Attack Of The 50 Foot Blockchain
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Attack Of The 50 Foot Blockchain
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Author : David Gerard
language : en
Publisher: David Gerard
Release Date : 2017-07-24
Attack Of The 50 Foot Blockchain written by David Gerard and has been published by David Gerard this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Business & Economics categories.
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is. “A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books “A very convincing takedown of the whole phenomenon” — BBC News
Attack Of The 50 Foot Blockchain
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Author : David Gerard
language : en
Publisher: David Gerard
Release Date : 2017-07-24
Attack Of The 50 Foot Blockchain written by David Gerard and has been published by David Gerard this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Business & Economics categories.
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is. “A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books “A very convincing takedown of the whole phenomenon” — BBC News
Attack Of The 50 Foot Blockchain
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Author : David Gerard (Writer on bitcoin)
language : en
Publisher:
Release Date : 2017
Attack Of The 50 Foot Blockchain written by David Gerard (Writer on bitcoin) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Bitcoin categories.
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole.Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value.The biggest crowdfunding in history attracts $150 million on the promise that it will embody "the steadfast iron will of unstoppable code"; upon release it is immediately hacked, and $50 million is stolen.How did we get here?David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry.Bitcoin and blockchains are not a technology story, but a psychology story.Remember: if it sounds too good to be true, it almost certainly is.
Attack Of The 50 Foot Blockchain Bitcoin Blockchain Ethereum Smart Contracts
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Author : David Gerard
language : en
Publisher:
Release Date : 2017
Attack Of The 50 Foot Blockchain Bitcoin Blockchain Ethereum Smart Contracts written by David Gerard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
"A sober riposte to all the upbeat forecasts about cryptocurrency" -- "A very convincing takedown of the whole phenomenon" -- A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody "the steadfast iron will of unstoppable code"; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is.
Libra Shrugged
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Author : David Gerard
language : en
Publisher: David Gerard
Release Date : 2020-11-02
Libra Shrugged written by David Gerard and has been published by David Gerard this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-02 with Computers categories.
Silicon Valley tries to disrupt the world — and the world says “no.” Facebook: the biggest social network in history. A stupendous, world-shaping success. But governments were giving Facebook trouble over personal data abuses, election rigging and fake news. Mark Zuckerberg wondered: what if Facebook could pivot to finance? Or, better: what if Facebook started its own private world currency? Facebook could have so much power that governments couldn’t stop them. It would be the Silicon Valley dream. Facebook launched Libra in June 2019. Libra would be an international currency and payment system. It would flow instantly around the world by phone. It could even “bank the unbanked.” Libra could apparently do all this just by using a “blockchain.” But Libra would also make Facebook too big to control— and to lead the way for Facebook’s Silicon Valley fellows to swing the power of their money as they pleased. Facebook and their friends could work around any single country’s rules. Libra could shake whole economies. And Facebook would become the “digital identity” provider to the world. If you wanted to use money at all, you’d have to go through Facebook. Governments looked at Libra — and they saw another 2008 financial crisis in the making. Facebook’s plan would have made the company even more entrenched — at the cost of broken economies worldwide. Starting with toppling the US dollar. Libra was as incompetent as it was arrogant — and the world stopped it in its tracks. But how did Facebook put forward such a bizarre and ill-considered plan, that left every regulator who saw it reeling in horror? And what happens when another company tries the same trick? Or when Facebook won’t take “no” for an answer, and releases the cut-down version that they’re already calling “Libra 2.0”? “Libra Shrugged” is the story of a bad idea. Also covered: * Bitcoin and cryptocurrency: the source of all the bad ideas in Libra. * Central Bank Digital Currencies: digital versions of official legal tender, suddenly fashionable again because of Libra. * Facebook’s early forays into payments, with Facebook Credits and Messenger Payments. Table of Contents Introduction: Taking over the money 7 Chapter 1: A user’s guide to Libra 9 Chapter 2: The genesis of Libra: Beller’s blockchain 15 Chapter 3: To launch a Libra: Let’s start a crypto 19 Chapter 4: Bitcoin: why Libra is like this 25 Chapter 5: The Libra White Papers 33 Chapter 6: Banking the unbanked 43 Chapter 7: The Libra Reserve plan and economic stability 49 Chapter 8: Libra, privacy and your digital identity 61 Chapter 9: The regulators recoil in horror 67 Chapter 10: David Marcus before the US House and Senate 77 Chapter 11: July to September 2019: Libra runs the gauntlet 95 Chapter 12: October 2019: Libra’s bad month 101 Chapter 13: Mark Zuckerberg before the US House 111 Chapter 14: November 2019: The comedown 123 Chapter 15: Central bank digital currencies 129 Epilogue: Libra 2.0: not dead yet 141 Appendix: 2010–2013: The rise and fall of Facebook Credits 149 Acknowledgements 155 About the author 157 Index 161 Notes 167
Summary Of David Gerard S Attack Of The 50 Foot Blockchain
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Author : Everest Media,
language : en
Publisher: Everest Media LLC
Release Date : 2022-04-16T22:59:00Z
Summary Of David Gerard S Attack Of The 50 Foot Blockchain written by Everest Media, and has been published by Everest Media LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-16T22:59:00Z with Business & Economics categories.
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The developed world has mostly come to use banks to transfer money between accounts, using digital money. However, this isn’t a complete solution since a shop’s card reader could be down, your payment gateway might charge fees, and you may want to send money to someone not on the same banking network. #2 Bitcoins are a bit like money in a bank account with a debit card, except there is no safety net and no way to reverse a transaction. You can earn, spend, save, and invest them, but they aren’t actually yours. #3 Bitcoin is secured by math. The blockchain is a digital ledger that is tamper-evident. It contains every confirmed transaction since January 2009. #4 Bitcoin is a digital currency that requires competitive Proof of Work to write to the ledger. The competition gets viciously Darwinian very quickly, and the electricity is literally wasted for the sake of decentralisation.
The Politics Of Bitcoin
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Author : David Golumbia
language : en
Publisher: U of Minnesota Press
Release Date : 2016-09-26
The Politics Of Bitcoin written by David Golumbia and has been published by U of Minnesota Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-26 with Computers categories.
Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.
Blockchain Regulation And Governance In Europe
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Author : Michèle Finck
language : en
Publisher: Cambridge University Press
Release Date : 2018-12-20
Blockchain Regulation And Governance In Europe written by Michèle Finck and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-20 with Business & Economics categories.
Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance.
The Future Of Finance
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Author : Henri Arslanian
language : en
Publisher: Springer
Release Date : 2019-07-15
The Future Of Finance written by Henri Arslanian and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-15 with Business & Economics categories.
This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.
Decentralized Computing Using Blockchain Technologies And Smart Contracts Emerging Research And Opportunities
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Author : Asharaf, S.
language : en
Publisher: IGI Global
Release Date : 2017-01-31
Decentralized Computing Using Blockchain Technologies And Smart Contracts Emerging Research And Opportunities written by Asharaf, S. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-31 with Computers categories.
Recent innovations have created significant developments in data storage and management. These new technologies now allow for greater security in databases and other applications. Decentralized Computing Using Blockchain Technologies and Smart Contracts: Emerging Research and Opportunities is a concise and informative source of academic research on the latest developments in block chain innovation and their application in contractual agreements. Highlighting pivotal discussions on topics such as cryptography, programming techniques, and decentralized computing, this book is an ideal publication for researchers, academics, professionals, students, and practitioners seeking content on utilizing block chains with smart contracts.