When you sell tokens, don’t claim SEC approval — Simex and bad ideas
Also, don’t lie about registering your offering. Also, there are reasons there aren’t any crypto-backed credit cards.
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News: Tether, Winklevoss vs Shrem, regulation, Consensys asteroid mining, Ethereum analysis, Proof of Work is still awful
You can see the clear synergies between an Ethereum development house and asteroid mining … right?
Initiative Q: a response from Saar Wilf
Saar Wilf, founder of Initiative Q, just emailed a response to my June post and October followup. With his permission, I’m reprinting it here.
News: Poloniex NDA to get your own money back, Bisq sets up a DAO, Bitcoin over Ethereum
The technical term for “immutable smart contract, immune to human interference” is “sitting duck for hackers.”
From the musical “Initiative Q”: “The Internet is for Scams”
I’m so sorry.
(not sorry really)
News: Crypto media pay-to-play, Bitmain IPO troubles, Sia centralises proof-of-work, Initiative Q stretches the truth
Nearly half the crypto media outlets refused payola! That’s good, right?
Initiative Q is doing the rounds again — and here’s Q’s economist on Bitcoin
My June post on Initiative Q takes off, I talk on BBC Radio about it, and Q’s economist talks about Bitcoin.
Transcript: Digital Transformation Agency on blockchain to Australian Senate Finance and Public Administration Legislation Committee, Tuesday 23 October 2018
The widely-reported quote was: “For every use of blockchain that you would consider today there is a better technology.” The full transcript goes into more nuance.
News: Australia “nah mate” to blockchains, Bitfinex/Tether push Rothschild conspiracy theories, JPEG blockchain DRM, miners as locusts, Initiative Q
“The market can stay irrational longer than you can retain hope for humanity.”
Vincent Chen and Wallok: 99 Bitcoins and an Elephant — warn your children about the grim cyberpunk future
A fully-worked example of Silicon Valley tunnel vision, where bitcoiners’ dreams of the grim meathook post-apocalyptic Mad Max petrolpunk future have come true.