Governments And Large Institutions Can Buy All The Bitcoin They Want (Except Yours)

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An X post by Anita Posch warning about the risks of governments and institutions buying up large amounts of bitcoin went viral this week— even if just because of the trollish community note that appeared underneath it. I think the main concern here is that these big holders could influence the Bitcoin consensus rules to impose censorship.

When it comes to censorship specifically, mining centralization is actually a more direct…

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Fake Uber Driver Takes Passengers For A Ride By Stealing Crypto Over $300K

An Arizona man posing as an Uber driver allegedly stole over $300,000 in cryptocurrency from unsuspecting passengers, according to a report on Thursday.

What Happened: The accused, Nuruhussein Hussein, pretended to be an Uber driver and picked up people waiting at a Scottsdale hotel, FOX 10 Phoenix reported, citing the Scottsdale Police Department.

The alleged scam began with Hussein calling out the names of potential Uber passengers he witnessed waiting for their rides.

Authorities alleged that Hussein asked his passengers to unlock their phones and hand them over to him to help troubleshoot when the app did not recognize him as the driver. Once in control of the victims’…

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