The prehistory of NFTs
This is a draft of part one of the history chapter for our planned NFT book. Corrections and nitpicking are most welcomed!
Tag: mt gox
News: Celsius CFO arrested, El Salvador journalists hacked, Senate vs. stablecoins
“The trick in the game is to make losers feel like they are winners, and one of the means of getting them into the trade is by paying them a yield to take on risks they don’t understand.”
Bitcoin myths: immutability, decentralisation, and the cult of “21 million”
Decentralisation was always a phantom. Every process in Bitcoin tends to centralisation. Plus: a history of Bitcoin Cash.
News: Craig Wright copyright claims, Grayscale, Mt. Gox, Reddit on Ethereum, the French Bitcoin neo-Nazi
News from before the Fall.
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: Bitcointopia busted, OneCoin busted, 1pool busted, Canada audits crypto traders
Canada has a sudden interest in regulating cryptocurrency.
News: QuadrigaCX, Swift and Ripple, Mt. Gox, illegal abuse images on Bitcoin SV blockchain
If you made up the Quadriga saga as a story about lost pirate treasure, the target audience would have to be about four, because eight year olds wouldn’t buy it.
News: Mt. Gox recovers, Bitcoin crashes, Bitfinex/Tether, Kaminska to Parliament, Hydro-Québec, TRON, EOS, Nano insecure keys
“I hate these extremely rare occurrences of crypto exchanges getting hacked once a week.”
News: IOTA cultists, Ethereum as security, exchange regulation and market manipulation, Wikipedia
IOTA’s fan base are remarkable. Also: crypto market manipulation, and good pieces on Mt. Gox and Sergei Mavrodi.