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 […]
“Her most intriguing videos apply astrology to a particularly daunting realm: cryptocurrency. Anything with a verifiable birthday or creation date has a birth chart that can be read and, according to astrologers, gleaned for predictive information.” | learn more
This critical analysis of a common belief among Bitcoin supporters has merit. “The inflation-hedge viewpoint is an article of faith in the crypto community. The logic goes that bitcoin will become the asset of last resort when inflation finally makes […]
Another $2 billion example of counterparty risk, this one from Turkish exchange Thodex. “Turkey launched an international manhunt for the founder of one of its major cryptocurrency exchanges after he stopped paying clients and fled the country.” | learn more
“U.K.-listed cryptocurrency mining firm Argo Blockchain started paying the salary of its CEO, Peter Wall, in bitcoin this month.” | learn more