Pluralistic: Private equity ghouls have a new way to steal from their investors (20 July 2023)

Today's links

Private equity ghouls have a new way to steal from their investors: Continuation funds are a multi-billion-dollar blackmail racket.
Hey look at this: Delights to delectate.
This day in history: 2008, 2013, 2018
Colophon: Recent publications, upcoming/recent appearances, current writing projects, current reading

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The Byzantine Premium

On the contradiction at the heart of Bitcoin advocacy

Jakub-gdPL and Famartin/CC BA-SA 4.0; Delwar Hossain, BD/CC BY 4.0; Jernej Furman/CC BY 2.0 — (modified)

When you write critically about blockchain, Bitcoin, speculation, NFTs and DeFi, you get an earful back. Advocates for these things are…well, aggressive is a polite term for how many believers respond to critiques of their financial/philosophical/political/technological project.

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