News: Regulatory warnings, ICO shenanigans, Bitcoin forks, Bitcoin and the yuan

  • Some “advisers” to crypto startups never agreed to advise. I’ve had occasional enquiries; I’ll be most pleased to advise on your idea with suitable arrangement. (Currently £500/hr, minimum two hours, in advance; not able to accept cryptos at this time, sorry, Coinbase are really not very good at setting up merchant accounts.) Some crypto startups just straight-up fib about state support.
  • Bitcoin and the yuan. “Bitcoin may have been a proxy for downward pressure on the yuan, but bitcoin outflows only ever made up a very very small amount of Chinese capital outflows.”

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