Tuesday, September 18, 2018

📰 CoinSheet - September 18, 2018 📰

September 18, 2018
All that men know is almost nothing in comparison to what remains to be known.
-Rene Descartes

CoinSheet #215

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COIN BULLETIN

CoinSheet has smart readers

It's a unproven fact. But I get a lot of email from you folks, and your comments tend to skew towards the smart side.

It's also a PROVEN fact that I reply to like atleast 90% of questions I get asked.

So please, don't hesitate to email me if you really feel some type of way, or if you think I'm stoopid, or both.

And I will start replying. Maybe we'll get some good content out.

So today...

I'm going to reply to this email from Ivan.

We'll, that's not entirely true, I'm going to reply to that part I highlighted in yellow, and in the following email (or the one after that), I'm going to talk about why I disagree with Ivan's impression of Bitcoin.

I think some of what Ivan wrote is true

When folks at Ripple talk about HSBC or Citi or whatever else, it usually doesn't mean much.

Testing doesn't mean adoption. Even more so when there is a person whose job is it to test stuff.

Place yourself in the shoes of a director of innovation at some bank and imagine being familiar with the current job climate, and turnover rates in the industry.

You're going to have a strong incentive to create bullet points for your resume.

Leading an inquiry into a product (lol, product, yes I know) like Ripple looks good on a resume, primarily because you suddenly become the "blockchain dude."

What makes Bitcoin any different in this case?

Ripple is owned by a company whose only source of revenue is dumping Ripple onto the market (if you're not convinced, read the Q2 2018 XRP Markets Report).

TL;DR

Bitcoin & any company that offers bitcoin related services != (not equal) Ripple & any company that offers to look at Ripple.
ANNOUNCEMENTS
I'm still travelling around EU.

I'll be back in NYC October 1st, and will be in San Francisco the week after that for Blockchain Week.

I'm pretty excited, most people hate conferences but I love all that shit.

This time around I've got:
  • 3 days of ETH SF hackathon
  • 2 days of Epicenter (bootcamps, workshops, panels, tech talks, etc..)
  • 2 days of CESC (Crypto Economics Security Conference) an academic conference on new crypto econ research.
I like that the ticket prices for most of these are fairly reasonable (nothing $1k+ like those Consensys conferences).

Some of these even have student tickets that go for $25 (and if you're a student that can't pay that, shoot me an email and I'll see what I can do).

If you're interested in learning more about the goings on: http://sfblockchainweek.io/
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