Blockchain and cryptocurrency news and analysis by David Gerard
“In Every Trade There Is An Idiot And If You Don’t Know Who It Is, It Is You.” This of course being crypto, where everyone is pseudonymous, and no one knows who anyone is, I figured that those rules didn’t apply.
And so this is Christmas — and it turns out that banking commissioners take allegations of sanctions violations seriously.
Fake addresses, disappearing customer funds, stock option shenanigans, and sanctions violations — allegedly.
Crypto is not a Ponzi scheme! It’s just a great platform to build other Ponzis on.
If you were having problems getting your head around this case, this is a good and useful summary. Plus — iFinex’s response!
I must say, I was sorely disappointed to hear such disconcerting news about esteemed senior financial adviser … (checks notes) … ah, “Moo Cow Moo.”
It’s nearly the end of 2019, and the Wall Street Journal is still running puff-pieces on stupid blockchain tricks.
Come see me on the Intelligence Squared panel in London on Thursday afternoon — free!
There’s engineer arrogance, and then there’s whatever heady brew Griffith was huffing.
When a narrative fails, the bitcoiners just … never mention that one again!