Liberty

The term is also an umbrella term used for the sector, so please no need to get pedantic. There's all kinds of discussion in this thread, and I wasn't about to create a new one just for tokens or whatever. How do people pay for ICOs anyway?

No shame in being wrong. We're all wrong very often all throughout our lives. With the info I had at the time, it seemed like she was doing good things. I didn't do tons of research on her company because it's not like I was going to make a private placement in it or anything, it was just a news item I saw go by, but apparently even her investors were fooled, so it wasn't as obvious as the hindsight bias of many will now make it seem...

Not relevant to you, which is fine. How long does someone taken in by a bitcoin scam hold bitcoin? The only thing this might do, if anything, is dampen some of the wild swings as Mr or Mrs gullible fall for bitcoin Genius ads, buy bitcoin after spending $200 on a newsletter that they didn't need, then panic and sell at the first drop in price. It has no effect on whatever long term value bitcoin has or doesn't have. It might or might not have long term impact on the value of cryptocurrencies (I never mentioned Bitcoin specifically, this is a thread about cryptocurrencies in general). ICOs that used ETH certainly had an impact on demand for it, and if fewer ICOs can easily raise money, it certainly changes the dynamic for the number of projects and people working on them. Sure the worse projects will be hit first, as it should be, but it's still an ecosystem that is interconnected. I don't know what the impact will be, but having both FB and GOOG off limits to market ICOs certainly isn't nothing. But in any case, my interest in the news was mostly related to the societal harm caused by all these scams and frauds. Making it harder for them to reach victims is a good thing, and worth noting. The world wouldn't be a better place if securities were unregulated and sophisticated marketing operations could say anything to convince your grandma to empty out her retirement account.

It took a while, but the other shoe dropped: https://www.cnbc.com/2018/03/14/theranos-ceo-holmes-and-former-president-balwani-charged-with-massive-fraud.html

Very sad indeed. The man faced terrible odds and yet had an incredibly inspiring life, and his work will stand forever.

Not relevant to you, which is fine.

With the sheer amount of fraud going on in the space, this is certainly not a non-event. It also reduces the supply of new patsies to the ecosystem, which is bound to affect the supply/demand equilibrium.

Sorry for bumping up this thread since it's the first time it's been falling off the page (I wonder what that means), but I thought this news we worth it: https://www.cnbc.com/2018/03/13/google-bans-crypto-ads.html

I haven't read it yet, but it's in the pile, and I've heard good things about it. https://www.amazon.com/Thinking-Bets-Making-Smarter-Decisions-ebook/dp/B074DG9LQF/ Background on the author: If anyone here has read it, please let us know what you think.

I've now listened to it and it's good, I recommend it. I disagree with him on the Q&A question about AI, but nobody's an expert on everything.

http://quillette.com/2018/03/11/steven-pinkers-counter-counter-enlightenment/

Focused Compounding podcast on concentration vs diversification: https://overcast.fm/+MC2avjLkg

Good recent post by Housel: http://www.collaborativefund.com/blog/ideas-that-changed-my-life/

New post, some interesting thoughts about confidence and insecurity: http://www.mrmoneymustache.com/2018/03/09/money-and-confidence-are-interchangeable/

Tom Russo speaking at Google on Feb 26, 2018: (sorry if already posted elsewhere)

Pinker on TMF podcast. I haven't listened yet. https://www.fool.com/podcasts/rule-breaker-investing/2018-03-07-a-better-future-through-interview/

Great book.

https://samharris.org/podcasts/116-ai-racing-toward-brink/ Recommend of you want to learn some of the challenges of artificial general intelligence (AGI).

I suggest 'The Blank Slate' by Pinker, it's a great book. Thanks. I'll check that one out too. He didn't mention his book by that name specifically in the interview, but he did talk a little about his opposition to the theory that humans are born a "blank slate". That's the one. It's a good overview of the field of evolutionary psychology. Moral Animal by Robert Wright is similar.

I suggest 'The Blank Slate' by Pinker, it's a great book.

According to Wikipedia, " A film adaptation written by William Nicholson is in the works." That should be interesting if they do it properly.

Excellent book about an early investor in post-communism Russia and his sad dealings with the mafia-state there. I recommend you read it: https://www.amazon.ca/Red-Notice-Finance-Murder-Justice/dp/147675571X Every time I mention the book on Twitter, I immediately get tweeted at by Russian psy-ops trolls trying to direct me to propaganda sites that attack Browder. This of course makes me more convinced that he hit a nerve and that the book is correct on Russia.

He ruins anything he touches. That's his special power.

https://overcast.fm/+HOFhYToVA New podcast with the author.