TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. This week, three threads are really worth reading. Peter Rizun shows how BTC issues led to the creation of Facebook Coin Libra. Brad Mills details the heartbreaking story of his grandfather being a loyal banking customer. CEO of crypto news outlet The Block reveals how the ecosystem is becoming more litigious by the second. Looks like we for sure know who is not Satoshi. BitMEX throws shade at Binance, and a very cruel wager is made.
Tweets of the Week #5 BTC Issues Created Facebook Coin
The scaling debate never seems to end, as the consequences continually rear back up. Bitcoin Unlimited’s Peter Rizun seized upon a recent podcast episode where Abra wallet’s CEO waxed about why Facebook Coin Libra was launched.
Indeed, why did ZuckCoin feel it necessary to reinvent the wheel, as it were? To hear/read Barhydt tell it, the choice came down to BTC developers’ intransigence regarding their refusal to raise block sizes to accommodate faster, less expensive micropayments.
Now listen from 37:40…
He said Facebook had no choice but to develop their own cryptocurrency, given BTC's inability to scale. Next he says, based on _actual conversations_ he had with those involved, that FB _preferred_ to use bitcoin but knew they couldn't due to scale.
— Peter R. Rizun (@PeterRizun) September 5, 2019
#4 Fantastic Thread: Banks Suck
Mandatory reading. Brad Mills’ grandfather was treated miserably by a prominent legacy banking institution after decades of being a loyal customer. Really pounds home the point things need to drastically change, and how maybe cryptocurrency is an answer.
1/ My grandfather needed to go to the TD bank to do some business when I was visiting this summer. He’s 84.
I needed a ride to the coffee shop for a meeting, so I asked if I could tag along.
He’s been a customer at the branch since his 20s. They all know him by name.
— Brad Mills [🔑] (@bradmillscan) September 10, 2019
#3 This is Really, Really Terrifying
To give a little window into our world, @TheBlock__ has been threatened with lawsuits dozens of times in one year over our research + analysis: not because it is inaccurate, but because it is so accurate that investors and others learn the truth about sketchy projects and people.
— Mike Dudas (@mdudas) September 15, 2019
#2 Not Satoshi
I don’t know how people genuinely believe @NickSzabo4 can possibly be Satoshi. Maybe it made sense when he was relatively unknown and “mysterious”, but now it’s clear that Nick is too politically engaged/non-technical minded and more ego driven, not traits of Satoshi.
— Cøbra (@CobraBitcoin) September 16, 2019
#1 Hayes Throws Shade at CZ
A bizarre claim from the CEO of Binance came recently, insisting a market maker from another, smaller exchange attempted to attack Binance’s new futures platform. The story goes the attacker was foiled by Binance’s ingenuity and craftiness, tying index prices to liquidations, ultimately preventing disaster. Hayes, CEO of BitMEX, wants the record corrected as to the innovation’s innovator.
Next time I’m down in Singapore @cz_binance please attend my running a crypto derivatives platform 101. I teach advanced cntl+C cntl+V methods. Price of entry … 51% of your equity. https://t.co/RYGkf4aJih
— Arthur Hayes (@CryptoHayes) September 16, 2019
#0 Not Very Nice
Can I get the over under on Samson getting dumped by this woman and going through and deleteing every picture he ever took with her in the next six months? pic.twitter.com/faqio9I1vI
— Vilecarlo The Tether Whisperer (@CasPiancey) September 14, 2019
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