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Bitcoin and cryptocurrency round-up 2 July 2018

Posted: 2 July 2018 7:37 pm
News

What's happening in cryptocurrency?

Another Satoshi Nakamoto, the new EOS constitution, DIY smart contracts, $50k bitcoin prediction and Ripple woes.



1. The real Satoshi Nakamoto revealed to be a rambling semi-coherent PR stunt

Pack it in. Bitcoin was just a PR stunt for a set of tell-all memoirs that only tell what's already public domain.

Either that, or this person's lying.

2. New EOS constitution revealed to be a rambling semi-coherent PR stunt

That's why you don't send humans to do a robot's job.

3. "You have reached dial-a-derivative"

"Press 1 for a complete list of blockchain asset derivatives available, press 2 to make your own or press 3 to speak to one of our friendly customer service engineers."

Tokenise the world, put the world on a blockchain then create a system for easily creating derivatives of those assets.

4. A man walks into a bar

"What'll it be, well-known bitcoin bull?" the bartender asks.

"$50,000 bitcoin by 2018, mark my words," the man replies. "All the institutional money wants it."

"So the usual then," the bartender says. He glances at institutional money, who's quickly sidling to the exit.

5. Ripple searching for someone who loves it for more than its body

Ripple is searching for a heart, but keeps finding shallow sleazes who just want to pump and dump it.

Undeterred, it's spending millions in search of those who will treat it right.


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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