Meraglim Blog
Even a $31 Million Cyber-Theft Can’t Stop The Bitcoin Bubble
As the article above shows, the crypto-currency world is full of hacks, frauds, bugs, and simple negligence that have caused billions of dollars of crypto-currencies to just disappear into cyber-space never to be seen again. This phenomena reminds me of the selective memory of most gamblers and stock investors. They’re always ready to tell you
Crypto-Currency “Smart Contracts” Are Sending Billions Up in Smoke
As noted above, bitcoin is not the only form of digital crypto-currency. There are many others. One of the most popular is called ether (the name gives it away), based on the Ethereum platform. Ethereum is intended as much more than a crypto-currency protocol. It allows a user to program a so-called “smart contract” that
Even The Preppers Are Dumping Gold For Bitcoin
Most observers have an image of preppers as living in a remote area with water, freeze-dried food (enough to last for several years), guns, ammo, gold, silver and some artisanal skills. They also have an image of bitcoin boosters as young, tech-savvy and fully-invested in a future that is onward, upward and more digital by
It’s Not Guesswork. Here’s Some Scientific Evidence That Bitcoin is a Fraud
The debate about whether bitcoin is a bubble, a fraud, or the greatest financial innovation since the ATM too often degenerates into shouting and name-calling. The bitcoin detractors say bitcoin buyers are relying on the “greater fool” theory of investing. That’s when you pay a high price for something of little value in the hope
Even Blockchain CEOs Believe Blockchain “Coin” Offerings Are Frauds
With so much talk about bitcoin, observers can be forgiven for not knowing that the blockchain is a lot bigger than just bitcoin. In fact, bitcoin is just one of hundreds of “coins” and “tokens” issued and traded on blockchain platforms. Even blockchain itself is not homogenous. There are basic blockchain applications such as bitcoin,
Ancient data, modern math and the hunt for 11 lost cities of the Bronze Age
Ancient data, modern math and the hunt for 11 lost cities of the Bronze Age This article does not mention Bayes by name, but that’s exactly the kind of math being used here. A prior hypothesis is continually updated and improved as new data (in the form of clay tablets) is added to the algorithm.