Summer reading for the cryptocurrency skeptic: part 1
Phew, what a scorcher! Why not sit back with a book or ten on the most fascinating subject in the world: financial shenanigans.
Tag: tim swanson
News: vanishing NFTs, Free Keene not so free, Coinbase wash-trading Litecoin
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.
News: India crypto ban, North Korea, BitMEX execs to appear, IBM Blockchain dead, more McAfee charges
“Bitcoin is Scientology with thetan resale value.”
News: Tether TO THE MOON, Bitcoin over 40,000 USDT, more Ripple fallout
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
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: 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: Kleiman and Wright settling, Libra, Tether, Initial Sucker Offerings, enterprise “blockchains” as back-end datastores, Marshall Islands, Telegram TON software
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
News: Crypto Visa issuer fined by Gibraltar, ICOpocalypse, US Congress, BitMEX, EOS, OmiseGo, Laurie Penny
And the week’s opinion pieces — some sane and lucid … some not so much.
News: 14,000 CryptoKitties to kill Ethereum, history of Earn.com’s PiTato, ransomware, cryptographers on cryptocurrency
Also: I need titles for the sequel to Attack of the 50 Foot Blockchain!
Bitfinex/Tether and 5W PR mount the worst public relations campaign I’ve seen in a while
When you can’t pound on the facts, pound on the table. A PR initiative that will convince nobody who they need to convince.