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Drax
@drax.leo
65
Alternative account of drax; financial/crypto/economy/current affairs blogging
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58
Following
35
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https://hive.blog/@drax
Created
October 25, 2020
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drax.leo
LeoFinance
2025-11-09 15:56
November 9th 2025 - Trump's Mortgage Gambit
In a move that has drawn equal parts bewilderment and scepticism, former President Donald J. Trump has proposed extending the standard American mortgage term from 30 to 50 years as a solution to the nation's
$ 3.299
124
1
drax.leo
LeoFinance
2025-07-23 09:06
July 23rd 2025 - American Trilemma
The unsustainability of the United States' public debt has emerged as a critical existential threat to its future, Western civilisation, and humanity at large. As of 2025, the U.S. debt-to-GDP ratio stands
$ 2.285
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drax.leo
LeoFinance
2025-06-13 08:06
June 13th 2025 - King Cotton and King Bitcoin
The parallels between the antebellum South’s “King Cotton” ideology and contemporary Bitcoin maximalism reveal a troubling pattern of economic hubris and moral complacency. Both doctrines elevate a single
$ 2.552
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drax.leo
LeoFinance
2025-04-11 13:13
April 11th 2025 - It's Too Early to Tell...
The apocryphal remark attributed to Zhou Enlai, China’s premier from 1949 to 1976, that it was “too early to tell” whether the French Revolution had been a positive development, has long symbolised China’s
$ 9.212
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drax.leo
LeoFinance
2025-04-06 06:04
April 6th 2025 - Trump's Shock
The imposition of harsh tariffs by former US President Donald Trump has sent shockwaves through the global economy, reminiscent of the seismic shifts triggered by Richard Nixon's 1971 economic policies
$ 9.218
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drax.leo
LeoFinance
2025-02-26 10:36
February 26th 2025 - Crypto's Dilemma
Andreas Steno’s recent tweet lamenting the crypto sphere’s abandonment of its libertarian roots—"sovereign individuals" resisting state overreach—in favour of courting political and institutional
$ 7.656
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drax.leo
LeoFinance
2025-02-16 11:54
February 16th 2025 - Another One Bites the Dust
Javier Milei, the self-proclaimed "anarcho-capitalist" and chainsaw-wielding President of Argentina, was once hailed as a heroic figure within the cryptosphere. Even before his election, Milei
$ 9.525
178
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drax.leo
LeoFinance
2025-01-27 19:29
January 27th 2025 - DeepSeeked
It is easy to imagine, and indeed, based on social media reactions, it almost feels as though most cryptocurrency enthusiasts viewed Donald Trump significantly more negatively after the first seven days
$ 2.729
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drax.leo
LeoFinance
2024-10-16 10:40
October 16th 2024 - Can Blockchain Rescue History?
The preservation of our digital history faces unprecedented challenges, particularly as the landscape of the internet evolves. One of the pressing issues is the reliability of blogging platforms. Many
$ 8.126
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drax.leo
LeoFinance
2024-09-02 14:29
September 2nd 2024 - When It's Too Good to be True...
The recent Chase Bank glitch, which saw individuals attempting to exploit a supposed loophole to withdraw large sums of money, starkly highlights a recurring theme of greed and folly in financial behaviour.
$ 2.524
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drax.leo
LeoFinance
2024-08-27 11:32
August 27th 2024 - Carrots Getting Shorter, Sticks Getting Longer
The recent arrest of Pavel Durov, the founder of Telegram, by French authorities has ignited a fierce debate about free speech and the responsibilities of tech executives in moderating content on their
$ 2.222
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drax.leo
LeoFinance
2024-07-04 17:46
July 4th 2024 - Bear Market That Can Be, Unburdened by What Has Been
The cryptocurrency world has been grappling with an uncomfortable reality in recent months: the slow and frustrating Bitcoin price action has finally given way to a spectacular downturn, accompanied by
$ 2.655
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1
drax.leo
LeoFinance
2024-05-31 17:42
May 31st 2024 - Trump Crypto Bromance
One of the more surprising developments in the campaign for the 2024 US presidential elections, and probably the most important for the future of cryptocurrencies in the USA and the broader world, is the
$ 17.002
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drax.leo
LeoFinance
2024-04-30 18:12
April 30th 2024 - Another Cycle, Another Crisis
“This time is different” is a mantra often repeated during bull cycles, with cryptocurrency enthusiasts, at least those subscribed to the dogmas of four-year Bitcoin cycles, often disregarding it. While
$ 14.067
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drax.leo
LeoFinance
2024-03-28 09:00
March 28th 2024 - "Unaliving" of Crypto
The emergence of the term "unaliving" in contemporary online discourse is one of the least appreciated, but actually the most frightening development, a phenomenon that signals emergence of the
$ 12.037
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drax.leo
LeoFinance
2024-02-28 11:06
February 28th 2024 - Up Bitcoin, Down Hive
As the price of Bitcoin, fuelled by insatiable appetite of recently approved ETFs in USA, appears unstoppable in its reconquest of 2021 ATH, most of the cryptosphere appears happy, almost to the point
$ 12.170
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drax.leo
LeoFinance
2024-01-31 19:48
January 31st 2024 - Another Influencing Fiasco
“Bitcoin ETFs are the best thing since the invention of sliced bread. When Gary Gensler finally sees the light and SEC approves Bitcoin ETF that would signal institutional investors and really big players
$ 3.304
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drax.leo
LeoFinance
2023-12-31 15:47
December 31st 2023: My Comment on Coin Bureau's Crypto Predictions for 2024
2023 was generally a bad year for crypto social influencers. Like in other bear markets, many reputations forged when the numbers had been going up, became worthless when the number went down and, together
$ 8.629
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drax.leo
LeoFinance
2023-12-24 14:35
December 24th 2023 - Etherisation of Bitcoin
2023 was supposed to be a good year for Bitcoin Maximalists. And on the surface it looks so. The Bitcoin price, that was more or less in the toilet in November 2022, recovered spectacularly and those who
$ 9.142
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drax.leo
LeoFinance
2023-09-26 10:29
September 26th 2023 - Nancy Reagan Was Right
While there were cryptosphere downfalls with far more reaching consequences, few in recent memory are as spectacular as the meltdown of Ben Armstrong a.k.a. Bitboy Crypto. Short time after being ousted
$ 3.530
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