Month: December 2020

Who’s a better custodian for Crypto? Banks or Brokerages?

If you look for a “custodian” for your money, you might use a Bank.  And, that Bank may also offer you services like lines of credit, overdraft protection, loans, etc.  If you have Stocks, you would use a Brokerage Firm, and get services like loans against assets, or borrow against margin.  For your Crypto?  Not …

Who’s a better custodian for Crypto? Banks or Brokerages? Read More »

Bitcoin has never been hacked- but the Exchange has been robbed.

I keep hearing that “Bitcoin” has also been hacked.  It’s a case of conflation and semantics. “Bitcoin” was never hacked. The exchange where the bitcoin was stored was hacked. This is akin to saying $100,000 was “hacked” at a bank when a robber broke in and stole the money. No, the money wasn’t hacked the bank …

Bitcoin has never been hacked- but the Exchange has been robbed. Read More »

Many people are trying to learn and figure out Bitcoin, which is fine. But that’s like trying to figure out email in the 90’s and missing the Internet revolution. Bitcoin operates much like Gold. The bigger world of Crypto (tokens) are more like glorified Penny Stocks. But, with the risk, also comes some really interesting …

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