
El Salvador Bitcoin: No naked day-trading; Chivo Pets; AstroCasino
“Oh! Sweet mother of baby Jesus!” — a quote from one Salvadoran on seeing that Twitter video of the NFT casino.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
“Oh! Sweet mother of baby Jesus!” — a quote from one Salvadoran on seeing that Twitter video of the NFT casino.
El Salvador adopting Bitcoin wasn’t the particular Tether scam I originally thought — but it’s turning out to be a different, and bigger, one.
“Please, God, I don’t ask for much from You. But give me this. A video of a sad cryptobro, trying to get a beat cop to make a police report about his stolen ape jpeg.”
I did a talk for William Quinn’s final year fintech class at Queen’s University Belfast. 1 hour talk, 1 hour questions.
“Does Anyone else working in a crypto company feel this is all a scam?”
The hack reeks of social engineering for insider information, not sophisticated computer science brilliance.
Affinity fraud is where you pitch to a defined group, saying “I’m one of you. Would I scam you?”
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
I changed my own Twitter avatar to a pentagon, to show my allegiance to the fiat petrodollar.
I was wondering what Patryn had been up to after Quadriga — serial fraudsters like Patryn don’t just stop.