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“I am death, the destroyer of the worlds, fully developed, and I am now active about the overthrow of the worlds. Even without you, the warriors standing in the adverse hosts, shall all cease to be.” – Bhagavad Gita 11.32.   1/x   Creative destruction is a cornerstone to the advancement of society. That is…

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Economics behind RWA – Part 2

As a follow-on to Part 1 of the Economics behind RWA, if we view the cost of capital from the lens of the borrower (especially when the cost of capital from Maker is zero), the interest paid can be viewed as a tax. Thus a similar economic theory surrounding taxation that can be found in…

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Translucent Finance – Off-chain lenders

In the course of ordinary business, many companies come in contact with “confidential” information. Being a Lender the in the Credit Tenant Lease space is no different. In addition to reviewing the lease and the financial statements from credit worthy tenants, the financial costs to do a specific projects, or even the personal financial statements…

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An economic perspective on COVID-19 from a recovering engineer

Full disclosure, I am not a medical professional nor am I a statistician, just a recovering engineer. The coronavirus COVID-19 by now is the most discussed topic of the entire year and will likely stay that way for the foreseeable future. Since its first discovery in Wuhan, China, the virus was largely spreading undetected and…

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The MKR rabbit hole

About a year ago I first heard about Maker (MKR). I listened. I heard, but I failed to truly comprehend the depth of Maker. In summary, I largely dismissed it as just yet another ethereum project. That was a mistake. Luckily I believe the market has also failed to grasp the depth of the value…

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Venezuela Passports

In a push to force the utilization of the newly (re)launched digital assets secured by Venezuelan hard assets, the government is now requiring the usage of their digital asset to secure a national identity document (passport) to allow for international travel. Which exchanges will “float” the Petro? Will there be mass adoption of the state-backed…

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CFTC – Long-term view

This will take a generation to occur, but the transformation will occur.   https://www.ccn.com/cryptocurrency-is-here-to-stay-cftc-chairman-giancarlo/

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Blockchains are great, but….

Blockchains are great… but when nations start to use them to circumvent sanctions… the end of the movie isn’t fun to watch. https://bcfocus.com/news/north-korea-attains-milestone-as-is-hold-first-international-blockchain-cryptocurrency-conference/21767/

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Venezuela. Refugees. What is their future?

After reading the posts below, one can only start to fathom the immense challenges the entire region faces with more refugees than Syria. https://www.bloomberg.com/news/articles/2018-08-30/venezuela-s-neighbors-join-to-contain-crushing-flow-of-refugees https://www.reuters.com/article/us-cryptocurrency-venezuela-specialrepor/special-report-in-venezuela-new-cryptocurrency-is-nowhere-to-be-found-idUSKCN1LF15U New articles are showing how if 2013 a person had purchased $1 mm USD of Bolivars.. and then converted them back to USD at the beginning of this month, the…

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