Skip to content
Attack of the 50 Foot Blockchain

Attack of the 50 Foot Blockchain

Blockchain and cryptocurrency news and analysis by David Gerard

  • About the author
  • Attack of the 50 Foot Blockchain: The Book
  • Book extras
  • Business bafflegab, but on the Blockchain
  • Buterin’s quantum quest
  • Dogecoin
  • Ethereum smart contracts in practice
  • ICOs: magic beans and bubble machines
  • Imogen Heap: “Tiny Human”. Total sales: $133.20
  • Index
  • Libra Shrugged: How Facebook Tried to Take Over the Money
  • My cryptocurrency and blockchain commentary and writing for others
  • Press coverage: Attack of the 50 Foot Blockchain
  • Press coverage: Libra Shrugged
  • Table of Contents
  • The conspiracy theory economics of Bitcoin
  • The DAO: the steadfast iron will of unstoppable code
Main Menu

Uncategorised

Cryptocurrency in 2021: still dysfunctional nonsense, unusable by normal humans

18th May 202119th May 2021 - by David Gerard - 7 Comments.

The blockchain is the future of finance! Because it sure as heck isn’t the present.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Facebook’s Diem stablecoin moves to the US, and hooks up with Silvergate Bank

14th May 202130th May 2021 - by David Gerard - 1 Comment

The Diem USD stablecoin will be issued by Silvergate Bank — the national bank of crypto.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Tether publishes … two pie charts of its reserves

13th May 202123rd May 2021 - by David Gerard - 4 Comments.

Does nine lines of text on two pie charts satisfy Tether’s agreement with the New York Attorney General to publish a breakdown of its reserves?

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

News: Bitcoin mining is not green, miners versus programmers, gold is cleaner than bitcoin, exchanges collapse, how to forge an NFT

30th April 202114th September 2021 - by David Gerard - 2 Comments.

“Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room.”

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

News: Coinbase goes public, Bitcoin hashrate goes down, NFTs go down, proof-of-space trashes hard disk market

20th April 202123rd July 2021 - by David Gerard - 1 Comment

SUBSCRIBE TO THE PATREON, OKAY? Love ya!

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Stilgherrian: The 9pm Dumb Anarcho-Capitalist Blockchain Scams with David Gerard

17th April 202117th April 2021 - by David Gerard - 2 Comments.

“The following episode of The 9pm Edict contains strong language, financial crimes, and some sad truths about humanity.”

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Podcast: I Don’t Speak German #85: Crypto Fascists, with David Gerard

16th April 202116th April 2021 - by David Gerard - 4 Comments.

This podcast is not about Bitcoin — it’s about Nazis. But neo-Nazis like Bitcoin, ‘cos they keep getting kicked off the actual-money payment processors.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Desperate investors, neoliberalism and Keynes: how to increase returns

11th April 202111th April 2021 - by David Gerard - 5 Comments.

The problem with neoliberalism is that you eventually run out of other people’s public institutions to asset-strip.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

New York’s Excelsior Pass for COVID-19, on IBM Blockchain: doing the wrong thing, badly

9th April 202120th December 2021 - by David Gerard - 3 Comments.

Corona-chan looks forward to seeing you out and about!

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Signal Messenger goes cryptocurrency with MobileCoin: proof-of-Intel-CPU

8th April 202112th January 2022 - by David Gerard - 5 Comments.

“Regulatory clarity” is a crypto phrase meaning “why can’t I do this obviously and hilariously illegal thing, if I just sprinkle some crypto on top?”

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Posts pagination

Previous 1 … 32 33 34 … 87 Next

Click here to get
signed copies of the books!

 

Get blog posts by email!

Support this site on Patreon!

Hack through the blockchain bafflegab:

  • $5/month for early access to works in progress!
  • $20/month for early access and even greater support!
  • $100/month corporate rate, for your analyst newsletter budget!

Become a Patron!

Buy the books!

Libra Shrugged

  • US Paperback
    UK/Europe Paperback

    ISBN-13: 9798693053977
  • Kindle: UK, US, Australia, Canada (and all other Kindle stores) — no DRM
  • Google Play Books (PDF)
  • Apple Books
  • Kobo
  • Smashwords
  • Other e-book stores

Attack of the 50 Foot Blockchain

  • US Paperback
    UK/Europe Paperback

    ISBN-13: 9781974000067
  • Kindle: UK, US, Australia, Canada (and all other Kindle stores) — no DRM
  • Google Play Books (PDF)
  • Apple Books
  • Kobo
  • Smashwords
  • Other e-book stores
  • Available worldwide

RSS Feed RSS – Posts

RSS Feed RSS – Comments

Recent blog posts

  • Statue to Buttcoin Unveiled in Lugano, Switzerland
  • CRYPTO INTERRUPT: Attack of the 50 Foot Blockchain on video!
  • Crypto update: LOL who cares, crime is legal
  • Get a portable monitor, they’re great
  • Trump starts a presidential shitcoin

Excerpts from Attack of the 50 Foot Blockchain

Table of Contents

  • The conspiracy theory economics of Bitcoin
  • Dogecoin
  • Buterin’s quantum quest
  • ICOs: magic beans and bubble machines
  • Ethereum smart contracts in practice
  • The DAO: the steadfast iron will of unstoppable code
  • Business bafflegab, but on the Blockchain
  • Imogen Heap: “Tiny Human”. Total sales: $133.20

Index

About

  • Press coverage for Attack of the 50 Foot Blockchain
  • Press coverage for Libra Shrugged
  • My cryptocurrency and blockchain press commentary and writing
  • Mastodon @davidgerard@circumstances.run
  • Bluesky @davidgerard.co.uk
  • Twitter @davidgerard
  • Facebook author page
  • About the author
  • Contact

The content of this site is journalism and personal opinion. Nothing contained on this site is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional.

I do not hold a position in any crypto asset or cryptocurrency or blockchain company.

Amazon product links on this site are affiliate links — as an Amazon Associate I earn from qualifying purchases. (This doesn’t cost you any extra.)

Copyright © 2016–2024 David Gerard
Powered by WordPress and HitMag.