• Bitcoin price chart 03.13.20
    Opinion

    Bitcoin democratized finance once, but it can’t grow like that again

    Cryptocurrency prices will rebound once the panic subsides, but they will never do what Bitcoin did at the bottom of the Great Recession in 2009

    Looking back on the 10th anniversary of the “Great Recession” New York Magazine put it this way: “The older folks hoovered up gold, which basically doubled in value in the four years after the crash. Younger folks dove into cryptocurrency.”

  • Tether image money
    Opinion,  Tether

    Tether tries once again to prove it’s not being used by criminals

    By tapping Chainalysis’ anti-money laundering tools, the issuer of the world’s biggest stablecoin wants you to believe it’s on the job

    Tether, the company behind the world's most popular stablecoin, is doing its best to assure us that it is legitimate—and nobody is using tethers for any kind of funny business.

  • University of Texas Tower (via Wiki commons).
    Opinion,  Tether

    Tether/Bitfinex study gets updated while Crypto Twitter gets angry

    The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively

    The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.

  • Meltem Demirors of CoinShares interviewed by RealVision, October, 2019 (screenshot).
    Bitcoin,  Innovators,  Opinion

    Meltem Demirors questions Wall Street’s involvement in crypto

    But is it really such a bad thing?

    The union of cryptocurrency and Wall Street is much like a Medieval arranged marriage: A little bit of wealth is at stake but everyone seems miserable and most people involved are in need of a bath. Few are as upset about the whole thing as those who are involved in crypto for ideological reasons—or, at least, those who say they are.