Build. Learn. Invest. Iterative Capital

We are a global financial technology firm offering liquidity services to the emerging digital currency markets.

Lightning is growing faster than anyone expected

As the Ethereum network falls further and further behind on its roadmap, project teams are left wondering what will replace it. Some say it's EOS or Dfinity, while others are holding out for late-blooming networks like Tezos or Chia. For reasons laid out in our investment thesis, these networks are non-starters. The platform that application developers need is embodied in Lightning, which combines Bitcoin's secure and reliabile protocol with a private, low-fee, unicast network trafficking in (what else?) bitcoins. Many altcoin-pushers will argue that Bitcoin is controlled by miners, rendering it somehow compromised; those following the issues closely know that such a theory was disproven by the 2017 UASF, which Forbes recounts in an article below. In addition to being a properly ownerless settlement network, Bitcoin is also the most liquid coin, most widely traded, and the strongest brand. The case for "platform" altcoins grows narrower by the day.

Development of Lightning Network

An Honest Explanation of Price, Hashrate & Bitcoin Mining Network Dynamics
"As price does its thing, hashrate will follow and settle into whatever new market conditions are in stall. Old, inefficient gear and high-cost producers are out; and until price increases again, the hashrate can only increase by miners lowering their opex. They can do this by sourcing cheaper electricity, installing more efficient mining equipment or generally cutting costs."

2017 Was The Year When Everyone (Finally) Learned Bitcoin Isn't Controlled By Miners
"In the middle of November, a critical event in the history of Bitcoin was supposed to happen as a number of large Bitcoin companies and miners were going to attempt to get everyone to move over to a new cryptocurrency network with different rules and call it Bitcoin. However, those behind the proposal realized the error in their ways and pulled their support just days before the hard fork attempt was supposed to activate."

Crypto's biggest legal problems
"The common crypto belief that it’s possible to take crypto legal relations entirely into one’s own hands may prevent crypto teams from even seeing major structural problems in the broader Crypto Legal Matrix in which they operate."

What was the ICO market like in Q3 2018?
"With new investment projects about to enter the market, as well as various countries around the world moving towards legitimatizing cryptocurrency, and talk of crypto taxes and regulations, it is fair to hope that further adoption may become ever closer. In addition to the increased availability of investment products, there are also strong fundamental news to look forward to later in 2018 and early in 2019."

The vulnerabilities in standard corporate cyber-security

Powell's ‘Just Below’ Comment Seen as Suggesting Fewer Hikes
"Federal Reserve Chairman Jerome Powell said interest rates are 'just below' a range of estimates of the so-called neutral level, softening previous comments that seemed to suggest a greater distance and spurring speculation that central bankers are increasingly open to pausing their series of hikes next year."

3 Things That Happened Just Before The 2008 Crisis Are Happening Again Right Now
"Real estate, oil and the employment numbers are all telling us the same thing, and that is really bad news for the U.S. economy. It really does appear that economic activity is starting to slow down significantly, but just like in 2008 those that are running things don’t want to admit the reality of what we are facing. Back then, Fed Chair Ben Bernanke insisted that the U.S. economy was not heading into a recession, and we later learned that a recession had already begun when he made that statement. And as you will see at the end of this article, current Fed Chair Jerome Powell says that he is 'very happy' with how the U.S. economy is performing, but he shouldn’t be so thrilled."


Load More