Every profession is a conspiracy against the laity, and the world of crypto is no exception. It is in that spirit, I offer this glossary of terms that will make you sound as if you are completely informed and up-to-date when discussing your next crypto project. Continue Reading →
Blockchain
Posts about Blockchain.
Subscribe to my newsletter to make sure you don't miss anything.
A Turkish crypto exchange boss has gone missing and, according to reports, he took $2 billion of investors’ funds with him (details below). It will be hard to prove he stole the crypto, and it is unlikely to be found or returned. So... how dangerous is crypto? Continue Reading →
Crypto prices and NFTs are hogging the headlines, but they are just the most visible components of a rapidly growing decentralized financial system (DeFi) that has the potential to significantly challenge how we buy, sell, and trade just about everything. Blockchain and cryptocurrency may seem like a new thing, but they have been around for over 10 years. The problem is that the world of crypto can be very confusing with all the jargon, acronyms, and other unfamiliar words. This brief overview will introduce you to some of the basic areas through a series of links to the most prominent organizations, platforms, and toolsets. Continue Reading →
Coinbase is the largest cryptocurrency exchange. It trades under the ticker symbol COIN. It makes most of its money on trades involving Bitcoin (BTC) and Ethereum (ETH), but also lets you exchange about 50 other cryptocurrencies. Almost everyone you know who has a substantial amount of BTC or ETH has done at least a few trades on Coinbase. Continue Reading →
Behold the Rolls-Royce Ghost, a bespoke automobile that lives up to its brand name. The base price (before options) is $460,350, which is roughly $120,000 more than the median price of a home in the United States ($340,000) and roughly $120,000 less than the cost of the Nyan Cat NFT ($580,000). Continue Reading →
Are we about to see an explosion of competitive blockchains vying for your NFT projects? I can almost guarantee it. Continue Reading →
From a financial perspective, the pandemic has hit the creator class hard. With the usual venues for live performances and exhibitions closed, artists, musicians, singers, actors, and creators of every description have been forced to fend for themselves. But something very new, and kind of amazing, has happened over the past year. The result may be the emergence of a first-time-ever, self-sufficient, profitable creator class. Continue Reading →
Visa announced plans to use its payment network to settle USD Coin (USDC) transactions. USDC tokens are stablecoins, pegged to the value of a US dollar. Continue Reading →
We’re in the middle of a cryptocurrency bubble and an NFT (non-fungible token) craze. For context, the price of a Bitcoin (BTC) is bubbling around $56,000. The price of an Ether (ETH) is just over $1,700. That sounds bubbly, but this column is not about financial advice. I’m going to teach you, step by step, how to build a very small cryptocurrency mining operation so you can get a deeper understanding of the process. Continue Reading →
Someone very rich (or dangerously insane) just spent more than $500,000 to purchase an NFT of a virtual home. "Mars House" is a piece of digital artwork by Techism artist Krista Kim. Continue Reading →