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Today on the show I have a conversation with crypto mining activist Jackie Sawicky. After the recent election, she’s decided to dissolve the Texas Coalition Against Crypto Mining and move out of state. We talk about what’s happened to change her mind and what we think about the near future and the upcoming “regime change” which appears to be full of crypto shills and grifters.
Direct podcast download: http://podcast.ioradio.org/IOR40.mp3?ior
For this episode we have a “who’s who” of Crypto Critics who have assembled in Twitter Spaces, hosted by author Jake Donoghue, of “Crypto Confidential.” Jake put together a team of prominent people to discuss the current state of the industry, including myself, former SEC cybercrime head, John Reed Stark, journalist David Gerard, tech entrepreneur Dave Troy, senior policy analyst Mark Hays and others. We have a casual conversation about what’s going on in the industry and take some questions.
I apologize for the beginning and ending being cut off – I started recording when I came in and somehow the recording stopped at around the 2 hour mark, but we have almost the entire conversation archived.
Hope you enjoy!
Regarding my counter-argument to the crypto-shitcoin-shilling troll who appeared in the podcast, let me address that… her claim was that ‘blockchain is mainstream’ and IBM is using it. This is a phony narrative that crypto people keep spreading. Here’s the truth on that:
For those wondering whether her claim that “IBM is using blockchain” is legit, no it’s not. Their primary IBM blockchain project that was hyped by crypto bros — still to this day, was a prominent partnership with shipping company Maersk. While the web page promoting the venture still sits online and is cited every day as a “crypto success story” in reality it was cancelled. See: https://www.maersk.com/news/articles/2022/11/29/maersk-and-ibm-to-discontinue-tradelens
Other so-called “blockchain” projects, such as IBM’s “hyperledger” are not actually blockchain – IBM has just borrowed that name and registered their own trademark: “IBM Blockchain®” When you examine what IBM calls “blockchain” it looks nothing like crypto’s version.
IBM’s version is centralized; it’s not permissionless; it’s not public, and there’s no evidence it’s “immutable” in the same manner as crypto blockchain. It’s just a marketing ploy to take advantage of the crypto/blockchain fad.
So if you ask somebody, “What makes blockchain, blockchain?” They’ll give you a list of answers that basically negate whatever IBM is claiming is blockchain, as being anything that resembles what crypto/blockchain people call “blockchain.”
Words mean things. If just labeling something “blockchain” without actually checking to see if it resembles the conventionally-known tech is ok, then we no longer have the ability convey legitimate ideas.
But more importantly, there’s insufficient evidence that any mission-critical apps are using the tech. There’s lots of name-dropping but nothing indicating this is anything more than prototypical. The reason for this is because we know, by design. blockchain is an inferior database system, hamstrung from its birth, abandoned decades ago by real engineers. I prove this in my documentary (see www.BlockchainII.com).
Today’s guest, whom we’ll refer to by his popular discord handle, “Homestead Hacker”, thought he found his dream job, working in the exciting world of “web3”.
This was supposed to be the cutting edge of emerging technology, involving crypto, blockchain, gaming and more.
Unfortunately our guest realized it didn’t turn out the way he’d imagined. He takes us through his experience working for a web3 gaming company and his realization that the crypto industry isn’t what he originally thought.
As part of our outreach to engage and educate people in the crypto community, this is another in our “debate a crypto bro” series. We encourage people in the crypto industry to open a dialogue and exchange ideas and arguments to better understand all sides of this “industry.”
In today’s episode I talk with “Dr. Rob”, a veterinarian in New Zealand who wants to discuss what he believes are the strongest arguments for Bitcoin’s utility. This is part 2 of a 2 part series. In this final part, we discuss another “use case” for Bitcoin involving issues relating to energy.
For more visit our web site at https://ioRadio.org
I speak with author and former crypto industry insider, Jake Donoghue about his new book, “Crypto Confidential: An Insider’s Account From The Frontlines Of Fraud.” In this book, Jake talks about his time working on launching a crypto company and then pivoting to start an agency that helps launch other crypto projects. He pulls no punches in describing the multi-layered fraud and deception which seems to encompass every aspect of the industry.
Details on the book:
From Amazon: https://www.amazon.co.uk/Crypto-Confidential-Insiders-Account-Frontlines/dp/1803996188
https://books.google.com/books/about/Crypto_Confidential.html?id=N0cJEQAAQBAJ
In this episode I sit down with the author of two books on the crypto industry, IT professional and writer, David Gerard. David has been calling attention to the irrationality and criminality in the crypto industry for many years. Let’s see what he thinks of the current state of the industry and its many colorful players.
One of the most detailed and prolific sources of data on the shenanigans of people like Elon Musk, Andrew Tate, Kevin O’Leary and others can be found on a YouTube channel called, “The Common Sense Skeptic.” In the short time he’s been producing videos, he’s managed to publish a wide array of very detailed, very damning details of some of these controversial characters’ pasts and present. We talk about what he’s discovered and what’s happening now with some of these people.
You can catch The Common Sense Skeptic’s work here:
https://youtube.com/@CommonSenseSkeptic
You’ve heard the stories about people who go “all in” on Bitcoin.
These are the “pink unicorns” of investing.
Does it make sense to put all your eggs in one crypto basket?
Well, we talk to one guy who’s done that, and try to explain why that might be a bad idea.
It’s been a few weeks and there’s been some interest to check back in with our infamous crypto unicorn who has gone “all in” on Bitcoin and see if our last discussion had any impact on his outlook.
I also dive a little deeper into how his crypto adoption has manifested and how much actual experience he’s had testing the exchanges to see if he can get his “money” back?
There are some very interesting and/or shocking revelations towards the end.
Be sure to leave your comments and let us know what you think?
You’ve heard the stories about people who go “all in” on Bitcoin. These are the “pink unicorns” of investing. Does it make sense to put all your eggs in one crypto basket? Well, we talk to one guy who’s done that, and try to explain why that might be a bad idea.
Our last episode and the story that Sal exposed regarding the questionable “objectivity” of those behind the crypto media company “Protos” caused quite a bit of stir among a certain “Crypto Critic” community, to the point where Bennett Tomlin and Cas Piancey blocked everybody associated with the criticisms and began spiraling downwards into some kind of odd meltdown.
Along the way, we were accused of trying to ‘attack’ and ‘cancel’ the Crypto Critics.
This seemed quite odd because all we basically did was ask a few basic questions.
It seems the “Crypto Critics” are very good at casting aspirsions and critiques at others, but not at all comfortable having the light shown on themselves.
This culminated in a two hour impromptu Twitter Spaces showdown between Adam and one of their people, a guy by the name of Cameron Crews.
Watch the train wreck in all its glory here:
Additional images and screen caps relating to the story can be found here:
https://ioradio.org/ccc/