Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
Digital gold, Bitcoin mining, CBDCs, DC/EP, Libra and Facebook, corporate crypto purchases, Avalanche and mathcoins, Tether and what happens when the music stops. And Craig Wright.
A podcast on “Libra Shrugged” with Matthew Aaron, who is now doing Decrypt’s official Decrypt Daily podcast.
HOW TO DESTROY ETHEREUM: use it for something. This cripples it every time.
You may be on Facebook lots — but would you trust Facebook with your money? For most people, the answer was “no.”
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.”
And Investopedia are spammers, and you should remove any links to their site.
Facebook is slowly being dragged, kicking and screaming, to running Libra like an ordinary, compliant payments processor — PayPal, but it’s Facebook — or Libra won’t be allowed to exist.
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.