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Attack of the 50 Foot Blockchain

Attack of the 50 Foot Blockchain

Blockchain and cryptocurrency news and analysis by David Gerard

  • About the author
  • Attack of the 50 Foot Blockchain: The Book
  • Book extras
  • Business bafflegab, but on the Blockchain
  • Buterin’s quantum quest
  • Dogecoin
  • Ethereum smart contracts in practice
  • ICOs: magic beans and bubble machines
  • Imogen Heap: “Tiny Human”. Total sales: $133.20
  • Index
  • Libra Shrugged: How Facebook Tried to Take Over the Money
  • My cryptocurrency and blockchain commentary and writing for others
  • Press coverage: Attack of the 50 Foot Blockchain
  • Press coverage: Libra Shrugged
  • Table of Contents
  • The conspiracy theory economics of Bitcoin
  • The DAO: the steadfast iron will of unstoppable code
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Tag: bitfinex

El Salvador: Bukele goes full dictator, Chivo theft, Bitcoin Towers

20th April 202223rd April 2022 - by David Gerard - 18 Comments.

Bitcoin is not the biggest problem in El Salvador right now — it’s Bukele using the gangs to go as full dictator as he thinks he can get away with.

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News: Crypto crime statistics, Axie Infinity hack, Kevin Roose debunked, Lightning Network speed, NFT lawsuits

29th March 202212th June 2022 - by David Gerard - 2 Comments.

I shall henceforth be calling Bitcoin mining “extreme bingo.”

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El Salvador Bitcoin: Tether buys itself a country; and why Chivo sucks

26th February 202227th February 2022 - by David Gerard - 2 Comments.

El Salvador adopting Bitcoin wasn’t the particular Tether scam I originally thought — but it’s turning out to be a different, and bigger, one.

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Could Morgan and Lichtenstein have done the 2016 Bitfinex hack? I’m not ruling it out

12th February 202218th June 2022 - by David Gerard - 8 Comments.

The hack reeks of social engineering for insider information, not sophisticated computer science brilliance.

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News: El Salvador phone tapping, Bitcoin in Tonga, Associated Press NFTs, books

17th January 20229th June 2022 - by David Gerard - Leave a Comment

President Bukele’s office denies everything, and doubtless won’t rest until they find the real hacker.

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News: El Salvador volcano bonds to sell for tethers, Bitcoin didn’t cause Kazakhstan riots, lawsuits on the blockchain, MobileCoin live on Signal, Craig Wright sued again

8th January 202212th January 2022 - by David Gerard - 4 Comments.

Bitfinex Securities will not charge a fee for this. They’re just being nice, see.

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News: Dead Man’s Switch broadcast, Australian regulation, NSW housing, gaming NFTs, Jean-Louis van der Velde of Tether

23rd December 202124th December 2021 - by David Gerard - 3 Comments.

Bitcoin fans are gullible. Talk to them about the future of money, throw in a few buzz words and they believe any garbage.

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El Salvador: A $1 billion Bitcoin bond, to set up … Bitcoin City!

21st November 202122nd November 2021 - by David Gerard - 1 Comment

The Bitcoin City plan is a recycled version of a previous plan to lease 10% of El Salvador to China.

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Tether’s bad month: CFTC, Bloomberg, Reggie Fowler

31st October 202131st October 2021 - by David Gerard - 1 Comment

Large crypto traders stick by Tether because there’s nowhere else for them to go — Tether is the only game in town.

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The CFTC settlement with Tether and Bitfinex: $42.5 million in fines

29th October 202131st October 2021 - by David Gerard - 3 Comments.

Clearing down the backlog. There’s plenty more Tether here to come …

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Excerpts from Attack of the 50 Foot Blockchain

Table of Contents

  • The conspiracy theory economics of Bitcoin
  • Dogecoin
  • Buterin’s quantum quest
  • ICOs: magic beans and bubble machines
  • Ethereum smart contracts in practice
  • The DAO: the steadfast iron will of unstoppable code
  • Business bafflegab, but on the Blockchain
  • Imogen Heap: “Tiny Human”. Total sales: $133.20

Index

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The content of this site is journalism and personal opinion. Nothing contained on this site is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional.

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