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Ivan Hong
Ivan Hong

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Published in

The Long Thesis

·Mar 31

The White House is wrong about stablecoins. Here’s why.

Written by Ivan Hong & Sherry Jiang Executive summary: Payments running on correspondent banking rails today are deeply problematic, at home and abroad. Stablecoins may be less risky than bank deposits. Unregulated stablecoin issuers now have more cash to satisfy withdrawals than regulated banks. …

Stable Coin

13 min read

The White House is wrong about stablecoins. Here’s why.
The White House is wrong about stablecoins. Here’s why.
Stable Coin

13 min read


Mar 19

30 years: A reflection

Three decades. Not even a blink of an eye on the cosmic scale of time. Yet it feels like so much has happened since I entered this game of life. I recall a memory in my first year in primary school, seeing the numbers “1999” spelling out the date in…

4 min read

4 min read


Published in

The Long Thesis

·Feb 24

The BUSD Bust — Are Stablecoins Dead?

The latest shocking news in cryptoland comes from the SEC serving a Wells Notice (read: threat to sue) to Paxos, the issuer of the popular BUSD or Binance USD stablecoin. Despite the tumult, it currently stands at $12B in market capitalization, making it the 3rd largest stablecoin (at the time…

Cryptocurrency

11 min read

The BUSD Bust — Are Stablecoins Dead?
The BUSD Bust — Are Stablecoins Dead?
Cryptocurrency

11 min read


Nov 10, 2022

FTX Collapse: Shocked? You Shouldn’t Be.

We are saddened by the recent events. Our thoughts go out to all affected by the collapse of FTX, the world’s second largest crypto exchange. We are saddened, but not shocked. It is a familiar pattern; the latest in a long line of collapsed centralized finance institutions: Terra, 3AC, Celsius…

Cryptocurrency

3 min read

FTX Collapse: Shocked? You Shouldn’t Be.
FTX Collapse: Shocked? You Shouldn’t Be.
Cryptocurrency

3 min read


Published in

The Long Thesis

·Aug 12, 2022

Long Thesis #1: Stablecoins Are The Future of Money (Part 1/2)

The crisis of confidence in stablecoins in the wake of Terra’s collapse does not mean that they are a fundamentally worthless idea, or impossible to execute well. Our long thesis is that stablecoins are likely to become a fundamental building block of a modern financial system. We explain what stablecoins…

Cryptocurrency

7 min read

Long Thesis #1: Stablecoins Are The Future of Money (Part 1/2)
Long Thesis #1: Stablecoins Are The Future of Money (Part 1/2)
Cryptocurrency

7 min read


Published in

The Long Thesis

·Aug 12, 2022

About Us

Who we are, why we started, what we write about We’re tired of the noise in crypto, and we bet you are too. What we care about is how this all matters in the long run; when what is new-fangled today becomes a mere fact of daily life tomorrow. The…

Cryptocurrency

3 min read

About Us
About Us
Cryptocurrency

3 min read


Jul 23, 2022

The Future Is Unwritten

Thoughts on EthCC [5] in Paris — I could feel my heart racing a little as I approached the co-working space, nestled in a quaint building next to the modern art Center Pompidou. My mind a strange cocktail of equal parts familiarity and incredulity. Having worked for over a year in a remote-first organization, this was the…

Cryptocurrency

6 min read

The Future Is Unwritten
The Future Is Unwritten
Cryptocurrency

6 min read


Mar 21, 2022

What the Nazis Can Teach Us About Fixing STEM Education

The dark side of funny math problems. What Math Memes Reveal About Our STEM Education There are a plethora of hilarious memes like this being shared around social media. Math test question is answered in an unexpected way — hilarity ensues. But there is a dark side to these funny math memes. These memes reflect a fatal flaw…

Education

5 min read

What the Nazis Can Teach Us About Fixing STEM Education
What the Nazis Can Teach Us About Fixing STEM Education
Education

5 min read


Published in

Coinmonks

·Mar 5, 2022

What Problem Is Blockchain Solving?

Singapore’s Central Bank Explains “What problem are you solving for?” The best ventures can readily and clearly articulate the need for their existence. The Singapore central bank’s response to “Wen airdrop tokenized SGD” is a excellent example of this user-centric thinking. The Monetary Authority of Singapore (MAS) recently clarified —…

Crypto

2 min read

What Problem Is Blockchain Solving?
What Problem Is Blockchain Solving?
Crypto

2 min read


Nov 2, 2021

What data analysis shows about Raeesah Khan’s “apology” for lying about rape story.

Analysis of the text and audio of her apology reveals: Raeesah spent over a third of her speech (35%) talking about herself. Admitting wrongdoing accounted for only about half (18%) of the time she spent talking about herself. Apologizing to the police she accused of misconduct, and the rape victim…

Metoo

5 min read

What data analysis shows about Raeesah Khan’s “apology” for lying about rape story.
What data analysis shows about Raeesah Khan’s “apology” for lying about rape story.
Metoo

5 min read

Ivan Hong

Ivan Hong

690 Followers

Carry goods design. Entrepreneurship. The Outdoors.

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