Hollywood Crypto headlines, with all of the predictability
Before I get to today’s links, we’ve got an awesome Sunset Crypto Podcast interview coming next week, so stay tuned for that. If there are specific people you want us to try to get on the pod going forward, hit us up on Twitter — @UncryptWill and @Uncrypt_Vlad.
The theme of today’s links is deja vu.
Prices are up, then they’re down, and up again. Countries are passing laws about crypto. The SEC is is looking at crypto exchanges and companies with a critical eye. Central bankers the world over, pearls firmly in hand, are here to tell you that cryptocurrency needs to be regulated (please, tell me more!) and might be used by dangerous criminals if not reined in (oh, no!).
If it feels like you’ve seen these movies before, that’s because you have. Like Hollywood, the crypto headlines have run dry on original stories and they’ve resorted to swapping new actors in for remakes of previously cherished ideas and plot lines.
Here’s the cool thing though — the more mundane this stuff becomes, the more mainstream and accepted crypto gets!
Today, we were treated to the news that Uber co-founder Garrett Camp has decided to launch his own digital currency. Normally I’d be more excited about this, but I suspect that famous people launching their own coins is about to become really common. Expect more big names in business, music, sports, media, and every other flashy industry to launch coins, because why the hell not?
TechCrunch has you covered on the full story.
- Mexican government decides crypto is a commodity, not currency — (CoinDesk)
- Decentralized exchange tZERO, a subsidiary of Overstock, has attracted SEC attention — (CoinTelegraph)
- British central banker bravely raises years-old, mostly debunked concerns about crypto — (Bloomberg Crypto)
- Counterpoint to Lightning Network excitement from a Bitcoin developer — (TheNextWeb)
