Attack of the 50 Foot Blockchain

Bitcoin’s continuing failure to substitute for gold

Bitcoin maximalists think Bitcoin is the perfect substitute for gold. Not even gold fans listen to them. But what would it take for Bitcoin to achieve this?
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News: 14,000 CryptoKitties to kill Ethereum, history of Earn.com’s PiTato, ransomware, cryptographers on cryptocurrency

Also: I need titles for the sequel to Attack of the 50 Foot Blockchain!
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“Welcome to the Blockchain”: my slides from Berenberg’s “Blockchain: From Hype To Reality”

I did a talk today — here’s the slides. Explaining blockchains, why Bitcoin fans are like they are, and blockchain use cases in business.
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News: NY Attorney General exchange inquiry, LocalBitcoins KYC, Baidu copies KodakOne, Cambridge Analytica on the blockchain, coal-fired followup

The NY Attorney General has not yet brought the hammer down on the exchanges. So far he’s just holding it in the air suggestively.
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CreateSpace error in your favour — signed copies of “Attack of the 50 Foot Blockchain” available! £10ea in quantity!

So … I’m under a large pile of physical books again.
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Australian coal-fired power plant to mine Bitcoin: just a penny stock pump — with “corrupt” backers

Like adding “Blockchain” to your name to pump your stock price. Everyone and everything linked to it is inept, crooked or both.
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News: UK Parliament Inquiry Friday, Monero and Ethereum vs ASICs, Bitfinex and Poland, Ripple tries to buy XRP onto exchanges

Get your UK Parliamentary submission in without delay!
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JavaScript SecureRandom() isn’t securely random — many old web wallets affected — and the bug was warned of five years ago (UPDATED)

If you used a web wallet to generate your keys, check with your author or vendor.
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Saifedean Ammous: The Bitcoin Standard — making the Austrian School case for Bitcoin

How Bitcoin fits the theology and virtues of Austrian economics — a plea to Austrian School nocoiners to take Bitcoin seriously.
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Oh, eMusic, no — don’t go blockchain! Another Kodak moment

Today’s blockchain post is over on Rocknerd — it’s early dot-com era downloaded music company eMusic taking the final resort of an utterly buggered company.
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