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Authoritarian Airdrop: Maduro 'Gifts' Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
Updated Sep 13, 2021, 11:50 a.m. Published Dec 16, 2019, 9:13 p.m.
If 2019 saw bitcoin come together around the digital gold/digital SoV narrative, is 2020 poised for a resurgence of the idea of payments utility, thanks to Lightning powered applications? One beta test of a LN point-of-sale app suggests maybe.
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Derivatives continue to grow as an area of focus for both retail and institutional traders, with CoinFLEX bringing in some new talent to expand its derivative competitions and institution-focused ErisX sending notice that futures trading would begin tomorrow.
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Finally, Venezuela’s President Maduro has announced that public employees and pensioners will be given a holiday bonus of half a petro. Sincere effort or another example of how digital currencies can be a tool of control?
Topics for December 16, 2016
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What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
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