Viewing profile — pjbyrne

There is plenty of legal background for France (and Europe more broadly, eg the German NetzDG) there if you'd care to read the piece, including reference to numerous censorial prov…

The article was written for the benefit of Americans with business operations in France, so understanding why America is way better than France to run a social media company is rel…

> The construction was specifically designed such that the person who figures out the hash collision is the owner... It's not a matter for courts to decide Anything is a matter for…

Bingo. This is the sort of scenario for which the courts don't currently have rules to decide to whom the coins (qua krypto-property) should belong.

Thanks! Possibly, I don't know. The point of the post really was to show that the pre-sale process was amenable to a more forensic/scientific analysis than anything else.

I agree it's all debatable. This post deals only with the "common enterprise" prong as that appears to be the prong of the test that Coin Center and others are trying to challenge …

Well, it's either the ideal auction or it isn't. The question is how likely is it that a coin auction running for two weeks would produce a curve like that. I can't find any others…

Duly corrected.

Well it's not the regulators who make the decision and set the precedents, it's the judges. Regulators are currently trying to figure out, to the extent existing precedents are ina…

I've updated the post to include a chart of the Tezos raise, which was both much larger than the Eth raise and I think illustrates my point rather well.

All of the pre-sale participants were BTC holders because that is the only currency the Foundation accepted for presale Eth. The question is how many of those BTC holders there are…

You must not remember how small the Ethereum universe was in 2014. If you think that curve is the outcome of an organic market process, there's a bridge in Brooklyn I'd like to sel…

It's called an analogy. I analogized the Bitcoin markets to a fractional reserve system, as the dollar value of Bitcoins in the Bitcoin market far exceeds the amount of dollars tha…

> the Basecoin will first go to the Bond holders Only if the price is below $1. You have to read the next paragraph of the blog post to get to that.

The difference being that USD doesn't pretend to be pegged to anything. My point about MakerDAO is that the development team is claiming the impossible is possible.

> They are claiming that over a sufficient period of time the coin will trend towards its target This is not what the MakerDAO team, nor any other stablecoin shill, is claiming. Th…

Call me back after the bubble crashes and we can have a discussion about where the dollars ran off to in the middle of it.