Nico Metten

Are Guns The Problem

The news coming out of Las Vegas are truly disturbing. On Sunday night, a 64 old, local man, fired multiple rounds of machine gun fire into a big crowd of a country music festival. As I write this, at least 59 are dead, and 527 have been wounded. Most baffling of all, it seems difficult…

Bitcoin – A Textbook Example of Investing Psychology

Bitcoin seems unstoppable. Since I last wrote about it in June, the price has doubled again. And with every new high, the bitcoin community gets more emboldened in their view that bitcoin is changing the world. I however, remain unconvinced. The blockchain certainly will change the world, but cryptocurrencies not so much. Nothing has changed,…

Will Intelligent Machines Take All Our Jobs?

We live in exciting times. The speed of technological progress is breathtaking. In my lifetime, I have seen the world change from one without the world wide web and few computers, to computers being ubiquitous, and incredibly powerful. As a child I remember us only having one analog, landline phone, with a physical dial wheel,…

What to do against terror?

Another terrorist attack in London. The third one in the England this year. Needless to say that this is horrible for the few individuals who, against the odds, actually got caught up in it. They really were very unlucky. Terrorism looks big on TV, but even in a year like this, it is in reality…

Bitcoin – Currency or Bubble?

Bitcoin, the first crypto currency of the world, has come a long way. When I first heard about it, I thought it was a joke. A purely digital currency, really? Since bits are almost free these days, it seemed obvious that the value of such a currency would have to be zero. It took me…

About That German Open Border Policy

I was born and raised in Germany, and I lived there for the first 28 years of my life. That is not to say that I feel particularly German. I have always been an individualist. What ties me to Germany is more family and friends rather than a patriotic feeling about this artificial political construct.…

Why Islam Haters are a Problem

So this time, London is the European city in the news with a terrorist attack. Once again, a lone nutter, acting on his own by using very simple means, has caused a nasty blood bath. From what we know so far, the attacker claims to have acted in the name of Islam. ISIS, in their…

The US President is not a CEO

It has been a few weeks since Donald Trump moved into the White House. So far, his administration appears to be a little bit chaotic, to say the least. During his campaign he ran on a populist platform. That means he did not make a lot of concrete policy promises. Instead, he suggested that he…

The Housing Bubble in Britain

This country is mad about property. I realised this very early on when I moved here from Germany. Before I came, I cannot recall ever having had a serious conversation with anyone about buying property. That is not to say that Germans don’t buy property, contrary to the cliché they do. But they buy it…

In Defence of Principles

Every political movement appears to be split into an idealistic and a pragmatic wing. That is not to say that everyone falls exactly into one of these two categories. It is more a scale than a binary system. However, few people seem to be in the middle, most tend to identify more with one side…