Cryptocurrency

Digital Currencies Don’t Need Government Backing

Michael Petraeus, better known as Critical Spectator, wrote an article for Vulcan Post arguing that digital currencies can only work with government backing. By ‘digital currencies’ he singles out Bitcoin for criticism. This in itself is the fatal flaw underlying his thesis. To understand where Petraeus is coming from, he is one of Singapore’s highest […]

Ethereum Cofounder Vitalik Buterin Supports Legalization of Possessing Child Porn

Today Vitalik Buterin, cofounder of Ethereum, tweeted in support the legalisation of the possession of child pornography. His tweets, now deleted, are reproduced below.     (Original sources for the first and second pictures.) These statements are outrageous. By legalising the possession of child pornography, it will cause demand for child porn to spike. Producers […]

An Amateur’s Notes on Cryptocurrency

Like most people I know I heard of Bitcoin only when it was too late to profit spectacularly from it. Even so, cryptocurrency rarely popped up in my local newspapers, except in highly technical articles buried in the business or finance pages, or whenever someone made a killing off crypto — or when crypto is […]

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