Time for another update. This last week in April makes for 2 full months of this DeFi experiment. Here is the original post. Background You may recall the goal was to earn $100 per month on a $500 investment or 20% per month. I failed to reach it the first month but my returns improved … Read more DeFi Update #5: 2 Month Returns on PancakeSwap
Time for another update. We have LOTS to talk about this week as there have been big moves in our underlying 3 cryptocurrencies SWINGBY CAKE BNB In fact, there is now a risk of impermanent loss, which is something we will discuss later. Background Here is the original post and investment. It’s $500 to try … Read more DeFi Update #4: What Happens When the Underlying Cryptos Make Big Price Moves
Time for another update. My original post and here is my last update. We’ve seen some big price moves in our underlying cryptocurrencies so that’s going to affect our returns. Let’s see how we did. First, what we are doing. The goal was to invest $500 and earn $100 interest in 30 days. I used … Read more DeFi Update #3 First Month End Returns on Binance Liquidity Pools
Many of you know I found my way to Bitcoin way back in 2014 when I was looking for more p2p lending options. And I found them in the form of BTCJam (RIP), Loanbase (RIP), and Bitbond, which still exists and has a niche lending to e-commerce companies. They were the first generation of Bitcoin … Read more Jumping Into DeFi: My First DeFi experiment Part 1
Square announced their 4th Quarter results after the market close on Tuesday. Square is an important company in fintech generally and for Bitcoin specifically. Why? Because of Cash App. The Cash App is just about the easiest way for small investors (and not so small) to buy Bitcoin. This is particularly true for buying in … Read more What Bitcoiners Are Missing from Square’s Q4 Report
One of the biggest stories of 2020 in Bitcoin was Paypal’s announcement that beginning in the 4th quarter they will be offering Bitcoin purchases to their 300 million+ account holders. It’s unbelievably big news for retail investor/individual adoption since Paypal was the first and biggest financial non-bank app. And then in November, Paypal announced that … Read more I Bought Bitcoin On Paypal. Should You?
Bitcoin has grown up quite a bit during the quarantine. There have been lots of stories, both important and not so important during this time when everyone is online even more than usual. So we are going to take a look at what’s happened to Bitcoin and the crypto market since March. Price Volatile yet … Read more Bitcoin: The Quarantine Years
Stuff I’m Currently Reading Cryptocurrencies are a 24/7/365 marketplace thanks to enthusiasts all over the world. So while you may have been indulging in mulled wine, fruitcake, potato latkes, or that yule log, you may have missed some of the important comings and goings in cryptocurrencies. And thanks to some big announcements by countries and … Read more Crypto News You Can Use
Securitizations are providing important liquidity to marketplace lending platforms. And that sucks for us retail investors. Back when marketplace lending was peer to peer lending, retail investors (small investors like you and me) had the promise and the opportunity to pick from many loans. They all came from the fractional loan pool for investment. Since … Read more Marketplace Lending Securitizations are Killing the Retail Investor Market
A recent trend in fintech is that everyone that has a tech platform of some kind and has lots of customer data is offering financial services through that platform. It’s nothing new really. Paypal has been lending to its customer base for years. Square has Square Capital for the exact same thing. But the trend … Read more Fintech News: Partnerships & Earnings