BTC Transfers, CBDC Airdrops, Regulatory Warnings and 20 Crypto Jokes

It was a fun crypto week. OKEx suspended withdrawals as they couldn’t get in touch with a private key holder. Also, somebody moved Satoshi era 1,000 bitcoin again, Marc van der Chijs told us that hodling bitcoin would’ve been a better strategy than trying to outperform it, Kraken researchers said that BTC finished its worst-performing month in September, and that higher returns and volatility could be expected in October, and it was debated whether Elon Musk’s Tesla Gigafactory 1 plant was fitted with a BTC ATM. Also, PwC said that the Americas are loosing their share in crypto M&A and fundraising, and that five blockchain use cases might boost global GDP by USD 1.76T, while Fidelity Digital Assets said that growing institutional investor base could increase BTC’s correlation with traditional assets. Also, the BTC in your “brainwallet” might be stolen in less than a second.

And more stuff happened in the Cryptoverse, as KBA asked the South Korean government to suspend crypto taxes until 2023, China started a digital yuan airdrop, and G7 is looking into CBDCs, reiterating that Libra can’t be launched until it’s regulated. Fundstrat Global Advisors warned that trading on offshore exchanges might become riskier, and General Counsel at Compound Finance warned that governments globally are looking to impose harsher restrictions on access to cryptoassets. The OECD wants its members to adopt crypto tax frameworks, and the Russian Central bank wants to cap bitcoin buying at USD 7,800 a year. Meanwhile, Kate Winslet joined the cast of OneCoin crypto scam movie, crypto cruise ship Satoshi might set sail soon from the Mediterranean, and a Russian firm is set to open a crypto mining “hotel”.

And here comes your weekly, special, crypto treat. Bon appétit!
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Morning, CT! Which coin will drop tomorrow?

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So it wouldn’t get stuck in your head all weekend.

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“Back in my day…”

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2020 in a tweet.

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Now I’m curious what’s behind this other bitcoin… And then there’s BTC behind that too!

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Source: everything_crypto / Instagram

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Something to look forward to.

Probably how it’s going to go down from r/CryptoCurrency

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Explaining bitcoin to boomers.

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Explaining bitcoin to Wall Street buddies.

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When you want to tell others to shut up…

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Source: bitcoin.baddie / Instagram

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And when others want to say it to you.

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Source: thefatbitcoin / Instagram

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It’s a tough wait.

Iron hands don’t sell. Dwight Schrute would never sell his bitcoin. from r/CryptoCurrency

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It’s a fact of life: somebody’s always watching.

Everything’s looking good. from r/CryptoCurrency

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For many of you wondering how DeFi work.

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Come back for a presentation on ‘What’s Next on the DeFi Table to Eat and Promptly Poop Out’.

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When it happened so many times already, you should really expect it by now.

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Speaking of DeFi:

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Nibble-nibble.

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A man on the run.

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Feeling the disturbance in the Force.

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Source: enterprenewer / Instagram

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And your crypto movie of the week.

If blockchain was a city from r/CryptoCurrency