Are Ordinal NFTs destroying Bitcoin?
Recently the Bitcoin world has been divided by something called Ordinal NFTs. When the Bitcoin network implemented the Taproot upgrade, a developer found a way to inscribe NFTs on one Satoshi, which is a subunit of Bitcoin. For the uninitiated, one hundred million Satoshis equals one Bitcoin. The NFTs are in a format called Ordinals. […]
Controlling crypto through USD stablecoins
All is not well in the world of crypto stablecoins. In February 2023, the New York Department of Financial Services regulator told stablecoin issuer Paxos to stop minting more of the BUSD stablecoin for Binance. [1] Last year, the hugely popular UST stablecoin from Terraform Labs and its founders Daniel Shin and Do Kwon depegged […]
Making Twitter a payment service is brilliant
In early April 2023, Elon Musk replaced Twitter’s logo with the Doge coin crypto symbol. It seems that dogs can now fly and birds can now bark. There were many who criticized him for spending $40bn to acquire Twitter, which was not really profitable, had too many bots, and was bloated in terms of employee […]
Will crypto decouple from other markets in the future?
When one variable increases when another also increases or vice versa, the two are said to be correlated. If the opposite happens and the movement is opposite each other, then these are negatively correlated. If the movement of one has nothing to do with the other, then these are not correlated. At the moment, the […]
Interesting macroeconomic developments abroad
Over the past few months our financial outlook has been influenced by the movement of the markets from the Fed tightening and interest rate increases, and macro developments including the impact of the war in Ukraine. We are all familiar with the narrative. The U.S. printed too much money to give away during the […]
Investing in the first P2P Exchange for Tokenized Real Estate
I recently invested in Lofty, led by Jerry Chu, and also one of the largest players in the real estate tokenization space. I’ve spent a lot of time investing in other tokenization platforms including Honey Bricks, Akru, QuantmRE and Robinland. Lofty was a compelling opportunity for me because they were the first to launch a […]
Why Bitcoin rose in early January 2023
Editor’s note: Zain Jaffer was interviewed by Jordan Smith of CNBC Crypto World last January 27, 2023 regarding why the price of Bitcoin rose early in the year. The link to that interview, which begins at 3:40 is at Bitcoin retakes $23,000, and Sen. Cruz wants U.S. Capitol to accept crypto for food: CNBC Crypto […]