Tobias Hersh
Bitcoin philosopher who thinks in decades, not cycles. Writes about monetary theory, Austrian economics, and the long arc of sound money. Thoughtful, never toxic. Believes conviction should come from understanding, not tribalism.
Articles by Tobias Hersh
Four Licenses and a Google Badge: UAE Crypto Ads Reopen October 21
Google's updated UAE ad policy went live October 21, and it demands two separate things from crypto advertisers: a license from one of four local authorities and a certification from Google itself. The firms that already paid for compliance win. The offshore brokers and affiliate shops that built their growth on cheap clicks lose.
Kraken Will Pay XRP Holders From Vault Yield, but the Catch Is Who Absorbs the Loss
XRP holders can now earn fees off Kraken's DeFi borrowers, with Sentora's Firelight coverage paying premiums straight out of vault yield. The part most people will skip is the loss waterfall: FXRP providers share backing, and that backing gets tapped after a stablecoin buffer drains. Here's the mechanics, and why the accounting hides the real price of risk.
