"Sergei Mavrodi, creator of one of the largest Ponzi schemes in history, died last month at age 62, potentially leaving millions of “investors” in countries around the world in the lurch. Beginning around the fall of the Soviet Union in the early 1990s, Moscow-born Mavrodi’s exploits expanded and evolved over the course of nearly 30 years, putting him in the same league as Bernie Madoff, who operated arguably the biggest such fraud ever, and Charles Ponzi himself, the Italian con artist whose name is now synonymous with this type of financial deception."
Links to the best articles, videos and podcasts about Bitcoin.
The lengthy and thorough analysis of bitcoin and its future prospects.
The A16z's analysis of regulation in crypto space.
"Companies have popped up to help cops identify suspects who use Bitcoin, and savvy criminals are moving to other currencies."
"While many of the innovations in the space are new, they're built on decades of work that led to this point. By tracing this history, we can understand the motivations behind the movement that spawned bitcoin and share its vision for the future."
The deep analysis of Bitcoin’s batching.
“Hyperbitcoinization is a state where Bitcoin becomes the world’s dominant form of money. Bitcoin is socially wired and can be adopted exponentially. As it gains traction it will seem to be an organic, self-organizing process.”
"In this essay, I’ll explore the network effects of Bitcoin as digital gold, and as digital cash. I’ll also explore other competitive moats that are not network effects."
Direct digital payment; Secure store of value; Microtransactions and metering; Smart contracts; Extra-monetary applications.
The author discusses why bitcoin maximalism is narrow-minded and focuses on two cases: the either-or trap and the predestination trap.
“This article will provide a comprehensive overview of the current state of the cryptocurrency ecosystem as of Summer 2018. This includes high-level introductions and discussions on top current and upcoming projects: Bitcoin, Bitcoin Cash, Chia, Decred, smart contract platforms (Ethereum, DFINITY, Cosmos, EOS, Filecoin, Rchain, Tezos, Algorand), privacy coins (Zcash, Monero, Grin/MimbleWimble, Mobilecoin), and stablecoin projects (Basis, MakerDAO).”
"This paper investigates whether Tether, a digital currency pegged to U.S. dollars, influences Bitcoin and other cryptocurrency prices during the recent boom. Using algorithms to analyze the blockchain data, we find that purchases with Tether are timed following market downturns and result in sizable increases in Bitcoin prices."
The author describes the profound implications of bitcoin’s strong assurance.