You know how your wife says she wants something, then she doesn't, then she does, and by the time you've figured out which it is, she's done decided she wants something else? I don't mean to sound sexist. I know some guys who do this too, but I'm not married to any of them. So I'll just put a name to this right now. It's called Facebooking, and if it's ever been done to you, you'd probably like it.
Image from Pixabay
Grab a beer, folks. It's Facebooking time.
Crypto News
So the big news this week is #Facebook pulled a Facebook. Remember a while back when they decided they didn't want to allow crypto ads of any kind? At first they did. They allowed crypto ads of every kind. Then they decided to lock up the canal and send all the boats back to their various harbors. Well, it seems they've performed a reversal of their reversal. They're now allowing crypto ads, so long as those ads don't advertise evil ICOs.
So I figure, if there's a lot of insecurity around crypto exchanges, it must be because there's a clan of ladyfolk hoarding Bitcoin somewhere. Most likely in somebody's man cave. And probably in Korea where the latest heist took place. Hey, I'm just jabbering because it's almost 11 p.m. and I'm losing beauty sleep. But I thought you should know, somebody's done gone and put together a whole list of crypto security breaches that have occurred so far this year. You knew it was bound to happen, didn't you?
So I'm feeling a little bit insecure now because one of my favorite crypto exchanges, #Binance, went down for some maintenance and went down just a little too long. (That's something I thought I'd never say.)
But the good news for Binance, or one of his girlfriends, is it has a fastest cryptocurrency and it's name is #Nano. Surprise! Bingo was not his name-o.
In the United Kingdom, #Coinbase decided to support the British sterling because, well, it's the UK. So why not?
In the mean time, the People's Bank of China filed a crypto patent that pretty much says they intend to go hybrid on their digital currency plans. I guess I can't blame them. They've been Facebooking crypto all year.
Crypto Analysis
So Bitcoin has been dancing around the $6,000 mark for a few days now, and some folks are saying it's like the South and gonna rise again. Other folks are saying it's like a rock and it's going to fall until it hits bottom. But one guy says it's going to dip below $6K again, and then dance the rhumba.
I'd like to see that.
Back in the old days, when good clean folks like Bonnie and Clyde, and that tax evader Al Capone, robbed banks for a living, the keystone fellows just hopped on their bicycles, or favorite paddy wagon, and chased them until they ran out of breath. Today, there's a whole new way of catching money thiefs--because they're stealing digital money--and that way is the use of digital technology that is a bit like a Tommy gun, but for blockchain cops.
Image from Pixabay
Now, here's a good one. A published report (and who doesn't believe those?) shows that central bank digital currencies could provide more financial stability as long as they aren't cryptocurrencies--because those thangs are just too doggone volatile.
Come again?
Image from Pixabay
Okay, so forget the head scratching. If you've ever wanted to know who are the people leading the blockchain revolution, it's these folks. By the way, one of them is a Steemit guy, so be sure to give him a shout out.
Speaking of insecurities, #Ethereum has been feeling it a little lately. And that's why her soul searching is far from over.
And if you think this Facebooking thing is done, ha!, it's just beginning. In fact, I just Facebooked you and you didn't even know it. It turns out that cryptocurrencies are way more secure than you think. Stick that in your crypto breaches and set it on fire!
One final thing: If you think I take money, love, favors, or firecrackers for mentioning these companies in my posts, you'd be wrong. I'm nothing more than the humble #editor at Blockchain Times, where you can see more great crypto news like this (without all the snark).
#BlockchainTimes #Crypto-News #Crypto-analysis #Steemitbloggers
Join us
Animation By