eventual layoffs. …

Over the weekend, we saw Celsius halt customer withdrawals and the crypto market has not reacted well. At the time of writing, ETH is down > 35% over the trailing week. Since the news, I’ve seen many posts, but most are about either : - Counterparty risks - “not your…

Earlier today a friend asked me a question about how blockchain/crypto fits into broader investment trends for TradFi investors. My friend is an IA and the genesis of the question was his desire to position his clients to participate from the big trends he sees over the next few years…

On Monday 19 July 2021, Grayscale became the latest to offer a Decentralized Finance (DeFi) investment product, the Grayscale DeFi Fund. This fund results from a partnership with CoinDesk, the provider of the CoinDesk DeFi index and a leader in crypto-related news. Through this new offering, Grayscale appears to be…

Recently, a friend who is new to crypto asked me if keeping their crypto on an exchange made sense. I counseled them that it depended on their level of comfort. It turns out, however, that our concerns were not the same. My concerns centered around custody and control but their…

For those of you that missed it, venerable Wall Street bellwether, Goldman Sachs (GS), quietly took a step that further solidifies Bitcoin as an institutionally acceptable investment. As per this Bloomberg article, GS recently began offering its clients a way to gain exposure to Bitcoin without buying the underlying asset…

As more friends and acquaintances ask me about crypto, it quickly becomes evident that they think I am speaking a different language. When coming across terms like staking, DeFi, and DEX, I can almost hear their eyes glazing over, even if we are on the phone. …

Given that Bitcoin and other crypto currencies are once again a topic of discussion, either as investments, hedges for inflation, or for some other reason, I have been reflecting on what constitutes “money”. In my view, there is also a misconception arising from a failure to draw a distinction between…