Skip to main content

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

As author William Gibson memorably observed, “The future is already here — it’s just not very evenly distributed”. Today’s clutch of stories attest to that. Blockchain air taxis, dual forks, and digitally scarce pillow cases may not be the future we dreamed of, but it’s the one we’ve gotten. Welcome to the weekend edition of Bitcoin in Brief.

Also read: Bitcoin in Brief Friday: World Satoshi Summit Canceled, Pump and Dump Scheme Exposed

From Bitcoin Private to Bitcoin Prime

Bitcoin Private developer Rhett Creighton is Bitcoin Private no more. He’s been booted out of the project, which controversially forked from Bitcoin and Zclassic earlier this year, for tweeting that it should be possible to do the same with Bitcoin and Primecoin. Read like that, it sounds like Rhett was ejected simply for expressing an opinion, but the statement triggered Jackson Palmer’s bullshit detector, prompting him to do some digging.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

After being put on the spot by ex-Dogecoin developer Jackson, Rhett confessed that he’d bought a bunch of Primecoin, which has since pumped just like Zclassic did ahead of the Bitcoin Private fork. Jackson then labeled Rhett the “Martin Shkreli of cryptocurrency” for price manipulation and hopping from fork to fork, and urged the community to start calling out such behavior. Rhett, for his part, blocked his antagonist on Twitter and merrily urged everyone to join the Bitcoin Prime Telegram group to discuss his latest dual fork. Place your bets on which dying coin Rhett will buy up and fork next.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Uber Air, Anyone?

You’re probably tired of hearing about “disruptive” new ICOs that are “Uber for X”. Well, it’s hard to describe Vimana Global’s air taxis as anything other than Uber for air. The vehicles will be making their debut at the Futurama Blockchain Innovators Summit in Dubai, May 3-6. The question is, will anyone be brave enough to step inside and take to the skies? For delegates who aren’t convinced by the prospect of oversized drones, the event also promises camel rides and hot air balloon flights. Blockchain conferences are turning into Burning Man.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Don’t Talk to CZ Unless You Hodl Crypto

There’s been some debate over whether owning a particular cryptocurrency – or indeed any crypto – should prevent a journalist from writing about it. Some publications, such as the New York Times, bar their writers from doing so, while others require full disclosure. Binance boss CZ has taken the opposite approach, complaining that there’s a generation of journalists emerging who “have never done a single blockchain transaction writing/”teaching the public” about blockchain.” He’s got a point.

Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars

Digitally Scarce Pillow Cases Are So Hot Right Now

Bitcoin in Brief Saturday: Fork-o-Mania and Flying CarsThere are those who see the rise of non-fungible tokens (NFTs) and digital collectibles as little more than a fad. And then there are others, such as Digital Currency Group’s Barry Silbert, who are bullish on NFTs, and Decentraland in particular. Cryptogoods launched earlier this month as a site where you can have your Cryptokitties printed on mugs, pillowcases, and a bunch of other merch. The USP is that only the token owner is allowed to order designs of their cats. This is the future we chose.

Do you think bitcoin forking mania has gone too far? Let us know in the comments section below.


Images courtesy of Shutterstock, and Cryptogoods.


Need to calculate your bitcoin holdings? Check our tools section.

The post Bitcoin in Brief Saturday: Fork-o-Mania and Flying Cars appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2FpMnTo

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...