When Will the Last Bitcoin be Mined?
There are currently 14.81 million bitcoin in circulation. The way the bitcoin protocol was designed, there is a a hard cap of 21 million bitcoin. There will never be more than 21 million. As the value of bitcoin goes up, there may be multiple splits over time. According to Coinbase, which I use for my […]
Will Blockchain Technology Reduce Reliance on Humans
I found this article very interesting. It discusses how computer technology is capable of achieving dominance because it rewrites the laws of how things work. The change is based on replacing things based on steel and paper with something based on mathematics and science. The article describes how blockchain technology, the underlying infrastructure supporting bitcoin, represents an […]
Is Bitcoin Going Anywhere?
Skeptics about bitcoin abound. I remain bullish. One theory catching on is the underlaying technology infrastructure which makes bitcoin work, called the blockchain, is a breakthrough. Financial firms have gotten quite interested because the blockchain can enable money (or any kind of asset) to move around the world instantly and at very low cost. It […]
Apple Watch A Dud?
As usual, the Apple Keynote at its Worldwide Developer Conference (WWDC) was done with great marketing aplomb. For two hours and 24 minutes, it was tell them what you are going to tell them, tell them, and then tell them what you told them. They do it masterfully every time. Also as usual, some financial analysts and […]
Genesys XXI
The 21st Annual Genesys Partners Venture Dinner — Genesys XXI– Tuesday night at the Union League Club in New York included more than 100 invited venture capitalists, investors, journalists, entrepreneurs, and industry executives. As always, Jim Kollegger — CEO of Genesys Partners and one of the pioneers of the information industry — was an elegant master […]
