Time’s are tough for Silk Road Founder and hitman-hirer Ross Ulbricht. He is serving double-life plus 40 years without the possibility of parole for running a website that sold guns, drugs, and murders for bitcoin. Now he wants the world to see prisoners through his own eyes. It’s not going well.
The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)Why Facebook should pay every user at least $50 to use Libra
If Facebook wants to put a price on a line of code, they need to learn to value their users’ data
Expanding its user base to the “unBooked” in the developing world won’t replace us high-dollar users in wealthy countries. But giving users $50 to try out the new payments system would show users than Facebook does respect and value your data and privacy.
Mural "tankman" in memory of the Tiananmen massacre of 1989. Vogelsanger Straße 283, 50825 Köln-Ehrenfeld (via Wiki Commons).30 Years Later, Tiananmen Square a reminder of Chinese threat to innovation
China may be able to add another arrow to its quiver of intellectual theft: cryptocurrencies
The most promising aspects of digital assets—transactional speed and freedom, financial inclusion, and most of all anonymity—are antithetical to Chinese Communist values. And yet, in many respects, China has taken the lead on investing in this burgeoning technology.
We use this chart in the story but it was so good, we decided it should be the piece's thumbnail, too (ModernConsensus.com)The Big Picture: Retail suckers will pay for the Bitfinex/Tether fiasco
It’s one of the worst kept secrets in crypto: The recent rally in Bitcoin came from a massive issuance of tethers.