Blockchain and cryptocurrency news and analysis by David Gerard
This story actually gets better. The KodakCoin is basically not tradeable, and the Kodak KashMiner is an NYSE-listed company promoting a blatant Bitcoin mining scam. I include numbers for this claim.
A photo site that pays photographers in ICO tokens rather than actual money isn’t the worst idea Kodak floated today. There was also the Kodak KashMiner cloud Bitcoin mining operation …
“Fire and Fury” seems to be a title that shifts copies, so let’s see how it goes.
Electrum turns out to have been completely insecure — any web page you go to could have stolen your coins — since 2015.
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.
“Unfortunately the horrible Charlie Brooker future we’re living in is Nathan Barley not Black Mirror.”
“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.
Ripple: “who, us? Anything to do with the XRP pump? Ahahaha nonono!”
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.
The first review in a prominent literary context. I’m enormously pleased.