Monthly Archives: November 2020

FATF ruins Thanksgiving

Crypto swoons on rumors about this tweet from Coinbase CEO Brain Armstrong: https://twitter.com/brian_armstrong/status/1331744884856741888?s=20 The Financial Action Task Force may be imposing Travel Rule regulations sooner than later. This could mean a lot of things but the short version is in addition to KYC you may need to show proof of funds on HOW you acquired any crypto you already own. …

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What Does Unbounded Bitcoin Mean?

Humans evolved to develop language to describe our experiences and Science to describe all matters of the Universe. However, there are a few concepts that still boggle the mind, e.g., exponential growth and unbounded scale. Our brains have difficulty processing the concepts exponential growth and unbounded scale. This video example of Exponential Growth by Chris Martenson is worth watching as a warm up …

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FEAR, GREED AND TETHER

Like the PreCogs in Minority Report, I am reporting a murder. The murder will take place sometime in 2021 and the victim will be Tether. The murderer will be the US Government. The motive, this weekly chart of ~15B of Tether created out of thin air with no USD backing:   The resolution of Tether’s money printing is going to …

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Divided States of America

The USA is in day 2 of an election that may end up being decided by the Supreme Court. In my opinion, the election is a good news / bad news scenario. Whoever loses, that’s the good news. The bad news is the other guy won. I was struck by the mundane items that were on the California mail in …

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$1 BILLION IN BTC ON THE MOVE

There is a BTC wallet that just moved ~$1 Billion USD. Here’s the address and the search results for BTC, BCH and BSV from blockchair.com: 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx Due to the age of this address the owner has coins on BTC, BCH and BSV. These transactions are only a few hours old but so far the BTC and BCH have moved while the …

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