BlogHide Resteemscharleshughsmith (31)in bitcoin • 7 years agoIs One Reason Why the Status Quo Disdains Bitcoin Is the "Wrong People Are Getting Rich"?The psychology of money, wealth and speculative manias is endlessly fascinating. Most of what's written on these subjects focus on the process of building wealth as if it were a quasi-science…charleshughsmith (31)in bitcoin • 7 years agoCould Central Banks Dump Gold in Favor of Bitcoin?Exhibit One: here's your typical central bank, creating trillions of units of currency every year, backed by nothing but trust in the authority of the government , created at the whim of a handful…charleshughsmith (31)in money • 7 years agoWhat Is Money? (Yes, We're Talking About Bitcoin)What is money? We all assume we know, because money is a commonplace feature of everyday life. Money is what we earn and exchange for goods and services. Everyone thinks the money they’re…charleshughsmith (31)in bitcoin • 7 years agoDid Anyone Do Even a Minimal Check on the Sensationalist Bitcoin Electrical Consumption Story?Let's start with a primer on how to write a sensationalist story that can be passed off as "journalism:" Locate credible-sounding data that can be de-contextualized, i.e. sensationalized.…charleshughsmith (31)in bubbles • 7 years agoBeware the Marginal Buyer, Borrower and RenterWhen times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By "marginal" I mean buyers, borrowers and renters who have to stretch their finances…charleshughsmith (31)in bitcoin • 7 years agoWhy Is Bitcoin a Big Deal?Why is bitcoin considered such a big deal? Why has it grabbed so much mind-share, and why is it skyrocketing? And why is the cryptocurrency sector going bonkers? The short answer is that…charleshughsmith (31)in introduceyourself • 7 years agoMy introduceyourself postGreetings, fellow Earthlings, as a newbie I'm trying not to stumble too badly here, so I've taken the recommended photo of myself with today's date, plus here are my Twitter, Facebook and YouTube…