
News: UST fallout, Central African Republic fallout, Coinbase Custody not safe in bankruptcy, Catalonia and Russian bitcoins
History always repeats, but only the dumb stuff.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
History always repeats, but only the dumb stuff.
You wouldn’t funge a car.
“please note how they’ve taken the actual melbourne course design and just … pasted it onto the sydney image. so half the track is underwater.”
I shall henceforth be calling Bitcoin mining “extreme bingo.”
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
The reason is simple and obvious: the actual dollars don’t exist in the crypto trading system.
“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.”
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
I changed my own Twitter avatar to a pentagon, to show my allegiance to the fiat petrodollar.
“One of the downsides of being both incompetent, unscrupulous and greedy is that you become very predictable.”