Cryptocurrency in the news #22

Closing tabs.

Two things:

1) I contacted Wedbush Securities about their new report and asked them what their citation for their first point regarding payments was.  They responded by saying they used the Blockchain.info transactional volume chart.  The reason this is interesting is because based on the past 8 months, that chart does not actually support their argument.  Perhaps this will change in the future, but it may not.

2) I have a short article about the unseen costs/subsidies in the mining space, it is mostly a rehash of chapter 3.  I suspect that once we have “Peak Hashrate” prior to the next block reward halving in 2016, some of the hand waivers will begin to realize what the real costs of securing and transacting is: How many bitcoins does it cost to maintain the Bitcoin network?

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