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VOICE ARCHIVE

Steve Hanke

@steve_hanke
26 posts
2025-07-06
The U.S. Congress has officially designated July 14-18 as “Crypto Week.” THE CRIMINALS ARE NOW SPRINKLING HOLY WATER OVER THE CRIMINALS' CURRENCY OF CHOICE. https://x.com/...
2025-07-06 View on X
Cointelegraph

House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act

Jesse Coghlan / Cointelegraph :

2024-07-15
At 7:40 pm ET, following reports that Pres. Trump was SHOT IN THE EAR at his Saturday rally, his chances of winning the 2024 US Presidential election have SURGED by 10 percentage points in the past hour. He now leads with a 68% chance of victory in Polymarket. [image]
2024-07-15 View on X
Wall Street Journal

A look at Polymarket, a crypto-based prediction market with a focus on elections that has raised $70M+ and traded $350M+ in predictions on the US election

2024-07-14
At 7:40 pm ET, following reports that Pres. Trump was SHOT IN THE EAR at his Saturday rally, his chances of winning the 2024 US Presidential election have SURGED by 10 percentage points in the past hour. He now leads with a 68% chance of victory in Polymarket. [image]
2024-07-14 View on X
Wall Street Journal

A look at Polymarket, a crypto-based prediction market with a focus on elections that has raised $70M+ and traded $350M+ in predictions on the US election

Prediction markets can provide a clear signal through even the most deafening noise.  That's why Americans are obsessively refreshing this one.

2023-03-04
The US Dept. of Commerce is imposing a new rule targeting China: chipmakers that receive federal funds must agree not to expand capacity in “foreign countries of concern” for the next 10 yrs. INDUSTRIAL POLICY ON STEROIDS. https://www.ft.com/...
2023-03-04 View on X
Financial Times

The US imposes new rules requiring that CHIPS Act beneficiaries agree not to expand manufacturing capacity in “countries of concern”, like China, for 10 years

Commerce department imposes new rules on beneficiaries of $39bn programme  —  Chipmakers must agree not to expand capacity …

2023-01-12
As former President Nazarbayev's advisor from 1994-95, I found the following to be of interest: Sam Bankman-Fried's hedge fund made a $1 billion bet on Genesis Digital Assets, a company whose plan was to set up a Bitcoin data-mining center in Kazakhstan. https://www.wsj.com/...
2023-01-12 View on X
Wall Street Journal

Sources: Alameda invested $1.1B+ in Genesis Digital, including $500M to buy the co-founders' shares; the bitcoin miner is among FTX's largest bankruptcy assets

As former President Nazarbayev's advisor from 1994-95, I found the following to be of interest: Sam Bankman-Fried's hedge fund made a $1 billion bet on Genesis Digital Assets, a company whose plan was to set up a Bitcoin data-mining center in Kazakhstan. https://www.wsj.com/...
2023-01-12 View on X
Axios

Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty

Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.

2022-12-15
FLASH: Ryan Salame, co-CEO of FTX's Bahamas operation, SNITCHED on SBF. He told the Bahamian authorities that FTX's customer funds were used to cover losses for Alameda Research, SBF's crypto-trading hedge fund. Thanks to Salame, a CON MAN is behind BARS. https://www.ft.com/...
2022-12-15 View on X
Financial Times

Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses

FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm

2022-09-05
Ships are faking their GPS coordinates in order to evade Western sanctions on Russia. Instead of stopping the war in Ukraine, sanctions are spawning mafia-like activities on international waters. Sanctions never work. They are always counterproductive. https://www.nytimes.com/...
2022-09-05 View on X
New York Times

US officials say large ships are increasingly manipulating their GPS-based automatic identification systems, or AIS, to evade international laws and sanctions

2022-05-05
In a survey by the U.S. National Bureau of Economic Research, only 20% of respondents in El Salvador indicated using the Chivo wallet after spending the initial $30 signup bonus. Salvadorans have clearly not bought into Pres. Bukele's Bitcoin blunder. https://www.bloomberg.com/...
2022-05-05 View on X
Rest of World

Survey of 1,800 households in El Salvador shows 61% have abandoned the Chivo bitcoin wallet after withdrawing a free $30 sign-up bonus

Those who stayed are not on the Chivo app for what was intended, using it to keep their dollars safe rather than for crypto.  —  • BOGOTÁ, COLOMBIA Tweets: @antoniocasilli , @cengi...

