Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
“Well, let me get this straight. A company you didn’t buy until 2014 is listed as a beneficiary of a trust document you claimed was formed in 2012?”
I’d question even calling this a “bubble” — because there’s no evidence of an influx of retail get-rich-quick dreamers. The only visible cause is manipulation.
My latest for Foreign Policy is up at last. Here’s audio of the Carlos Maslatón quote.
I think we can definitely speak in terms of Gerald Cotten’s “alleged” death.
Facebook are stressing that everyone should call their coin Libra, and not Facebook-anything. And definitely not ZuckerBucks.
So much for the “business deals in parking lots” market.
No answer to the biggest question — why on earth would you do this on a blockchain in the first place?
You can say “crypto” all you like — but if you’re dealing in actual money, you have to work to the rules of actual money.
What is bitcoin, anyway? A miserable little pile of nonces.