You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
I changed my own Twitter avatar to a pentagon, to show my allegiance to the fiat petrodollar.
Maybe Libra was just very stupid. Because it was a blockchain project started by bitcoiners. Maybe it was always just dumb as hell.
NFT promoters need to be forced to walk the streets ringing a bell, yelling “UNCLEAN,” and wearing a scarlet ฿.
Phrases like “macro critical levels” are what central bankers say when they’re sounding the air-raid sirens.
The Diem Association is “effectively a zombie organization.” Ya think?
There’s no evidence that Facebook’s cleared Diem with regulators in the US, the EU and Switzerland — as they pinky-swore they would absolutely do before launch. But I’m sure they wouldn’t go back on their word.
A book excerpt! Cryptocurrency promoters never detail how they’re actually going to “bank the unbanked.” What would they need to do?
I’m doing the Blockchain Debate Podcast again on Thursday 17 December! My opponent on this question is Bryce Weiner.