For the first time in my life I received a call from scammers posing as Canada Revenue Agency (CRA). The call originated from a newly released area code — an immediate sign of a fake. In case they contacted you too, the number is 289-855-2982. The caller’s voice was a text-to-speech engine — another sign of a fake. The impostors were trying to hide the… Read more
To paraphrase a Louis CK comedy bit, let’s assume you were a billionaire. You decide to buy all the pants in the world, and then just burn them. Does this have a positive impact on the economy?
Let’s assume you spent $1 billion to buy all the pants. This represents $1 billion of savings, or stated differently, $1 billion in goods and services produc… Read more
BitCoin and cryptocurrency forums have been reacting emotionally to arguments illustrating the flawed technical fundamentals of cryptocurrencies.
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Just google bitcoin+ponzi, bitcoin+intrinsic value, bitcoin+myspace, etc. All arguments have been made. Honeybadger doesn’t care. It moves onwards & upwards.
Anyone who’s longer
Is it a bug?
Not likely. But the social media tech giants won’t admit to anything to keep their range of excuses open.
Software developers and engineers are aware how absurd a bug would have to be for subscriptions on YouTube or followers on Twitter to suddenly be “lost”. It isn’t the type of data that is volatile. It is data that is sta… Read more
I believe nearly all asset classes are in over-leveraged, debt-fueled bubbles. I believe BitCoin and cryptocurrencies are no exception.
When my folks talk about moving money to BitCoin without much understanding of the technology and its goals such as decentralization and scarcity, I think a market peak has been reached.
The whole “keeping up … Read more