Every once in a while I come across a situation where I see someone convinced that their form of payment has to be accepted because it is “legal tender”. Usually it is someone insisting a store has to take their cash or a long-winded essay about Bitcoin’s status as legal…

“This is not investment advice.” is the phrase you come across frequently navigating any media dealing with investments. It is also the source of frustration for many of my friends where the conversation goes something like this: “Do you own [xyz]?” “yes” “Think price is going up?” “yes, probabilistically speaking” “Should I buy it?” “Not…

The last article I wrote on GME was to avoid repeating myself to every single person who was directly asking me what is happening with r/wsb stocks. A month later, we are having an encore. Like before, I will only focus on the market microstructure aspect of this pop and…

A common question I receive is: “What stops anyone from cloning Bitcoin and starting their own cryptocurrency?“ Most common reaction is a tie between confusion and shock when they hear my answer: “Technologically, nothing at all.” Bitcoin has a hard supply cap at 21m. If there is nothing stopping anyone…

My phone has been buzzing almost every minute for the last three days with my friends asking what is going on with GME, what call strike is going to give them 10x, and whether Blackberry, AMC, or Tootsie Roll is the next GME. I have traded options both professionally and…

Will Donald Trump be inaugurated for his second term as President of the USA on Inauguration Day, January 20th, 2021? If you answered “No” to that question, then head on over to Polymarket where this contract is still trading for 4c, a week before Inauguration day. That’s 208% annualized. Note that the Biden contract is trading at 88c at the time of this writing, meaning that there is an 8%…