, Columnist
High-Frequency Trading for Bitcoins
Also director primacy, mutual-fund antitrust and private secondary markets.
Crypto colo.
It is not original to me, but one thing that I think and write a lot is that cryptocurrency enthusiasts keep re-learning the lessons that regular finance learned decades ago, and that you can see a lot of financial history replaying itself, sped up, by observing cryptocurrency. (I have occasionally also argued that the story of cryptocurrency might actually be the opposite, that it’s about traveling back in time to progressively forget the lessons of modern finance, but never mind that.)
