Jamie Dixon, Howard Marks, Warren Buffet, even The Wolf of Wall Street have weighed in on this. I have heard it called a lot of things but never a Teal Equity.
As we watch the price and market cap rise and rise, you may begin to doubt and think, it's too good to be true. I keep thinking to myself this is either the best kept secret in the world or Jamie Dixon et. al. are right. Is this tulip mania?, is there any hope?
Bitcoins Future
In recent weeks Bitcoin Futures have started trading on two of the biggest marketplaces in the world. CME Group began trading just this week. This adds an air of legitimacy to Bitcoin and associated Crypto and signals the next milestone of the integration of this technology into our lives.
Until today I had not read a reasoned analysis of Bitcoin. What are its strengths and weaknesses, laid out and considered by an impartial professional economist.
Bitcoin Futures
As if we didn't have enough data to play with we now have futures prices so today I headed over to cmegroup.com to look at what the market thought of Bitcoin prices for the next few months. Is it time to sell?
The chips are down
As any poker player knows it's best to keep your cards close to your chest until you have to show them. That's part of the strategy. Is this what the big guns are doing?
Mind games while working away on their strategy.
Bitcoin a Teal Equity
As I was perusing the CME Group website I came across a must read. An in depth discussion on the economic implications of Bitcoin and the role it may play as a currency. It describes Bitcoin, the technology and the possibilities in a way that I have not heard before.
Evidence, if you needed any, that the big guys are taking this stuff seriously.
Birth of the World's First 'Teal' Equity - CME Group
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