El Salvador Bitcoin: Tether buys itself a country; and why Chivo sucks
El Salvador adopting Bitcoin wasn’t the particular Tether scam I originally thought — but it’s turning out to be a different, and bigger, one.
Tag: ifinex
News: El Salvador volcano bonds to sell for tethers, Bitcoin didn’t cause Kazakhstan riots, lawsuits on the blockchain, MobileCoin live on Signal, Craig Wright sued again
Bitfinex Securities will not charge a fee for this. They’re just being nice, see.
El Salvador: Bitcoin Volcano Bond laws, Chivo still doesn’t work, corruption
President Nayib Bukele is day-trading by phone with public funds and tweeting about it, and blowing hundreds of millions in public funds on magic beans.
News: David Marcus quits Facebook, WhatsApp uses Novi, corporate NFT disasters
NFT promoters need to be forced to walk the streets ringing a bell, yelling “UNCLEAN,” and wearing a scarlet ฿.
El Salvador: A $1 billion Bitcoin bond, to set up … Bitcoin City!
The Bitcoin City plan is a recycled version of a previous plan to lease 10% of El Salvador to China.
News: Compound threatens to dox its own users, El Salvador Chivo numbers, China hates crypto, Twitter tips, Tether class action proceeds
“Libertarian” is when I take your money, it’s different if you take mine.
Tether printer go brrrrr — cryptocurrency’s substitute dollar problem
I don’t know precisely what tiger iFinex and Tether are riding, but it clearly has teeth.
News: Tether TO THE MOON, Bitcoin over 40,000 USDT, more Ripple fallout
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
News: Bitcoin goes up, Reggie Fowler’s lawyers quit, Pokémon, ancaps buy a plague ship
And Decrypt is running an excerpt from Libra Shrugged.
News: stupid DeFi tricks, Tether doesn’t have the documents for NYAG, Craig Wright loses again
“I’m going to put a lot of money into three card monte. Everyone I watch who plays it wins: it’s a sure bet.”