TOP CRYPTO TWEETS Charlie Shrem Denied CashApp Acct, Lightning Turns 5, @Bitcoin is Creepy

TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. Bitcoin legend Charlie Shrem still feels the impact of his felony. Lightning Network is officially half a decade old. The @Bitcoin Twitter account is getting creepier and creepier, and a lot more in this week’s installment.  

#9 Charlie Shrem Denied CashApp

Charlie Shrem has the dubious distinction, after that of a Bitcoin early adopter, of also being among its first felons and certainly its most high profile at the time. In late 2014, Shrem was arrested for alleged connection to money laundering involving the infamous Silk Road site. He ultimately pled to lesser charges and a fine of nearly $1 million, and served slightly over a year in a US federal prison.

The rush to embrace legacy finance by certain elements of the Bitcoin community inevitably comes with unintended consequences, especially as they relate to regulations and standard practices. While Shrem reportedly is worth tens of millions, his felony conviction of a few years back still looms in contrast to his crypto passion at least when he interacts with corporate financial institutions.

“Kinda makes it difficult to bank the unbanked,” he lamented. Some commenters suggested using Square’s CashApp, to which Shrem noted, “I already failed compliance.” He was also counseled to try Coinbase, to which he offered the same basic response.

#8 The Cartel is Probably Cheaper

#7 Who Even Takes These Influencers Seriously?

#6 Lightning Network Turns 5 Years Old

#5 The End Game of All the Money Printing

#4 @Bitcoin Demands Obedience

#3 Proof of Work Still Dominates

#2 @Bitcoin Account Gives Me the Creeps

#1 That’s History Right There

#0 BTC OG Has No Balls

Andreas Antonopoulos

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