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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
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Tag: ton

News: Blockchain handouts, Wirecard UK, WhatsApp Pay Brazil, 10 billion tethers

17th July 20202nd October 2020 - by David Gerard - Leave a Comment

It’s right there in the white paper — cryptocurrency is about government handouts.

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News: not Craig Wright’s bitcoins, how Tether flows, Goldman Sachs spurns Bitcoin, Calibra is now Novi

31st May 202017th April 2022 - by David Gerard - Leave a Comment

“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”

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Telegram gives up on the Telegram Open Network — and Free TON launches

14th May 20203rd May 2021 - by David Gerard - Leave a Comment

The Durovs cry themselves to sleep on a not-as-big-as-hoped bed made of rather less money than they’d anticipated.

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News: Telegram appeals injunction, Adaptive Capital fails, the story of the Petro

30th March 202021st October 2020 - by David Gerard - Leave a Comment

Call all you want, but there’s no one home. And you’re not gonna reach my telephone.

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News: Hester Peirce and Bruce Springsteen, the $350,000 DeFi hack, FCoin exchange collapse, Voatz still bad, IOTA still broken, merchants still nonexistent

18th February 20209th March 2020 - by David Gerard - Leave a Comment

“It has been [0] days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”

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Telegram responds to the SEC complaint about the Grams ICO

13th November 201914th November 2019 - by David Gerard - 2 Comments.

The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.

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News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance

16th October 201918th October 2019 - by David Gerard - 2 Comments.

If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.

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SEC blocks the Telegram ICO — what this means, and what happens now

13th October 201914th October 2019 - by David Gerard - Leave a Comment

Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.

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News: Kleiman and Wright settling, Libra, Tether, Initial Sucker Offerings, enterprise “blockchains” as back-end datastores, Marshall Islands, Telegram TON software

18th September 201919th September 2019 - by David Gerard - Leave a Comment

Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.

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News: Tether clogs Ethereum, Quadriga venue move, KodakOne sends copyright-trolling email, Telegram TON proceeding, no official Chinese stablecoin, Lightning in decline, don’t be your own bank

2nd September 20193rd September 2019 - by David Gerard - Leave a Comment

Ethereum is the World Computer! As long as you don’t try to use it for any sort of real application.

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Attack of the 50 Foot Blockchain

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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
  • Twitter @davidgerard
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  • About the author
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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.

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Copyright © 2016–2022 David Gerard
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