Decentralisation was always a phantom. Every process in Bitcoin tends to centralisation. Plus: a history of Bitcoin Cash.
Asset bubbles are fragile, but we still have Tether.
Crypto: “Take us seriously!”
FinCEN, Treasury: “Sure!”
Crypto: “No, not like that,”
John McAfee did promise to eat his own dick if BTC didn’t hit $500,000 by the end of 2020. So maybe this is a last ditch McAfee penis pump.
Coinbase told the CFTC that their internal systems use a ledger in an ordinary database … because the Bitcoin blockchain couldn’t possibly scale to their transaction load.
How the Invisible Hand of the Market turned out to be SoftBank putting a Visible Thumb on the Scale of the Market.
Everybody is excited by the novelty of it all, and think that with so many different games, they can surely find one where they can win.
I recorded a video podcast with Rachel McIntosh from Finance Magnates yesterday, and it’s up already!
Last chance to buy under $100k!
I told you so. Thanks everyone, for this week’s game of “Bitcoin: Moon or Toilet”!