links, etc Hodlers: an apology FT has been right from the word go on crypto. holding fast. right on. Private equity to lobby Trump for access to savers’ retirement funds the grift and the pillaging will know no bounds. (archive.is)
links, etc Not just one bad apple: FTX’s practices were business as usual in crypto as we roll into 2025, i guess we should steel ourselves for more of this insanity as they look to infect the balance of the markets.
links, etc The FBI secretly created an Ethereum token to investigate crypto fraud - The Verge chef’s kiss… 200 Years Later, Still Trying to Define the Midwest - The New York Times oh, fuck off nyt.
links, etc The changing role of the US dollar this was an interesting read. kind of hand-wavy, but some interesting trends to note. of particular interest here is the absence of any discussion (or even a passing reference) to crypto. what is interesting is the creation of direct digital currency exchanges coming out of china, et al. these all service to obviate the need for a vehicle currency (aka, the US dollar)....
number go up (zeke faux) there’s not a lot to say about this book. i blasted through it on a trip to iceland. if you had any interest in the crypto grift scene that was ablaze you’ll recall most of the drama from this time. faux provides some amusing anecdotes from his experiences reporting on this multi-year shitshow and rolling grift party. if anything, this is an amusing, if at times irritating, look at the desire to make tons of money in america and the desperation that drives some really irrational behaviors....