Attack of the 50 Foot Blockchain

Balaji Srinivasan’s plan to save journalism

A venture capitalist on how to save journalism — or save venture capitalists from journalism, in any case.
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News: A fool and his money are soon decentralised, Kodak rides again, Ledger data breach, $100k Bitcoin

And Bitcoin nearly hits $100,000! … for a very brief time.
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Libra book cutting room floor: Previous basket-based currencies

The Libra book probably won’t have to include a short history of currency baskets before I can talk about why the original plan for the Libra reserve was ridiculously terrible. So I’ve posted it here.
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News: Bitcoin ad regulation in the UK, Coinsquare settles with OSC, institutional investors fail to show up, nobody uses Bitcoin

Be less Brenda.
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Facebook’s Libra was dead as of July 2019

As soon as a blockchain scheme gets in front of the adults — it’s dead.
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News: Blockchain handouts, Wirecard UK, WhatsApp Pay Brazil, 10 billion tethers

It’s right there in the white paper — cryptocurrency is about government handouts.
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Foreign Policy: Twitter Got Lucky With the Great Bitcoin Heist

Other people’s personal data requires controls as strong as the controls on other people’s money.
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Voice: $300m to build Twitter for EOS, with a Real Names policy and KYC to get an account

With the real names policy, Voice might repeat the stratospheric success of Google Plus!
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The early history of “Central Bank Digital Currency”

JP Koning and Richard Gendal Brown accidentally the whole CBDC.
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Libra book cutting room floor: Libra as “stablecoin”; the early history of stablecoins

I wrote a short history of stablecoins for the prospective Libra book, but decided it was a bit of a digression. So I’ve posted it to the blog for your amusement instead.
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