Tag: blockchain
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Bitcoin as Fungus
My recent Twitter thread commenting on an essay describing Bitcoin as a fungus intertwined with humanity.
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Flocking Behavior
This will hopefully be my last post about the crypto bubble for a while. I feel terrible about myself for spending so much time being distracted by trying to convince people not to “invest” money that they can’t afford to lose into gambling on chance, but I also feel oddly satisfied too, as if I […]
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Bitcoin to Ethereum
I explain the harm reduction that we can get, if we’re going to live with cryptocurrencies at all, by migrating from proof-of-work to proof-of-stake, or by starting with proof-of-stake for new blockchains.
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The Case Against NFTs
A link to a lengthy essay by [tante] explaining why you shouldn’t invest in NFTs.
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The Great Bitcoin Bank Heist
This essay was originally posted to Medium on Mar. 29, 2021. I have one more prediction about Bitcoin. I recently learned about George Soros’s theory of reflexivity which explains so much about how markets often become detached from reality when pricing a new asset. At first there’s a slow buildup of hype and excitement that spurs further investment […]