Why Low Fee Or Free Blockchain Transactions Is A Lie
As a bitcoiner, you have to deal with all sorts of FUD and malicious marketing by unregistered securities pretending to be currencies. Users and holders of these securities will look for any excuse to sell you on their solution. If there’s one critique that these proponents continue to hold onto, then it’s the fact that […]
Shitcoins Play Into Activity Bias
The fiat system’s decline manifests in all sorts of strange behaviours which seem perfectly rational under the circumstances. The need to keep pace with inflation, either to remain in the same place or gradually ahead of it, drives people to extremes. The modern worker either has to roll the dice at the investment casinos known […]
What Are Honeypot Shitcoins?
As the value of bitcoin continues to rise, new investors may feel they’ve missed the bus; unit bias encourages them to look for something “cheaper”, which leads them down the path of alternative coins. Since buying one bitcoin seems out of the range of the average person, the idea of buying 1000, 10 000 or […]
What Is A Bitcoin Affinity Scam?
In the bitcoin and crypto space, there are scams galore; you honestly don’t have to venture deep into it. All it takes is listening to the wrong YouTuber, following the wrong Twitter account or reading a PR puff piece masquerading as journalism, and you’ll find someone trying to sell you on a get rich quick […]
Utility Tokens Are Futility Tokens
Bitcoin’s revolutionary technology and promise of decentralising the base layer of all trade money has sparked a global race of tokenisation. To onlookers from the outside who have not done the work, bitcoin and cryptocurrencies are the same things. I can’t fault someone who hasn’t spent hours going through how bitcoin works and comparing it […]
Why Art NFT’s Have No Real Value
As one of the class of 2015/16, my first big scam cycle was the ICO era, ICO everything, let’s raise capital to decentralise Uber for toddlers, sounds good give me your token and take my BTC. Yes, many of us were that stupid; we didn’t think further than the fact that we could get more […]
Cryptocurrencies Are Digital Fiat Replicas
Like many of you, I found bitcoin but was not ready for it yet. I didn’t fully understand the fundamentals, such as the trade-offs for true decentralisation, its tether to real-world expenditure via electricity consumption, and its monetary policy based on fixed supply. It was all too foreign a concept, and I was here for […]
Web 3 & The Metaverse Is A Repackaged Narrative
I was lucky or unlucky enough (depending on where you stand on the whole bitcoin thing) to fall down the rabbit hole and purchase my first bitcoin in 2015. It wasn’t much, of course, playing around with this new thing that goes up and down. It captures your imagination, and you want to know what’s […]
Beware The Shitcoin Snake Oil Salesman
Over the last year, I’ve been observing the behaviour of certain accounts in the crypto world and I shake my head a lot at the total non-sensical drivel they come out with. The kind of people who are a little like moonboys except they are on a totally different grade of crack. You know the […]
What Meme Coins Can Tell Us About Cryptocurrency
We have to accept we now live in an overly financialised world, where trading tickers provides you with more purchasing power than producing actual goods and services. It’s not a situation I agree with hence my focus on Bitcoin, but it’s a reality we all have to live with, and we need to leverage it, […]