One of my favorite economic and finance analysts is a green chicken. Yes, I’m referring to Doomberg, a team with strong backgrounds in energy and heavy industry, who started writing in May of 2021. They’re funny, super insightful, and filled with insider knowledge about commodities, energy, manufacturing, and finance. Their newsletter was free until recently, … Read more
Unless you’ve been living under a rock, you’ve now seen, heard about, or personally experienced the market crash that happened and is happening right now. The crypto twitter is aflame. Reddit is a wasteland. Telegram and Discord are panicstricken. There’s a fair amount of dancing on graves, i-told-you-so and a fair amount of defensiveness. I’m … Read more
Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. Cryptocurrency and blockchain technology both are fundamentally driven by the desire for decentralization. In this Musings, I explain why I believe that 2022 may be a turning point in crypto … Read more
Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. I recently took part in a panel discussion hosted by Elm Street Technologies. It was a fantastic discussion with other people whose expertise overlaps the world of real estate and … Read more
My friend Sam Debord, with whom I debate a lot as I do with most of my friends, recently published an excellent piece on what crypto, nfts, web3 and the rest mean for real estate. He’s a very thoughtful guy, and it’s obvious that he’s done his homework on this post. He tries to make … Read more
Happy Friday, everybody. Recently, a reader sent me this Inman article from last week in which celebrity real estate broker Ryan Serhant predicted that 50% of all transactions will be done on the blockchain: In his annual letter to clients, the luxury broker and star of Million Dollar Listing New York sang the praises of blockchain technology and its … Read more
When it comes to topics in blockchain and crypto, real estate people often talk about transactions where a buyer used Bitcoin or some other cryptocurrency to buy a house. For instance, here’s an article from BerkshireHathaway HomeServices called “Buying a home with Bitcoin.” Bitpay has a whole article on the same topic, which mentions Pacaso … Read more
For the first post of the New Year, I thought I’d start with something I expect to have to refer back to periodically throughout 2022. There’s a lot of confusion, and as a result a lot of FUD (Fear Uncertainty Doubt) about all things crypto, blockchain, NFT, the Metaverse, etc. etc. Just today, I saw … Read more
Have any of you been keeping up with NFT’s? They are the latest and greatest get-rich-quick scheme that is just a bunch of internet trolls using decent marketing to sell mediocre artwork for outrageous sums of money. That’s all, right? What are NFT’s? It turns out NFT’s, or non-fungible tokens, might change the way we … Read more