One for crypto fans, but surprisingly good for a Kindle Unlimited quickie.
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Burniske and Tatar published this book in the throes of a manic asset bubble, explicitly encouraging naive retail investors — retirees — to throw their savings into the bubble. Let’s see how it’s aged.
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When you take dumb ideas, but you put some serious real-world power behind them … they’re still dumb ideas.
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FINMA published their guidance on stablecoins today — answering a request from Libra, but covering the stablecoin area more broadly.
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I asked some crypto contacts what questions normal people have been asking them about Facebook’s whacky crypto-Bitcoiny thing — and any questions they had themselves.
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Ethereum is the World Computer! As long as you don’t try to use it for any sort of real application.
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“Dr. Wright’s story not only was not supported by other evidence in the record, it defies common sense and real-life experience.”
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BITCOIN IS IMMUNE TO GOVERNMENT CONFISCATION! Except if you’re in real life.
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“Respondents’ contention that this proceeding should be dismissed because Petitioner failed to properly serve the April 24 Order is meritless.” This correctly translates as “don’t waste my time.”
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“I mean at a certain point as a lawyer you have to have a one word conversation with your client — ‘no.'”
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