Crypto billionaire Craig Wright filed a £100,000 libel suit against “What Bitcoin Did” podcast host Peter McCormack on April 18, following a twitter-based argument about the real identity of Bitcoin creator Satoshi Nakamoto.
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Forget environmental damage, this is the worst thing you’ll see about crypto in a long time
Just a woman in XRP underwear writhing on the steps of the New York Stock Exchange
What a bunch of weirdos humanity is. We’re all out here trying to scratch together a living, and Rachel Siegel—the woman behind a truly remarkable new video “Top Six”—is no different. As crypto money continues to bring out our bizarre instincts, Siegel produced her rewritten version of Britney Spears’ “Toxic” with a focus on the top six cryptocurrencies. “Oh / The runs and the dips / I’m holding tight / Your top six, your dipping under” The video has been making the rounds on Reddit, although Siegel explained it’s just a first attempt at building an audience with viral videos about cryptocurrency. “My thesis is: there’s no way to get a common consumer…
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Must-reads for August 27, 2018
Here are the crypto stories you should be watching today
This little-talked about correlation suggests bitcoin may end year ‘explosively higher’: Tom Lee (CNBC) Fundstrat’s Tom Lee may use shoddy analysis. He may even make absurd claims of bitcoin prices reaching $10 million in a couple of decades based on shockingly flimsy correlations between Millennial income power and the price of bitcoin over a few months during the bubble last year. But you know what he’s really, REALLY good at? Getting repeatedly booked on CNBC. On Friday, the former JP Morgan’s Chief Equity Strategist was at it again, this time spouting the idea that emerging markets may power BTC toward his $25,000 year-end price target, a prediction made earlier this…
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Must-reads for August 21, 2018
Here are the crypto stories you should be watching today
Stop worrying about how much energy bitcoin uses (The Conversation) The title of this piece is misleading but that’s the product of editors trying to game social media by getting people to share stories since few people actually read the whole article. University of Pittsburgh researcher Katrina Kelly-Pitou argues, “Rather than discussing the energy consumption of bitcoin generally, people should be discussing the carbon production of bitcoin, and understanding whether certain mining towns are adding to an already large environmental burden.” ‘Bitcoin Jesus’ Is Having a Hard Time Winning Over True Believers (Bloomberg) Usage of cryptocurrencies as payments has slumped in the past several months. Transactions involving Bitcoin Cash,…
