CategoryOpinion

Bitcoin 'Ponzi Scheme' Will 'End Very Soon': Craig Wright

bitcoin ponzi scheme

Self-proclaimed bitcoin inventor Craig Wright issued another ominous warning to crypto scammers: Your con game is over, and your bitcoin can be seized. In a foreboding August 2 blog post, Wright says the grifters in the crypto space are gasping their last breaths because their house of cards will soon crumble. "We are seeing the final desperate efforts of a bunch of conmen and felons who seek to...

Revealed: The Fines & Criminal Offenses Facing an Indian Crypto Adopter

India, bitcoin

After two years, a much-hyped consortium of bankers and legislators has proposed that the Indian government completely ban public cryptocurrencies (like Bitcoin). Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban — CCN Markets (@CCNMarkets) July 22, 2019 All the Ways A Typical Crim Can Break Indian Law with Bitcoin The same draft bill (“Banning of Cryptocurrency and...

Watch: Congress Slaps Facebook's Libra, Sings Bitcoin's Praises

Libra, bitcoin, Congress

Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook's foray into the radical new world of decentralized ledges has aroused numerous legislative and regulatory pushback efforts. Legislators Talking Bitcoin Maximalism? Run. Democrats in Congress have repeatedly called for a...

Ocasio-Cortez Attacks Facebook's 'Corporate Controlled Currency' Libra

aoc, libra

The Libra Association and Facebook took a lashing during their first day of congressional hearings on Tuesday. Wednesday wasn’t much better. Rep. Alexandria Ocasio-Cortez (D-NY) focused on a comment David Marcus, CEO of Calibra, made yesterday when he said he would trust all of his assets in Libra. “You said yesterday you would be comfortable taking 100 percent of your pay in Libra. In the...

Wall Street Screams 'Buy the Dip' Ahead of Netflix Earnings

Netflix

The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are on the FANG stocks, including content streaming behemoth Netflix, which will be reporting second-quarter earnings later today. The stock has already ballooned by more than one-third year-to-date, but given the bullish performance of other growth stocks, Wall Street analysts say NFLX has more...

Crypto Evangelist Ver Taunts Trump with P2P Bitcoin Cash Trading

Roger Ver, Donald Trump, Bitcoin

Users of local.bitcoin.com may have found a surprise on Twitter today: a Tweet directed at Donald Trump and Treasury Secretary Steve Mnuchin from none other than the site’s owner, Roger Ver. [email protected] @stevenmnuchin1https://t.co/iPs5rLuZ3b — Roger Ver (@rogerkver) July 16, 2019 So You Don’t Like Bitcoin? The troll-esque tweet does nothing but provides the two, officially on Twitter...

Donald Trump Finally Found a Market He Can’t Move - Bitcoin

When Donald Trump unleashed a savage bitcoin takedown on Twitter last week, a weird thing happened. Traders shrugged. If anything, the bitcoin price went up a little. Donald Trump, 45th President of the United States tweeted something negative about Bitcoin and the price went up slightly. Let that sink in. — Alistair Milne (@alistairmilne) July 12, 2019 You have to appreciate how resilient...

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