Crypto news, unheard of alt coins, investments as gamblings and self-hating decentralized financial musings
22 Jun 2020 2 minute read 5 comments FarewelltoMinds
Reddit's Ethereum Scaling Competition: ETH's Do or DIE Moment? Reddit is about the either bring in the next bullrun or completely fucking destroy Ethereum. No, I'm serious. I really think this and I'm about to explain why. Reddit just announced a sc...
18 Jun 2020 1 minute read 0 comments FarewelltoMinds
Of all the things that have been said about Trump, and will be said about him in the future for decades to come, his buffoonery will likely be a consistent theme. Enemy, fraud, conman, lazy, dotard, traitor, racist are likely contenders. But among th...
12 Jun 2020 1 minute read 4 comments FarewelltoMinds
One way you can identify the potential of something is by examining its enemies. That is, how do they treat it? As a threat? Or do they ignore it? As a Chinese general once said, “it is good to be attacked by the enemy”. The latest news about a warga...
11 Jun 2020 1 minute read 0 comments FarewelltoMinds
Stolen Bitfinex BTC ON THE MOVE! Hey, remember that time that hackers stole $1.1 billion dollars’ worth of Bitcoin back in 2016? You don’t? Hackers stole 119,756 bitcoin from Bitfinex back in 2016. One of the largest heists in Bitcoin’s history. Sec...
5 Jun 2020 1 minute read 1 comment FarewelltoMinds
Goldman the Bear vs Bloomberg the Bull Last week, Goldman Sachs listed five reasons investors should avoid bitcoin. This was an obvious push by a bank with vested in interests in everything that bitcoin is not. Go ahead and search for all the great c...
27 May 2020 2 minute read 11 comments FarewelltoMinds
China's Digital Yuan: Surveillance Tool, Stability for Bitcoin? The CCP continues to push towards a digitalization of the nation’s currency: RMB. But do not think that this is something like Bitcoin for the masses. Forbes reports this with growing...
25 May 2020 3 minute read 23 comments FarewelltoMinds
Bitcoin’s Real Weakness? Energy. Considering all the technobabble and steep learning curves regarding blockchain tech in general, and Bitcoin in particular, it shouldn't be a surprise that it remains unpopular, seldom used and overall a specialized,...
21 May 2020 1 minute read 1 comment FarewelltoMinds
A Reddit post by u/d4f6 offers 1 Ethereum for whoever can break the code. The image is copied below. Yes, this is real. The address is here. At the time of this post, the ETH is still up for grabs. Breaking the code will reveal the private key. Th...
19 May 2020 1 minute read 10 comments FarewelltoMinds
How Decentralized Is Bitcoin? It Isn’t. One of the primary arguments over Bitcoin having value, aside from its actual value derived from the production process itself, is its characteristic of being decentralized. That is to say, it cannot be control...
14 May 2020 1 minute read 5 comments FarewelltoMinds
As a part of Reddit’s new ERC-20 point system, /r/cryptocurrency has introduced it’s own 'token' called Moons. Each community on reddit has its own variant of community points, represented on the Ethereum blockchain. Community Points represent owne...
