Number go up with Tether — Musk and Bitcoin set the world on fire
Bubbles grow until they pop. Timing the pop, that’s the tricky bit.
Tag: martin walker
News: Quadriga report, Coinbase VCs want to dump their dead altcoins, India to re-ban cryptos, Civil is dead
And some light summer reading.
News: 9 billion tethers, Reddit tokens, Kik is doomed, Singapore joins Libra, China’s CBDC — and J. K. Rowling asks about Bitcoin
And Investopedia are spammers, and you should remove any links to their site.
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.
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.
News: Crypto media pay-to-play, Bitmain IPO troubles, Sia centralises proof-of-work, Initiative Q stretches the truth
Nearly half the crypto media outlets refused payola! That’s good, right?
News: UK Treasury Digital Currencies Inquiry, Ethereum as a security, Bitcoin Cash, mining for charity
The first spoken evidence session from the Treasury’s Digital Currencies Inquiry is a blinder.
News: Coinbase, Bittrex breach, NiceHash, Zero Hedge, CEBMa interview with me, not a Ponzi, Lightning Network
Sure has been a busy couple of days, and I don’t just mean the Bitcoin price peak.
News: Bitfinex crypto withdrawal problems, SEC vs celebrity ICOs, Tapscott VC fund, scammers, magic, bubbles
Plus some favourite tweets for the weekend.
News: Securing plutonium, unsecuring Trezor, Twitter, NHS WannaCry, LSE review of the book
I’ve also sold a surprising and pleasing number of books.