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Craig Wright, who calls himself Napoleon Satoshi Nakamoto, is still going through a rough patch. All lawsuits demanding to recognize him as Bitcoin's creator are constantly rejected by courts of different countries and instances.
This time, London’s appeal showed him to the door. Craig tried to protect his honor and dignity by suing 16 Bitcoin developers who called him a liar.
The judge looked through the case and found no reason to grant Wright's claim.
Btw, developers did’t even bother sending their lawyers to court. How to reduce Bitcoin mining risks: business case
Mining profitability has been declining since the end of 2021 as a result of the bear market. Increased mining difficulty and skyrocketing electricity prices twisted the knife in 2022. The miners had no choice but to change their business strategy. Their task was to level out negative market factors while maintaining profits.
The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course).
Key takeaways from Arthur Hayes' post:
? S&P500 is up 40% in 3 months;
? Fed balance sheet will drop $100 billion every month;
? The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation;
? When the money runs out (sometime in July), Congress will vote to increase the debt ceiling;
? The market will end up flooded with unbacked debt liabilities;
? The world's banks will be forced to resort to printing more money (this process has already begun).
"The party has begun!", Arthur concludes.
Tulip Trading's lawsuit against 16 BTC developers will be heard in a London court, according to the UK Court of Appeal.
If that isn not enough, consider that the plaintiff is Craig Wright, a computer scientist who claims to be Satoshi Nakamoto. And the Bitcoin community constantly criticizes him for this.
A Norwegian court ruled in October of last year that Wright had lied in an effort to support his claims of authorship of BTC.
The App Store has approved Damus App, dubbed the "Twitter killer" mobile app.
The decentralized social network accepts Bitcoin payments via the Lightning Network and has the endorsement of Jack Dorsey (former CEO of Twitter), who believes the project has a bright future.
Now, Elon Musk, what do you think?
The company has started the process of obtaining state licenses for regulation and development of software for the integration of embedded payments.
Earlier, Elon Musk said that Twitter should be transformed into an "everything app" with messaging, payments, and commercial functions. According to these plans, the company registered with the US Treasury as a payment processor in November 2022.
Per Musk's wishes, the payment system is initially designed for fiat. While its structure will provide for future cryptocurrency features.
Mask's favorite, Dogecoin, reacts violently to the news. Investors, just in case, pumped the MASK token (why would anyone invest in bitcoin, after all). 












