A cashless society would be the nail in the coffin for liberty and freedom, offering centralization, the likes of which Marx could only dream. The existence of a government backdoor or spyware becomes a real possibility, and given the State’s track record, a real likelihood. Then, of course, the ability
FTX’s bankruptcy filing in the federal bankruptcy court on Thursday revealed many crazy things, like that most of FTX’s digital assets have not been secured.
The collapse of Sam Bankman-Fried and his fraudulent cryptocurrency empire at FTX is news at its most entertaining. Who doesn’t love the story of a bigshot billionaire revealed to be an outright fraud? It’s black-and-white. FTX owes billions in debt and doesn’t actually own a dime of the assets it
Many people believe that the government will shut down Bitcoin, but the chances of the government being able to ban it are low.
Breaking news throughout the first half of November has been dominated by coverage of the sudden collapse of FTX, one of the world’s biggest cryptocurrency exchanges.
Aseries of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and
Nick Anthony, a policy analyst at the Center for Monetary and Financial Alternatives of the Cato Institute, tweeted in response to the IMF executive’s remarks that CBDC would let governments control what people spend money on.
According to CNBC, Google is tying up with Coinbase for cloud payments with cryptocurrencies, but the agreement’s terms weren’t made public.
According to DappRadar, Decentraland, a $1.2 billion Metaverse project, has only 38 active daily users.
