A Case For Buying More Bitcoin — A Letter To Ruby

A Case For Buying More Bitcoin — A Letter To Ruby

Having seen $1.5k grow to $100k, it’s time to double down and invest in my daughter's financial future with conviction.Originally posted on Jakeeswoodhouse.medium.com Ruby Rose and I, Melbourne, January 2021This article was inspired by a letter I wrote in January 2021 to my 6-month-old daughter, Ruby Rose.I am sharing this publicly in the hope it might assist other families as they plan for their long-term financial future.Note:It is now April 2021, so the references and prices are old; however, the rationale remains valid.I have edited this version from the original I wrote, keeping....


Related News

Ruby on Rails Creator Capitulates on Bitcoin After Seeing Canadian Government...

The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have led to martial law, frozen bank accounts, and terrorist-financing laws being used to hunt protest donors,” he stressed. ‘I Was Wrong, We Need Crypto’ The creator of Ruby on Rails, David Heinemeier Hansson (DHH), has admitted that he was wrong....

Settlement not in the cards in SEC vs. Ripple case

Both parties are currently not considering terms for a pretrial settlement. The changing of the guard at the United States Securities and Exchange Commission seems to have affected any possible pretrial settlement in the SEC’s case against Ripple.This conclusion was part of a joint discovery letter filed on Monday before Judge Analisa Torres of the U.S. District Court for the Southern District of New York.Commenting on the prospects of a pretrial settlement, the letter reads:“Counsel for the parties have met and conferred and, having previously discussed settlement, do not believe there is....

Ripple's executive chairman moves to dismiss SEC lawsuit

Chris Larsen has filed a motion to dismiss the SEC's case against him as part of the Ripple lawsuit. Chris Larsen — Ripple’s executive chairman — has joined company CEO Brad Garlinghouse in moving to dismiss the securities violation case filed by the U.S. Securities and Exchange Commission.In a court letter filed on Wednesday, Larsen’s attorneys provided four arguments detailing the reasons why the case against the Ripple executive should be struck.According to the letter, the SEC cannot substantiate its claims that Larsen “knowingly or recklessly provided substantial assistance” towards....

Bitcoin Detractor David Heinemeier Hansson Says “I Was Wrong, We Need It”

Basecamp Co-Founder and creator of Ruby on Rails David Heinemeier Hansson (DHH) is known for his position on Bitcoin and cryptocurrencies. In 2018, the Danish programmer gave an interview in which he made the case that Bitcoin is a “Ponzi Scheme”, a common argument amongst BTC critics. Related Reading | Canada Chokes Crypto Supply, Freezes […]

In Shareholder Letter, Seetee Founder Makes Bull Case For Bitcoin

In announcing bitcoin-focused company Seetee to shareholders of Aker ASA, billionaire Kjell Inge Røkke made a notably bullish case for BTC.