Bitcoin myths: immutability, decentralisation, and the cult of “21 million”
Decentralisation was always a phantom. Every process in Bitcoin tends to centralisation. Plus: a history of Bitcoin Cash.
Tag: visa
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: Cooking Mama and blockchain, the Halvening and Bitcoin Cash, Simple Assurance of Future Trouble, Kraken, Craig Wright: Craigness
Markets are completely screwed, nobody knows what anything is worth, and the hard problem is keeping everyone in basic food and shelter. Nobody cares about your novelty crypto collectibles.
News: Hester Peirce and Bruce Springsteen, the $350,000 DeFi hack, FCoin exchange collapse, Voatz still bad, IOTA still broken, merchants still nonexistent
“It has been [0] days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”
Your questions about Facebook Libra — as best as we can answer them as yet
I asked some crypto contacts what questions normal people have been asking them about Facebook’s whacky crypto-Bitcoiny thing — and any questions they had themselves.
News: Bitfinex/Tether v. New York, Facebook-only Libra, Justin Sun, IRS letters, unbanking the banked
How to get through Bitfinex’s bulletproof Know Your Customer process — click the “Not a US Resident” button.
News: FATF money laundering regs on crypto exchanges, Binance cuts off the US, Tether big in China, Bitcoin energy consumption, unofficial Telegram public sale, Cathio, IPFS, Visa’s non-blockchain
And the FUDCon 2019 exploratory committee. With T-shirts for PTK:SV and PTK Classic.
News: LocalBitcoins less local, Cryptopia, QuadrigaCX, crypto banking, Telegram, Wirecard, EOS Voice, Kik and Defund Crypto, Wright gets a copyright competitor
So much for the “business deals in parking lots” market.
News: Coinbase suspends Bitcoin, Quadriga officially bankrupt, Bittrex out of New York, Bitfinex margin trading on Tethers, Blockstack Reg A+ token offering
“The more experienced a respondent is, the more likely they are to say blockchain technology is an irresponsible use of resources.”