Stephen Diehl (@smdiehl) 's Twitter Profile
Stephen Diehl

@smdiehl

Left this hellsite for BlueSky.
bsky.app/profile/www.st…

ID: 151535146

calendar_today03-06-2010 16:38:26

34,34K Tweet

56,56K Followers

2,2K Following

Better Markets (@bettermarkets) 's Twitter Profile Photo

.Dennis Kelleher spoke to Max Chafkin ([email protected]) Bloomberg about the historic mistake made by the U.S. Securities and Exchange Commission on #BitcoinEFT and "unleashing a worthless, useless, speculative, volatile and criminal-preferred financial product on retirees." #crypto bloomberg.com/news/articles/…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

> "The conspiracy theory is central bank intervention causes inflation. Bitcoin ideology assumes that inflation is a purely monetary phenomenon that can only be caused by printing more money, and that Bitcoin is immune due to its strictly limited supply." davidgerard.co.uk/blockchain/the…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

The Case for Banning Crypto — For Finance, the Blockchain’s Risks Far Outweigh Its Rewards foreignaffairs.com/united-states/…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

> "[You can] understand Bankman-Fried as he really was: Not an exception to the broader crypto culture, but a perfect illustration of it." thebanker.com/Antidisestabli…

David McWilliams (@davidmcw) 's Twitter Profile Photo

I watched Javier Milei speech World Economic Forum on YouTube the other day - a rallying cry for libertarianism; and thought it's a fascinating topic for a podcast or two. Here's the first one. Hope you enjoy it. podcasts.apple.com/ie/podcast/jav…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

The cypherpunk vision of decentralised finance has finally reached it's ultimate form — the Depository Trust Company's central ledger.

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

Most crypto scams are built on reputation laundering. You hire credible tech/legal/policy people to give you a patina of credability, but the core business is dumping illegal securities on the public. The tokens don't *do* anything, it's a pump and dump. bloomberg.com/opinion/articl…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

> "The truth is that, whether the crypto is encased in a nice regulated wrapper and sold to you by BlackRock, or whether you buy it from a pastor who says that the Lord told him to make the sale, there is still no there there" on.ft.com/4bb1ujR

Better Markets (@bettermarkets) 's Twitter Profile Photo

Another day, another #crypto fraud scheme. These cases aren't an outlier but rather a feature of the crypto industry's track record. cnbc.com/2024/01/29/doj…

Stephen Diehl (@smdiehl) 's Twitter Profile Photo

Set the record straight and forget the noise. Crypto is not innovation. Crypto is gambling. Crypto is plutocracy. Crypto is financial predation. Crypto is financial libertarianism. Crypto is crime. Crypto should be banned.

Aeon Magazine (@aeonmag) 's Twitter Profile Photo

‘Crypto did not level the playing field. It exposed the vulnerable to fraud and scams. It offset risk on to the poorest in society, all while paying lip service to a dream.’ The cruelty of crypto in its promise to revive the American dream aeon.co/essays/the-cru…

Rachel O'Dwyer (@rachelodwyer) 's Twitter Profile Photo

What happened to the good life? Do we YOLO because we can't afford a downpayment ? 🛟 My piece on the cruelty of crypto published in aeon today aeon.co/essays/the-cru…

Aeon Magazine (@aeonmag) 's Twitter Profile Photo

Selling itself as the new American dream, crypto exposes the vulnerable to fraud and scams, and loads risk on to the poor aeon.co/essays/the-cru…

European Central Bank (@ecb) 's Twitter Profile Photo

Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation. The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient, argues #TheECBBlog ecb.europa.eu/press/blog/dat…

Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation. 

The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient, argues #TheECBBlog

ecb.europa.eu/press/blog/dat…
Foreign Policy (@foreignpolicy) 's Twitter Profile Photo

Regulators failed the public in not reining in crypto after the 2017 bitcoin bubble; they must not miss their chance a second time, your #1 source for absurdist true crime 🐀 🐍👑 🌷 writes. foreignpolicy.com/2024/02/18/cry…