A Rant About Coinbase ‘Media’ and Coinbase ‘Fact’ ‘Checking’

Photo by brotiN biswaS on Pexels.com Protos reported that Coinbase was aggressively looking for a 'top media editor'. It clearly seems intended for Coinbase to build up a content marketing team that will help them manage their own image. https://protos.com/coinbase-crypto-exchange-media-content-marketing-journalism/ http://web.archive.org/web/20210529221305/https://protos.com/coinbase-crypto-exchange-media-content-marketing-journalism/ Now I can hear your objections already, that perhaps I am being too harsh … Continue reading A Rant About Coinbase ‘Media’ and Coinbase ‘Fact’ ‘Checking’ →

Sunday Reads – Things I Found Interesting 2021-05-30

Ethereum Vitalik breaks down the limits to scaling. Hard Forks Eric Wall shares a flowchart from the Segwit2X Bitcoin scaling debate that can serve as a useful model for understanding contentious hard forks. https://twitter.com/ercwl/status/1397977347572310018 Steve Bannon's Italian Gladiator School for Western Culture Ben Munster breaks down the absurdity of the above phrase. ICYMI https://bennettftomlin.com/2021/05/23/tether-and-bitfinex-are-unacceptable-the-fundamental-divide/ In … Continue reading Sunday Reads – Things I Found Interesting 2021-05-30 →

Why it makes sense for Coinbase to list Tether

I have recently been asked several times why would Coinbase list Tether. Especially among the revelations of the NYAG and the general controversy surrounding Tether. Fundamentally, what I believe it comes down to is money and knowledge. Coinbase Pro FeesGemini ActiveTrader FeesFTX.US FeesCoinbase Fees Coinbase USDT pair volumes as of 5/29/21 per CoinMarketCap The most … Continue reading Why it makes sense for Coinbase to list Tether →

Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner

In this episode Cas and I take a look at the payments processor for Bitfinex, Tether, Kraken, Quadriga, and Bitmex. They’re implicated in money laundering for the cartels, wire fraud, bank fraud, embezzlement, and more. Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics' Corner https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/bPAfTQjMkbk In this … Continue reading Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner →

Tether and Bitfinex are Unacceptable: The Fundamental Divide

It can be difficult to talk about Tether, not because there is disagreement on the essential facts, but due to the lens through which these facts are viewed. The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that … Continue reading Tether and Bitfinex are Unacceptable: The Fundamental Divide →

Sunday Reads – Things I Found Interesting 2021-05-23

Stu claims many things, all on his personal Medium Stu felt he had to respond to posts like mine here: https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ SafeMoon the US Based, Ponzi-like, FBI Related Token SafeMoon is a popular cryptocurrency (especially on places that prey on unsophisticated investors like TikTok) and based on reporting by Protos Media it seems to be … Continue reading Sunday Reads – Things I Found Interesting 2021-05-23 →

My Appearance on COINTELPRO

https://youtu.be/Ey9ngsxG9sE?t=1079 Cointelpro is a new podcast that I went on, quite different from other ones I've done. Much broader in scope and much less focused on crypto. My interview starts a little after the 15 minute mark. We discuss what is crypto, why is crypto, and how does crypto inherit from classic American con men. … Continue reading My Appearance on COINTELPRO →

Sunday Reads – Links I Found Interesting 2021-05-16

https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf Tether Releases Asset Breakdown I wrote up my thoughts on it here. https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ Cas Piancey and I also did a podcast episode on it: https://bennettftomlin.com/2021/05/15/new-episode-of-tether-a-stable-discussion-with-cas-piancey-tethers-pie-charts/ David Gerard wrote up his and seems to have trouble determining what a 'reverse repo note' might be: https://davidgerard.co.uk/blockchain/2021/05/13/tether-publishes-two-pie-charts-of-its-reserves/ http://web.archive.org/web/20210513214721/https://davidgerard.co.uk/blockchain/2021/05/13/tether-publishes-two-pie-charts-of-its-reserves/ Amy Castor (archive) also wrote up her thoughts on … Continue reading Sunday Reads – Links I Found Interesting 2021-05-16 →

Wildcat Banks, Liberty Reserve, and Tether

Photo by Mikhail Nilov on Pexels.com Understanding the role of wildcat banking in the United States is an important portal into the modern role of Tether in crypto. Wildcat banks were banks that were not bound by federal regulations and thus these banks were often under-collateralized and were issuing their own currencies that could only … Continue reading Wildcat Banks, Liberty Reserve, and Tether →

New Episode of ‘Tether: A Stable Discussion’ with Cas Piancey: Tether’s Pie Charts

Episode One Episode Two Episode Three https://www.youtube.com/watch?v=VgYiujCUI_o My co-author and friend Cas Piancey and I got together to discuss the recent pie charts released by Tether. You can find the discussion of it here: AnchorSpotifyOvercastAppleRSS Feed You can find my article on this topic here: https://bennettftomlin.com/2021/05/13/for-every-1-of-tether-there-are-0-03-in-cash/ And Cas' here: https://protos.com/tether-pie-chart-usdt-dollar-pegged-crypto-stablecoin-dollar-value/