I say accidentally because he is 1000% not a fan of Bitcoin or any cryptocurrency. Yet, “The natural course of government is to make the currency worth less over time.” ~ learn more
“In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace. Over time, the value of the stolen bitcoin skyrocketed to more than $3 billion dollars and for years it remained one of the biggest mysteries […]
“I’m no true believer. But I’m less than infinitely hostile to crypto. This is becoming a pretty rare position, so let me explain why…” | learn more
“Cryptocurrency exchange company Binance has released a new site that explains its proof-of-reserves system. The company is starting with BTC reserves. Right now, Binance has a reserve ratio of 101%. It means that the company has enough bitcoins to cover […]
Patrick McKenzie (aka patio11) reluctantly talks about cryptocurrency. “In principle, you could use stablecoins as money, like how you use deposits as money. Stablecoins are not used like money; rather than facilitating almost the entire diversity of transactions in the […]
This gets detailed! “I show how price manipulation to liquidate traders is done in cryptocurrency markets. I point fingers at people.” | learn more
“Over the summer, the world learned that tech investor Sam Altman was plotting to co-found a new startup that struck many as dystopian, albeit light on details: a cryptocurrency called Worldcoin that is distributed by scanning people’s eyeballs with an […]
“Last year, three cryptocurrency enthusiasts bought a cruise ship. They named it the Satoshi, and dreamed of starting a floating libertarian utopia. It didn’t work out.” | learn more
“Peter Thiel’s former portfolio manager says that the crypto narrative is built on half-truths and a nonchalance about the security provided by the nation-state.” | learn more
“Open and publicly accessible research graphs can also have their own network-native crypto incentives. This might create novel funding models for curation, and shift the world of scientific research from a US-government-centered, dollar-funded, institutional model to a decentralized network of […]