Daily Crypto NewsEDITION #251, 30 June 2021

Craig WrightPaper

Hey #Moni Maker 💪

Today, in 1905, Albert Einstein in his article "On the electrodynamics of moving bodies" outlined the foundations of the special theory of relativity. A theory that one way or another can be applied to literally everything ... including cryptocurrencies and the market.

Now you have lost 25% of your portfolio today, but someone has lost 90%. Relative to him, you're on the plus side and can still keep playing.

So don't hang your head if something doesn't work out. You're always a winner relative to someone else. Einstein wouldn't say shit.

Digest... Let's go!

Self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent Craig Wright has won a legal battle claiming copyright infringement on the part of Bitcoin.org for hosting the Bitcoin white paper.

Wright won by default after the website’s pseudonymous owner, “Cøbra,” chose not to mount a defense.

Bitcoin.org must now remove the white paper and display a notice referring to the judgment and cough up at least 35,000 British pounds ($48,600) to cover Wright’s legal costs. Cøbra responded to the ruling on Twitter:

So what?

Yeah, f*cking Joker. That's quite outplaying you got going on there. Attacking people who aren't exactly going to sue you to win a trial.

That's the way the world works. Some have the brains to create ecosystems, some have the brains to create litigation.

One of America's largest banks, Morgan Stanley, owns shares of GBTC through its bitcoin trust Grayscale.

According to an SEC report, the Morgan Stanley Europe Opportunity Fund owned 28,289 shares of GBTC worth $1.3 million as of April 30.

So what?

Ha! Soon, the bank will be considered a sucker if it doesn't have at least $10,000 in BTC. Oops, we said that already. Oops, three times…

Ark Invest has joined the race to launch a bitcoin-ETF. It has filed an application with the SEC.

Its head Kathy Wood is a strong supporter of bitcoin and recently said the cryptocurrency won't stop at a trillion-dollar capitalization.

So what?

No! Soon, not only banks, but also companies will be considered a sucker if they didn't buy bitcoin.

Block — a set of information inside a blockchain. Each block contains information, and data about previous blocks to make it impossible to replace information in past blocks.

And more you can find in our Glossary!

And you...buy Bitcoin! 😉 (it's a good time!)