A huge Rube Goldberg machine slapstick custard pie clown car, where each custard pie triggers three more custard pies.
And the central bank that sent its hacker dick pics.
Is this THE END OF CRYPTO?? We should be so lucky.
I did a talk for William Quinn’s final year fintech class at Queen’s University Belfast. 1 hour talk, 1 hour questions.
Decentralisation was always a phantom. Every process in Bitcoin tends to centralisation. Plus: a history of Bitcoin Cash.
Asset bubbles are fragile, but we still have Tether.
Crypto: “Take us seriously!”
FinCEN, Treasury: “Sure!”
Crypto: “No, not like that,”
John McAfee did promise to eat his own dick if BTC didn’t hit $500,000 by the end of 2020. So maybe this is a last ditch McAfee penis pump.
Coinbase told the CFTC that their internal systems use a ledger in an ordinary database … because the Bitcoin blockchain couldn’t possibly scale to their transaction load.
How the Invisible Hand of the Market turned out to be SoftBank putting a Visible Thumb on the Scale of the Market.