“Contrary to popular opinion, it’s Facebook that will fail where Bitcoin has prevailed. Bitcoin is doing exactly what it’s supposed to be doing: creating a grass roots movement driven by individuals. The regulators cannot regulate Bitcoin because there is no-where to go, but regulators know how to access Facebook. They’ll turn up at Facebook’s shiny offices in Silicon Valley and shut the project down. Bitcoin has prevailed because regulators can’t shut it down. That means the regulators are having to find creative ways to protect consumers and they’re only at the start of that process.
Facebook is yet to confirm rumours of a coin and there is a good argument that says they don’t even need one. It would be better to mirror WeChat’s approach in China by giving users access to p2p payments through their app, similarly to PayPal. Only time will tell, but Facebook can’t launch a cryptocurrency in regulators backyards without being thrown out.” Mike Rymanov, CEO, DSX
Fight week is about to get Funky!
Signing in for the first time, @BenAskren. #UFC235 pic.twitter.com/OJ73KfQWyG
— UFC (@ufc) February 26, 2019
“I’m not sure I can buy that we’ve seen massive Bitcoin value destruction, I think we’ve seen massive value creation.” Apple Co-Founder Steve Wozniak
Ripple’s idea is that every single country should get its own market makers for exchanging XRP into fiat currencies.
This is so stupid only someone who doesn’t understand anything about banking and finance would think it’s a good idea.
Enter XRP shills.— Trolly McTrollface 🇱🇹🇺🇦 (@Tr0llyTr0llFace) February 2, 2019
I was invited to this conference. This right here would have been a breach of contract if they allowed it.
Good to know, adding the organizers to the blackest of blacklists.
Speakers in blockchain: you can (should) prohibit this kind of behavior in your contract. https://t.co/8CcleOlVR4
— Andreas (aantonop Team) (@aantonop) February 28, 2019
We’re happy to go on the record. Coinbase’s listing of XRP (also, not “our token”) was Coinbase’s independent decision – we did not give them anything to make it happen. https://t.co/xTVvACqsQa
— Miguel Vias (@miguelvias) February 27, 2019
“JP Morgan Coin could be internal, could be commercial, it could one day be consumer.” Jamie Dimon, CEO, JP Morgan Chase
I’m usually a defender of Coinbase (and many crypto entities that are imperfect). But there’s a line. Hacking team was both deeply unethical and literally criminal. Personally I couldn’t work with them. https://t.co/SbmRdHjX4s
— Ari Paul ⛓️ (@AriDavidPaul) February 27, 2019
https://twitter.com/barrysilbert/status/1101104336615194625
“While Ethereum upgrades usually fly below the radar, Constantinople promises to provide some important behind-the-scenes improvements to the Ethereum network. This is like overhauling the engine of a car – it won’t look any different, but it should be better and faster. This will cement Ethereum’s position as the king of development networks, by instilling more confidence in developers who choose to create apps and smart contracts within the Ethereum community.
What remains to be seen is the impact this upgrade has on price. While traditional economics suggest that any movement impacting the supply of an asset (as this upgrade will do) means the price will rise, what we can’t predict is how demand will change.” Mati Greenspan, Senior Market Analyst, eToro
Me: crypto taxes?
Accountant: Sure.
Me: So if I bought BTC and then exchanged it for ETH to open a CDP and then used my DAI to buy more ETH… what do I owe?
Accountant: the government doesn't understand what you're talking about
— Eva Beylin (@evabeylin) February 26, 2019
Square making money with Cash App:
Overall net revenue of $3.3B last year, 5% from Cash App.$BTC sales brought in $166M; cost of purchasing for the year was about $165M.
That left the firm with a net profit from bitcoin sales of $1.69 million.
Things starting to get real 🔥
— David Nage🎯 (@DavidNage) February 28, 2019
Ripple securities class action update: The Court has denied the plaintiffs' motions to remand. This means the case stays in federal court, a minor but meaningful victory for Ripple.
The plaintiffs will file an Amended Consolidated Complaint by March 30.https://t.co/4gdQVaCrlM
— Jake Chervinsky (@jchervinsky) March 1, 2019
“Bitcoin is a delusion.” Warren Buffett
Beware the Blockchain guru’s.
I’m far from an expert on anything. There’s some subjects that I know a bit more than most on – that still doesn’t qualify me as an expert. https://t.co/y70F4KtD6v
— Jon Walsh (@walshjonwalsh) February 28, 2019
“People have this fallacy idea that they’re going to make blockchain work inside the firewall. It’s all going to fail miserably.” Abra CEO Bill Barhydt
“What can we do to get more women in tech??”
In the immortal words of @karaswisher, “you literally just fucking hire them.”
— jill gunter (@jillrgunter) February 28, 2019
“Bitcoin is seen as mainstream today only from a speculators point of view. But people do not fully understand the benefits of using it as a currency yet – at a top level it’s cash for the internet and cheaper to transact with on the Lightning Network than with regular money. The reason why adoption has been slow is a solid bridge connecting it to the real economy doesn’t exist.
As a result, obtaining Bitcoin easily and safely, and being able to spend it on things we want is slow, disjointed and unreliable. With our partnerships with Bitrefill, Breez and Samourai, we will start to overcome these challenges, creating a seamless link between the digital currency and the real world. Once these worlds are joined up people can truly realise the full potential of Bitcoin.” Danny Brewster, Managing Director, Fastbitcoins
https://twitter.com/thomasschuiz/status/1100070694589743106?s=11
https://twitter.com/alecziupsnys/status/1100363642074263552?s=11
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.