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Part Time Economist
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Part Time Economist
The Part Time Economist
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The Splinterlands team recently revealed a proposal that will simultaneously give players deep discounts on purchasing in-game items like land potions, upgrading guild halls, and purchasing skins while also boosting the price of the in-game Dar
Less than 12 short months ago, BTC was trading at over 50K, Ethereum was trading at over 4K, and the entire crypto world looked forward to 2022 with the hope that easing lockdown restrictions and a growing economy would bring good fortune to th
The Splinterlands blockchain-based video game has considered introducing solulbound NFT rewards cards in an effort to stop bots from farming the rewards, selling them, and driving down the value that real players earn from interacting with the
Donald Trump's recent superhero NFT drop quickly sold out, and the floor price of the Trump NFTs on OpenSea is currently sitting at about 4X the initial purchase price of $99. This implies that both the collection and initial Trump NFT investor
The legendary Warren Buffet once said that it is wise for investors to be âfearful when others are greedy, and greedy when others are fearful.â Similarly, the infamous Nathan Rothschild said that "the time to buy is when there's blood in the st
Outrageous cryptocurrency price predictions are nothing new with many people seeking to gain clout and followers by predicting either an extremely high price or, in other cases, predicting that the price of bitcoin will go to zero. While sensat
Over the past couple of years, we have seen the worst of the worst when it comes to crypto lenders. Celsius, FTX, and countless other firms have lost billions in customer funds and face accusations of mismanagement. So, if there was a cryptocur
In the latest cryptocurrency drama, many Apple users woke up to find that they could no longer sell or transfer their NFTs out of their Coinbase wallets. This nasty surprise is all thanks to Apple's policy which requires a 30% cut of all in-app
In the weeks since the complete implosion of the FTX cryptocurrency exchange, it has become clear that billions of dollars worth of customer funds weren't the only casualty of this disaster. In addition to the massive loss of wealth, the market
In a situation that has become far too familiar to cryptocurrency investors, the FTX cryptocurrency exchange recently filed for bankruptcy. As a result, customers have lost around  $8 Billion. Although we have become accustomed to failures of c
The Solana blockchain narrowly averted another network outage as cloud service provider Hetzner turned off 40% of the nodes with the flip of a switch. The issue isn't unique to Solana, and centralized providers host up to 70% of Ethereum's node
Play-to-earn gaming (P2E) leverages blockchain technology to allow players to earn real-world rewards for simply playing their favorite video games. Play-to-earn gaming sounds like a utopia that pays players for having fun, but could there be a
Contrary to popular belief, having a limited or fixed supply does not make a cryptocurrency or other asset inherently valuable. Rather, price is determined by both supply AND demand, and assets that are produced in small quantities (limited edi
Non Fungible Tokens, also known as NFTs, are a fantastic way of representing assets as we move to an increasingly digital world. Because NFTs leverage the power of blockchain technology and cryptocurrency, it's possible to have an immutable pub
Many cryptocurrency experts recommend keeping your cryptocurrency offline in cold storage for maximum security, but what happens when you do send your crypto to a third-party cryptocurrency exchange? What goes on behind the scenes, and how do c
Stablecoins are one of the most fundamental building blocks of the cryptocurrency ecosystem. Without stablecoins, trading on most crypto exchanges would grind to a halt, and DeFi would be incredibly risky. We know that stablecoins are important
After being hacked for around $570 Million, the Binance Smart Chain did what any other self-respecting, decentralized, permissionless, unstoppable blockchain would do...they coordinated with all validators to collectively freeze transactions an
People often say that Decentralized Finance (DeFi) is like "money legos" and that the composability of cryptocurrency is the key to building a new financial future, but what does this mean? In today's post, I'll explain how different DeFi proto
What if I told you it was possible to guarantee that you would NEVER sell your Bitcoin for less than $100k regardless of the bear market? Or, what if I told you that even during the next bull run, I could guarantee that you wouldn't pay a penny
With thousands of different cryptocurrencies and hundreds of different blockchains, there are almost limitless ways for crypto investors to put their capital to work earning a return. Unfortunately, not all blockchains have the same level of fe
As the cryptocurrency bear market continues, many crypto influencers continue to sell their audiences Hopium by promising that they will all eventually profit if they simply continue buying into the market no matter how far the price falls or w
Why do some cryptocurrencies charge users high transaction fees to use the blockchain while other cryptocurrencies are "gas-free cryptocurrencies" that don't charge fees for each transaction? Are some cryptocurrencies greedier than others, or c
Cryptocurrency exchange Binance recently grabbed the news headlines with the announcement that it will automatically convert users' USDP, USDC, and TUSD stablecoins into Binance's proprietary BUSD stablecoin. Critics alleged that Binance was tr
If you're new to cryptocurrency, you may occasionally hear the term "fractional reserve banking" used negatively. Even if you don't understand what fractional reserve baking is, the ominous tone of the podcaster's voice clearly lets you know th
Unfortunately, it seems like we are constantly hearing about "pump and dump" scams in cryptocurrency where a project will create a token out of thin air and promise that it will change the world, empower the poor, and bank the unbanked. With no
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