Thursday, October 5, 2017

The Wu-Tang Clan's cryptocurency

A good indication of the froth in the cryptocurrency market is that Ghostface Killah of the Wu-Tang Clan is launching a cryptocurrency called Cream Cash, and it's not called Wu-Tang Coin because someone else already has that name. (I mean, it's probably called Cream Cash because that's a better name, but the fact is that there's already a Wu-Tang Coin.) The history of the Great Crypto Boom of '17 will include a whole chapter on Wu-Tang-themed coins, and that chapter will have multiple independent narratives. Really I would not have predicted in 1994 how much of 2017's financial news would involve the Wu-Tang Clan. They really rule everything around cash.