News: KodakCoin is dead, XRP RIP, US on stablecoins, seasteading fails again
I get my crypto market insights by watching the remote-viewing guy draw pictures of his psychic impressions on YouTube.
Tag: stablecoin
Facebook’s Libra is now Diem; STABLE Act says stablecoins must get banking licenses
The US has a fair chance of obliterating the US crypto trading stablecoin market in the quest to rein in Facebook’s bad idea.
Facebook’s Libra may launch January 2021, with US dollars only — what this means
Paypal-but-it’s-Facebook, with US dollars. The European Central Bank is likely to still hate the idea.
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: Filecoin, CoinDesk, money-laundering busts, Libra barred until 2023, BitMEX and Roko’s Basilisk
Filecoin: Must die, bye bye, bye bye.
News: McAfee and BitMEX busted, don’t pay your ransomware, Morgan Beller leaves Libra, SEC beats Kik
Crypto asked for regulatory clarity, and they’re getting it! Good and hard.
News: DeFi in full mania, Australian Senate fintech report, Bank of England on Libra, Care Bears on the blockchain
HOW TO DESTROY ETHEREUM: use it for something. This cripples it every time.
News: Blockchain handouts, Wirecard UK, WhatsApp Pay Brazil, 10 billion tethers
It’s right there in the white paper — cryptocurrency is about government handouts.
Libra book cutting room floor: Libra as “stablecoin”; the early history of stablecoins
I wrote a short history of stablecoins for the prospective Libra book, but decided it was a bit of a digression. So I’ve posted it to the blog for your amusement instead.
News: Cooking Mama and blockchain, the Halvening and Bitcoin Cash, Simple Assurance of Future Trouble, Kraken, Craig Wright: Craigness
Markets are completely screwed, nobody knows what anything is worth, and the hard problem is keeping everyone in basic food and shelter. Nobody cares about your novelty crypto collectibles.