The Australian Securities Exchange CHESS blockchain: seven years of sunk cost fallacy
Enterprise blockchain never made any sense.
Tag: hyperledger
Everybody hates Binance: Two staff held in Nigeria; finding the cash for $4.3b in US fines
Binance believes that Nigeria “holds extraordinary potential and we hope to continue to invest there.”
News: Sanctioned Russians try to dump Bitcoin; no crypto ATMs in the UK; Bored Apes underwear fails; Associated Press NFT plan; football sponsorships; how Facebook’s Diem died
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
News: OpenSea phishing attack, BitMEX execs plead guilty, 2016 DAO hacker maybe found, Cryptsy indictment
“Please, God, I don’t ask for much from You. But give me this. A video of a sad cryptobro, trying to get a beat cop to make a police report about his stolen ape jpeg.”
News: World Wildlife NFT, Diem sale details, ECCB DCash offline
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
News: Dead Man’s Switch broadcast, Australian regulation, NSW housing, gaming NFTs, Jean-Louis van der Velde of Tether
Bitcoin fans are gullible. Talk to them about the future of money, throw in a few buzz words and they believe any garbage.
New York’s Excelsior Pass for COVID-19, on IBM Blockchain: doing the wrong thing, badly
Corona-chan looks forward to seeing you out and about!
News: India crypto ban, North Korea, BitMEX execs to appear, IBM Blockchain dead, more McAfee charges
“Bitcoin is Scientology with thetan resale value.”
Central bank digital currency — Bahamas Sand Dollar, Eastern Caribbean DCash
Who technically backs the e-money on your phone is much less interesting than what you can do with it.
News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.