Looks like Americans are going to be learning all about digital currencies soon…
LONG READ: The Chain of Consensus — The Cartel Behind the Blockchain…
While often pitched as decentralized, the key infrastructure upholding consensus on Ethereum has been dollarized by stablecoin issuers. These same entities, in addition to the currency speculators behind Block.One, were willing partners in the set up and take down of Terra-LUNA and FTX…
U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed’s Gold, Draft Bill Shows…
The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk…
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench U.S. Financial Hegemony…
Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance…
Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of ‘Silk Road’ Tokens…
The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence….
Robert F Kennedy Jr Wants to Put the Entire U.S. Budget on a Blockchain…
Robert F. Kennedy Jr. “We’re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody’s gonna know about it.”…
What Happened to Bitcoin?…
Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio…
Donald Trump Vows to ‘Never Allow’ Central Bank Digital Currencies if Elected…A Man after My Own Heart…
Former President and front-runner in the Republican leadership race, Donald Trump, has promised to ban the creation of a central bank digital currency (CBDC) during a campaign stop in New Hampshire…
Here Come “Programmable Dollars”: New York Fed and 12 Banking Giants Launch Digital Dollar Test…
Never let a crisis go to waste. Or a market crash for that matter…
As the Speeding Crypto Train Crashes, Scientific and Engineering Experts Tell Congress that Both Crypto and Blockchain Were a Sham from the Beginning…
Crypto pushers hired themselves Trump’s outgoing SEC Chairman, Jay Clayton; a boatload of celebrities like Matt Damon (see his commercial below), LeBron James, Spike Lee, Tom Brady, Alec Baldwin, among numerous others; and high-priced lobbyists to sway Congress and state legislatures to back off any regulatory push. Crypto even slapped its name on sports stadiums and arenas – similar to Enron and Citigroup just before they blew up from specious business models…