Quote of the week: December 5th, 2022

“Government is force, pure and simple. There’s no way to sugar-coat that. And because government is force, it will attract the worst elements of society – people who want to use government to avoid having to earn their living and to avoid having to persuade others to accept their ideas voluntarily.” – Harry Browne

It’s a big club and you ain’t in it

I had the pleasure of talking with Mark Moss at Bitcoin Miami this year. I’ve always felt that Mark provides very well researched and timely content to his followers. His latest podcast details some of the relationships that FTX CEO Sam Bankman-Fried has with regulators, politicians and other grifters. He lays it out well and … Read more

The oldest Bank in America has added crypto services…

Bank of New York Mellon has recently announced that they will begin providing custody for Bitcoin and Ethereum and “the bank will store the keys required to access and transfer those assets, and provide the same bookkeeping services on those digital currencies that it offers to fund managers for their portfolios of stocks, bonds, commodities … Read more

FASB issues new guidance on Digital Assets

FASB (Financial Accounting Standards Board) has just issued new guidance on Digital Assets  indicating that public companies will be able to value certain  digital assets at Fair Market Value on their Balance Sheets. This directive was long hoped for as public companies previously had to report digital assets at their historical cost minus impairment charge. … Read more

Quote of the week: September 25th, 2022

 “The refusal of King George to allow the colonies to operate an honest monetary system, which freed the common man from the clutches of the money manipulators was probably the primary cause of the revolution.” – Benjamin Franklin

Quote of the week: September 4th, 2022

“The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is … Read more