Previous Year: Everything wrong with Bitcoin in 2019

In this progress report, we revisit the issues highlighted in last year’s review of the Bitcoin ecosystem and see how things have improved, and also highlight completely new developments.

I’ve been studying bitcoin since its second year of existence, and treat it as a distinct asset class to highlight how it fits into a broader macroeconomic picture. …

“A hedge fund system that removes volatility from crypto accounts” — INC. Magazine

“Helps Bitcoin not seem so volatile.” — Digital Trends Live

“The thing to finally put skeptical minds to rest about the viability of crypto assets” — The Block Talk

INTRODUCTION

The “Stablecoin Patent” I filed in 2014 and received in 2018 has been written about in a variety of publications and mentioned in several interviews and podcasts. As some aspects of it are esoteric, this will help breakdown what its purpose is and how it promotes the progress of science and useful arts.

This patent describes a two-account…

“A hedge fund system that removes volatility from crypto accounts” — INC. Magazine

“Helps Bitcoin not seem so volatile.” — Digital Trends Live

“The thing to finally put skeptical minds to rest about the viability of crypto assets” — The Block Talk

INTRODUCTION

The “Stablecoin Patent” I filed in 2014 and received in 2018 has been written about in a variety of publications and mentioned in several interviews and podcasts. As some aspects of it are esoteric, this will help breakdown what its purpose is and how it promotes the progress of science and useful arts.

This patent describes a two-account…

(Originally drafted May 3rd, 2019)

There is a treasure trove of pre-made open source data visualizations using javascript frameworks such as D3.js and other vector rendering packages.

Many of these frameworks were made before their time, before browsers could consistently support what they offered as the standards they used weren’t ratified or implemented. There were rampant incompatibilities amongst popular browsers such as Internet Explorer, Firefox, Chrome and mobile devices.

Now that has all been solved, even mobile browsers have a consistent user experience which leverage the powerful hardware they come packaged with. Unfortunately, the prior problem has been replaced with…

I’ve formed companies of different types in several different jurisdictions over many years. I’ve listened to a lot of entrepreneurs, people with a passing interest in “business” and taxation, lawyers and others who all have weak incomplete arguments for what Delaware is good for.

Delaware is overrated and there are cheaper, faster and better places to put your company.

All it comes down to is that most people can’t read and the people that read for them are lazy.

“But Delaware has business-friendly laws”, this implies other places do not have business-friendly laws and the only way that’s true is…

The purpose of this state of the union is to criticize aspects of the Ethereum project and bring awareness to fixable issues while combating general ignorance of cryptocurrencies and the blockchain.

Ethereum is a cryptocurrency network which offers a new currency “Ether” to rival Bitcoin and national currencies like the US Dollar. Having the same blockchain-based roots as Bitcoin it functions the same as that family and requires differentiating qualities to stand out, and those differentiating qualities are very expansive and have single-handedly ushered in entirely new industries and work for governments.

Ethereum is the “world computer”, and is also…

The purpose of this state of the union is to criticize aspects of the Ethereum project and bring awareness to fixable issues while combating general ignorance of cryptocurrencies and the blockchain.

Today we are sharing some planned changes for the PARETO v3 protocol deployment. These changes span the four major components of the project: the Pareto Network Platform, the Intel Smart Contract, the PARETO Rewards asset, and the Organization Structure.

PARETO Rewards Asset v3

The first change is a PARETO Rewards asset upgrade from ERC20 to ERC777, which will be done in a token swap available to existing holders. This will improve the user experience of the platform and intel smart contract in a number of ways.

ERC777 standard has been finalized and is backwards compatible as an ERC20 token, therefore…