Merriam-Webster’s word last year was authentic. If there’s one thing about authenticity; it’s like the bottom of a clear pool of water appearing shallower than its actual depth.

There’s a kind of performative art here that invokes the so called “Wittgenstein’s silence”, where machinations can be seen but not explained. It sort of works and it’s a banal gift that keeps on giving.

Magic is indeed real but strangely selective? FTX’s conclusion is fascinatingly scary! That was a joke for a friend, but it actually happened!

We definitely live in a scam world? The realization then (after much reading) was that coin ecosystems operate exactly like current financial systems but with extreme incomprehensibility.

I’m months behind my feeds, but the feast on FTX’s carcass drives it home! The magic number is 1/3! Coins are very shady!

Are you invested in coins? Nada, none. Even if so desired, lethal extremes happen so fast that governments have to step in to parent the unruly cool kids (foreigners especially) on everything. Superabundant bureaucratic toil = never looking into “current thing”.

Residents of (The) Bahamas must apply for special permission from the country’s central bank to invest in cryptocurrency, and the government levies a percentage fee for the privilege.

As some of you know, I loathe places like YouTube, Reddit, or any other sufficient equivalent. The misinformation is too abundant for my poor, weak mind. I recently discovered this and whoever made it is a legend. Luckily, it’s still a mostly free world but for how long? People should be able to intimately learn whatever lesson they want ;)

So, the other day I learned that the cool lingo is coins. I’ve rummaged through the depths for a bit and came across the most plain and straightforward breakdown of the cryptocurrency ecosystem ever written. Impossible! Most everything else is like deciphering a marketing slate.

The analysis on economies of scale within peer–to–peer networks and this answer on merkle trees vs blockchains are worth the read too.