Crypto collapse: Reggie Fowler sentencing delayed, SEC charges Bittrex, Coinbase looks to leave the US, Scaramucci and FTX, Bitfinex, Ripple
We only ever post good news for bitcoin!
Tag: martin walker
Return to Nothingness: Big Crypto’s struggles with basic accounting and economics — by Martin Walker
The leaders of “Big Crypto” seem to have a huge problem understanding the basic concepts of conventional finance — such as balance sheets, auditing and cash flows.
Crypto Policy Symposium 2022 videos are up
All the videos in original running order.
News: El Salvador phone tapping, Bitcoin in Tonga, Associated Press NFTs, books
President Bukele’s office denies everything, and doubtless won’t rest until they find the real hacker.
Number go up with Tether — Musk and Bitcoin set the world on fire
Bubbles grow until they pop. Timing the pop, that’s the tricky bit.
News: Quadriga report, Coinbase VCs want to dump their dead altcoins, India to re-ban cryptos, Civil is dead
And some light summer reading.
News: 9 billion tethers, Reddit tokens, Kik is doomed, Singapore joins Libra, China’s CBDC — and J. K. Rowling asks about Bitcoin
And Investopedia are spammers, and you should remove any links to their site.
News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
News: Bitcoin’s $13,000 not-even-a-bubble, how Tether say Tether works, Craig Wright shows up in Florida, Facebook Libra
I’d question even calling this a “bubble” — because there’s no evidence of an influx of retail get-rich-quick dreamers. The only visible cause is manipulation.