At Consensus 2021, on May 27th, long time bitcoin bull Cathie Wood of Ark (I’m a huge fanboy!) said that the the 50% drop in price in bitcoin “ … was precipitated by the ESG movement and this notion, which was exacerbated by Elon Musk, that there are some real environmental problems with the mining of bitcoin. A lot of institutional buying went on pause.”

Per an article in Fortune by Isabella Weber on May 21, “China just cracked down on privately mined cryptocurrency and we saw the market for Bitcoin fall down a cliff.”

While there is always FUD

Click here to watch the replay on YouTube

If you spend much time on CT (crypto Twitter), there seems to be two schools of thought on the current climate for crypto in China given recent government announcements. The first school is represented by this meme:


I was in a Clubhouse room yapping about Bitcoin yesterday, and as usual, the first question was my price target for the digital currency.

I quickly walked through my 10-year, $1 million price target, as I had done on CNBC earlier in the day. But that was an unsatisfying answer to some, as 10 years is a long time to wait.

So they asked me where I thought Bitcoin would be at year-end. I answered as I had when I wrote “The Two Reasons Why The Forecasts For Bitcoin YE 2018 Were So Horribly Wrong,” in late 2018, that no…

Denver Museum of Nature & Science mural depicting the Cambrian Explosion

I’ve written 250+ crypto related posts since I saw the crypto light on June 29th, 2017. The most widely read of those all those posts is titled “7 Thoughts On Blockchain, Cryptocurrency & Decentralization After Three Months Down The Rabbit Hole”. The 5th thought was It’s A Bubble….So What”. I went on to explain:

I say “so what” because I believe in Amara’s Law: We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run. This is part of the reason we get bubbles. We get overexcited about a…

Coinbase’s first-quarter results, released after the close of the market on Thursday, reflected the strength of the crypto price cycle that started in the fourth quarter of 2020, as crypto market capitalization soared to nearly $2 trillion at the end of Q1 2021 compared to $775 billion at the end of last year.

Net revenue was $1.6 billion during the three-month period through March 31, which represented a more than 700% increase from the figure of roughly $180 during the same time in 2020.

Retail net transaction revenue was $1.46 …

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” — Buckminster Fuller

On May 3rd, BigToken, on behalf of its fellow co-founders, was proud to announce the launch of the Data Privacy Protocol Alliance (DPPA), a collective of tech companies, brands, ad agencies, privacy rights advocates, and concerned individuals, with the mission:

To build a community that develops and governs a decentralized data ecosystem for the world’s data to be stored, shared, and exchanged for value in an efficient, transparent and ethical way.

Each of our 25…

“It was the best of times, it was the worst of times..” ― Charles Dickens, A Tale of Two Cities

We live in a time of incredible technical innovation. But it’s a double edge sword. As the world has become increasingly digital, data has emerged as the new oil. And like oil, raw data isn’t valuable in and of itself. The real value is created when it’s connected to other relevant data. In other words, data is a scale business, and no one has more data/scale than FAMGA (Facebook, Apple, Microsoft, Google & Amazon).

I published “The Profound Implications of…

On April 15th, we held our first crypto webinar with several Bitcoin experts including Mike McGlone, Senior Commodity Specialist for Bloomberg Intelligence and Cory Klippsten, Founder and CEO of Swan Bitcoin, co-hosted by technology investor and Clubhouse impresario, Jay Gould. We covered multiple topics over the course of the hour from price predictions of bitcoin, to the risks of governments banning bitcoin, and bitcoin education. You can view a replay of the webinar below:

Or you can read our seven highlights below (co-written by K. Alex Brown).

1. The Digitization of Money Is As Revolutionary & Impactful As When Paper Money Was First Introduced as a Currency

Bloomberg’s Mike McGlone described digital currencies like bitcoin as having the critical…

On January 24th, I wrote a post titled “The 5 Reasons I’m Joining BIGtoken As CEO” after a 15 year hiatus from operating companies. Now, after three months on the job, I took a step back to reflect on lessons learned to date.

1 . Working Remotely Works

Taking the reins of a company with 50+ employees is always a challenge, and doing so while everyone is working remotely presented additional challenges. But working remotely is working for BIGtoken, as well as many other companies:

Click here to register for call on Zoom

With the price of bitcoin more then doubling year-to-date, are we closer to the beginning or the end of this cycle? What’s driving the surge in price? How high can bitcoin go? What are the risks to the bitcoin thesis? As bitcoin matures, will it continue to have the dramatic price swings that have kept many investors at bay? Will bitcoin emerge as a means of payment? Is it a positive or negative sign that bitcoin’s dominance, at just 54.5% …

Lou Kerner

Believe Crypto is the biggest thing to happen in the history of mankind. Focused on stablecoins (founded & communities (founded. CryptoMondays)

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