Attack of the 50 Foot Blockchain

Crypto 101 podcast — Bitcoin Criticism: Attack of the 50 Foot Blockchain w/ David Gerard

A podcast interview with Matthew Aaron of Crypto 101 — going through Attack of the 50 Foot Blockchain, chapter-by-chapter.
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News: more coal-powered Bitcoin mining, Colorado vs. ICOs, Bitfinex withdrawal issues, the decline of “blockchain”

Bitfinex’s banking arrangements are fine — so long as you don’t try to get your money out.
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News: SEC busts EtherDelta, SWIFT not using RippleNet, another Galt’s Gulch scam, Craig Wright claims to be Satoshi again

“I AM Satoshi” — Craig S. Wright, 3 November 2018.
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1 Kings 3:16-28 — the Judgement of Solomon when Bitcoin is brought before him

Scene: King Solomon’s court. Two harlots, LUKE-JR and ROGER VER, rock up in front of KING SOLOMON with a baby called BITCOIN.
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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?
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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.
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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.”
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From the musical “Initiative Q”: “The Internet is for Scams”

I’m so sorry.

(not sorry really)
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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?
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