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#blockchain

19 posts13 participants1 post today

@ddayen.bsky.social
They named it the GENIUS Act because in our upside down, war-is-peace Orwellian world, why not? #cryptocurrency and #blockchain are intrinsically stupid so, of course, GENIUS.

> Stand With Crypto, a political action committee that was active rating candidates in the 2024 cycle and informing millions of dollars of donations, just named eight “crypto champions” for the upcoming election cycle. The two Senate Democrats were Alsobrooks and Gillibrand. #corruption

#RSA cofounder: The world would've been better without #cryptocurrencies
Adi Shamir, the S in the RSA algorithm and a cofounder of RSA Security, went off on #cryptocurrency, saying its early promise has been wasted. While he said Satoshi Nakamoto's paper on #Bitcoin and its #blockchain was "very lofty," its promise of becoming a decentralized way to exchange money digitally without government interference, or reliance on financial institutions, hasn't come through.
theregister.com/2025/04/29/cry

The Register · RSA cofounder: The world would've been better without cryptocurrenciesBy Iain Thomson