Attack of the 50 Foot Blockchain

The Australian National Blockchain: centralised IBM “smart contracts” for lawyers — with no code yet, only concept

“A giant shared but segmented database, with the word ‘blockchain’ stuck on it.” All on the IBM Cloud.
[Read more …]

News: Bitcoin crashes, Tether wobbles, the mining business is not so great, Bail Bloc, Binance, Bitcoin Cash split

In a survey of 1000 US investors, none — actually zero — thought owning Bitcoin was a good idea.
[Read more …]

The SEC’s templated admin orders against ICOs — what happens next, and what you should do

What to do if you were foolish enough to run an ICO in the US and want to make good.
[Read more …]

The IMF’s central bank digital currency push is not about crypto — it’s about centralising banking

Control addiction, and the fallacy of big data.
[Read more …]

Crypto 101 podcast — Bitcoin Criticism: Attack of the 50 Foot Blockchain w/ David Gerard

A podcast interview with Matthew Aaron of Crypto 101 — going through Attack of the 50 Foot Blockchain, chapter-by-chapter.
[Read more …]

News: more coal-powered Bitcoin mining, Colorado vs. ICOs, Bitfinex withdrawal issues, the decline of “blockchain”

Bitfinex’s banking arrangements are fine — so long as you don’t try to get your money out.
[Read more …]

News: SEC busts EtherDelta, SWIFT not using RippleNet, another Galt’s Gulch scam, Craig Wright claims to be Satoshi again

“I AM Satoshi” — Craig S. Wright, 3 November 2018.
[Read more …]

1 Kings 3:16-28 — the Judgement of Solomon when Bitcoin is brought before him

Scene: King Solomon’s court. Two harlots, LUKE-JR and ROGER VER, rock up in front of KING SOLOMON with a baby called BITCOIN.
[Read more …]

When you sell tokens, don’t claim SEC approval — Simex and bad ideas

Also, don’t lie about registering your offering. Also, there are reasons there aren’t any crypto-backed credit cards.
[Read more …]

News: Tether, Winklevoss vs Shrem, regulation, Consensys asteroid mining, Ethereum analysis, Proof of Work is still awful

You can see the clear synergies between an Ethereum development house and asteroid mining … right?
[Read more …]