One for crypto fans, but surprisingly good for a Kindle Unlimited quickie.
When you take dumb ideas, but you put some serious real-world power behind them … they’re still dumb ideas.
FINMA published their guidance on stablecoins today — answering a request from Libra, but covering the stablecoin area more broadly.
I asked some crypto contacts what questions normal people have been asking them about Facebook’s whacky crypto-Bitcoiny thing — and any questions they had themselves.
BITCOIN IS IMMUNE TO GOVERNMENT CONFISCATION! Except if you’re in real life.
I wonder how Telegram’s regulatory efforts are going — given how much their GRAM plan looks like Facebook’s Libra.
“Hey everyone. Is it normal and safe to buy bitcoin by mailing envelopes full of cash to someone? Let me know.”
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.
“Well, let me get this straight. A company you didn’t buy until 2014 is listed as a beneficiary of a trust document you claimed was formed in 2012?”