Books I Read Insomnia - This book by Stephen King is a supernatural thriller (like many of King's books). If you are a fan of King you will likely enjoy this, especially with the references back to Dark Tower and to Derry more broadly. If you are not a fan of King, I think he … Continue reading Sunday Reads – Things I Found Interesting 2021-06-13
Category: Bitcoin
Elon and the Absurdity of Bitcoin
Elon Musk is considered by fools to be among the smartest people alive. He will be discussed as though he has the intellect of Nikola Tesla, combined with the ability to create products of Thomas Edison. This towering intellect is a facade built on the willingness of others to continue to propagate the myth, and … Continue reading Elon and the Absurdity of Bitcoin
Sunday Reads – Things I Found Interesting 2021-05-30
Ethereum Vitalik breaks down the limits to scaling. Hard Forks Eric Wall shares a flowchart from the Segwit2X Bitcoin scaling debate that can serve as a useful model for understanding contentious hard forks. https://twitter.com/ercwl/status/1397977347572310018 Steve Bannon's Italian Gladiator School for Western Culture Ben Munster breaks down the absurdity of the above phrase. ICYMI https://bennettftomlin.com/2021/05/23/tether-and-bitfinex-are-unacceptable-the-fundamental-divide/ In … Continue reading Sunday Reads – Things I Found Interesting 2021-05-30
Why it makes sense for Coinbase to list Tether
I have recently been asked several times why would Coinbase list Tether. Especially among the revelations of the NYAG and the general controversy surrounding Tether. Fundamentally, what I believe it comes down to is money and knowledge. Coinbase Pro FeesGemini ActiveTrader FeesFTX.US FeesCoinbase Fees Coinbase USDT pair volumes as of 5/29/21 per CoinMarketCap The most … Continue reading Why it makes sense for Coinbase to list Tether
Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner
In this episode Cas and I take a look at the payments processor for Bitfinex, Tether, Kraken, Quadriga, and Bitmex. They’re implicated in money laundering for the cartels, wire fraud, bank fraud, embezzlement, and more. Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics' Corner https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/bPAfTQjMkbk In this … Continue reading Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner
Tether and Bitfinex are Unacceptable: The Fundamental Divide
It can be difficult to talk about Tether, not because there is disagreement on the essential facts, but due to the lens through which these facts are viewed. The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that … Continue reading Tether and Bitfinex are Unacceptable: The Fundamental Divide
Sunday Reads – Things I Found Interesting 2021-05-23
Stu claims many things, all on his personal Medium Stu felt he had to respond to posts like mine here: https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ SafeMoon the US Based, Ponzi-like, FBI Related Token SafeMoon is a popular cryptocurrency (especially on places that prey on unsophisticated investors like TikTok) and based on reporting by Protos Media it seems to be … Continue reading Sunday Reads – Things I Found Interesting 2021-05-23
My Appearance on COINTELPRO
https://youtu.be/Ey9ngsxG9sE?t=1079 Cointelpro is a new podcast that I went on, quite different from other ones I've done. Much broader in scope and much less focused on crypto. My interview starts a little after the 15 minute mark. We discuss what is crypto, why is crypto, and how does crypto inherit from classic American con men. … Continue reading My Appearance on COINTELPRO
Sunday Reads – Links I Found Interesting 2021-05-16
https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf Tether Releases Asset Breakdown I wrote up my thoughts on it here. https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ Cas Piancey and I also did a podcast episode on it: https://bennettftomlin.com/2021/05/15/new-episode-of-tether-a-stable-discussion-with-cas-piancey-tethers-pie-charts/ David Gerard wrote up his and seems to have trouble determining what a 'reverse repo note' might be: https://davidgerard.co.uk/blockchain/2021/05/13/tether-publishes-two-pie-charts-of-its-reserves/ http://web.archive.org/web/20210513214721/https://davidgerard.co.uk/blockchain/2021/05/13/tether-publishes-two-pie-charts-of-its-reserves/ Amy Castor (archive) also wrote up her thoughts on … Continue reading Sunday Reads – Links I Found Interesting 2021-05-16
New Episode of ‘Tether: A Stable Discussion’ with Cas Piancey: Tether’s Pie Charts
Episode One Episode Two Episode Three https://www.youtube.com/watch?v=VgYiujCUI_o My co-author and friend Cas Piancey and I got together to discuss the recent pie charts released by Tether. You can find the discussion of it here: AnchorSpotifyOvercastAppleRSS Feed You can find my article on this topic here: https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ And Cas' here: https://protos.com/tether-pie-chart-usdt-dollar-pegged-crypto-stablecoin-dollar-value/