Friday, September 22, 2023
Coinbase: "What if we call them rewards instead of interest payments?"
Here's a question for you: which U.S. financial institutions are legally permitted to pay interest to retail customers? We can get an an...
Tuesday, September 19, 2023
How did Zcash avoid getting OFAC'ed?
The 2022 sanctioning of privacy tool Tornado Cash by the Office of Foreign Assets Control (or OFAC, the U.S.'s sanctioning authority)...
Tuesday, September 12, 2023
There are now two types of PayPal dollars, and one is better than the other
PayPal now offers its customers two types of U.S. dollars. In addition to having the option of opening a traditional PayPal account to maint...
Thursday, September 7, 2023
Circle says its USDC stablecoin was as diversified as possible. Is that accurate?
There's a good article by Leo Schwartz on stablecoin issuer Circle, which provides some clarity into last March's big depegging of ...
Thursday, August 31, 2023
Who are the money launderers in the Tornado Cash stack?
Over the last few years I've written a bunch of posts about Tornado Cash, an Ethereum-based mixing service, because I find it to be a f...
Tuesday, August 29, 2023
Who should pay for scams? Victims or their banks?
Scam call centre on CCTV, via BBC . Here's a question for you. Should banks be required to reimburse customers who have been scammed? I ...
Monday, August 21, 2023
Central bank digital currencies and the fallacy of immaculate adoption
I recently noticed that the Bank of Jamaica, Jamaica's central bank, has implemented two new marketing strategies to drive adoption of ...
Thursday, August 17, 2023
UK's core payments settlement system fails... again. Some thoughts
As they increasingly forsake cash, regular folks are making dozens of digital payments every month. What they don't realize is how this ...
Monday, August 14, 2023
Why bitcoiners should learn to accept bitcoin's ponzi nature as a good thing
When I describe bitcoin as a type of ponzi or pyramid , idealistic bitcoiners usually view this as an attack on the nobility of the bitcoin ...
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