All posts tagged: crypto

Elon Musk – the Jerome Powell of crypto

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on May 24th, 2021. $1 trillion went up in smoke in last week’s cryptocurrency crash. Elon Musk and China got most of the blame, but the problem showed a deep contradiction among the proponents of cryptocurrencies. When Tesla’s CEO Elon Musk tweets about cryptocurrencies, the market moves. Mostly upwards, as in the case of dogecoin – the joke that became one of the world’s ten largest […]

Dogecoin – the world’s most expensive joke

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on April 26th, 2021. It started as a parody of cryptocurrencies – and recently became as valuable as Spotify. The cryptocurrency Dogecoin captures the present in a very clear way. Now the success risks undermining confidence in the entire market. Not many people thought that the cryptocurrency Dogecoin would be anything other than what it was intended to be – a joke. The new financial world […]

$69 million for something that is free

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on March 17th, 2021. 5,000 free Instagram photos – for $69 million. The auction price for “Everydays: The first 5000 days” turned the art world upside down. Signs of both a bubble and careless spending? Rather, a new type of investor has presented itself – those who prefer non-traditional asset classes such as cryptocurrencies and shares in collectibles. When the historic auction closed last week, it […]