And Decrypt is running an excerpt from Libra Shrugged.
You can’t buy pies with bitcoins. Or respirators.
“It has been  days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”
When you’re a serial foulup — with other people’s money, not just your own — running a conference is ill-advised.
And so this is Christmas — and it turns out that banking commissioners take allegations of sanctions violations seriously.
“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
The important thing about the Bitcoin price is that both Makemake and Haumea are in Libra right now. Obviously.
What sort of greedy bozo would you have to be, to deal in hundreds of millions of dollars of crypto money, skimming 10% off … and be caught with $14,000 in sheets of counterfeit hundreds in your office.
A roundup of the latest news in Tether’s New York legal troubles, and that inconvenient near-billion-dollar hole in their accounts.