Tag:david marcus

News: Facebook Libra in the House and Senate, CFTC investigates BitMEX, India to ban holding cryptos, Justin Sun’s kidney stones

“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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News: NY AG on Bitfinex/Tether’s New York ties, Craig Wright tries to move Kleiman v. Wright, IRS on criminal investigations into crypto, regulators still hate Facebook Libra, Trump vs Libra and Bitcoin, more crypto exchange hacks

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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News: Bitcoin’s $13,000 not-even-a-bubble, how Tether say Tether works, Craig Wright shows up in Florida, Facebook Libra

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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Facebook’s planned “cryptocurrency” — which almost certainly isn’t one

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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