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Market Perspective on Bitcoin
It was Halloween night 2008, during the financial crisis, when Satoshi Nakamoto, published an eight-page white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." We discuss Bitcoin basics as well as newer developments.
Pickaxes and Shovels
Coinbase is the largest U.S. cryptocurrency and digital asset exchange and is the first major crypto company to go public. With about 96% of Coinbase's revenue coming from transaction fees, some have compared Coinbase to modern-day suppliers of pickaxes and shovels from the gold rushes of the past. Speaking of gold, we mark this week in history and also take a look at employment figures from FRED.