News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
Facebook and Libra’s terrible, horrible, no-good, very bad week — everybody’s left, Dave
“In a way it’s liberating” — David Marcus on almost all the payment companies leaving Libra.
SEC blocks the Telegram ICO — what this means, and what happens now
Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.
Libra before Libra — the rise and fall of Facebook Credits
Libra wasn’t Facebook’s first foray into payment systems. A decade ago, it set up Facebook Credits — to cash in on pay-to-win games.
News: EOS settles with SEC, PayPal dumps Libra, digitised gold, Coinbase triples fees, Bitcoin Foundation is dead
PayPal “remains supportive of Libra’s mission” — so that’s nice.
The Gartner Hype Cycle is … hype. Don’t use it as an excuse.
Advocates of failed technologies grasp at the Gartner Hype Cycle because it tells them their success is inevitable.
Video debate: “Bitcoin will become the world’s reserve currency” — with me and Vortex
The Trustory debate is now up on Periscope and YouTube!
News: Bitcoin crashes despite Bakkt, Crypto Rating Council, Libra, Tether stay, Kik shuts down Messenger, Craig Wright’s apparent plagiarism, CoinDesk shakeup
Watch me debate Bitcoin as a reserve currency tomorrow!
UNICEF’s Innovation Fund slides from “blockchain” into cryptocurrencies
One piece of cryptocurrency transparency I’d really like to see from UNICEF — a full conflict-of-interest accounting of the crypto hodlings of everyone there promoting “blockchain.”
News: Kleiman and Wright settling, Libra, Tether, Initial Sucker Offerings, enterprise “blockchains” as back-end datastores, Marshall Islands, Telegram TON software
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.