News: Coronavirus kills conferences, India un-bans crypto, Bitcoin catches a cold
“FCA are like the SEC If they forgot to do their job, ever” — Ben Munster
Tag: coindesk
Critical journalism in the crypto ice age
The crypto media frantically circles a dwindling pool of promotional cash.
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!
News: Quadriga Ponzis, NY AG sues Bitfinex, no “institutional” investors, Petro on sale, and the football
“The last I looked our coin had joined the Triple Egg club, trading at something like $0.0009.”
News: Krebs on CoinHive, Ledger hardware hack, regulators vs ICOs, Sierra Leone, RIP Mavrodi, JPMorgan, RokoCoin
And nothing about Twitter blocking crypto ads, because I posted about that last week.
News: don’t pay ransomware, China, Japan, ICO plagiarism, fake exchange volume, cryptid-currency
Plus some good recent opinion pieces, and book news.
‘Tis just a seasonal dip! Watching the Bitcoin fire from a safe distance — what just happened
The price of Bitcoin started collapsing this morning. I’m not going to be so foolish as to call it, but I am saying “I told you so” — the only actual money people will get out is actual money that other people put in.
Why you can’t cash out pt 1: Why Bitcoin’s ‘price’ is largely fictional
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.
CoinDesk 2017 Buttcoin retrospective, original version
The original version of my 2017 Buttcoin retrospective for CoinDesk, for your amusement.
News: Buttcoin 2017, ICOs, Parity bailout, NiceHash post-mortem, cashing in bitcoins, Wikipedia, Lightning Network
The SEC’s action against Munchee is particularly noteworthy for how generic the dodgy ICO in question is.