Foreign Policy: El Salvador Is Printing Money With Bitcoin
Bukele doesn’t want to de-dollarize El Salvador — he just wants to print his own dollars as well.
Tag: foreign policy
Foreign Policy: Chia Is a New Way to Waste Resources for Cryptocurrency
I’d been assembling material for the past week for a proper post on Chia …
Foreign Policy: It’s a $69 Million JPEG, but Is It Art?
NFTs are big news in the mainstream. So Foreign Policy knew who to call for a piece!
Foreign Policy: Confused About Dogecoin? Here’s How It (Doesn’t) Work
I think James Palmer had way too much fun making the illustration.
Foreign Policy: How Not to Kill People With Spreadsheets
Pass this one to your favourite beleaguered bureaucrat — the secret takeaway is that Site Reliability Engineering is a whole new vocabulary for systematised backside-covering in the face of adversity.
Foreign Policy: Twitter Got Lucky With the Great Bitcoin Heist
Other people’s personal data requires controls as strong as the controls on other people’s money.
News: Bitcoin’s $13,000 not-even-a-bubble, how Tether say Tether works, Craig Wright shows up in Florida, Facebook Libra
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.
Foreign Policy: Facebook’s New Currency Has Big Claims and Bad Ideas — by me
My latest for Foreign Policy is up at last. Here’s audio of the Carlos Maslatón quote.
Foreign Policy: Neo-Nazis Bet Big on Bitcoin (And Lost): How the far-right’s failed cryptocurrency gamble became a bad joke for the Christchurch killer — by me
The Nazis were very hopeful that Bitcoin was the way out of their problems with getting kicked off PayPal … but it didn’t work out that way.
Foreign Policy: Forget Bitcoin, Try Your Mattress — by me
The brief from editor James Palmer was “this is why crypto’s implausible/BS as an alternative national currency” using the latest fiascos, particularly the QuadrigaCX disaster, as a launching point.