The Fiat Standard by Saifedean Ammous Summary
The Fiat Standard compares the current monetary system to a Bitcoin monetary system.
2022
How to Value Cryptoassets
There are 5 main ways to value a cryptoasset: total addressable market, the equation of exchange, Metcalfe’s Law, cost of production, and stock-to-flow.
The History of American Money
Today, the American economy operates under a monetary system which is completely outside the Constitution. Its fiat money is continually manipulated both in value and quantity. This has had a devastating impact on its purchasing power, which is now down to about 8 percent of its 1933 value.
Elwood Research 10
Friday Finds 18
Unless you can watch your stock holdings decline by 50 percent without becoming panic-stricken, you should not be in the stock market. – Warren Buffett
What They Don’t Teach You at Harvard Business School by Mark McCormack Summary
You need talent, persuasion skills, and an understanding of how the game is played.
Why The Canadian Trucker Protests Matter
The big takeaway is that a democratic Western nation can and will freeze the assets of its own citizens.