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Bitcoin itself, as an ideology fundamentally at odds with reality based on a technology that reached its limits in 2015, will keep lurching from crisis to crisis.
No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins.So this review comes with a double recommendation; as well as the book, Gerard also runs an excellent blog version of Attack of the 50 Foot Blockchain, in which he chronicles both the wacky world of cryptocurrencies and the ongoing efforts of the business community to make blockchain happen (it’s never going to happen).
These were touted as an alternative mechanism to equity fundraising, with fewer barriers to participation and no real regulation. g. the ability of people with money to avoid Government regulation and to put their interests beyond the reach of ordinary voters).He's also on the board of the foundation behind RationalWiki (which apparently has a foundation with a board behind it, who knew), so I bet he's a lot of fun at parties. By then, its failure was obvious, but for the people on board this knowledge came too late to save them.
Hands down the worst piece of garbage I’ve had the utter displeasure of wasting my valuable time with. The book does a great job of describing how bitcoins are incapable of doing the work they’re supposed to do (e. The meat of the book actually stops at the 54% mark, according to my e-reader; the rest of it is indexes and footnotes!
This site uses cookies to deliver our services, improve performance, for analytics, and (if not signed in) for advertising. It is, however, important to distinguish between the intrinsic values of the actual cryptocurrencies vs the underlying blockchain technologies, though the author thinks they are redundant as well. A sober riposte to all the upbeat forecasts about cryptocurrency" - New York Review of Books "A very convincing takedown of the whole phenomenon" - BBC News An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage.
To others, a convenient way to send international payments to drug suppliers without pesky questions from your bank. Also, dismissing something new entirely due to failures when in it's infant stages is not a mindset I share. By using LibraryThing you acknowledge that you have read and understand our Terms of Service and Privacy Policy.To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Computer programmers who don’t have an aptitude for social or legal conventions, but do have an aptitude for programming, so they’d like social and legal conventions to work a bit more like that. Check out the book's page on Gerard's site for more info and easy links to purchase it in the format of your choice.
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