Cryptocurrencies

The Sunday Recap – Down the Rabbit Hole 26

Bitfinex and Tether spoiled the crypto party or did they? A few months ago, negative news like this would have tanked the market. For the moment, short-term sentiment remains reasonably positive. If you hold funds on Bitfinex or Tether please read this post (super short review -don’t). Otherwise, it’s been another busy week in crypto. In the interest of balance, I’ve taken a somewhat contrarian road with multiple posts highlighting possible issues with both Binance and the Lightning Network. I’ve also included a couple of infographics that show Ethereum in a very positive light when compared with similar metrics for Bitcoin.


Picks of the Week

The Adamant Report on Bitcoin. Lots of data to draw on. The comparison of different protocol resource models by EOS Weekly.


Twitter

A little recap of Bitfinex and the case against it:https://twitter.com/krugermacro/status/1121620631999537155
Tether’s math is now (even more) problematic:https://twitter.com/krugermacro/status/1121819343359217664
Can’t say I disagree:https://twitter.com/BTC_Macro/status/1120900554161446912
Hal Finney, 2010:https://twitter.com/SaifuddinJalil/status/1120690007230963712
Counter-punching Binance:https://twitter.com/JamesSpediacci/status/1118982366624485376
BNB’s Tokens (BEP2) may face some regulatory hurdles (recommended):https://twitter.com/Deanpress/status/1119185340026294272
A lot to like in recent price movements:https://twitter.com/CryptoMichaelT/status/1119816082536034305
Have 5 hrs to invest in a BTC price debate?:https://twitter.com/woonomic/status/1119681466814881795
Some trading/philosophical insights from some-one who seems to have earned them (recommended):
https://twitter.com/jposhaughnessy/status/1120395691610857472


Articles


Global Comparative Report on Crypto Regulations by The Cambridge Centre for Alternative Finance (123 pages so roll up your selves – covers 23 separate jurisdictions (highly recommended):https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/cryptoasset-regulation/#.XL2toOgzaUm
Corporations and crypto are about to fight it out:https://medium.com/crypto-oracle/the-coming-epic-battle-between-crypto-famga-aka-facebook-apple-microsoft-google-amazon-1a05489c3abb
Adamant report on Bitcoin – lots of data points to reflect on here (requires input of email to access Pdf.)
https://docsend.com/view/jwr8qwx

Important crypto concept to be clear on:
https://blockgeeks.com/guides/what-is-tokenomics/
Blockchain as an evolution of open source code:https://hackernoon.com/blockchain-as-the-next-evolutionary-step-of-the-open-source-movement-12ea8d876578
Modern Monetary Theory (MMT) – economic pie in the sky in my opinion:https://www.bloomberg.com/news/features/2019-03-21/modern-monetary-theory-beginner-s-guide?cmpid=socialflow-linkedin-business+&utm_content=business&utm_medium=social&utm_source=linkedin&utm_campaign=socialflow-organic
Extreme monetary policies (repeated cycles of massive fiat printing) may lead to extreme outcomes:https://www.zerohedge.com/news/2019-04-20/its-2016-all-over-again-or-it
‘Quantum dots’ – Who knew? (non-crypto):https://www.futurity.org/quantum-dots-measurement-semiconductors-2033232/
Daniel Kahneman’s thoughts as always worth hearing (non-crypto):https://www.collaborativefund.com/blog/a-chat-with-daniel-Kahneman/


 Podcast


For a contrarian view of the Lightning Network / skip to 30-minute mark for LN content): (Highly recommended):

https://podcasts.apple.com/au/podcast/peter-rizuns-lightning-critique-fud-or-fair/id1317356120?i=1000435475576


YouTube


Continuing the contrarian theme of this weeks posts – Binance as a negative force in the industry:


Trading bots…..stop chasing fool’s gold (no really stop it):


The different resource models of major projects compared – leasing and Chintai 2.0 also examined (highly  recommended)


Infographics


Mixed metrics for BTC then (Oct. 2017) and now (April 2019):

Ether showing much more even development across all metrics (a surprise to me):


Website / Utility


Visual tracking of each BTC block as it happens:

https://mempool.space/


Something of a bumper issue this week – I left a lot on the cutting floor.  Hope you found some material of interest. As always, looking forward to reading your comments. See you down the hole sooner than you think.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

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