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Blockchain

The truth about bitcoin

It’s been an interesting few weeks, watching bitcoin’s rollercoaster ride as it rises to valuations over $4,000 and then dives to almost $2,000 before rising again to near $6,000. This is for an asset that just a year ago you could have purchased for a few hundred dollars. The rise …

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A banker’s view of bitcoin

I just got this commentary from a banker and thought it worth sharing … Bitcoin – Desperately seeking Satoshi Nakamoto By John Wyn-Evans, Head of Investment Strategy at Investec Wealth & Investment All the ingredients for life on earth were available in the primordial soup, but it took some unknown …

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Even British Airways gets blockchain now

When I fly with British Airways, which I try to avoid these days thanks to the fatuous actions of their lame duck CEO, then I’ll always check out the latest edition of Business Life. It’s their upmarket magazine for business fliers, and usually hits the right note. So imagine my …

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China’s ban on cryptocurrencies is not news

There’s so much rubbish being written about cryptocurrencies, ICOs, blockchain and shared ledgers at the moment that I’m almost tempted to give up on it all. 1 in 10 ICOs is a scam, blockchain is not the same thing as a shared ledger, and no, I can’t tell you if …

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The History of Bitcoin

Gemuel Franco over at Fried.com shared a great infographic on bitcoin with me, so I thought I should share it with you. Checkout the history below and note that the original exchange rate of 1,309.03 bitcoins to a dollar would now equate to circa $5.5 million. Not a bad investment.

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Forking hell … the bitcoin split

There are a few exchanges I use for trading cryptocurrencies such as Kraken and Coinbase, so I was interested to receive this email from Coinbase last Friday: Dear Coinbase Customer, We are contacting you to make you aware of recent developments in a number of proposals for technical changes to …

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The crazy world of crypto currencies and ICOs

I’m boarding a flight yesterday and murfing (mobile surfing).  Flicking between Facebook apps, twitter, bank account, BBC news and more.  Suddenly I spot a new ICO – Initial Coin Offering – for a new bank.  From Wikipedia: “An initial coin offering (ICO) is a means of crowdfunding the release of a new cryptocurrency. Generally, tokens …

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