2021-11-14
#Bitcoin just announced its first upgrade since 2017, making transactions more private, efficient, and less expensive. Good news for money laundering, tax evasion, and other illegal activities. The crooks must be jumping for joy. https://www.cnbc.com/...
2021-11-14 View on X
The Block

Taproot, the first major upgrade to Bitcoin's code since the introduction of Segregated Witness in 2017, has been activated

Taproot, Bitcoin's long-anticipated code upgrade with a focus on enhancing the network's privacy and security, has been activated.

2021-10-11
.@nayibbukele's #Bitcoin Law is already causing legal and regulatory problems in El Salvador. Bukele's $30 promise to new Chivo wallet users has ushered in a wave of identity theft and cybercrime investigations. It won't be long before ELSL is sanctioned. https://cnnespanol.cnn.com/...
2021-10-11 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

One month into @nayibbukele's crackpot #Bitcoin experiment, Salvadorans still aren't taking to BTC like ducks to water. 93% of companies still haven't received any payment in BTC, & only 12% of consumers have used BTC to pay. Salvadorans love their dollars https://www.reuters.com/...
2021-10-11 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

Forbes staffer @Avik claims the Chivo wallet's 3M downloads signals success for ELSL's Bitcoin Law. But, is allowing the govt to track all transactions via Chivo a success or a massive invasion of privacy? Forbes has bitten into Bukele's totalitarian bait. https://www.forbes.com/...
2021-10-11 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

.@nayibbukele is championing #Bitcoin as the currency of the future for El Salvador. He claims that Salvadorans are welcoming the change with open arms. Totally false. Bukele is and remains dangerous and delusional. https://twitter.com/...
2021-10-11 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

2021-10-10
.@nayibbukele is championing #Bitcoin as the currency of the future for El Salvador. He claims that Salvadorans are welcoming the change with open arms. Totally false. Bukele is and remains dangerous and delusional. https://twitter.com/...
2021-10-10 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

As cryptocurrency enters global finance, an experiment in El Salvador could offer clues on whether it will bring a more libertarian economy or greater government control.

One month into @nayibbukele's crackpot #Bitcoin experiment, Salvadorans still aren't taking to BTC like ducks to water. 93% of companies still haven't received any payment in BTC, & only 12% of consumers have used BTC to pay. Salvadorans love their dollars https://www.reuters.com/...
2021-10-10 View on X
New York Times

Imposition of bitcoin on El Salvador's unwilling population by the increasingly authoritarian ruler Nayib Bukele is testing BTC's promise of financial liberty

As cryptocurrency enters global finance, an experiment in El Salvador could offer clues on whether it will bring a more libertarian economy or greater government control.

2021-09-25
In the minutes following China's crypto ban, #Bitcoin's price tumbled more than 9% to $41,083. This decision was made 9,000mi away from ELSL, but caused an instantaneous loss of ~$3.5mm worth of Salvadoran taxes. Just more dips to buy right, @nayibbukele? https://www.reuters.com/...
2021-09-25 View on X
CNBC

China's central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal

- The People's Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.

The price of #Bitcoin tanked over 9% to $41,083 following China's crypto ban announcement. Why should decisions made by the Communists in Beijing impact the assets of everyday Salvadorans? Because @nayibbukele is speculating with taxpayers' money. https://www.bbc.com/...
2021-09-25 View on X
CNBC

China's central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal

- The People's Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.

2021-09-08
.@nayibbukele marches on with his crackpot Bitcoin speculation. After the President bought an initial 400 #BTC for #ElSalvador, the crypto crashed. What did Bukele proceed to do? Purchase another 150 BTC to “buy the dip.” ELSL's finances are at risk. Financial madness. https://twitter.com/...
2021-09-08 View on X
CoinDesk

President of El Salvador says the country bought 550+ bitcoins on Monday, as the law making bitcoin legal tender in El Salvador goes into effect

even if only as a reserve asset—as its design massively incentivizes early adoption. Latecomers may regret hesitating https://twitter.com/... @binance : Welcome to #Bitcoin, El Sal...

El Salvador's #BTC law has already run into problems. Salvadorans that had been promised $30 of BTC in the Chivo digital wallet found it was missing. Now @nayibbukele has unplugged the digital wallet. It's the beginning of currency chaos. https://www.reuters.com/...
2021-09-08 View on X
Reuters

Bitcoin fell 17%+ to ~$43K before rising to $47K as El Salvador adopts it as legal tender, where high demand led to the Chivo wallet being temporarily unplugged

The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags …