2024-05-01
> Roger > the very earliest day he is legally allowed to move out of the country > moves to Japan on that day > pay Japan taxes > also pay USA taxes > 9 years of paying Japan+USA taxes but only living in Japan > 2014, formally renounce USA citizenship > pay huge exit tax > 10...
Fortune
The US DOJ charges Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M
The Justice Department announced on Tuesday it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with mail fraud and filing false tax returns.
2022-10-17
After being “3 months away” for over 7 years, it seems ETH proof of stake may need yet further tinkering In fact, its adherents may abandon it, long before it reaches the point where it secretly wastes a quantity of unmeasurable resources equal in value to PoW https://twitter.com/...
CoinDesk
By Oct. 14, 51% of the blocks produced for Ethereum's blockchain adhered to the US Treasury's OFAC compliance recommendations that ban Tornado Cash transactions
Censorship has been a growing concern within the Ethereum ecosystem, especially since the advent of MEV-Boost after the Merge.
2022-06-14
Of all the maxis I know and follow (including myself), none mentioned Celsius ever, as far as I can recall I'd never heard of it until today But yes, sure: 1. not your keys not your coins 2. 20% ROI on debt always implies large default risk https://twitter.com/...
Bloomberg
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28
(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitco...
Of all the maxis I know and follow (including myself), none mentioned Celsius ever, as far as I can recall I'd never heard of it until today But yes, sure: 1. not your keys not your coins 2. 20% ROI on debt always implies large default risk https://twitter.com/...
CoinDesk
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed
CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .
2018-01-02
No one ever got around to solving Ripple's biggest incentive problem: the fact that one group controls *nearly all* of the XRP. What a hot potato that is!! All of the controllers will eventually be cashing out, abandoning the project, and fleeing for their lives.
CNBC
Ripple surged 50%+ on Friday and is now valued at ~$85B, surpassing Ethereum's market cap and becoming the second-most valuable cryptocurrency
No one ever got around to solving Ripple's biggest incentive problem: the fact that one group controls *nearly all* of the XRP. What a hot potato that is!! All of the controllers will eventually be cashing out, abandoning the project, and fleeing for their lives.
Forbes
Ripple may be a great blockchain-based tech for banks, but the valuation of its XRP token reflects the unlikely hope it becomes a global reserve cryptocurrency
Kyle Samani / Forbes :
2018-01-01
No one ever got around to solving Ripple's biggest incentive problem: the fact that one group controls *nearly all* of the XRP. What a hot potato that is!! All of the controllers will eventually be cashing out, abandoning the project, and fleeing for their lives.
CNBC
Ripple surged 50%+ on Friday and is now valued at ~$85B, surpassing Ethereum's market cap and becoming the second-most valuable cryptocurrency
Evelyn Cheng / CNBC :
No one ever got around to solving Ripple's biggest incentive problem: the fact that one group controls *nearly all* of the XRP. What a hot potato that is!! All of the controllers will eventually be cashing out, abandoning the project, and fleeing for their lives.
Forbes
Ripple may be a great blockchain-based tech for banks, but the valuation of its XRP token reflects the unlikely hope it becomes a global reserve cryptocurrency
In August, the hedge I cofounded, Multicoin Capital, published an analysis of XRP, the native token of the Ripple network.