Bitcoin: Part I: An Introduction

What do Bitcoin and Chuck E. Cheese’s have in common?  A lot, Bitcoin and Chuck E. Cheese’s have a lot in common.  A lot more in common than not, and much more than you might realize.  There is one very substantial difference we will address but, for now, another year, another record close for Bitcoin, and record closes for real estate, stock markets, collectible art and … Continue reading Bitcoin: Part I: An Introduction

A Bug’s Life: Crowding Out

There is a great animated movie, A Bug’s Life, a play on one of Aesop’s Fables, The Ant and the Grasshopper, which tells the story of a hard-working group of oppressed Ants and their oppressive “leaders”, the Grasshoppers.  From time eternal, the Ants work hard every year growing food but when it comes time for the harvest they must set aside a substantial offering for … Continue reading A Bug’s Life: Crowding Out