This entry is part 3 of 4 in the series Sunday Recap

The bear continues to over-stay his welcome but crypto moves on. The baby steps of blockchain adoption continue apace such as Ohio soon to allow businesses to pay their taxes in Bitcoin. The clash of perspectives rages on even as a detente seems achieved between the warring factions of Bitcoin cash. Will it last – unlikely but at least it’s off centre stage. And to take its place – concerns over SEC rulings against ICO’s, price concerns, the steady drum-roll of ‘crypto is dead’ and ‘I told you so’. Still, so much being done and an ever-deepening well of data to parse and competing perspectives to explore. As Antonio Pomplianio likes to put it, ‘ The virus is spreading.’ I know I seem to have caught it.

This week I’ve added a link to a BTC utility to the end of the post. It estimates the coming hashing difficulty adjustment – very useful and just downright interesting.

Twitter

For EOS proponents an exciting teaser from Dan Larimer:

https://twitter.com/go_eos/status/1067847758239985670

Lawyer’s take on SEC future actions in ICO space:

https://twitter.com/jchervinsky/status/1063662992359915525

A BTC buyer explains why:

https://twitter.com/CivEkonom/status/1066391687340138496

For another gallows chuckle:

https://twitter.com/JamesTodaroMD/status/1065017164414033920

Interesting take on BTC whitepaper:

https://twitter.com/ParadigmaBR/status/1067032721875247104

Joseph Thomas speaking sense:

https://twitter.com/iamjosephyoung/status/1067339367927111680

Ideas relevant right now:

https://twitter.com/APompliano/status/1067589475772043265

On personal traits and business:

https://twitter.com/morganhousel/status/1067149149471195136

For content creators everywhere:

https://twitter.com/TheStoicEmperor/status/1067327540392382465

Concerning times:

https://twitter.com/Kpaxs/status/1067845402546880512

Articles

BTC still the trade of the decade:

https://www.forbes.com/sites/katinastefanova/2018/11/28/the-trade-of-the-decade-betting-on-bitcoin/#4bcd293458a4

Ohio now lets you pay your taxes in BTC

https://www.coindesk.com/ohio-becomes-first-us-state-to-allow-taxes-to-be-paid-in-bitcoin

The futility of banning blockchains and dApps:

https://hackernoon.com/china-is-dominating-gambling-dapps-despite-its-strict-policy-ad81b6d0149f

ICO regulations on the way:

https://www.coindesk.com/the-incoming-wave-of-ico-regulation-yes-its-coming

BTC is equity and blockchains are organizations:

https://cryptocurrencyaus.com/bitcoin-is-equity-and-blockchains-are-organisations/

Crypto Law explored (a lot to take-in here):

https://hackernoon.com/cryptos-big-legal-problems-63b760385fea

Podcasts

Wide-ranging, informative AMA with the founder of Cardano – Charles Hoskinson:

https://itunes.apple.com/au/podcast/episode-4-ama-with-charles-hoskinson/id1444527372?i=1000424776591&mt=2

Nic Carter – Bitcoin Macro discussion:

https://soundcloud.com/cryptovoices/show-54-nic-carter-bitcoin-macro-discussion

YouTube

Bitcoin bottom and crypto adoption:

https://youtu.be/SkkwwbCJLoM

EOS ecosystem roundup:

https://youtu.be/Q0o-r_k0Cuo

EOS backup producers face a significant problem:

https://trybe.one/the-eos-price-and-the-pink-elephant-a-referendum-proposal/

Infographics

Challenges to blockchain adoption:

Bank Fractional Reserve Lending:

Utility

Bitcoin difficulty estimator:

https://diff.cryptothis.com/

There you have you it, another engaging week in crypto. If you have any suggestions re format and content, I’d love to hear them. As always, looking forward to your comments and critiques.

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Responses

      1. CryptosDecrypted Post author

        The difficulty indicator – I have no idea what goes on under the hood – more your area of competency but its an interesting means of tracking miner profitability and BTC resilience to price fluctuations. Next difficulty adj should be in about a day or so with a 15% drop..making it more profitable to mine were the price to remain stable. As miners shut down the difficulty drops, as they enter the system it ramps up – 2 week lag in either case. Price has dropped severely, miners have ceased mining – dif drops – equilibrium is reached. I guess you know all this stuff already.

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