The futile loneliness of a crypto short
I never bet against crypto — that doesn’t mean I like it
I never bet against crypto — that doesn’t mean I like it

Yes, there are risks, but we should recognise that the underlying technology can be useful

Equities have much of the same qualities and don’t write off bonds quite yet

They are no substitute for money, even if usage is growing fast

Without basic protections, uncertainty will drive away serious investors and legitimate businesses

And the public private assets paradox

But it relies on a host of rosy assumptions going in investors’ favour