Econometrics With Free and Open Source Software - Gretl Tutorial https://www.youtube.com/watch?v=6rB8g0-pae0 Econometrics is a field of study that allows economists and business people to make future predictions based on historical data. Econometric analysis is a powerful tool, but unfortunately, many econometrics software packages are either cost-prohibitive or too complicated to use. In this post, I'll show you how to get started conducting regression analysis with Gretl…
@The.Part.Time.Economist in June 2022
Whales, Bagholders, and Evangelists? - Common Crypto Nicknames Explained https://www.youtube.com/watch?v=zuevjLbPLxI If you're new to cryptocurrency, it might be easy to get confused by some of the terms and acronyms that we use. What's the difference between a Bitcoin evangelist and a Bitcoin maximalist? Should you find an oracle to teach you more about cryptocurrency, or would an oracle be better suited to feeding data to a smart contract? In today's post, I'll explain…
DeFi Oracles, What Are They and How Do They Work? https://www.youtube.com/watch?v=mqrwR3t6XOs Cryptocurrency smart contracts and DeFi protocols have taken finance to the next level by empowering people across the globe to buy, sell, lend, borrow, and trade assets without the need for a trusted middle man. Despite the power of smart contracts and DeFi, there is still room for improvement. Namely, smart contracts have no way of seeing real world data or being triggered by…
NFTs -Hype vs The Potential https://www.youtube.com/watch?v=Tuj5dlJefPo Just a few short months ago, NFTs were all the rage with some NFTs selling for millions of dollars. Fast forward a few months and some NFT prices have dropped by 90% or more, and rumors and accusations of frauds, rug pulls, and scams circulate like wildfire. Although there certainly have been a lot of NFT projects that didn't live up to their promises, I think it's important to look past the hype and…
Customers Loose Billions? ? - Explaining Crypto Lending Meltdown https://www.youtube.com/watch?v=gmgtHu-MiGM People who believed that cryptocurrency is more secure, decentralized, and trustworthy than the existing financial system were in for quite a surprise this week when crypto lending platform Celsius announced that it would temporarily block customers from withdrawing their own funds. Wasn't the entire purpose of crypto to make sure that people were protected from…
Cryptocurrency Contagion Effect -- What Does That Even Mean? https://www.youtube.com/watch?v=ppA6TWbVYD4 If you've been watching the news lately, you have likely heard many cryptocurrency experts worried about a possible "contagion effect" that will lead to an extended bear market and could even spread to other parts of the economy. Although it's not my role to speculate on future cryptocurrency prices, I do think having an understanding of the "contagion effect" is a…
Arbitrage and Flash Loans Explained - Crypto Basics https://www.youtube.com/watch?v=0U1gtOeAbUQ The phrase "buy low and sell high" typically applies to purchasing an asset and holding it across a period of time to sell at a later point when the asset appreciates. Thankfully, simply HODLing crypto isn't the only way to "buy low and sell high". Arbitrage is the process of buying an asset in one market and then instantly selling the same asset in a different market to profit…