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