Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
Bitfinex Securities will not charge a fee for this. They’re just being nice, see.
President Nayib Bukele is day-trading by phone with public funds and tweeting about it, and blowing hundreds of millions in public funds on magic beans.
Bitcoin fans are gullible. Talk to them about the future of money, throw in a few buzz words and they believe any garbage.
NFT promoters need to be forced to walk the streets ringing a bell, yelling “UNCLEAN,” and wearing a scarlet ฿.
“Sound stupid? Great, you’re all caught up.”
“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.”
I expect Bukele to keep promoting Bitcoin as a point of personal pride. But as a practical day-to-day currency, it’s not doing so well right now.
“Libertarian” is when I take your money, it’s different if you take mine.
You can’t even use Bitcoin to buy prepackaged FUD!