What Drives the Value of Crypto Currencies?

Portfolio managers seek investments that promise high returns and low correlations with their other positions.  For the past few years, crypto currencies have demonstrated these qualities better than other major asset classes, such as US equities, US bonds, gold, US...

Cryptoasset Analysis

For the last two years, we’ve been running a buy-and-hold cryptoasset hedge fund. These assets are a new investment class with many desirable features, including extraordinary upside potential and price movements that are highly non-correlated with other asset classes...

Thoughts on Sidechains

Who is blockstream and what exactly are sidechains? Blockstream is a company that recently raised $21M and has a bunch of bitcoin core developers as founders. Their master plan is to extend bitcoin in ways that make it more expressible and open.  The first part of...

How Could an AltCoin Win?

Bitcoin is currently the dominant digital currency. What would it take for another digital currency to displace it, or at least carve out a sizable market for itself? Some would argue that nothing will displace Bitcoin. The network effect of currencies is too strong,...