Be your own bank! Every Bitcoin Electrum wallet since 2015 is insecure, update now
Electrum turns out to have been completely insecure — any web page you go to could have stolen your coins — since 2015.
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Bitcoin mining being pushed out of China: what’s happening, and how the shutdown’s being managed
China is worried about crypto mania affecting the real economy. So they’re pressing Bitcoin miners toward a phased shutdown, and ending subsidies on electricity and land.
News: NiceHash pay out, smart contracts, Australian banks, Coinbase vs Ripple, Meltdown vs cryptos, Dungeon World
“Unfortunately the horrible Charlie Brooker future we’re living in is Nathan Barley not Black Mirror.”
Why you can’t cash out pt 3: Bitcoin is not a Ponzi scheme! It just works like one
“A fish bowl with no food in it that fish keep jumping into because they heard it’s an all-you-can-eat buffet. And for the meanest fish, it is.” Why most Bitcoin on-paper “wealth” can never be realised.
News: Nvidia blockchain, new US crypto tax rules, the cryptoruble returns, Bitcoin vs Islamic law, advertising on the blockchain, the Ripple pump
Ripple: “who, us? Anything to do with the XRP pump? Ahahaha nonono!”
AMD abandons remaining dignity, markets Radeon Vega Frontier to “Blockchain Pioneers”
Because running a hash calculation over and over so you can make a few dollars from a minor altcoin is just like being a scientific pioneer.
New York Review of Books: Attack of the 50 Foot Blockchain is ‘a sober riposte to all the upbeat forecasts about cryptocurrency’
The first review in a prominent literary context. I’m enormously pleased.
PDF of Attack of the 50 Foot Blockchain now available on Google Play Books
PDF now available at Google Play, and the ePub is still cheap at Smashwords for one more day!
Eric Geissinger: Virtual Billions — looking at Bitcoin through a libertarian lens
A book given to historical rambling, but the Ross Ulbricht/Silk Road chapter is particularly good and insightful on what happens when you overextend an ideology to the point of monstrosity.
News: Bitcoin as Ponzi, Australian bank blocks, schadenfreude, Hypebot, books
A quiet day, but with some good bits. Get yourself a good free ebook too.