Thursday, January 18, 2018

Bitcoin doing its job

South Korean government officials have reportedly been caught insider trading. They sold all of their cryptocurrency holdings and profited just before the regulators announced crypto regulatory measures. The country’s Financial Supervisory Service is investigating the case.
The idea of bitcoin was this exactly, get the insiders to reveal the inside knowledge of central regulators.  I cannot think of a better service to humanity then to get the central bankers to quit faking it.

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