-Unhedged: bitcoin is equity, not money — I couldn’t agree more with this piece. In the past I have posted about how I don’t view Bitcoin as a currency and I think talking about it as such is a mistake. The challenge with Bitcoin is that it’s close to impossible to allocate value to it. It’s all about predicting future hype. People will say, but isn’t that the same with the dollar, but I would disagree since there are many factors underlying dollar value for example (gdp, debt, foreign policy …) This statement I think summarizes it well:
Bitcoin is best thought of as equity in a company whose only asset is a promising but unproven technology — this is not strictly true, but it is the right metaphor.
-Some Vaccines Help Nations Exit The Pandemic Faster Than Others — interesting story about how mRNA vaccines are providing higher protection against spreading the virus.
-weekend listen: How the World’s Companies Wound Up in a Deepening Supply Chain Nightmare — great podcast episode about ins and outs of global shipping.
-weekend long read 1:In a Small Town, a Battle for Racial Justice Confronts a Bloody Past and an Uncertain Future — a couple of years ago Chief Justice Roberts said we live in a post racial America, I couldn’t disagree more with that view
-weekend long read 2:https://www.nytimes.com/2021/05/10/t-magazine/fragrance-perfume-orientalism.html— ending on a lighter note …
