Attack of the 50 Foot Blockchain
Enterprise blockchain never made any sense. A slow data store was never going to magically make your business or bureaucracy more efficient. Because magic doesn’t happen. That didn’t stop fiercely dedicated pursuit of the dream — nor setting millions of dollars on fire in the process. In 2015, the Australian Securities Exchange’s CEO-before-last,...
By Amy Castor and David Gerard The Three Stooges keep getting hired despite their long track record of workplace violence, poor teamwork, and property damage. If their history was stored on a blockchain ledger and viewable by potential employers, they would be incentivized to rein in the monkey business. — Patrick The alleged integrity...
American Scream interviewed me for his IORadio podcast! (Audio, no video.) [YouTube] We go through my general background and how I wrote Attack, but also a pile of stuff about current events in crypto. Consider it a quick update. My podcast policy remains: sure, get in touch! I always try to say yes. Your subscriptions keep this site going....
Tether has long played financial shell games to keep its dollar stablecoin USDT up and running. It’s also been happy to ignore money laundering laws for most of its existence. But we think Tether’s day of reckoning is on the horizon due to USDT’s latest use case: sanctions evasion. This edition is over at Amy’s. [Amy Castor] Your subscriptions...
“My big takeaway from this and every other Jack Dorsey news cycle is that I could easily get him to pay me $125,000 for a jug of something called Diarrhea Water in the understanding that it would ‘detoxify his beard.’” — David J. Roth Twitter founder Jack Dorsey has been interviewed in Pirate Wires by Mike Solana about social media and why he left...
By Amy Castor and David Gerard You can sponsor our efforts to produce more work like this. Here’s Amy’s Patreon and here’s David’s. For casual tips, here’s Amy’s Ko-Fi and here’s David’s. Help our work: if you liked this post, tell just one other person. Popular day trading app for degenerate gamblers stockbroker Robinhood Markets runs quite...
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