The US-focused shakeout in financial markets has at least given us clarity on one point: bitcoin is not “digital gold” or a “store of value”, to mention two grand claims made about the cryptocurrency when its price was going up.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
Tuesday, January 25, 2022
Crypto’s gold standard claims are fading fast
The US-focused shakeout in financial markets has at least given us clarity on one point: bitcoin is not “digital gold” or a “store of value”, to mention two grand claims made about the cryptocurrency when its price was going up.
Monday, January 24, 2022
Quote of the day...
Saturday, January 22, 2022
Friday, January 21, 2022
Crypto Crash
The latest (as of posting time) in the seemingly endless chain of crashes, punctuated by suckers rallies in the crypto markets. Bitcoin down -14%, Etherium -18%, Ripple -15%, Litecoin -17% since midnight.
Friday, January 14, 2022
Russia reportedly preparing false flag operations in Ukraine
Thursday, January 13, 2022
Prince Andrew is stripped of military honours and patronages
HM The Queen has stripped Prince Andrew, the Duke of York, of all his honorary military titles and royal patronages. Additionally, he is no longer permitted to use his HRH, according to an announcement from the Palace. The announcement stated that the Duke will defend himself in his current court case as a private citizen.
I have up to now refrained from commenting on this sordid business, but I think this worth noting. My only response is that this is as welcome as it is overdue.
Saturday, January 08, 2022
Thursday, January 06, 2022
Manhattan's new DA will seek jail sentences only for 'most serious crimes'
Saturday, January 01, 2022
Happy New Year
So; happy new year everybody. If the blog looks a little off, or it looked really weird earlier, it's because I had a massive brain fade this morning. While tinkering a bit with the layout in preparation for adding a few links, I accidentally deleted a large chunk of the side bar. If you think you faintly heard someone from the far side of the country screaming words and phrases typically associated with angry and or drunken sailors, it was probably me. I have since discovered that blogspot does NOT cache or save earlier versions of your blog. So, I spent a good deal of my day going through the waybackmachine that, thank G-- does preserve, and manually rebuilding my sidebar one link at a time.
Here's hoping this is not an omen for how 2022 is going to go.