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Immensely stupid fragility, March 2023

Is it bad if a bank crash makes the right companies fail?

Postulate on Digital Money

It took me years of study to get there, but it was worth it…

Incoherence of cryptoassets, the best parts

Some things are just too good to not synthesize them.

Venezuela, the unlikely leader of digital payments

Not so unlikely, when you think about it.

Pandemics, pension funds, and cheap money

How long can they coexist?

What's good in Libra Shrugged? Arrogance, exposed.

Facebook’s arrogance, that is. Or immaturity. Or both.