Wednesday , April 21 2021
Home / FT Alphaville / When bitcoin bros* talk money-printing

When bitcoin bros* talk money-printing

Our favourite non-self-identifying bitcoin bro, Anthony “Pomp” Pompliano, co-founder of Morgan Creek Digital Assets, seems quite excited this week. Yes, sure, bitcoin might be down 18 per cent since its all-time high above ,000 on Sunday, but it turns out that bitcoin can — at least to a certain extent — weather bad news about Tether: So yeah! Remember that? Silly fools trying to argue that Tether, the dollar-pegged stablecoin that is used for most bitcoin trading, is not actually backed by real dollars and is some kind of racket or something. Who would believe such a thing?? Umm . . .  So yes, that was Pomp back in 2017, getting it . . . right. The New York attorney-general’s almost-two-year probe into the company concluded this week that Tether did not have the

FT Alphaville considers the following as important:

This could be interesting, too:

Laura Tyson writes Productivity After the Pandemic

FT Alphaville writes A farewell to forward guidance at the Fed

Mark Cliffe writes The Case for Green Consumer Taxes

Jeffrey D. Sachs writes The Xinjiang Genocide Allegations Are Unjustified

Our favourite

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *