Phew, what a scorcher! Why not sit back with a book or ten on the most fascinating subject in the world: financial shenanigans.
Pavel Durov is delighted to share that he can finally pay back the guys who put money into the Telegram ICO, and that he will continue to enjoy the use of his limbs.
“Bitcoin is Scientology with thetan resale value.”
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
And some light summer reading.
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
And the week’s opinion pieces — some sane and lucid … some not so much.
Also: I need titles for the sequel to Attack of the 50 Foot Blockchain!
When you can’t pound on the facts, pound on the table. A PR initiative that will convince nobody who they need to convince.