Will Facebook's Libra cryptocurrency transform money as we know it or is it "the most invasive and dangerous form of surveillance devised thus far?" How does the Libra compare to Bitcoin and the U.S. dollar in terms of the attributes of money. In this episode you’ll learn: What is the Libra and how does it differ from Bitcoin.What are the different attributes of money.What is proof of work versus proof of stake for cryptocurrencies.What is the difference between permissionless and … [Read more...]
200 Plus: Income Investing, Blockchain and LIBOR-OIS Spread
This week April 14, 2018, we discuss income investing and the percent of appreciation over time that comes from dividends. We see why an early warning sign of the Great Financial Crisis, the LIBOR-OIS spread is starting to stir, and why it is not yet a sign of bank stress. Finally, we revisit blockchain technology. … [Read more...]
199: What Kind of Money Is It?
How a bank panic led to the creation of the Federal Reserve, and why having diversified sources of money can protect us in case we have a bank panic today and can't get access to our bank deposits. Photo by Annette Fischer In this episode you’ll learn: How a bank panic and economic crisis in 1907 led to the creation of the U.S. Federal Reserve in 1913.How U.S. currency evolved after the establishment of the Federal Reserve.How currency, bank deposits, gold and Bitcoin … [Read more...]
188 Plus: Home In Retirement, FEEX.com and Blockchain ETFs
This week January 20, 2018 on Money For the Rest of Us Plus, we discuss what percent should one's primary residence comprise of their retirement assets or net worth. We review the website FEEX.com that provides recommendations for funds and ETFs with lower expense ratios. Finally, we analyze two new blockchain ETFs (BLOK and BLCN) as well as a crytpocurrency index and index fund. … [Read more...]
182: Was Tulipmania Just Like Bitcoin?
What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin? Photo by Andrean Valeanu In this episode you’ll learn: Why discretionary income is needed for a mania to occur.Why the tulip trade was one of the first futures market.How much were speculators paying for tulip bulbs at the top of the market.What was the impact of the tulip bulb crash.How Bitcoin is like tulipmania. Show Notes JPMorgan's Dimon says bitcoin is a fraud that will … [Read more...]
179 Plus: Bitcoin Fork, Renting Out Home and Hedging Stocks To Defer Capital Gains Tax
This week November 4, 2017 on Money For the Rest of Us Plus, we look at the upcoming blockchain fork in Bitcoin that will create a new coin and how that undermines the primary thesis of holding Bitcoin as a store of value. We address the pros and cons of hedging a stock portfolio using puts in order to defer paying capital gains tax. We also look at the pros and cons of a member renting out his primary residence as he transitions to living full time in their vacation/retirement home. … [Read more...]
167: Is Bitcoin Better At Money Than The Dollar?
Why bitcoin is a compelling speculative diversifier and how it has been a better store of value than both the U.S. dollar and gold. Photo by Dennis Wegner In this episode you’ll learn: How U.S. Notes or greenbacks became the first fiat currency. How large is the U.S. money supply and how much has it increased relative to gold and bitcoin. What is bitcoin and what is the controversy regarding transaction limits. Show Notes United States Notes (greenbacks) – … [Read more...]
MNY059 Plus: Bitcoin, Bond Liquidity and Plus Membership Changes
In this week's Money For the Rest of Us Plus episode, I discuss The three definitions of money applied to Bitcoin Whats causing interest rates to rise Upcoming changes to Money For the Rest of Us Plus The episode length is 15 minutes. … [Read more...]
MNY053 Plus: More On Bitcoin and Trend Following
In this week's Money For the Rest of Us Plus episode, I discuss How I invested in bitcoin. How bitcoin fits into the common definition of money. The psychology for why trend following works. Why I try to use quantitative criteria to make investment decisions instead of emotion. The episode length is 16 minutes. … [Read more...]
53: Should You Invest In Bitcoin?
What you need to know about bitcoin in order use it and invest in it. In this episode, you'll learn: What is bitcoin.How to store bitcoin.How new bitcoin is created.How bitcoin protects against money being double spent.What are the security issues with bitcoin.How bitcoin differs from other currencies. Show Notes Current bitcoin price and historical price chart Hive bitcoin wallet for iOS and Android Coinbase bitcoin wallet and exchange Circle bitcoin … [Read more...]
