TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. American actress Alyssa Milano gives her take on US monetary and fiscal policy. Bitcoin appears to be having a great year in Africa. CoinJoin privacy called into question by pioneer. India crypto custody rules turn grim, and Binance really is an ecosystem unto itself.
#13 Alyssa Milano Urges Brrr
It’s no secret the US is celebrity obsessed. From its political chief executive to advice on matters sacred and profane, Americans look to the famous for guidance. Alyssa Milano is a star of yesteryear, if we’re being honest, probably best known for her situation comedy work as a child (Who’s the Boss) and television role as a 20-something witch (Charmed), and is rumored to have been the ironic muse for Nirvana’s classic song, Smells Like Teen Spirit.
We are losing this battle.
And all these assholes are talking about our kids going back to school?! NOPE.
We need a NATIONAL shut down NOW. Print cash. Give people UBI until we get this pandemic under control. https://t.co/8f2MVFeRKg
— Alyssa Milano (@Alyssa_Milano) July 13, 2020
Today, she is more closely associated with progressive politics and activism on that front, often using her fame as a platform. Her expertise apparently is boundless, ranging from women’s and animals’ rights to now fiscal and monetary policy. Coronavirus and her political foes’ response (or lack thereof as she sees it) means the country’s central bank should “Print cash,” among other remedies.
Notable too is how the printer go brrr notion is paired with Universal Basic Income and a nationwide shut down of the world’s most valued economy. It would be easy to dismiss Milano as an aging starlet long-since past her prime, begging for any amount of attention she can muster. However, her thoughts and proscriptions are well-within mainstream progressive politics, and seemingly more voters are willing to consider inflating the US money supply as at least part of the solution toward avoiding complete economic meltdown.
#14 Fun Comparison
Fascinating! Here's an account of the actual physical currency, by denomination, printed by the Federal Reserve: https://t.co/CT94pcC0hT That $877.2 million budget should make for fun comparisons with the cost of crypto/users. pic.twitter.com/GRCeF7aKp3
— Michael del Castillo (@DelRayMan) July 17, 2020
#13 Bitcoin Having Huge Year in Africa
Bitcoin is having a huge year in Africa.
P2P volumes keep hitting ATHs (up 2.5x since March), and Nigeria's Naira just broke $10 million USD of volume last week.
That's more than any other fiat currency (except USD), and twice as much volume as the Venezuelan bolivar.
Wake up. pic.twitter.com/2qO0pR4DTH
— Kevin Rooke (@kerooke) July 14, 2020
#12 Interesting Window Into Nigerian Culture
So I randomly came upon this article from non-ethereum circles (@mwiyas) and was delighted to discover that in addition to the piece being an interesting window into Nigerian (and other) culture and language, the site accepts ETH for tips and has an ethereum-based comment system! https://t.co/neAD5sw9dv
— vitalik.eth (@VitalikButerin) July 14, 2020
#11 DEXs Easier to Use Than CEXs
The most insane part of 2020 is that DEXes are now easier to use than CEXs
1) No KYC
2) No Wait to Deposit
3) Newest tokens (COMP launched on DEXes first)
4) No "slide this piece of puzzle" game, no SMS confirm, no email confirm BS
5) Better UI
— Ivan on Tech (@IvanOnTech) July 14, 2020
#10 Blue Check Karen
You know, we wouldn’t have to worry about this sort of thing if cryptocurrency was illegal.
— Josh Barro (@jbarro) July 15, 2020
#9 It’s All About Focus
We use a few of these terms.
Should we remove them, or focus on keeping LBRY secure? https://t.co/2ggcgB8PFE
— LBRY 📚 🔬⚖️ 📣 (@LBRYio) July 16, 2020
#8 No Exchanges, No KYC
— 20 ฿irds (@20Birds_) July 16, 2020
#7 The Irony
lol wut pic.twitter.com/5dQZRdcFoX
— Pilsner_Maxwell (@Pilsner_Maxwell) July 16, 2020
#6 Anonymous Gold Standard
CoinJoin, CoinMix, CoinWhatever – absolute garbage (and I created the first CoinJoin impl)
MimbleWimble – interesting but worthless for privacy
Monero – marginally better but not anonymous
Lelantus – decent but still risky
Zero-knowledge accumulators – anonymous gold standard
— Amir Taaki (@Narodism) July 17, 2020
#5 Follow the Money
— Tom Robinson (@tomrobin) July 16, 2020
#4 Maximum Punishment – Life Imprisonment
Anyone providing #Crypto custodial services in India 🇮🇳 must know Section 409 of Indian Penal Code, 1860.
It provides for the offence of Criminal Breach of Trust by banker, merchant etc.
👉 Maximum Punishment – Life imprisonment.
👉Cognisable & Non-bailable.#TIL
— Crypto Kanoon (@cryptokanoon) July 18, 2020
#3 A World Unto Itself
— CZ Binance (@cz_binance) July 18, 2020
— CZ Binance (@cz_binance) July 19, 2020
#1 Big Fish Swallow Little Fish
— Will Price (@will__price) July 16, 2020
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DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.
DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.