News: not Craig Wright’s bitcoins, how Tether flows, Goldman Sachs spurns Bitcoin, Calibra is now Novi
“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”
Tag: david marcus
Facebook’s Libra national currency plan isn’t new — it was always the fallback plan B
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.
News: 2020 predictions, ICO fallout, Craig Wright, Qatar and Uzbekistan block cryptos, Bitcoin and censorship, Libra
The Bitcoin white paper’s elegant simplicity only exists in a perfectly spherical monetary system in a vacuum at absolute zero.
News: Libra stumbles on, Bitmex leaks customer list, Crypto Capital Corp arrest and indictment, Tether appeal, Blockchain for China, Kleiman v. Wright settlement fails, Telegram tokens delayed, UK tax for cryptos
“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
News: EOS settles with SEC, PayPal dumps Libra, digitised gold, Coinbase triples fees, Bitcoin Foundation is dead
PayPal “remains supportive of Libra’s mission” — so that’s nice.
David Marcus responds to nations’ concerns about Facebook’s Libra — with shallow platitudes
What are some of the ways things could go bad if Libra gets huge — even given Marcus’ responses?
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.”
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.
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.
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.