Skip to content
Attack of the 50 Foot Blockchain

Attack of the 50 Foot Blockchain

Blockchain and cryptocurrency news and analysis by David Gerard

  • About the author
  • Attack of the 50 Foot Blockchain: The Book
  • Book extras
  • Business bafflegab, but on the Blockchain
  • Buterin’s quantum quest
  • Dogecoin
  • Ethereum smart contracts in practice
  • ICOs: magic beans and bubble machines
  • Imogen Heap: “Tiny Human”. Total sales: $133.20
  • Index
  • Libra Shrugged: How Facebook Tried to Take Over the Money
  • My cryptocurrency and blockchain commentary and writing for others
  • Press coverage: Attack of the 50 Foot Blockchain
  • Press coverage: Libra Shrugged
  • Table of Contents
  • The conspiracy theory economics of Bitcoin
  • The DAO: the steadfast iron will of unstoppable code
Main Menu

Tag: tether

El Salvador passes its Bitcoin Law — and it’s a Tether scam

11th June 202115th June 2021 - by David Gerard - 20 Comments.

The El Salvador Bitcoin scheme is a barely-planned smash-and-grab.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Rehost: Tr0lly: A day in the life of Stuart Hoegner, General Counsel for Tether

24th May 202129th May 2021 - by David Gerard - Leave a Comment

Tether appears to be trying to get satirical posts about them taken down. So I put up a copy here. You should feel free to put one up as well.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

News: Everybody hates Chia, Defi100 rugpull, China versus mining, China versus crypto

22nd May 202123rd December 2021 - by David Gerard - 5 Comments.

Q. What do you call unsmokeable mushrooms?
A. Non-Tokeable Fungi.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Bitcoin crashed today — it was market shenanigans, not China

19th May 202120th May 2021 - by David Gerard - 3 Comments.

Asset bubbles are fragile, but we still have Tether.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Tether publishes … two pie charts of its reserves

13th May 202123rd May 2021 - by David Gerard - 4 Comments.

Does nine lines of text on two pie charts satisfy Tether’s agreement with the New York Attorney General to publish a breakdown of its reserves?

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

News: Coinbase goes public, Bitcoin hashrate goes down, NFTs go down, proof-of-space trashes hard disk market

20th April 202123rd July 2021 - by David Gerard - 1 Comment

SUBSCRIBE TO THE PATREON, OKAY? Love ya!

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Tether produces a new attestation — it says nothing useful

30th March 2021 - by David Gerard - 6 Comments.

Tether releases an audit of their reserves! Done by proper accountants! Well, actually an attestation. Well, functionally a press release.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

News: vanishing NFTs, Free Keene not so free, Coinbase wash-trading Litecoin

29th March 202114th April 2022 - by David Gerard - Leave a Comment

Pavel Durov is delighted to share that he can finally pay back the guys who put money into the Telegram ICO, and that he will continue to enjoy the use of his limbs.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Tether Leaks and Deltec Leaks: an unverified but interesting document dump

28th February 202128th February 2021 - by David Gerard - 2 Comments.

I’m treating it as unverified gossip for now, and you should too.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

New York settles with Tether — a wrist-slap, with a strong leash

23rd February 202119th May 2021 - by David Gerard - Leave a Comment

If anyone tells you Tether was “exonerated,” they don’t know what words mean. Read the settlement.

Share this:

  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on X (Opens in new window) X
  • Click to share on Bluesky (Opens in new window) Bluesky
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Hacker News (Opens in new window) Hacker News
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to email a link to a friend (Opens in new window) Email

Posts pagination

Previous 1 … 7 8 9 … 20 Next

Click here to get
signed copies of the books!

 

Get blog posts by email!

Support this site on Patreon!

Hack through the blockchain bafflegab:

  • $5/month for early access to works in progress!
  • $20/month for early access and even greater support!
  • $100/month corporate rate, for your analyst newsletter budget!

Become a Patron!

Buy the books!

Libra Shrugged

  • US Paperback
    UK/Europe Paperback

    ISBN-13: 9798693053977
  • Kindle: UK, US, Australia, Canada (and all other Kindle stores) — no DRM
  • Google Play Books (PDF)
  • Apple Books
  • Kobo
  • Smashwords
  • Other e-book stores

Attack of the 50 Foot Blockchain

  • US Paperback
    UK/Europe Paperback

    ISBN-13: 9781974000067
  • Kindle: UK, US, Australia, Canada (and all other Kindle stores) — no DRM
  • Google Play Books (PDF)
  • Apple Books
  • Kobo
  • Smashwords
  • Other e-book stores
  • Available worldwide

RSS Feed RSS – Posts

RSS Feed RSS – Comments

Recent blog posts

  • Phil Ferguson Show interview
  • Crime is legal — but the actual dollars aren’t showing up
  • Statue to Buttcoin Unveiled in Lugano, Switzerland
  • CRYPTO INTERRUPT: Attack of the 50 Foot Blockchain on video!
  • Crypto update: LOL who cares, crime is legal

Excerpts from Attack of the 50 Foot Blockchain

Table of Contents

  • The conspiracy theory economics of Bitcoin
  • Dogecoin
  • Buterin’s quantum quest
  • ICOs: magic beans and bubble machines
  • Ethereum smart contracts in practice
  • The DAO: the steadfast iron will of unstoppable code
  • Business bafflegab, but on the Blockchain
  • Imogen Heap: “Tiny Human”. Total sales: $133.20

Index

About

  • Press coverage for Attack of the 50 Foot Blockchain
  • Press coverage for Libra Shrugged
  • My cryptocurrency and blockchain press commentary and writing
  • Mastodon @davidgerard@circumstances.run
  • Bluesky @davidgerard.co.uk
  • Twitter @davidgerard
  • Facebook author page
  • About the author
  • Contact

The content of this site is journalism and personal opinion. Nothing contained on this site is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional.

I do not hold a position in any crypto asset or cryptocurrency or blockchain company.

Amazon product links on this site are affiliate links — as an Amazon Associate I earn from qualifying purchases. (This doesn’t cost you any extra.)

Copyright © 2016–2024 David Gerard
Powered by WordPress and HitMag.