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Author: Admin | 2025-04-28
From Wikipedia, the free encyclopedia David GerardGerard in 2020BornFebruary 19, 1967 (age 58)[1][2]Perth, Western Australia[3]OccupationIT systems administrator[4]Known forCryptocurrency criticismWikipedia volunteeringNotable workAttack of the 50-foot Blockchain (2017)Libra Shrugged (2020)SpouseRose GerardWebsitedavidgerard.co.ukDavid Gerard (born 1967) is an Australian IT systems administrator,[4][5] finance author and Wikipedia administrator, best known as a cryptocurrency sceptic and commentator on cryptocurrencies, non-fungible tokens (NFTs), and related blockchain technologies.[6] He is the author of the cryptocurrency books Attack of the 50-foot Blockchain (2017),[7] and Libra Shrugged (2020).[8]Criticism of cryptocurrency[edit]Gerard was labelled as "the most intellectually dishonest man in the crypto universe" by Mike Dudas, editor of The Block.[9][10] In 2017, Gerard released his first book, Attack of the 50-foot Blockchain,[11] which criticises cryptocurrency for, among other reasons, its energy cost and the high number of exchange hacks.[12] Gerard details technological issues with the infrastructure of blockchain applications, including smart contracts, which he describes as neither smart nor legal contracts. Parts of the book are dedicated to debunking claims made by cryptocurrency advocates; for example, he provides evidence that bitcoin has not dispensed with the malfeasance present in traditional banks and markets or helped people rise out of poverty.[13]Sue Halpern described the book in The New York Review of Books as "a sober riposte to all the upbeat forecasts about cryptocurrency".[12] Martin Walker of the London School of Economics Business Review called the book "the first real, 'no holds barred', attack on the whole bitcoin/cryptocurrency/blockchain movement".[13] Regarding the cryptocurrency bubble, the BBC said, "Attack of the 50 Foot Blockchain is a very convincing takedown of the whole phenomenon."[14] In the American Book Review, Aaron Jaffe recommended it alongside David Golumbia's Politics of Bitcoin: Software as Right-Wing Extremism.[15] In 2021, US investor Mike Burry changed his Twitter image to a quote from Attack of the 50-foot Blockchain: "NFTs exist so that the crypto grifters can have a new kind of magic bean to sell for actual money, and pretend they're not selling magic beans."[16][17]In 2020,[8] Gerard released his second book, Libra Shrugged.[18] The book explores Facebook's aborted attempt to create Libra, a cryptocurrency, and discussed reactions to it from central banks.[19]Gerard has been active as a Wikipedia volunteer since the encyclopedia's early days,[20] and is one of the administrators on the project.[21]Gerard lives in Greater London with his wife and child.[22][5]List of people in blockchain technologyList of Wikipedia peopleMolly White, Wikipedia editor and cryptocurrency sceptic^ Miller, Joe (6 August 2014). "Wiki wars: Do Wikipedia's internal tiffs deter newcomers?". BBC News. Archived from the original on 9 June 2023. Retrieved 8 June 2023.^ @davidgerard (19 February 2010). "Happy Fuckin' Birthday To Me. Mayor of my bed on FourSquare" (Tweet) – via Twitter.^ Salmon, James (13 April 2022). "Cryptocurrency has its fans — and its detractors". The West Australian. Archived from the original on 10 June 2023. Retrieved 10 June 2023. Gerard, a London-based journalist from Perth ..^ a b Van Boom, Daniel (13 April 2021). "Beyond Bitcoin: Inside the insane world of altcoin cryptocurrencies". CNET. Archived from the original on 9 March
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