“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
Girlfriend on the blockchain, I know it’s serious.
“In reality, ‘blockchain’ has always just been an attempt to ride crypto’s cool factor. So if coins crash, people stop caring about blockchain.”
Bitfinex’s banking arrangements are fine — so long as you don’t try to get your money out.
China is worried about crypto mania affecting the real economy. So they’re pressing Bitcoin miners toward a phased shutdown, and ending subsidies on electricity and land.
Sichuan Electric Power Corporation is shutting down Bitcoin miners, as more hydroelectric plants join the grid. This comes just as Bitcoin Cash has been wielding miner support against Bitcoin. What happens next?