• Anthony "Pomp" Pompliano on Bloomberg Television. Let's see if that ever happens again.
    Bitcoin,  Litecoin,  Media,  Opinion

    Halving halfwits: Anthony Pompliano’s feud with Bloomberg’s Joe Weisenthal over who’s the greater fool

    What seemed like a Twitter fight over the Efficient Market Hypothesis is really about something else

    Have you heard of “The Halving?” Many—if not most—retail traders and investors may not have heard of it. Those that have probably don’t care all that much about it. For that reason, all those HODLers who take up a lot of space on Reddit and Twitter give themselves a pat on the back.

  • Bitcoin superhero
    Bitcoin,  Innovators,  Litecoin,  Opinion

    Crypto’s superhero fixation has a dark side

    Is plutocracy a bug or a feature?

    “The technologies that we are creating today will literally give us super powers,” Adam Draper told a trendily dark, shockingly empty, incredibly large conference room in the Aria Resort in Las Vegas, where World Crypto Con 2018 was being held. It was before 11 a.m. on a Thursday, and Adam was standing on stage alongside his father, the well-known venture capitalist Tim Draper (who himself is the son and grandson of venture capitalists). “We’ll probably live 200 years and I don’t know, will get from one place to another just by thinking about it,” the younger Draper enthused. “And think about like, how people from 50 years ago, if they…

  • Vitalik Buterin, Rachel Siegel, and Roger Ver
    Bitcoin,  Ethereum,  Litecoin,  Media,  Ripple

    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…

  • newspaper
    Alt coins,  Asia & Australia,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Media

    Must-reads for Nov. 6, 2018: Bitfury’s billion, crypto’s energy costs, and Pomp get dumped

    These are the crypto stories you should be following today

    Billionaire Novogratz Invests in Cryptocurrency Firm Bitfury (Bloomberg) Mike Novogratz’s Galaxy Digital has joined Naver Group of Korea in an $80 million round of funding for Bitfury. The company “sells gear used to mine cryptocurrencies and develops blockchain technology for clients including the Ukrainian government,” notes Bloomberg’s Ruben Munsterman and Ruth David. That puts its valuation above $1 billion. “If it conducts the IPO in the next two years, Bitfury will seek a valuation of $3 billion to $5 billion,” concluded Munsterman and David.   Quantification of energy and carbon costs for mining cryptocurrencies (Nature) Another day, another Nature study on the impact of cryptocurrency mining. A week ago, the…