Guest post: The Last Last Word on Bitcoin’s (horrifying) Energy Consumption
A response to Nic Carter’s “The Last Word on Bitcoin’s Energy Consumption” (CoinDesk, 19 May 2020), by Michael Reece Purson.
Uncategorised
News: not Craig Wright’s bitcoins, how Tether flows, Goldman Sachs spurns Bitcoin, Calibra is now Novi
“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”
News: DRM on JPEG images on the blockchain, BlockFi user data breached, TornadoCash mixer goes full DAO, the plant cuttings asset bubble
If you could put two flies crawling up a wall on the blockchain, I’m pretty sure crypto day traders would bet on fly futures.
Telegram ICO: most Russian investors take 72% payout, Telegram takes $500m of loans
Pavel Durov’s ICO plan went badly enough that Telegram Messenger itself might be affected.
News: 9 billion tethers, Reddit tokens, Kik is doomed, Singapore joins Libra, China’s CBDC — and J. K. Rowling asks about Bitcoin
And Investopedia are spammers, and you should remove any links to their site.
Telegram gives up on the Telegram Open Network — and Free TON launches
The Durovs cry themselves to sleep on a not-as-big-as-hoped bed made of rather less money than they’d anticipated.
Me on screen — “New Kids on the Blockchain” today, Finance Magnates web panel Monday, “Cryptopia” next Saturday
Star of screen, if not stage.
News: Purse.io shuts down, Chinese CBDC test, new Libra member Heifer, North Korea does not dump its bitcoins
Zack Voell from CoinDesk fights the good fight to destroy the crypto markets, and do Buttcoin — and North Korea — proud.
The dForce and Hegic DeFi exploits, and why Smart Contracts are bad
The problem with DeFi is not the technology, though that’s bad too — it’s that people are greedy and foolish.
Me on Finance Magnates podcast with Rachel McIntosh — Libra, CBDCs, the Bitcoin trading market
I recorded a video podcast with Rachel McIntosh from Finance Magnates yesterday, and it’s up already!