Gambit bitcoin exchange rate11 comments
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But instead, just 25 days later, the CEO is missing, along with all the bitcoins and cash. We had an amazingly promising new company, building a brand new future for cryp It left behind a whole subreddit full of sad people, who, like a barcrawler looking for true love through same-night hookups with strangers, are wondering where their beloved CEO went and whether he will call the next morning.
The shares of the company are now being traded for Satoshis on the Bitcoin, the company workers have not been paid for over a month, and all that's left are some super slick marketing videos and a couple of chairs in a fancy rented space on a remote island. The story is so fantastic that if I made it up, editors would reject my novel because it'd be too unbelievable.
It was based in Nicosia, Cyprus. I've been to Cyprus and it's a gorgeous island, teeming with very interesting architecture left behind by my second favorite people in history namely, the Knights Templar, who were second only to the Barbary Pirates in coolness , but the location alone should have raised some huge red flags. First, it's an island. Gox was based on an island. Why must every questionable company be headquartered on an island? Do MBA programs teach that if you're a wannabe Bond villain, you must have an island base?
Second, it has weird laws. For instance, and I'm not making this up, lawyers have to wear white wigs in court. Good luck hiring someone who'll put on a wig and chase after your investment in F 44C Cyprus heat.
Third, its legitimate economy, based on drunk British tourists, is dwarfed by its underground economy. And that economy in turn is based on money being laundered by Russians. The otherwise haughty European Union, which is all too eager to control just about everything, including the bendiness of bananas , looks the other way, because the money being stolen out of Russia is too sweet to not pump into the struggling European economy.
Bitcoin is here, we are too old so we will learn from the younger generations to regulate it. Hacker and professor at Cornell, with interests that span distributed systems, OSes and networking.
Please step aside for people who actually have money in the bank. Hypnotic yellow icons on a black background. I'm ready to buy in. The top comment is spot on: Here's the same Danny trying to spin what happened.