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One day we’ll all yawn about blockchain
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In all the excitement of the latest cryptocurrency bull run—Tesla buying Bitcoin, Ethereum hitting all-time highs, Snoop Doge—it’s easy to overlook what makes the technology underpinning all this newfound loot so exciting. Mostly people just want to talk about the big price movements. And space shuttle cartoons. (Not that I’m against price talk.Wheee!) But real […]
The problem with Coinbase’s valuation
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It defies the laws of economics. Read More
SPACs just broke the annual record for new issuance—in March
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It’s not going to end well for investors in special purpose acquisition corporations. Read More