Could Facebook’s Diem become Fedcoin by default?

Why did US lawmakers kill Libra in the crib but have so far been silent on Diem? If the US is behind the curve in the race to a Central Bank Digital Currency, one way to jumpstart Fedcoin would be to use Facebook’s DiemUSD stablecoin.

First Bitcoin, then Libra: Why Nation States are Petrified

A few months ago I was on the Lite Show (Litecoin) podcast, we got to talking about Facebook’s forthcoming crypto currency, which hadn’t been named yet. I mused then that it would totally suck for the entire crypto-currency space to have come this far with Bitcoin, et al only to have Facebook swoop in and […]

Escape from the BUMMER Machine

(read on Medium) (A long overdue review of Jaron Laniers’ “10 Arguments for Deleting Your Social Media Accounts Right Now“) In 1978 a former public relations and advertising exec, Jerry Mander wrote “Four Arguments For the Elimination of Television”. Mander in essence argued that “the problems with television are inherent in the medium and technology itself, and […]

Should You Delete Your Facebook Page?

In 1994 Wired magazine ran a short story entitled “Hack the spew” . This was back when Wired was actually cutting edge and not the insufferable Silicon Valley stroke job it became after Conde Naste acquired it. In it our antihero “Stark” finds himself inexplicably recruited as a kind of data scout, looking for viable consumer trends emerging from […]