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.

Dec 16, 2019 at 9:13 p.m. UTC

Updated Sep 13, 2021 at 11:50 a.m. UTC

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.

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.

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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