Last month Chamath Palihapitiya said something really mesmerizing in response to SEC actions and Coinbase’s move offshore.
“Crypto is dead in America. You had Gensler (note: Gary Gensler, the chair of the U.S. Securities Exchange Commission) even blaming the banking crisis on crypto. The United States authorities have firmly pointed their guns at crypto”
We couldn't help but ask our colleagues what they thought about it.
🙋🏻♂Bryan, Head of the USA Sales
"While the US is awesome in many regards, our crypto/banking/financial regulatory environment is one of the worst in the civilized world. This drives a lot of innovation, like Minto, to places like Dubai.
That being said, mining is very popular in the United States, and there are some relatively good opportunities there."
🙋🏼♂Matt, Minto's US Corporate Sales Manager
"I actually really like Chamath Palihapitiya, a supporter of bitcoin as early as 2013, but this is equivalent to saying the internet is dead in America. Crypto, like the internet, actively shifts the entire global paradigm. It would be nice to know what metrics he's using to proclaim the death of crypto in America. Chamath is incredibly smart, so I'm assuming he's postulating that the constant baseless claims and increasingly aggressive tactics coming down from Gensler and the SEC will continue to amplify, create more disruption, and the eventual relocation of exchanges with services to deposit and withdrawal USD from US banks."
🔔 You have a new update. Get a hold of yourself - this one is grand!
*dramatic pause*
We are almost ready to present updated Autofarm v.2 (aka Auto staking). Why?
➡️ The auto staking smart contract was created for the HECO chain — and was perfect for it. But as we moved to the BNB chain, we felt the urge to optimize it. ➡️ Optimization of the smart contract will directly affect its energy consumption. Less gas—fewer fees! ➡️ Autofarm v.2 will also support any decentralized exchanges and pairs. Now it’s intended only for BTCMT<>BTCMT.
This is just a teaser. Of course, we will implement all updates only after a vote and only if the majority votes for it.
Banking On Bitcoin (2016) IMDb: 6.6 How will Bitcoin shape our lives? This is the idea circa 2016 (and probably today, too).
Bitcoin: The End of Money As We Know It (2015) IMDb: 6.9 Is Bitcoin an alternative to national currencies backed by debt? The film traces the history of money from the ancient to the modern world.
Dope (2015) IMDb: 7.2 90s vibe, hip-hop, a geek from a tough neighborhood dreaming of Harvard, drug trafficking for crypto — sounds like the right combo for the night.
Startup (2016 — 2018) IMDb: 7.8 TV series about the three creators of GenCoin, a brilliant yet controversial digital currency idea, and one FBI agent (Martin Freeman) trying to take them down.
Mr. Robot (2015 — 2019) IMDb: 8.5 Cult story about a cyber-security engineer and vigilante hacker (Rami Malek) who joins a group of activists aiming to destroy all debt records by encrypting the financial data of the largest conglomerate in the world.
