Mueller is Desperate — But For What?

So far Mueller’s secured indictments of a few Trump associates on charges having little or nothing to do with his overt mission, and of a few Russians for running an Internet “troll farm” that posted some cheesy social media ads. But he has yet to put real meat on his mandate and doesn’t seem to be getting much closer to Trump himself than when he started. Now he’s hitching his wagon to Stormy Daniels’s star. Why? There are two plausible reasons.

Taking the “Digital” out of “Digital Gold”

The idea of digital gold is to take all the amazing attributes of gold and add the one thing it’s missing: portability. That’s what the “digital” part means. The magic of bitcoin is that it found a way to maintain all the very best properties of money found in gold and add to them the greatest portability of any money in existence with instant, near free global transactions.

Uncertainty is the Root of the Current Market Craziness

Investors put their money into enterprises under certain tax and regulatory conditions. When  those conditions  start suddenly changing or looking like they may change, the investors worry.  And when they worry, they get more cautious about where their money is and what it’s being used for. They sell off, move their money into what they hope are less volatile assets, and the stock market takes a hit.