The membership part of the blog, The Insiders Report, has been live now for a couple of months and seems to be functioning without causing me a lot of distraction.  My fiance told me the other night that the blog thing was way too long and complicated to have any commercial appeal. I’m not offended nor surprised.  I said to her, “Do you know who I write the blog for?  She nodded, knowing me, smiled, and said, “You?

The blog always started as a way for me to write and gather my own thoughts.  It was and still is edutainment.  If we ever recoup our costs in developing the membership site, I’ll be pleasantly surprised. It doesn’t have to be a moneymaker. It was never meant to be one.  Ironically the Internet company that I started, HomeCom,  and brought public in 1997 created something we called Post on the Fly that we added to the websites we built for many Fortune 500 companies.  All of our clients bought this module.  My CTO George Bokuchava who runs a successful successor to HomeCom, called said to me many times that we were on to something with our ready-made tool that enabled nontechie folks to easily change their content on the websites we created for them.  It was very crude and limited in scope but George was on to something.  Years later, WordPress was released on May 27, 2003, by its founders, American developer Matt Mullenweg and English developer Mike Little.  Needless to say, I should have listened to George.

Part of the logic behind the blog was using it as an effortless tool to communicate to our partners in The Insiders Fund.  It’s a free service to the partners and if you haven’t received your coupon code to gain free access, please contact me or your representative at Alpha Wealth Funds.  As part of the offering, we advertise that there is a private Twitter feed.  Well, starting, now The Insiders Fund Twitter account is PRIVATE.  If you want access to it, you’ll have to sign up as a follower, and I’ll have to approve it. If you are already following our Twitter account, you don’t have to do anything.  We’re not booting you off either if you don’t pay. That’s frankly too much work.

I don’t mind sharing my ideas as I’ve always had a deep-rooted conviction that God himself could be standing on the corner next to you whispering into your ear the trade of a lifetime and few would listen and even fewer would take action, just as I didn’t listen to George when he said we should do something with Post on the Fly.  Before I get too biblical with this, let me just add that some of our posts have been downright biblical, like the one we just did where we called out the IPO of Coinbase as the clarion bell marking the top of the Bitcoin bubble.

Whether that turns out to be the top or just a step onto the way to much higher prices, it’s kind of academic now. The day of that post, Bitcoin was about $54,000, and tonite as I write this, Bitcon has fallen to $38,000.  I do think it has much further to fall but perhaps not in a straight line unless you’re in China where it was pretty much banned last night.  It is curious though that all financial institutions in China are forbidden to have anything to do with Bitcon, yet 80% of the cryptocurrency is mined there.  I’ll leave that to more conspiratorial minds than mine to comment on .  I’ve said it before and I’ll say it again.  The only real use I see for Bitcon is for criminal enterprise.  It’s definitely their currency of choice.  The recent ransomware attack on the Colonial pipeline is just one high-profile one that went public because it impacted so many people.  If I was Bitcon fanboy,  I’d be pretty worried about Governments around the world bringing the hammer down on the Con.