Archive of posts filed under the Bitcoin category.
Shocking Discoveries about Blockchain Bitcoin and Ethereum Network-Level Vulnerabilities
We live on a planet where new technology seems to be working against the vast majority of humans living on this planet, rather than helping us to live better. This is sometimes called “singularity”, and Tristan Harris, a former Google ethics guru has now joined a public crusade so that tech companies “stop exploiting our …
On a Crash Course
Some interesting facts: The wholesale price of gas went up 800% in 2021 (FT). About as much as NVIDIA stock price or bitcoin market price went up in 3 years. The price of industrial sillicon has also surged by some 800% recently (as it did during the 2008-2009 financial crisis). In the same way, the …
A UK Court Ruled that A Crypto Research Paper Should Be Censored
A Prominent Bitcoin Promoter is Punished for Sharing the Satoshi Original Paper and Bitcoin Core Developers Surrender Sad day for freedom of speech in cryptography. The self-proclaimed Satoshi Nakamoto Craig Wright has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting the Bitcoin original whitepaper. After censorship of Garcia paper …
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Edward DeBono, the Precursor of Bitcoin Died
Edward de Bono, scientist and writer, inventor of the concept of “lateral thinking”, died on 9 June 2021, aged 88. In 1994 he proposed the famous concept of IBM dollar, which is a bit like the father of bitcoin, in several ways: It would be private money, not controlled by the state. Basically IBM would …
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RSA is Broken?
After a decade of heavily government-sponsored propaganda about quantum computers, we are finally discovering the truth. RSA is NOT secure, not even against normal computers. Edited and added in 2021-2023: The story in unfolding slowly and so far can be summarized as follows: For years best known factoring and lattice algorithms did not exactly work …
Crypto Currency Alt Coins are Booming
Best period in crypto history ever. ADDED 6 Feb 2021: traders who trade altcoins will be interested in this.
Crypto is Now Worth 1 Trillion Dollars and Why -Strangely- It Makes A Lot of Sense to Compare Bitcoin to Gold
Yes, the market cap of all crypto currencies combined has reached 1 Trillion US dollars, see also top line ticker here. I have predicted this 3 years ago, after the market collapsed, and now it is a fact: we are past 1T$, however much market cap valuations of this kind are highly questionable. Unrealistic inflation …
Crypto Mining At Nasdaq
Two stocks related to crypto mining exploded on Nasdaq in the recent days. RIOT is worth 5x the price of March and has doubled since July 2020, and MARA had quadrupled since July 2020 (which was followed by a correction). At the same time there are countless indicators which indicate that we are in an …
An Important Event in UK Crypto Policy
No UK is not going to be a puppet of China or Russia. Instead, a deal is being negotiated with Japan. It was already agreed that The two governments would not force their companies to hand over encryption keys which are used to protect proprietary corporate technology and information. It was also agreed that data …