A book excerpt! Cryptocurrency promoters never detail how they’re actually going to “bank the unbanked.” What would they need to do?
You may be on Facebook lots — but would you trust Facebook with your money? For most people, the answer was “no.”
Code is still LOL.
As soon as a blockchain scheme gets in front of the adults — it’s dead.
“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”
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.
The Bitcoin white paper’s elegant simplicity only exists in a perfectly spherical monetary system in a vacuum at absolute zero.
“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
PayPal “remains supportive of Libra’s mission” — so that’s nice.
What are some of the ways things could go bad if Libra gets huge — even given Marcus’ responses?