#theverge " #libertarians built a #bitcoin economy in a small #newhampshire town - then #feds tore it down": https://www.theverge.com/22599932/bitcoi.. Reality: #residents were told to record all #transactions as #church #donations to avoid #tax ... And people think the idea of the #newsmedia lying is a #crackpot #conspiracy ... It's all about #framing the story to make *your* point.
Apparently the #police out in #malaysia used a #steamroller to crush #bitcoin #crypto #mining rigs: https://www.vice.com/en/article/7kv739/p.. They say that the devices had been stealing #electricity for their operations.
Interesting, it seems like a #millionaire from #bitcoin #investment as built a #freespeech #phone https://www.lotuseaters.com/youngest-bit.. Not sure if there are enough #buynow buttons on the homepage: https://freedomphone.com/ Currently it doesn't mention #specs or even why it is #privacy first, or how it is different from #android - but could be interesting to watch at least.
Yeah, not ensure now is the right time to short #bitcoin - seems really early to me: https://www.tbray.org/ongoing/When/202x/.. I think you need to catch it just as other people are about to pull out.
One of the largest owners of #crypto #bitcoin dies at the age of 41: https://www.marketwatch.com/story/one-of.. Side #theory - somebody out there is killing large holders of Bitcoin to rise the price against actions #china ... Somebody holding over a billion dollars in #bitcoin would certainly be financially motivated to do it...
So apparently the #tethertoken (and #bitfinex too) - the #crypto pumping the price of #bitcoin is actually a #scam https://youtube.com/watch?v=-whuXHSL1Pg Seems like this entire house of cards could come tumbling down rather soon.
Interesting that the #netherlands #holland are now calling to ban #bitcoin - called it: https://cointelegraph.com/news/dutch-off.. The intrinsic value problem is one I agree with, but I suspect their biggest concern is #tax -ability. Banning #crypto is a global effort too: https://www.theguardian.com/technology/2.. I saw this coming months ago when there was a #green push.
More proof that #crypto is not stable - even the larger ones like #bitcoin https://www.cnbc.com/2021/06/08/bitcoin-.. It literally just fluctuated by 50%. Imagine going to buy your shopping and it costing double as much depending on the day you buy it on.
It looks as if #elsalvador is looking to adopt #bitcoin as their Country's #legaltender https://www.cnbc.com/2021/06/05/el-salva.. I'm sure this won't go badly...
I saw this #bbc story earlier, very funny to see people stealing electricity the mine #bitcoin https://www.bbc.co.uk/news/uk-england-bi.. They initially thought they would uncover an indoor #cannabis farm, but it turns out they are just doing pointless calculations instead. The mining itself is not illegal, so if they pay the electricity fine they should be getting their machines back in theory.