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Erik Budde

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Crypto Curious: Teach Me How to Dougie

Today we'll get our hands dirty and I'll teach you how to Dougie use Solana, because, you know, all the female dogs crypto curious love me. 🟢 Gradually Quick update at the top on the Bitcoin ETFs. As of Friday, total net inflows to Bitcoin ETFs are at $2.3 billion. Again, I’m not a trader and this is not investment advice, but I think there is a good chance that Bitcoin goes on a bit of a run here. There seem to have been a number of investors waiting to get the heck out of GBTC and over $6...

19 days ago • 9 min read

I gotta get this out so I can go watch the next episode of the Adventures of Taylor & Jason. First, we’ll quickly recap the Bitcoin ETF launch. Then, we’ll introduce Solana, the blockchain du jour. 🟢 Bitcoin ETF Launched As predicted last issue, 11 Bitcoin ETFs were approved on January 10 and started trading the next day. By most measures, the launch was wildly successful. Both Blackrock and Fidelity are nearing $2 billion in assets already, trading spreads have been narrow and the NAV...

about 1 month ago • 5 min read

No “Happy New Year” for you. We’re past the statute of limitations and ain’t nobody got time for that when crypto is poppin’ off. Also, given I now have a day job, I’m going to switch up the structure of these e-mails. Instead of intricately interwoven gripping 3-act stories you’ve been getting, they will now be shorter, one-off pieces. Let’s see how it goes. 🟢 Oh My God, It’s Happening Remember that feeling on Christmas Eve when you were *sure* Santa was going to bring you that G.I. Joe with...

about 2 months ago • 3 min read

At my recent business school reunion (I know, it’s hard to believe it’s been five years already!), I was asked to represent crypto on a panel covering “Investing and Financial Planning for the Next 20 Years.” On the panel with me was a super nice, very smart classmate who works for a very large institution where he manages hundreds of billions of dollars across all types of investments. Perhaps not surprisingly, he was broadly dismissive of crypto as an asset class, but his biggest expressed...

5 months ago • 8 min read

Guess who’s back? Not me. I never actually left and will always be here for all of your crypto curiosities. But crypto is slowly regaining some steam. After getting pummeled in the last twelve months, crypto has quietly built some momentum with a series of wins in the past few months. In the words of the bard of our times: So the FCC SEC won't let me be Or let me be me, so let me see They tried to shut me down on MTV NYSE But it feels so empty without me [Next two lines redacted.] And get...

6 months ago • 7 min read

Look, I wish I knew how to quit you. I did say I might do occasional one-off messages when something struck. I know it’s barely a week since the last Crypto Curious, but it took Tom Brady a few tries at retirement before that stuck. Before I wrapped, I had been working on a thread about the power of memes. It never quite came together, but then yesterday was Bitcoin Pizza Day and I was inspired. We’ll start there, share the “Rest of the Story” and then see how it all ties in to Jesus. 🟢 Pizza...

9 months ago • 9 min read

I started writing Crypto Curious just over a year ago. Much has transpired in that time. I’ve learned a ton myself and hopefully you’ve learned a bit as well. But, for now, I’ve decided to take an indefinite hiatus. I remain as bullish on crypto as ever, but I also have to recognize that not everyone is as interested in the space as I am. While there once seemed to be an audience of people that were truly “Crypto Curious”, the current vibe is a bit more “Crypto Indifferent.” Demonstrating my...

10 months ago • 6 min read

Apologies for the one day delay in this issue, but between the second largest bank failure of all time and the government announcing that it won't be able to pay its bills in a month, it was a busy day. But, yeah, things are going pretty well in global finance. At least we have JT to welcome in the new month. On to it. 🟢 Europe: Cradle of Innovation Big Idea: Regulatory Competition Last week the European Union approved broad crypto legislation around Markets in Cryptoassets (MiCA) with...

10 months ago • 6 min read

As promised, this issue is made up of reader questions. Let's get to it! 🟢 Question: “Are you seeing any material use cases for crypto on the horizon? So far: Bitcoin store of value” – Steve from Buffalo A site called Token Terminal does a great job of putting together financial statements for dozens of crypto projects that mimic what you might find in an 10-Q of a public company. Let’s take a look at Ethereum for example. For Q1 of this year, users paid $457 million in fees. So this is what...

11 months ago • 3 min read

Look, I know y’all came here to learn about sexy topics like Proto-Danksharding, but it’s clear that regulatory, legal, and political developments are dominating crypto right now so today’s issue will focus there again. The Good: Coinbase fights back against the SEC. The Bad: Tron and Binance definitely aren’t helping. The Ugly: Crypto is veering partisan, just like everything else. Programming Note: I’m skipping the next regularly scheduled Crypto Curious as I will be in Japan inspecting...

11 months ago • 8 min read
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