1. The underlying technology, blockchain, might have uses but a currency isn’t it
2. Many crypto experts were surprised when governments said that profits from trading in digital currencies were taxable in the same way that as any other capital gains. Why would this be a surprise?
3. They also claim that it’s great because it’s decentralised. Except, a few companies do a vast percentage of all business meaning that in reality it’s not very well distributed
4. Much of traditional financial services is not centralised either. There’s no “exchange” for currency trading, for example
5. The lack of regulation in crypto is considered an advantage, right until the point that one of the few exchanges (see above point about decentralisation) is in trouble and stops accepting sell orders. Regulation is there for a reason
6. Decentralisation is supposed to democratise trading. Except, trading in crypto is surprisingly expensive. And, just like traditional finance, quickly gets complicated
7. And it’s slow
8. Many of crypto’s biggest promoters are economically illiterate
9. It’s basically a pyramid scheme
10. Many crypto “experts” claim that it’s possible to reduce the risk of transactions with certain complications. They tend not to use the word “hedging” which is what this is. It’s something that the “old-fashioned” financial services companies have been doing for ever
11. It’s almost like they don’t understand traditional financial markets
12. They says it’s progressive and about freedom, but it entrenches existing hierarchies, if anything, more effectively than the existing systems
13. Except for the use of blockchain, there’s not a lot that’s new. For traditional financial services, regulation means that the worst scams are banned for retail inventors. The “Wild West” of crypto isn’t a feature
14. And no, this piece is not intended as a defence of the traditional financial services companies or their regulators. They are far from ideal

I confess that I’ve stolen the title of the post from elsewhere. My objective here is not to detract from that post, which is great, but to build on a few points that I thought it was going to make but didn’t. To make it clear where I’m coming from, here’s a Tweet that I wrote some time before I read that blog:

People who complain that “enterprise” software is too expensive have clearly never come across the bizarre, arbitrary and nonsensical policies and rules these companies have. It’s not unusual to have two customers with contradictory policies.

I greatly enjoyed Graham Lee’s series of posts about specialisation versus generalisation in software engineering¹, quite possibly because it’s me.

My background is a little different from Lee’s, though, so I thought it was worth sharing.

I have a two tier experience². With a few minor blips, Unix has been a constant technology underpinning since my first year at university. I started using Linux around the time 1.0 was released. I got a Mac when — or possibly before — OS X was ready for mainstream use because it was Unix with a nice UI. At work I’ve seen the change from big Solaris and HP-UX machines, to Linux, to containerised applications (which are normally based on minimal Linux distributions). Sure, the different Unix variants are not exactly the same, but most of them have something bash-like and ls does the same thing everywhere, even if the more esoteric options vary.

“Radical Candor” is one of those phrases that I’ve heard and wondered about. Is it another vacuous management phrase? Does it mean anything? I saw it in the library and thought I’d find out. I’m cynical about these things but it doesn’t mean I’m closed minded!

The pitch is “Be a kick-ass boss without losing your humanity” which sounds positive but I don’t manage people at work. Even if it contained genuine insight, would there be anything I could use?

How does switching email hosts disable your Bluetooth headphones? Read on to find out.

As many people did recently, I got The Email from Google telling me that my Apps for Domains (Legacy) account is going away and that I should either pay up or move away.

I’m not averse to paying. I use email a lot and I have my own domain, so I appreciate that I’m not a typical consumer. But I do object to paying Google because it feels like they’re double-dipping: both data mining my information and billing me for the service¹.

A couple of years ago I did a conference talk called “On Cloud Nine: How to be happy migrating your in-memory computing platform to the cloud.” I wish I’d had “Cloud Without Compromise” back then. It covers much of the same ground but, as you’d expect in a book rather than a forty minute conference talk, in much greater depth. More importantly, it puts some concepts into context much more clearly that I did, either by explaining it better or by giving it a good name.

I failed to reach my target of reading twelve books in 2021 by quite some margin this year. I finished only ten books, and that’s including the cheat of counting two short stories as two books!

Despite my objective of reading more fiction, I also failed with that (just the one novel and the two short stories).

While the volume was down both on previous years and my target, the quality was actually pretty good. From the story of the company behind the BlackBerry to the story of the Seventies, how to build a computer and how computers were made. All were worth a read.

In one sense this was me trying to cheat my “twelve books in 2021” challenge. Does reading two short stories count as two books? Goodreads seems to think so…

But it wasn’t just a cheat. These are still stories that I did want to read. Dan Moren is a writer I’ve followed for a while, though entirely in his Mac-centric, technical writing at Six Colors¹ and podcasting at Clockwise. The stories are both part of a bigger sci-fi-space-opera universe but work well stand-alone.

I have a confession to make. I had a BlackBerry for a few months and I hated it. To be fair I was late to the party. By the time I used one, the iPhone had launched and and the BlackBerry was not the Cool Thing any more.

Nevertheless, a few years before that I remember seeing them all the time around the City and Canary Wharf. They had an impressive tactile quality, where were people continually touching them, scrolling the side-wheel or the spinning the little trackball on the later models. By the time I started using one, the hardware itself was still great but the software was incredibly dated.

Empty shops, rising prices, the laughing stock of Europe, our place in the world in question, people out of work and fuel shortages. But that’s enough about late 2021, I decided that I wanted to learn more about the Seventies, the decade that brought, well, me, the Winter of Discontent, power cuts, the three day week and shocking fashion sense. There are a few books that cover the same timeline, but I decided on “Crisis? What Crisis?” [affiliate link] by Alwyn W. Turner.