Government Calls Crypto ‘Hard Money’: Is the World Finally Catching Up?
In my advisory role to governments, last week, two senior officials from two different countries referred to crypto as “the hard money”. The realization is finally happening. 💪
In my advisory role to governments, last week, two senior officials from two different countries referred to crypto as “the hard money”. The realization is finally happening. 💪
The latest fellow to find himself in a spot of bother is one Chetan Gangani, a chap from Surat. Apparently, he’s been up to no good, helping transfer a cool ₹10 crore through his BitGet crypto account to a wallet linked to Pakistan. His arrest has rather let the cat out of the bag, revealing how these fraudsters are using cryptocurrency to hide their tracks and send funds abroad. Clever, but not clever enough, eh? 🤭💸
On-chain whispers reveal that Michael Saylor’s crew has been on a little test drive-five test transactions from Coinbase Prime over the past couple of days. Just testing, folks. Or, you know, making sure their digital wallet doesn’t explode when they finally go all-in. No big deal.
Bitcoin, in a frenzy of indecision, dances on the edge of a precipice as if orchestrated by a drunken conductor with a calculator. 🎭
Zcash (ZEC) had a day, let me tell you. A day! Down, down, down it went. A precipitous plummet! But, like a bad penny, it keeps coming back, because apparently, even schlemiels can have a good day. Miners and regular folks are sniffing around, always looking for a deal. They’re hoping to shove that price right back up towards… wait for it… $1,000! Can you believe it? 💰
The Drama Unfolds
But don’t you worry your little socks off just yet! Some clever grown-ups with charts and numbers say it might bounce back. A speedy bounce, even! Apparently, when everyone’s stopped buying (and started feeling a bit gloomy) is a rather good time to grab a bargain. It’s just…basic economics, you see. (Though frankly, I still don’t entirely understand it.)
On November 8, 2025, Russia’s Interior Ministry dropped the mic with the announcement of multiple arrests linked to the October kidnapping and murder of Roman Novak and his wife Anna, who were living in Dubai. Footage from the ministry (because we all love a good arrest video, right?) shows the suspects being detained. Irina Volk, the Ministry spokesperson, confirms it was all part of a highly coordinated action. Drama alert! Novak wasn’t exactly a crypto angel, having been convicted of fraud in 2020 in St. Petersburg. So, you know, maybe not the best guy to mess with. His relatives reported them missing after an investor meeting on October 2. Plot twist: that meeting was the last time they were seen alive.
Italy’s banking industry group, the ABI, welcomes the European Central Bank’s plans for a digital euro, but stresses that banks shouldn’t face significant costs to implement it.
The High Priest of this volatile temple, one Richard Teng-CEO by title, prophet by accident-recently issued a Pontifical Edict via Twitter (or X, or whatever Satan’s latest app is called):