The 4B's

12: China and Exit Scams


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Show notes this week are:


- Binance getting banned for not following all regs. Genuine protection of customer funds or the west wanting a monopoly on crypto trading? https://twitter.com/dergigi/status/1412349188248150016?s=21 


- Although China have banned bitcoin mining so don’t seem to care. Crazy pictures of the relocation of billions worth of miners https://twitter.com/bitentrepreneur/status/1412267191626604544?s=21


- https://www.exitscam.show/ a podcast about the quadriga exchange exit scam. It’s amazingly well done podcast but still no answers. Did the founder fake his death, or die of a complication on his honeymoon?


- Stop calling it fiat money, cos muh feelings https://www.ft.com/content/5e5b2afb-c689-4faf-9b47-92c74fc07e66


- Boomers and JPMorgan calling for $23k bitcoin, as if that is scary or something.  Why you opening up a bitcoin division then?


- Difficulty adjustment happened. -27% and the largest we’ve ever had. Blocks back to 10mins, some were taking as long as 2 hours before.


- shitcoincorner: Worldcoin 


- And finally…Simps, yay or nay, bitcoin twitter has been raging this week

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The 4B'sBy Four Bitcoin Plebs