Foreign Policy: Bitcoin Failed in El Salvador. The President Says the Answer Is More Bitcoin.
A version of my previous post about the Volcano Bonds and Bitcoin City, with more geopolitics — this is Foreign Policy, after all.
Uncategorised
News: Square goes Block, Wikipedia NFT, El Salvador Bitcoin City plans, where the Chinese mining rigs went
“Sound stupid? Great, you’re all caught up.”
News: Celsius CFO arrested, El Salvador journalists hacked, Senate vs. stablecoins
“The trick in the game is to make losers feel like they are winners, and one of the means of getting them into the trade is by paying them a yield to take on risks they don’t understand.”
Creative Commons is shilling NFTs
Creative Commons is also accepting sponsorships from crypto companies.
Regulatory clarity, extreme edition — anti-money-laundering and crypto: FATF, OFAC, FinCEN
There’s slip-ups in compliance monitoring, and then there’s tweeting your visa for North Korea.
El Salvador: A $1 billion Bitcoin bond, to set up … Bitcoin City!
The Bitcoin City plan is a recycled version of a previous plan to lease 10% of El Salvador to China.
ConstitutionDAO fails to buy the Constitution
ConstitutionDAO’s fatal error was letting the world know precisely what the maximum they could bid was.
ConstitutionDAO — a $20 million stupid Ethereum trick
Either this is an elaborately preplanned rugpull — or it’s actually the dumb stunt it appears to be.
Stablecoins: Tether, Libra, the President’s Working Group, the IMF
Phrases like “macro critical levels” are what central bankers say when they’re sounding the air-raid sirens.