Relevant and even prescient commentary on news, politics and the economy.

Buh-bye Bitcoin?

Apart from their utility in criminal finances, Bitcoin and other cryptocurrencies (other than stablecoin) are manifestations of The Greater Fool Theory of Investing. So how is the Bitcoin investment performing for ya? “The world’s largest cryptocurrency slipped below $76,000 in thin weekend trading, dropping about 40% from its 2025 peak and revisiting levels last seen […]

Greater Fool Theory investment update

For those who, like me, have eschewed cryptocurrency, you might have missed the recent Bitcoin crash. “Digital asset treasuries were flying high this year until bitcoin’s sudden October crash. Now many of those companies are sitting on unrealized losses.” “Over 180 public companies currently hold crypto on their balance sheets, with roughly 100 of that […]