January 2022

New Moons Are Ready! (Round 22)

UPDATE: A bug in the smart contracts for Community Points distribution was found that we have fixed. Every month, 50% of Moons burned are meant to be reintroduced in the following distribution, but because of a bug in the contract this has not been happening as expected. We have deployed Read more…

By dan, ago

El Salvador holds less than 2% of its reserves in BTC, they hold more GOLD than BTC. People are spreading the false narrative that they are recklessly gambling with people’s money. 2% allocation is a decent risk:reward. Even Fidelity allocates 2% to BTC in their flagship Balanced Fund.

Lots of people here keep spreading the narrative that El Salvador is “gambling recklessly” with people’s savings and what not. Reading those posts one would think their entire reserves is now in BTC. But the fact is that just 2% of their reserves are even allocated in BTC. El Salvador Read more…

By dan, ago

US Congress: Yet another Omnibus Bill has been introduced in Congress, that contains provisions that seeks to prohibit crypto transactions, damage privacy and constitutional rights. Once again, we have to fight these laws.

After the Infrastructure bill debacle where anti-crypto laws were introduced in a must pass bill, now a new America COMPETES act has just been filed in Congress. This Bill on the surface seeks to make US more competitive against China. But hidden deep in its 2900 pages, this Bill contains Read more…

By dan, ago