What Warren Buffett Gets Right About Bitcoin

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Warren Buffet’s most recent critique about Bitcoin is its lack of “producing” anything, which actually proves its monetary properties and usefulness as money. Before I exited academia, I trained as a financial historian. I looked at balance sheets in dusty, old archives and I investigated what banks were doing in Victorian Britain; I ran fancy … Read more

Warren Buffett-Backed Digital Bank Nubank Buys Bitcoin, Adds Trading In App

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Brazil’s largest digital bank added bitcoin to its treasury and now allows customers to buy, sell and hold the currency in its mobile app. Nubank now enables its customers to purchase bitcoin in its mobile app. Nubank will also allocate 1% of its portfolio to bitcoin to “strengthen the company’s conviction” in the potential of … Read more