Today’s the big day of good news for Bitcoin! I live-tweeted the day’s events in a massive thread. []Chivo Wallet has launched! It then turned right thirty feet above the launch pad, and crashed into a lake.Having been there and done that myself in information technology, I’ve rarely seen a project set up for such obvious failure from the start, by upper management who think the critical details are just a matter of shouting at people loudly enough, as the El Salvador Bitcoin project.I’m pretty sure Chivo must not be subject to the set out by the Banco Central de Reserva (BCR) — because the...…Today’s the big day of good news for Bitcoin! I live-tweeted the day’s events in a massive thread. []Chivo Wallet has launched! It then turned right thirty feet above the launch pad, and crashed into a lake.Having been there and done that myself in information technology, I’ve rarely seen a project set up for such obvious failure from the start, by upper management who think the critical details are just a matter of shouting at people loudly enough, as the El Salvador Bitcoin project.I’m pretty sure Chivo must not be subject to the set out by the Banco Central de Reserva (BCR) — because the...WW…

An expert's point of view on a current event.The digital artist Mike Winkelmann, professionally known as Beeple, just sold an NFT—a “nonfungible token,” an asset on a cryptocurrency blockchain—of his image Everydays: the First 5000 Days at auction by Christie’s for $69,346,250. This is the third most expensive auction sale ever of a work by a living artist.That brought plenty of publicity—both to Beeple and to NFTs themselves. But high art is a strange world, one that for decades has run on hype, pumping prices, the convenience of transferring large sums of money through nominal purchases...…An expert's point of view on a current event.The digital artist Mike Winkelmann, professionally known as Beeple, just sold an NFT—a “nonfungible token,” an asset on a cryptocurrency blockchain—of his image Everydays: the First 5000 Days at auction by Christie’s for $69,346,250. This is the third most expensive auction sale ever of a work by a living artist.That brought plenty of publicity—both to Beeple and to NFTs themselves. But high art is a strange world, one that for decades has run on hype, pumping prices, the convenience of transferring large sums of money through nominal purchases...WW…