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The grumpy older man

musings about life and everything it throws at us

Tag: crypto assets

November 18, 2022November 18, 2022

Crypto Winter

by Grumpy Old Man Leave a Comment on Crypto Winter

Not that long ago, crypto currencies were all the rage: Fortunes were made on even the most obscure of tokens and trading volumes went through the roof, with investors from the most seasoned to the rookies jumping on the bandwagon. How things have changed in recent months! Just look at Bitcoin, the crypto currency which […]

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December 19, 2021December 19, 2021

Bitcoin City (but not where you’d expect it)

by Grumpy Old Man 5 Comments on Bitcoin City (but not where you’d expect it)

El Salvador ranks 124th among 189 countries in the Human Development Index and with a GDP of $4100 per head of its population of 6.4 million certainly ranks among the poorest countries. But that, if all goes according to the plans of its President, Nayib Bukele, could all soon change. While a law passed in […]

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December 8, 2021December 8, 2021

Satoshi Nakamoto

by Grumpy Old Man 5 Comments on Satoshi Nakamoto

Nobody has ever knowingly met Satoshi Nakamoto, the inventor of Bitcoin, but many techies in recent years have claimed to be him. Nakamoto-san (if he were then really Japanese and a person rather than quite possibly a group of people), is rumoured to hold some 1.1 million Bitcoins, now worth a staggering $50 billion. But […]

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January 21, 2021January 21, 2021

Bitcoin – one year on (from my last post)

by Grumpy Old Man 2 Comments on Bitcoin – one year on (from my last post)

You probably won’t remember my post about Bitcoin on 8 January 2020. I concluded with the statement made by John McAfee (yes, the John McAfee of the famous antivirus software) in 2017 that by the end of the year 2020 one Bitcoin would be worth 1 million Dollars. Well, it hasn’t happened and I am […]

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