- TRON bought BitTorrent, Inc., and now TRON wants to give BitTorrent users financial incentives to seed files on BitTorrent. I, for one, greatly look forward to Hollywood and crypto fighting to the death.
- California police have arrested a college student, part of a gang who stole $5 million in crypto — including from people attending Consensus — by SIM hijacking.
- Abstractism was a game sold on Steam that included a crypto miner. It’s been kicked off Steam, and so have three companies associated with it.
- Companies are shocked to realise that blockchain — an expensive and useless idea that has soaked up millions of dollars for zero return — may not be a good technology. “Many companies will halt their blockchain tests this year. The pullback could hurt IBM and Microsoft, analyst says … The expectation was we’d quickly find use cases.”
- Paul Krugman points out the obvious yet again: Bitcoin has no use cases. You’d think there wouldn’t be much of a market for money that made the process of using it harder, not easier — and that’s precisely what we observe. That said, Krugman will be speaking at ChainXchange in Las Vegas on 14 August.
- James Mickens: Blockchains Are a Bad Idea: More Specifically, Blockchains Are a Very Bad Idea. Yes, that James Mickens.
- This is, uh, quite an amazing essay by crypto Twitter regular Beautyon on why the US Government Cannot Regulate Bitcoin!! All it lacks is claiming the Constitution has a gold fringe.
- My article on eMusic’s terrible ICO token offering has been reprinted in Hypebot.
- A nice blog review of the book by Ben Sheffield. “If you own bitcoin, litecoin, or ethereum, Attack of the 50 Foot Blockchain will make you want to dance near the fire escape.”
— Buttcoin (@ButtCoin) July 30, 2018
— Ryan Mac 🙃 (@RMac18) July 27, 2018
Reminder that the executive chairman of Bitpay is a chemtrail enthusiast. pic.twitter.com/bipNz3TNBr
— Buttcoin (@ButtCoin) July 28, 2018
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