Closing a bunch of my tabs, I only posted a few of these links in my book.
First link must have been inspired from the picture by Mac in It’s Always Sunny in Philadelphia.
Thanks to Dave Harrison and others for a couple links below:
- A top contender for best irrational exuberance in day trading: Moon from Trading View
- Hacker makes $84k hijacking Bitcoin mining pool from The Guardian (bitcoin “thought leaders” are always saying how this is either impossible, unlikely or how in order to disrupt Bitcoin rogue actors have to brute force the network. this is untrue, lots of other ways to temporarily or permanently disrupt a pool or the network)
- Famous First Bubbles: The Fundamentals of Early Manias by Peter Garber (one bubble that doesn’t get much attention in general by most commentary today is the Rail Road bubble in the 19th century; lots of supposed “smart money” poured into it; see for instance the railroad mania in the UK)
- Risk-averse China seen pushing back plans to free yuan from Reuters (as I argue in my book, the RMB has a better chance of internationalization than any cryptocurrency, this story explains the difficulties of getting those moving pieces aligned)
- Bankers Trust controversies on Wikipedia (really interesting story, I wonder how “cryptobrokers” would fare if their comments on reddit/Twitter were accounted for like that. all the people at conventions claiming bitcoin will hit $30,000 and that you should buy, does this constitute guidance?)
- Crowdfunding and the Federal Securities Laws by C. Steven Bradford (cryptosecurities and cryptoequity are likely investment contracts under the Howey rule and the SEC has total discretion as to exemptions from its securities regulations; yet it is getting pressure from Congress to exempt crowd sharing sites; talk to a lawyer before getting involved in these)
- Don’t Know – DK (one of the biggest “DK’d” in history can be found in this exchange between Barclays and JP Morgan regarding $40 billion sent to Lehman Brothers during its collapse)
- Standards from XKCD (if there is one thing open source projects are good at, it’s fragmenting)
- GHash Mining Pool Generates $250 Million in Bitcoin in One Year from CoinDesk (and “Since launch, miners on GHash have consumed 159,519,788 kilowatt hours worth of power.” though it is unclear if that is just with the locally hosted machines and/or the external machines that point to GHash.io)
- Report: Bitcoin Targeted in 22% of Financial Malware Attacks from CoinDesk
- Google explodes the online storage market with unlimited storage for businesses from CITE World (how can StorJ and Filecoin possibly compete against this?)
- A Tale of Two Bitcoin Presales: Swarm and Ethereum by Danno Ferrin
- Stellard compared to Rippled from Rubble Labs
- Could Crypto-finance un-silo Wall Street? from CAPCO
- BTX Trader (allows you to trade on multiple exchanges, i haven’t used it, not an endorsement)
- SoHelpful (supposedly helps build a company reputation, looks like it could work in conjunction with Clarity)
- Is BitCoin a triple entry system? from Financial Cryptography (this is an old story that a friend asked me about: there really is no such thing as “TES.” if you hear someone say this is what will enable blockchains to defeat Intuit or Quicken, they probably do not understand accounting.)
- bitcoinnerds comments on BitPay’s announcement last week (as he points out this is largely hype, BitPay has no margins and likely makes the bulk of its revenue from trading bitcoins on exchanges/OTC)
- Triennial Central Bank Survey Foreign exchange turnover in April 2013: preliminary global results from Bank for International Settlements
- I removed all but one reference to MaidSafe in my book primarily because in the months since they went “live” they have not really produced or shipped anything. For more on that I recommend readers peruse two comments on Hacker News
- Bitcoin Features in Latest FinCEN Suspicious Activity Report from CoinDesk
- Open Crypto Review (an open source peer review platform of academic and research articles)
- Cash transfers in Africa: Bitcoin for the poor from The Economist (money quote: “But first he will have to overcome a number of hurdles. Bitcoin’s remittance pioneers face the same anti-money-laundering and cash security issues that drive ordinary transfer fees so high. Then there’s the unknown of local governments’ reactions to such little-regulated exchanges.”)
- Why are bitcoins always compared to credit cards? One is an asset instrument, the other a debt instrument. see comment from junseth
- Paying with Plastic: Maybe Not So Crazy by Tom Brown & Lacey Plache
- Liquidity Creation without a Lender of Last Resort: Clearing House Loan Certificates in the Banking Panic of 1907 by Ellis W. Tallman and Jon R. Moen
- TenderMint: Consensus without Mining by Jae Kwon
- The Shift to Safer Chip-and-PIN Credit Cards from The New York Times