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A collection of 4 posts
Crypto: Medium of Exchange, Store of Value, and the Inherited Constraints
Opinion

Crypto: Medium of Exchange, Store of Value, and the Inherited Constraints

In modern finance, Medium of Exchange and Store of Value have structurally diverged. Design choices constrain outcomes. Cryptoassets with inelastic supply, such as Bitcoin and Zcash, are bound to function as Store of Value and not Medium of Exchange.
05 Jan 2026 3 min read
Cashu ecash: A Market-Driven Evolution of Digital Money
Crypto

Cashu ecash: A Market-Driven Evolution of Digital Money

Cashu eCash reintroduces digital bearer money on Bitcoin, enabling private, instant transactions while opening the door to credit and financial innovation. The system offers a new frontier for Bitcoin payments, shaped by market dynamics and user-driven solutions.
31 Mar 2025 4 min read
The case for something new in the crypto credit space
Crypto

The case for something new in the crypto credit space

DeFi was developed to make credit markets more transparent in the crypto space, but its drawbacks, high-fees and high impact security vulnerabilities, are quite severe. This is the beginning of a proposal for a transparent-yet-centralized credit platform.
10 May 2022 4 min read
Market Making in Stellar 101: Fundamentals & Kelp
Crypto

Market Making in Stellar 101: Fundamentals & Kelp

Brief introduction to Market Making in Stellar. Main concepts in security markets and market making. The importance of fostering this activity in Stellar and introduction to Kelp.
09 Sep 2020 10 min read
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