We bring you the Best of Web links: an amazing beat down of the crypto scams world, we learn about the FBI of the National Park Service, an epic post about how to measure where you stand on the spectrum of financial independence, a gracious goodbye to Paul Allen by Bill Gates and a rare interview with the In-N-Out CEO.
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Every Sunday I pick the best reads that blew my mind in the previous week. It can be…anything! I like to be eclectic and despise salesy/clickbait/sameold content you read…everywhere else!
As always, click on the headline to be taken to the original source. Sometimes I insert my incendiary comments on article excerpts between [brackets].
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Blockchain isn’t about democracy and decentralisation – it’s about greed
This is perfect. Not a huge fan of the author but…I think he nails this. Beautiful and precious rant!
It starts out like this:
With the value of bitcoin having fallen by about 70% since its peak late last year, the mother of all bubbles has now gone bust. More generally, cryptocurrencies have entered a not-so-cryptic apocalypse. The value of leading coins such as Ether, EOS, Litecoin and XRP have all fallen by over 80%, thousands of other digital currencies have plummeted by 90%-99%, and the rest have been exposed as outright frauds. No one should be surprised by this: four out of five initial coin offerings (ICOs) were scams to begin with.
and ends it like this:
No serious institution would ever allow its transactions to be verified by an anonymous cartel operating from the shadows of the world’s authoritarian kleptocracies. So it is no surprise that whenever “blockchain” has been piloted in a traditional setting, it has either been thrown in the trash bin or turned into a private permissioned database that is nothing more than an Excel spreadsheet or a database with a misleading name.
In between, this crypto/blockchain crap gets an unbelievable beating. Well deserved I may add!
The FBI of the National Park Service
What a wonderfully written story! And so informative about something I did not know much about, the Investigative Services Branch unit of the National Park Service. 33 special agents who get called upon to solve the most complex crimes committed on National Park Service land.
The Spectrum of Financial Dependence and Independence
Awesome personal finance related story. Seventeen different levels of financial dependence to independence. Which level are you on?
One thing I know is…I will be on a much higher level if I did not have this blog or screwing my readers like this, sad!
What I loved about Paul Allen
By Bill Gates. Very gracious tribute about a very important person in the tech world.
Exclusive: In-N-Out Billionaire Lynsi Snyder Opens Up About Her Troubled Past And The Burger Chain’s Future
A very rare interview with the In-N-Out CEO. Who is just 36 years old and has already married several times. She inherited the company and is hell bent on keeping the company private. And what a tragic family story it has been.
Needless to say, the company is unique to say the least!
And I leave you with this…
TBB
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Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Thanks for the In-N-Out Burger link. Wow.
Silver Sunday!
Bronze!
TPG just posted “The Prettiest Credit Cards”
give it up TBB 🙂