In a survey of 1000 US investors, none — actually zero — thought owning Bitcoin was a good idea.
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“Cryptos Drop Day After Summer Solstice = Occult Manipulation?” um, ok
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Plus good papers, opinion pieces and followups. And why surveys claiming amazing mainstream crypto uptake!! are made-up rubbish. Also, go hear Edmund Schuster and Angela Walch on Tuesday afternoon.
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Attack of the 50 Foot Blockchain is CDN$1.99 in Canada, July only!
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“I hate these extremely rare occurrences of crypto exchanges getting hacked once a week.”
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Quinn DuPont’s book is going to be a good one, and you should get it when it’s out.
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Featuring the trailer from Effortless French, a.k.a. Mt. Gox the Movie.
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“Unfortunately the horrible Charlie Brooker future we’re living in is Nathan Barley not Black Mirror.”
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KYC/AML regulations are an endless source of woe for the Bitcoin trader. Why don’t banks want to go near Bitcoin? It’s not fear of competition.
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Public discussion and media coverage of Bitcoin assumes certain things about Bitcoin:
• Bitcoin has a price, that you could expect to buy or sell it around.
• Bitcoin is like buying a share in a company, or a commodity like gold — the market works the same way.
• Bitcoin is liquid — you can easily convert your money to Bitcoin, and your Bitcoin to money.
None of these are true.
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