“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”
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Revamps are in the air, because Libra still can’t get its bad idea past the regulators — the same ones who said “LOL, what on earth, absolutely not” within hours of Libra’s initial announcement last June.
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The Bitcoin white paper’s elegant simplicity only exists in a perfectly spherical monetary system in a vacuum at absolute zero.
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“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
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PayPal “remains supportive of Libra’s mission” — so that’s nice.
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What are some of the ways things could go bad if Libra gets huge — even given Marcus’ responses?
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“Hey everyone. Is it normal and safe to buy bitcoin by mailing envelopes full of cash to someone? Let me know.”
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Perhaps iFinex can argue that two plus two only appears to make four, when actually it makes three, or five, or six hundred and sixty-six.
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I’d question even calling this a “bubble” — because there’s no evidence of an influx of retail get-rich-quick dreamers. The only visible cause is manipulation.
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You can say “crypto” all you like — but if you’re dealing in actual money, you have to work to the rules of actual money.
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