Satoshi Nakaboto: ‘Jack Dorsey is hiring a Bitcoin designer’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Machiavelli used to say: The long and winding road awaits! Bitcoin Price We closed the day, October 3 2019, at a price of $8,259. That’s a minor 1.55 percent decline in 24 hours, or -$130.78. It was the lowest closing price in three days. We’re still 58 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap Bitcoin’s market cap ended… This story continues at The Next Web Or just read… Read More

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Hong Kong leader Carrie Lam announces a ban on face masks as violence in the city’s protests intensifies

Hong Kong leader Carrie Lam has invoked colonial-era emergency powers and banned face masks as a “detterent” against violent protests which have rocked the city for four months. At a press conference on Friday, Lam said her decision to ban face masks was necessary as protests have caused “serious public danger.” The ruling, which takes effect on Saturday, bans facial coverings that include “a mask or any other article of any kind (including paint) that covers all or part of a person’s face” as part of an “unlawful assembly,” or at a public meeting or procession. The ban follows a spike in violence over the weekend in response to the… Read More

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Trump reportedly promised China’s president that he’d stay quiet on Hong Kong protests as long as trade talks progressed

President Donald Trump promised Chinese President Xi Jinping in a June that he would stay quiet on the protests in Hong Kong in exchange for progress in the trade war, CNN reported Thursday. The president has so far only offered a muted response to the months-long protests, despite global backlash over Chinese encroachment on the semi-autonomous city. Details of Trump’s call with Xi followed comments made by Trump on Thursday, in which he suggested that China should investigate former Vice President Joe Biden. Trump’s phone calls with foreign leaders are at the center of a whistleblower complaint, which has sparked a formal impeachment inquiry. US-China trade negotiations remain deadlocked. Visit… Read More

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Rory Stewart quits the Conservatives and says he won’t stand at the next general election

LONDON — Rory Stewart has resigned from Boris Johnson’s Conservative party and said he will not stand at the next general election. Stewart — who ran against Johnson in the contest to replace Theresa May as party leader and prime minister earlier this year — said on Friday it was with “sadness” that he was quitting the party. The member of Parliament for Penrith and The Border had in recent months become increasingly at-odds with the party’s pro-Brexit membership over his staunch opposition to a no-deal exit from the European Union. Last month, he and 20 other MPs had the Conservative whip removed after they voted to prevent a no-deal… Read More

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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra

Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators. However, people familiar with the matter have told the FT that PayPal failed to show up. If the digital payments company were to quit Libra, this would certainly be a huge blow for the project, which is being led inside Facebook by Davi Marcus,… This story continues at The Next Web Or just read… Read More

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Has Apple changed its tact towards cryptocurrency?

Early last month, Apple’s VP referred to cryptocurrency as “interesting” and said the company was keeping an eye on it. But it seems the company might be changing its tact when it comes to the digital assets. Apple‘s CEO Tim Cook said in an interview with French outlet Les Echos: “No. I really think that a currency should stay in the hands of countries. I’m not comfortable with the idea of a private group setting up a competing currency.” “A private company shouldn’t be looking to gain power this way,” he added. Last month, VP Jennifer Bailey also said Apple thought cryptocurrency had “interesting… This story continues at The Next… Read More

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