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The Bear Case for Bitcoin

The Bear Case for Bitcoin Inspired by a recent conversation, I decided to find yet another way to split up cryptocurrencies into categories: those that represent a “real world” asset and those that are backed but nothing: Electric Fiat Let’s look at electric fiat first: BTC, LTC, XMR, XRP, and all forks. Each of these […]

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Usury and Cryptocurrency

In some weird twist, my Usury article actually got a decent amount of traction on Steemmaker, as well as a thoughtful comment from Semiotic Animal about cryptocurrencies…and a few suggested links. For anyone wanting to visit the rabbit hole and see what other Catholic bloggers have written on this, check here and here. Some of […]

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Consumer Uses of DGX

If cryptocurrency is going to be used as money, we’re going to need to see some hurdles overcome. The “easy” ones are secure mobile wallets and user adoption. The hard one is stability. People want a stable unit of currency. There has to be an expectation that the price of it doesn’t change from day […]

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Digix Gold Is Here

Yesterday, two years after its crowdsale, Digix Global deployed the ERC20 gold token, DGX, on the blockchain. There are currently 1400 DGX tokens on the Ethereum blockchain. Each represents one gram of gold, 100% backed by physical gold held in Singapore. The Digix crowdsale took place in March 2016-two years ago. It was the first […]

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