News: Everybody hates Chia, Defi100 rugpull, China versus mining, China versus crypto
Q. What do you call unsmokeable mushrooms?
A. Non-Tokeable Fungi.
Bitcoin crashed today — it was market shenanigans, not China
Asset bubbles are fragile, but we still have Tether.
Cryptocurrency in 2021: still dysfunctional nonsense, unusable by normal humans
The blockchain is the future of finance! Because it sure as heck isn’t the present.
Facebook’s Diem stablecoin moves to the US, and hooks up with Silvergate Bank
The Diem USD stablecoin will be issued by Silvergate Bank — the national bank of crypto.
Tether publishes … two pie charts of its reserves
Does nine lines of text on two pie charts satisfy Tether’s agreement with the New York Attorney General to publish a breakdown of its reserves?
News: Bitcoin mining is not green, miners versus programmers, gold is cleaner than bitcoin, exchanges collapse, how to forge an NFT
“Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room.”
News: Coinbase goes public, Bitcoin hashrate goes down, NFTs go down, proof-of-space trashes hard disk market
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Stilgherrian: The 9pm Dumb Anarcho-Capitalist Blockchain Scams with David Gerard
“The following episode of The 9pm Edict contains strong language, financial crimes, and some sad truths about humanity.”
Podcast: I Don’t Speak German #85: Crypto Fascists, with David Gerard
This podcast is not about Bitcoin — it’s about Nazis. But neo-Nazis like Bitcoin, ‘cos they keep getting kicked off the actual-money payment processors.
Desperate investors, neoliberalism and Keynes: how to increase returns
The problem with neoliberalism is that you eventually run out of other people’s public institutions to asset-strip.