Cryptocurrencies

The Sunday Recap – Down the Rabbit Hole 34


BTC has decided to pump and so far seems inclined to continue to do so – no doubt re-igniting interest around the globe.

In other news a little known company – Facebook officially announced their small project ‘Libra.’ OK OK – a more honest by-line would be something along these lines – Global corporate titan announces phase two of worldwide financial and social domination with the support of like-minded corporate backers!

Personally, I see this as a win-win for Bitcoin. Libra’s success will greatly expand BTC’s profile as many hundreds of millions of folks suddenly find themselves contemplating this ‘crypto thing’. Were Libra to fail – the superiority of a truly permissionless decentralized system would be highlighted.

As for the Alts – beware many of them may find themselves entirely irrelevant if Libra does indeed launch. In any case, it looks likely that Libra may end up doing much of the heavy lifting in terms of bringing a degree of regulatory clarity to the cryptosphere.


Picks of the Week

The short video recounting the primary factors leading to the 2008 financial collapse is time spent. Also, Julian Hosp’s breakdown of the Libra whitepaper is very informative and a great starting point to assessing the project.


Twitter

Who is buying BTC these days?:
https://twitter.com/krugermacro/status/1140327610830008321

Ethereum full nodes and full history explained:
https://twitter.com/Mudit__Gupta/status/1140583409879642117

Is Facebook’s pending coin crypto?:
https://twitter.com/CarpeNoctom/status/1139621553803595776

A little more discussion of FB’s new coin and its implications for BTC:
https://twitter.com/CremeDeLaCrypto/status/1138464791113027584

Some-one with a little love for Libra – makes some good points:
https://twitter.com/jerrybrito/status/1140909167814807552

And again a measured take on Libra:
https://twitter.com/ErikVoorhees/status/1141062947055079426

A long thread discussing EOS voting and incentives (recommended for EOS or DPoS folks):
https://www.eoswriter.io/4276_did-dan-larimer-just-solve-vote-buying-on-eos


Articles

Activating your inner bull – read and go:
https://cryptobriefing.com/bitcoin-bull-market/

Jack Dorsey on BTC as ‘the money of the internet’:
https://www.ccn.com/news/jack-dorseybitcoin/2019/06/14/

Relative complacency around BTC price movements may actually be positive:
https://medium.com/altcoin-magazine/why-this-8-000-bitcoin-is-different-than-all-the-other-8-000-bitcoins-a9f5247f4124

To buy or not to buy?
https://decentralize.today/cryptocurrency/the-best-answer

For those of you hungry for information on Security Tokens – a very deep dive:
https://hackernoon.com/the-security-token-anthology-may-2019-edition-e89c61afacb

A glossary to the world of modern tech (recommended):
https://www.sas.com/content/dam/SAS/en_us/doc/whitepaper1/non-geek-a-to-z-guide-to-internet-of-things-108846.pdf

Examining machine learning without the hype:
https://www.forbes.com/sites/forbestechcouncil/2019/06/14/its-time-to-demystify-machine-learning/#3aed24bc7833

Getting straight before you assess the news of the day:
https://thereformedbroker.com/2019/06/04/why-i-dont-wake-up-to-the-news/


Podcast

Arguing the case for Brexit and crypto (recommended – if only for a rounded perspective):
https://open.spotify.com/episode/1nPHDiatfmm9O6kMmIMKSH


YouTube

The 2008 Financial Crisis simply explained and why BTC may offer a better way (recommended):


A comprehensive and overall positive breakdown of Libra – worth checking out for a grounded idea of the project (Highly recommended):


Will Globalcoin even be crypto?:



Rounding out Libra coverage:


Infographics

Holding BTC has had an upside:

https://twitter.com/kerooke/status/1140732810455592960

Hmm I think I’ve heard of some of these…


https://techcrunch.com/2019/06/18/facebook-libra/

A big week and crypto season I likely only getting started. Until next time. As always, I look forward to your comments and suggestions


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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