2/ Firstly, damn XRP. Ripple went crazy this week, doubling its market cap Thursday-Friday and bringing back echoes of 2017. @crypto_macro pointed to a couple of the better attempts at explanation. https://t.co/1MUm1rdoME
— Nathaniel Whittemore (@nlw) September 23, 2018
4/ BitMEX is also one of the major topics of what many have called one of the best podcasts of the year with @Travis_Kling & @APompliano. They discuss how retail $ gets killed by quants; the decoupling of US & Asian ICO markets & how wash trading. Getit: https://t.co/8uk76cefkO
— Nathaniel Whittemore (@nlw) September 23, 2018
6/ Now, if you’re wondering why a state-level attorney general is getting involved, and what the context for the report is, @katherineykwu and @MessariCrypto have you covered. They shared this grimoire of essential info via their new newsletter https://t.co/JIODSPwEnL
— Nathaniel Whittemore (@nlw) September 23, 2018
8/ To some extent, the end game of this scrutiny would be best as self-regulation and arming crypto buyers with the info they need to vote with their feet. In this, the best piece this year is @nic__carter’s “Dark Underbelly Of Cryptocurrency Markets” https://t.co/MJdZhheGYl
— Nathaniel Whittemore (@nlw) September 23, 2018
10/ On the flip side, there was also some positive regulatory movement, in the form of a set of proposed bills in Congress that would create “safe harbors” for 1) non-custodial use, and 2) tax improvements for people who benefit from hard forks. https://t.co/Lx9C51eW4l
— Nathaniel Whittemore (@nlw) September 23, 2018
12/ Another big piece of Bitcoin news was the disclosure of a vulnerability that could have allowed a hostile entity to shut down part of the network or event create new BTC beyond the 21m hard-cap. The Bitcoin Core developers CVE report on the bug: https://t.co/67uuAY6ZOW
— Nathaniel Whittemore (@nlw) September 23, 2018
14/ One more good thread related to the bug – this time about how the marketing of Bitcoin as sound money might actually make it more likely to be subject to attack. H/t to @saifedean for this thread: https://t.co/DTeaSW6acA
— Nathaniel Whittemore (@nlw) September 23, 2018
16/ One big announcement from #bh2018 is the creation of @TheB_Foundation to support Bitcoin development & education. There has been some mixed reaction (particularly around the word “marketing”) but there are enough heavies involved that it’s one to watch https://t.co/ZOtMxLowvN
— Nathaniel Whittemore (@nlw) September 23, 2018
18/ These sort of resource coordination DAOs bring new dimensions to the idea of “community” in cryptoasset networks. @SpencerNoon has been riffing on this topic quite a bit lately, including this thoughtful thread https://t.co/g2nHRe9s3i
— Nathaniel Whittemore (@nlw) September 23, 2018
20/ As investment into crypto matures, the space is developing a better sense of its own dimensions. @VisionHill_ just released a report on benchmarking in crypto that breaks down many of the categories of investing. https://t.co/uSXexlCnNC
— Nathaniel Whittemore (@nlw) September 23, 2018
22/ One example of this is ERC-1404, a new open standard for security tokens. The goal of the standard is to allow the simplicity and interoperability of an ERC-20 token w an added ability to enforce transfer restriction, enabling new types of compliance https://t.co/iuH7duMR4J
— Nathaniel Whittemore (@nlw) September 23, 2018
24/ A line of logic in many crypto M&A conversations is that they won’t work because the community could simply fork away. But what are the real costs? @cburniske sums up recent research from @alexhevans: “value can’t be forked as easily as people think” https://t.co/ubQmUTO9fK
— Nathaniel Whittemore (@nlw) September 23, 2018
26/ First, God bless @kylesamani @TusharJain_ & MultiCap for keeping the conversation lively. Before XRP went haywire, they got the whole space debating whether the Gemini Dollar was actually the best market fit today for a liquid global store of value https://t.co/9J0RLyUzDO
— Nathaniel Whittemore (@nlw) September 23, 2018
28/ Just as I was finishing, @jbrukh went Electric Kool-Aid Acid Test with thoughts on “stateless smart-nations.” All joking aside, I’d be surprised if virtual “nations" didn’t end up competing with physical national affiliation in our life times. https://t.co/WBaukpaXvF
— Nathaniel Whittemore (@nlw) September 23, 2018
30/ And lastly, an LRS announcement. I’ve seen such amazing engagement around the ideas here that it’s time to take it to the next level with Long Reads Live – hosted video guest conversation around the big events & ideas in crypto each week. Coming soon. https://t.co/xA0hDUc7qC
— Nathaniel Whittemore (@nlw) September 23, 2018
Appendix: Some great summary threads to dive deeper. First, @TheBlock__ has been annotating & summarizing Medium pieces, which is a good number of notches more valuable to me than curation alone: https://t.co/NgYmkgk7nG
— Nathaniel Whittemore (@nlw) September 23, 2018
Appendix: @WhatBitcoinDid is doing the Lord's work listening to all the podcasts in the land to let us know which are worth the time. Check out the reccos here: https://t.co/8GpE7C4SAJ
— Nathaniel Whittemore (@nlw) September 23, 2018
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