China’s Cryptocurrency Represents An Entirely Different Worldview

For all the promise of decentralization, China’s central bank is close to launching its own cryptocurrency which will upend the decentralized and pseudonymous ethos upon which Bitcoin was first launched.

Patrick Tan
The Dark Side
Published in
8 min readAug 22, 2019

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The shakes are always the worst part of the day, if he could somehow get over the shakes, maybe the rest of the day would be bearable. In the searing summer heat of Hillsboro, Ohio, John Langley, a third-generation dirt farmer wants nothing more than a swig of an ice cold beer or an ale, a stout or a cider to quench his parched lips.

Kermit had some issues. (Image by Alexas_Fotos from Pixabay)

But unfortunately for Langley, the year is 1929 and the town which became synonymous as the epicenter of Prohibition (the banning of alcoholic beverages) for the latter part of the 19th century, took to it once again with fervor in the first half of the 20th century.

Which means that Langley will have to find some other way to cope with the shakes.

For a nation built on alcohol (America once ran on booze before it ran on…

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Patrick Tan
The Dark Side

General Counsel for ChainArgos, the blockchain intelligence firm made famous for breaking the story that BUSD was unbacked by US$1.4bn