Many Bitcoin proponents, chief among them Nick Szabo, laud Bitcoin for its social scalability. In order to discuss this issue fairly we must first define social scalability. In the famous blogpost where it was first used, Szabo defines it as: “Social scalability is the ability of an institution –- a relationship or shared endeavor, in … Continue reading On the Social Scalability of Bitcoin and the 21 Million Cap
Category: Tech
A Deep Look at the Basis Protocol
Note: This is an old article being moved over from Medium After taking a broad look at stablecoins as a whole and then Dai in specific, I decided to keep the momentum going and take a deep look at the Basis Protocol. Same rules as I did for Dai, you guys are coming with me as … Continue reading A Deep Look at the Basis Protocol
Billion Grains of Bullshit: Calling out an Exploitive Cryptocurrency Scam
Sometimes life has a weird way of working out for me, like I was bored on Twitter looking for something to write about and then suddenly a scam decided to start spamming my mentions. I love when the scammers come to me! Saves me a step in my research process. This is a pretty blatant … Continue reading Billion Grains of Bullshit: Calling out an Exploitive Cryptocurrency Scam
How to Identify a Token Project that Deserves None of Your Ether: With Example
Note: Old article being moved over because I hate Medium Today I want to take a look at a token project that I stumbled across today. It is called Slidebits. It is an ERC20 that is currently (in theory) accepting “donations” of Ether in exchange for tokens. That is not a joke, they are literally called … Continue reading How to Identify a Token Project that Deserves None of Your Ether: With Example
Untethered Tether: Old Developments
Note: This post is out of date but is part of my transition away from Medium. So today we are going to take a look at some of the Tether drama that has occurred over the last week or so, and it gets interesting fast. Background: There has been a theory for a while now that … Continue reading Untethered Tether: Old Developments
A Bear’s Perspective on REP
A Bear’s Perspective on Augur Myles Snider has already written an excellent introduction to Augur and Prediction markets and for the sake of brevity I will not rehash it here. I highly recommend reading his piece before considering my piece: here. In this I will present a different perspective on the coin, focusing on potential regulatory … Continue reading A Bear’s Perspective on REP
A Deep Look at MakerDAO and Dai and MKR
UPDATE: I wrote a follow up here So I recently did a pretty broad breakdown of stablecoins. When I was going back over it, I realized that I wanted to dive really deep into some of these and so I am going to start with Dai, and I am going to do it by going … Continue reading A Deep Look at MakerDAO and Dai and MKR
How Does a Stablecoin Make Money?
Note: This is an old post with some minor flaws, I am posting it here in protest of Medium. This post is prompted by something interesting I have noted in the cryptocurrency space, namely that there has been a significant proliferation of so called “stablecoins.” Besides the proliferation there has also been recent VC investment into … Continue reading How Does a Stablecoin Make Money?
Medium as a Syndication Platform
Update: I disavow this post. Left up for reference sake. Medium for a long time was my preferred publication platform. It offers a beautiful interface, simple interaction features, and the ability to be featured in a variety of ways to extend your reach. I have to give the creators of Medium support for designing what is … Continue reading Medium as a Syndication Platform
Toothbrush
John was shaking. It all came down to this interview, he had been dreaming of this job since graduation and he wanted to make sure that he was totally ready. Walking into the bathroom he grabbed his toothbrush, placed a small strip of toothpaste on it, put in his mouth, went to turn it on, … Continue reading Toothbrush