The Pomp Letter
The Pomp Letter
Bitcoin Is Very Illiquid Right Now
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Bitcoin Is Very Illiquid Right Now

To investors,

I did a deep dive on a number of metrics related to the bitcoin network over the weekend. There are a few interesting developments that I found.

First, Segregated Witness (SegWit) adoption is very high. This soft fork changed the transaction format of Bitcoin, which speeds up transaction times and lowers fees. In order to realize this impro…

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