Geo-Political & Economical developments

Geo-Political & Economical developments

Things are almost never as they seem. If you sincerely think that world powers would spend their money and resources in order to just "help" citizens from foreign nations, you might want to ask yourself why they've been neglecting and out right murdering their own citizens for decades. What are their true motives for wanting to fund foreign (terror) groups, start global confrontations and wars? I'll let you in on a little secret; It has NOTHING to do with "human rights" nor "democracy".


Bitforge: 'vulnerabilities uncovered for some MPCs would allow an attacker to see the FULL key after 16 transactions'

11 Aug 2023 1 minute read 0 comments Kovichni

Uhumm, so...why isn't this bigger news? I'm going to cut the small talk on this one and highlight the most important findings: "BitForge affects what are called multiparty computation protocols (MPCs), which split private keys into multiple parts dis...

PYUSD: Why Paypal and it's new stablecoin are a joke

8 Aug 2023 1 minute read 3 comments Kovichni

Listen to how the ms-media hypes up this centralized joke of a crypto: "PayPal launches first dollar-backed stablecoin from a major U.S. financial institution...The new asset, called PayPal USD (PYUSD), was designed to address the "emerging potential...

The dumbest Bitcoin adoption take of 2023

6 Aug 2023 2 minute read 0 comments Kovichni

Some interesting Bitcoin statistics emerged in 2023, did you know that Bitcoin availability on exchanges is so low at the moment that if 20 million new Bitcoin enthusiasts wanted to have 0.1 BTC there would already be a shortage? That means that less...

Uniswap blocks HEX trades after SEC announcement

4 Aug 2023 1 minute read 3 comments Kovichni

Ahh good old Hex is in the headlines again. Last year I almost wrote a piece on their Nascar debacle which seriously gave me some good laughs. It was a publicity stunt of I think the Hex community or influencers or something, who decided to pool half...

Newly proposed Japanese law is why Bitcoin exists

2 Aug 2023 1 minute read 2 comments Kovichni

Japan has a radical new idea to combat scamming criminals: Take bank cards away from the elderly and suspend their bank account altogether if they have not used it for over one year. Why? You know, for their own protection. Which if you look at the s...

Freedom of expression vs. Quran burning, Holocaust denial, Lèse-majesté

2 Aug 2023 4 minute read 2 comments Kovichni

There's a fine line between freedom of expression and using free speech to (politically) taunt certain people. But the more politically involved among us already noticed a flaw in the title because of the three examples given, one is actually widely...

Even the defunct SEC knows Bitcoin is king

31 Jul 2023 1 minute read 1 comment Kovichni

Apparently before they initially sued Coinbase in June, the SEC demanded the exchange to cease offering any other crypto trading except for Bitcoin. Coinbase would hence effectively cease to exist as people had known it, so Coinbase's CEO Armstrong r...

Is this a crypto horror-trend? Another 'influencer' falls victim to crime, this time fatally

29 Jul 2023 1 minute read 3 comments Kovichni

Fernando Pérez Algaba was missing for some time and the Argentinian police announced his remains were recently found in a suitcase. Don't pay attention to the 'millionaire' reference in the title, Algaba might have been living a luxury lifestyle whi...

The unfair reality of investing

27 Jul 2023 1 minute read 3 comments Kovichni

Remember how last year Binance admitted to have a whole bag of Luna tokens and that they didn't sell even amidst of the UST-Luna death spiral? This wasn't the flex our mans CZ thought it was. You see, when you have billions and can afford to lose ha...

Are BRC20s the online equivalent to collectible gold coins?

25 Jul 2023 2 minute read 7 comments Kovichni

I have some crypto philosophical questioning going on and it made me ponder this rather weird question. Ever since the November upgrade to Bitcoin two years ago, making an inscription to every single Satoshi became a reality. These inscriptions are w...