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Updated Dec 31, 2020 at 8:05 p.m. UTC Crypto Dollars and CBDCs: The Battle to Come By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight. Bitcoin’s rally stopped short due to a lack of trust and high volatility, rather than any state intervention. That was when people realized crypto assets needed a bridge to fina...

Updated Dec 26, 2020 at 3:17 p.m. UTC Coming in 2021: Two Separate Digital Superhighways After a crazy year with predictably strong growth in decentralized finance (DeFi) and store-of-value (SoV) crypto assets generally, things are about to get weird. Diversification is the only way to stay sane.  Crypto is set to bifurcate and we will begin to see two parallel economic superhighways being built and used. One economic superhighway will be for know your customer (KYC)-compliant “digital currencies” such as central bank digital currencies (CBDC) or corporate-backed digital currencies such ...