blockchain

What now Bitcoin?

Bitcoin & other cryptos have taken a sharp nosedive of ~33% from peak.  Although it may rally short-term, let’s take a look at the...
apolloslater
1 min read

Economics of merge mining

A common argument for the unique value of bitcoin is its hash power, meaning the amount of computational power (miners) dedicated to mining bitcoin....
apolloslater
1 min read

Bitcoin’s dubious utility value

Bitcoin fanbois point to bitcoin’s utility as a payment network. But, unlike Visa, holders of bitcoin don’t get any of the mining revenues, so...
apolloslater
1 min read

Tether collapse scenario

Current situation with dumb money buying BTC: Tether prints tethers to buy bitcoin BTC-USDT price skyrockets Arbitrage bots buy BTC-USD, because everyone assumes 1...
apolloslater
1 min read

Bitcoin’s paper price bump

What’s behind Bitcoin’s recent price increase? I’ll tell you — and it’s not Bitcoin’s utility as a currency, or wonderful investment opportunity.   Bitfinex...
apolloslater
34 sec read

Alt-coins are vulnerable to attack

The strength of a cryptocurrency is the share of global processing power it can muster in service of its ledger.  An attack by a...
apolloslater
1 min read

Bitcoin is a ponzi scheme

All “cryptocurrencies” based on artificial limits are inherently pump-and-dump schemes.  If they were true free market currencies, the money supply would grow with demand....
apolloslater
53 sec read

The Bitcoin mirage

This post is an edited collection of my responses to James Corbett’s interview of Ken Shishido on Bitcoin. Bitcoin was an interesting experiment in...
apolloslater
2 min read

Steemit, a fresh breath of hot air

This post is an edited collection of my responses to James Corbett’s presentation on the social bookmarking site Steemit. A new social bookmarking site,...
apolloslater
1 min read