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Telegram might not be the hero we expected — or even the one we wanted — but it may be our last, best hope for a future that doesn’t turn into a dystopian nightmare of panopticoins.
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“Libra is an opportunity for the American financial industry to leapfrog Alipay and other Chinese fintech, provide much of the world with sorely needed reliable banking and simply make doing business in America less expensive. “
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The correlation between Bitcoin and gold over the past year is 0.496. In the past three months, that shot up to 0.827, according to our analysis as evidence grows that investors – rightly or wrongly – see Bitcoin as a refuge in times of turbulence.
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The U.S. IRS has begun to focus on cryptos in general, potentially noncompliant taxpayers, and the perceived lack of proper reporting by taxpayers.
Kiffmeister’s Fintech Daily Digest 08/10/2019
