Tether: the stablecoin that suddenly feels unstable
Tether's $69B stablecoin is the lubricant of the crypto economy. But where is the money — and what happens if it isn't there?
All posts tagged: crypto
Play to earn: gaming’s lawless new crypto frontier
When crypto meets gaming, players turn into investors. Axie Infinity and "play to earn" open a lawless new frontier — with echoes of MLM and pyramid schemes.
Is the hype the start of a new internet?
This column was first published in SvD Näringsliv, in Swedish, on October 5th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Speculation in cryptocurrencies has turned many into both paupers and millionaires. But when phenomena like NFTs begin to mature, they can form the basis of something entirely new – a different type of internet than the one we know today. A shiba inu dog that looks […]
The crypto hype has reached Lionel Messi’s pockets
This column was first published in SvD Näringsliv, in Swedish, on August 28th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. When Leo Messi closed the door on FC Barcelona, another one opened wide – and it shows that Silicon Valley is currently tearing down old structures in sport. One of the many ways he is compensated is through the club’s own cryptocurrency. “Bartomeu was plugging holes […]
Crypto world shaken after million dollar theft
This column was first published in SvD Näringsliv, in Swedish, on August 13th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. This week’s million dollar theft of cryptocurrency has shaken the financial world. The theft comes in the middle of a major discussion about increased regulation of cryptocurrencies, writes SvD’s tech analyst Björn Jeffery, and clarifies the crossroads the industry is facing. Imagine the following scenario: A […]
Elon Musk – the Jerome Powell of crypto
This column was first published in SvD Näringsliv, in Swedish, on May 24th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. $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 […]
Dogecoin – the world’s most expensive joke
This column was first published in SvD Näringsliv, in Swedish, on April 26th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. 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 […]
$69 million for something that is free
This column was first published in SvD Näringsliv, in Swedish, on March 17th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. 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 […]