2/ One LRS note. Last week I announced that we’re taking this conversation off Twitter and into the realm of live. Well, it’s happening this MONDAY ~7pm EST. My first guest co-host will be @Travis_Kling and I couldn’t be more excited. More guests TBA soon. https://t.co/xA0hDUc7qC
— Nathaniel Whittemore (@nlw) September 30, 2018
4/ With regard to regulation, Bitmain noted the challenge in keeping track of changing US regulatory opinion. Interestingly, for some investors – notably @arrington – this lack of clarity actually means an opting out of US investments entirely https://t.co/zkeyOhny9j
— Nathaniel Whittemore (@nlw) September 30, 2018
6/ @Crypto_Macro flagged that the 1Broker shut-down was a joint enforcement action with the CFTC and that the CFTC side of the complained could potentially implicate other popular crypto exchanges. https://t.co/I6cKw6mzAe
— Nathaniel Whittemore (@nlw) September 30, 2018
8/ Speaking of the CFTC, @jchervinsky flagged another case in which their assertion that cryptos are commodities was held up in court. The lack of clarity around which bodies have jurisdiction is one of the challenges slowing regulatory processes. https://t.co/vdZv0yeMCY
— Nathaniel Whittemore (@nlw) September 30, 2018
10/ Still, the potential for market manipulation is real. @AriDavidPaul points out a set of reasons why manipulation is comparatively more likely in a market like crypto – but also argues that it comes with the territory of any nascent market https://t.co/eLDseMrJKD
— Nathaniel Whittemore (@nlw) September 30, 2018
12/ When I say “explosive,” maybe “completely and utterly predictable” is a better way to describe parties w deep financial incentive coordinating for their own benefit. @VitalikButerin pointed out that this can be a structural problem of coinholder voting https://t.co/q9PEees8Xl
— Nathaniel Whittemore (@nlw) September 30, 2018
14/ In one of the best essays of the week, @eiaine argues that “confidence in a network’s decentralization is critical to a cryptocurrency’s value,” and that in fact, that confidence comes not from trust but paranoia. https://t.co/1HWr9JE5fk
— Nathaniel Whittemore (@nlw) September 30, 2018
16/ To me, this reflects a reality we’re still coming to acknowledge: decision-making processes in decentralized systems are political acts, and protocols are likely to see the same campaigning, alliance-building and other tactics from politics ported over https://t.co/Q8rblYiazm
— Nathaniel Whittemore (@nlw) September 30, 2018
18/ Of course, without leaders, how are important decisions made? A fascinating conversation where some project leaders doing their current thinking out in public is Proof of Work protocols considering Proof of Stake design. https://t.co/L1QLz1tFRe
— Nathaniel Whittemore (@nlw) September 30, 2018
20/ Honestly, there was so much this week that I can’t even close to capture it all. I want to highlight a few more great long reads, but so you don’t miss the actual news, @APompliano has you covered with a single tweet. https://t.co/DSzElXQ4FG
— Nathaniel Whittemore (@nlw) September 30, 2018
22/ Next, after years of trying to align the traditional finance and business world with crypto, @anguschampion wonders if private blockchains are simply too much of a contradiction to be overcome. Money line: “You can never be half decentralized” https://t.co/gDnRJWO8S4
— Nathaniel Whittemore (@nlw) September 30, 2018
24/ Speaking of the tech giants and their outsized influence on what we see and how we experience the world around us, @TokenHash argues that in the future, a threat to worry about is who controls what sidechains exist and who can build new projects https://t.co/oz7BOvF19r
— Nathaniel Whittemore (@nlw) September 30, 2018
26/ Blockchains are chiseling away the distinction between capital and labor, but this thoughtful thread by @cburniske demonstrates why the capital-but-not-work contributions of investors to ICOs has made cryptonetworks economically stagnant https://t.co/5Mi8JwlfzK
— Nathaniel Whittemore (@nlw) September 30, 2018
28/ Speaking of #bh2018, one of the highlight talks came, again, from @nic__carter. He published the slides last week, but @woonomic did this great summary making the highlights available without even leaving Twitter. https://t.co/cyEQTkrHmG
— Nathaniel Whittemore (@nlw) September 30, 2018
30/ With that, we’re wrapped! As always, please use the comments to share what I missed, and what else had your brain humming this week. To get LRS via email, sign up below. Thanks for reading and catch you tomorrow for the first even Long Reads Live. https://t.co/6WHJY4r6yE
— Nathaniel Whittemore (@nlw) September 30, 2018
APPENDIX 1/ One more that I really meant to get in here. One thing to inspire some usage bull excitement is the surging of Pixel Master – an EOS mashup of FOMO3D style rev sharing mechanics and a collaborative digital canvas. https://t.co/PRnP1IZoGs
— Nathaniel Whittemore (@nlw) September 30, 2018
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