Suck it BTC Snowflakes

The speaker list for the (BSV focused) Coingeek Conference June 8-10 has been updated. Looks who’s been added. Mr AntiFragile himself, Nassim Nicholas Taleb is now listed as a speaker at Coingeek. Predictably, Crypto Twitter has erupted in fury. It’s hilarious. Mr Taleb has been very critical of BTC for a long time. He’s recently been seen roasting small blockers …

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Paint By Numbers TA

I have a few indicators that I consider my gold standard. These indicators have proven to be reliable over long timeframes. They are slow moving and are never wrong for very long. Markets swooned fast and hard but zooming out gives us a better idea of what these large moves mean. Where are the current prices in relation to the …

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The Problem is Choice

The Matrix trilogy explores universal human themes of questioning authority and the hero’s journey to enlightenment. The protagonist starts out unaware he is trapped in a simulation to being fully aware of reality and a master of his own fate. The Matrix is an updated exploration of Plato’s Cave allegory. Let’s take a brief look at the main themes of …

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A Primer On Ethereum

Vitalik Buterin was a barely 21 year old contributor with Bitcoin Magazine when he approached BTC Core about ideas he had for computation on BTC. By this time BTC was under control of Blockstream who were not interested in Vitalik’s project so they blew him off. Vitalik took his ideas and created Ethereum because his project was hamstrung by the …

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Memes Are The New Money

Viral images/videos are, at their essence, data. Sometimes this data travels the world many times over to the point it becomes a part of a culture’s shared experience. Today there are few opportunities to monetize a meme or any form of unique data on the Internet without access to large centralized platforms like Instagram or YouTube. The “network effect” benefits …

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Fundamentals Matter

Crypto has been on quite a tear these past 12 months. The emotions are running high and it’s raining Lambos across the Twitterverse. The conversation around Crypto, if you can call it that, is buy, Buy, BUY!   But eventually the euphoria wears off and only the winners are left standing. The winners have the best fundamentals. The winners have utility. …

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Real World NFT Use Case

NFT, aka Non Fungible Token, has been a hot topic in the markets recently. An NFT provides 1) proof that a digital item is unique 2) a chain of ownership. There are a lot of resources about NFT and how they work. I won’t go into the details. Here’s a story from The New York Times about Beeple selling a …

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FATF ruins Thanksgiving

Crypto swoons on rumors about this tweet from Coinbase CEO Brain Armstrong: https://twitter.com/brian_armstrong/status/1331744884856741888?s=20 The Financial Action Task Force may be imposing Travel Rule regulations sooner than later. This could mean a lot of things but the short version is in addition to KYC you may need to show proof of funds on HOW you acquired any crypto you already own. …

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What Does Unbounded Bitcoin Mean?

Humans evolved to develop language to describe our experiences and Science to describe all matters of the Universe. However, there are a few concepts that still boggle the mind, e.g., exponential growth and unbounded scale. Our brains have difficulty processing the concepts exponential growth and unbounded scale. This video example of Exponential Growth by Chris Martenson is worth watching as a warm up …

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FEAR, GREED AND TETHER

Like the PreCogs in Minority Report, I am reporting a murder. The murder will take place sometime in 2021 and the victim will be Tether. The murderer will be the US Government. The motive, this weekly chart of ~15B of Tether created out of thin air with no USD backing:   The resolution of Tether’s money printing is going to …

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