Satoshi Summary-Thursday November 29, 2018 Edition

Image courtesy of Pixabay

November 29, 2018
by Sharon Moran

Satoshi Summary is a Cryptobellum exclusive named in honor of the pseudonymous creator of Bitcoin. It provides a carefully curated look at the most noteworthy developments in the blockchain and cryptocurrency space.

A Stop Off on the Blockchain before Departing on Santa’s Sleigh? Check out the first vinyl toys to ever be fully traceable on the Ethereum blockchain.

Physical Meets Digital: CryptoKaiju Launches First Collectible Toys On The Blockchain

While Bitcoin’s price might resemble a game of beer pong, experts aren’t sure what direction the currency is headed next. If you had listened to so-called “experts” in 2009 and 2010, would you be better off? The prevailing “expert wisdom” was that bitcoin would never reach parity with the U.S. dollar.

Bitcoin Is Bouncing Around Again. Here Are Some Possible Causes

You’ll be well on your way to becoming a bitcoin historian if you read the next article on some of the most historic bitcoin transactions. It mentions the infamous bitcoin pizza purchase from 2010. And if you’re interested in a modern-day crypto pizza story, check out this tweet from an Electroneum user.

Eight Historic Bitcoin Transactions

Is There No End To Amazon’s Reach? Ok, admittedly I’m still waiting for them to tackle human cloning and time travel.

Amazon Web Services joins the blockchain party with managed blockchain service for Hyperledger Fabric or Ethereum

Whatever glimmer of hope stablecoins appear to offer will be short lived. Stablecoins derive their alleged stability by being tied to fiat currency like the USD. The USD has lost considerable value since 1990 and has been declining for the last century. Bitcoin is deflationary, even more so when you consider that Satoshi’s purported 1 million coins are likely unspendable.

Could ‘stablecoins’ be the answer to cryptocurrency volatility?

About Cryptobellum 69 Articles
Cryptobellum is a digital publication of Telesto Studios, LLC focusing on the cryptocurrency market and the underlying blockchain technology that fuels it. Created and managed by Sharon Moran, Cryptobellum also provides original features and covers AI and other technological advancements.