Posted on Categories Finance, Opinion, RantsTags , , , 4 Comments on Yet another bit on bitcoin: is it a semi closed-end index fund on electricity and hardware?

Yet another bit on bitcoin: is it a semi closed-end index fund on electricity and hardware?

Bitcoin continues to surge in buzz and price (194,993 coin transfer, US Senate hearings and astronomical price and total capitalization). This gets me to thinking: what in finance terms is Bitcoin? It claims aspire to be a currency, but what is it actually behaving like? Continue reading Yet another bit on bitcoin: is it a semi closed-end index fund on electricity and hardware?

Posted on Categories Expository Writing, FinanceTags , , , , 1 Comment on What does the Market Think?

What does the Market Think?

What does the market think about IBM’s proposed acquisition of Sun? Continue reading What does the Market Think?