Episode 151 – Stolen Bitcoin, Post-Trust Economy, and the NVidia Deal is Off

Topic 1: $3.6 Bil in Stolen Bitcoin Recovered

$900,000,000 still missing. Bad news: blockchain doesn’t stop people from stealing your stuff. Good news: Once the government finds it, they can prove exactly where it was stolen.

Surprisingly normal money laundering techniques.

https://www.barrons.com/articles/bitcoin-hack-cryptocurrency-justice-department-51644340993 

Topic 2: Do we have a trust deficit?

Our comments on an article in the Atlantic. A serious follow-on to the “zero trust” of crypto currency.

https://www.theatlantic.com/magazine/archive/2021/12/trust-recession-economy/620522/?mc_cid=3444c21cfd&mc_eid=70cbbe1cdc 

Topic 3 option – Revisiting NVidia-ARM Deal

Have we over-regulated, or is this good for everybody? Nvidia and Arm had worked out an extensive arms-length deal that was quite complicated. Clearly, they were designing a merger with regulators in mind.

Softbank bought Arm for $36 B and was looking forward to getting a payoff on that investment. Is this just about money, or also about technology?

https://arstechnica.com/gadgets/2022/02/nvidia-abandons-66-billion-arm-purchase/ 

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🙂

 

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1 comment on “Episode 151 – Stolen Bitcoin, Post-Trust Economy, and the NVidia Deal is Off

  1. Steve says:

    I had a corrosive sales boss who was fired in minutes once the CEO, to his credit, caught wind of the toxic behavior. That is how I ended up as a VP of Sales.

    Culture matters! — and is a competitive advantage. Not a new idea, but more important than ever with employers vying for the best (or any) employees.

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