News: UST fallout, Central African Republic fallout, Coinbase Custody not safe in bankruptcy, Catalonia and Russian bitcoins
History always repeats, but only the dumb stuff.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
History always repeats, but only the dumb stuff.
I shall henceforth be calling Bitcoin mining “extreme bingo.”
This is the cyberpunk future we deserved — the first NFT rugpull by a nation-state.
Bitcoin fans are gullible. Talk to them about the future of money, throw in a few buzz words and they believe any garbage.
A human centipede ouroboros of scammers scamming scammers scamming scammers.
“The trick in the game is to make losers feel like they are winners, and one of the means of getting them into the trade is by paying them a yield to take on risks they don’t understand.”
An excerpt a year after the book’s publication — because I keep referring people to this chapter. Buy the book for more!
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HOW TO DESTROY ETHEREUM: use it for something. This cripples it every time.