Sam (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
l33tminion) wrote2013-04-01 05:18 pm
l33tminion) wrote2013-04-01 05:18 pm
Shave and a Haircut, Two Bitcoins
In the last couple of weeks, I've become interested in Bitcoin again, after reading Gwern's essay on Silk Road and writing a run-down of the technology in response, seeing the US government issue regulatory guidance on the subject (viewed by the market as encouraging, perhaps surprisingly), and seeing odd news in connection (or maybe not) with the crisis in Cyprus. So I've acquired a few Bitcoins of my very own. Hopefully the opportunity to play around with that emerging technology will be worth the cost, this is one of the cases where taking the effort to be an early adopter is much cheaper (depending on how you look at it).
I looked back in time to see if I'd commented on the subject before, and I did, prior to the 2011 crash. Not surprisingly, I was totally wrong. (One of many good examples of why taking financial advice from me would be a bad idea.) Well, not totally wrong. That post was June 2, 2011, so I was right about the collapse of "the current bubble" (and I'm not making any strong predictions about the new current bubble), but completely wrong about Bitcoins being largely useless (e.g. Bitcoinstore as a Newegg competitor, BitPay or CoinBase as point-of-sale solutions, Bitspend as a more general intermediary). More interesting than I'd thought.
Other stuff: Passover seder with my family was nice. DJ's band (The Silent Order) played their first gig with KICK the Band, Melt, and Rose Compact at Club Bohemia beneath the Cantab Lounge on Friday. I had my first relaxing weekend in a long time; hopefully April will be less crazy than March. I started on taxes (late this year).
I looked back in time to see if I'd commented on the subject before, and I did, prior to the 2011 crash. Not surprisingly, I was totally wrong. (One of many good examples of why taking financial advice from me would be a bad idea.) Well, not totally wrong. That post was June 2, 2011, so I was right about the collapse of "the current bubble" (and I'm not making any strong predictions about the new current bubble), but completely wrong about Bitcoins being largely useless (e.g. Bitcoinstore as a Newegg competitor, BitPay or CoinBase as point-of-sale solutions, Bitspend as a more general intermediary). More interesting than I'd thought.
Other stuff: Passover seder with my family was nice. DJ's band (The Silent Order) played their first gig with KICK the Band, Melt, and Rose Compact at Club Bohemia beneath the Cantab Lounge on Friday. I had my first relaxing weekend in a long time; hopefully April will be less crazy than March. I started on taxes (late this year).