Is China behind the August crypto rally?
So here we are in the first half of August, and the price of bitcoin is starting to rise again. It is always tricky to come up with explanations for why the price
Dr. Joseph Chen-Yu Wang
Blockchain programmer and crypto trader based in Hong Kong with doctorate in computational astrophysics from the University of Texas and bachelors of physics from MIT. Former quant at JPMorgan.
Why bitcoin is not a Ponzi scheme
In the last few weeks, the wild bitcoin price fluctuations have brought much attention to Paul Krugman's articles about bitcoin being a Ponzi scheme. I find Krugman's writings to
Bitcoin adoption in El Salvador - why should you care?
So the big news in the crypto world is El Salvador adopting bitcoin as legal tender. This will create a few days of headlines, but it is part of a much larger story
Why does China keep banning bitcoin?
We just had another round of news from China hit the bitcoin markets and drive down the spot price. One thing that is very clearly the case is that news (or pseudo-news) about
Bitcoin as the new world currency
Right now, we are in the middle of a transition between an old political and economic system and a new one. The new world will be based on different economic principles, and the