Free Republic

Elon Musk has compared Canadian Prime Minister Justin Trudeau to Adolf Hitler in a meme criticizing his crackdown on Freedom Convoy protests. Musk, the world's richest man and a cryptocurrency advocate, posted the meme on Twitter early Thursday, responding to reports that Mounties are seeking to freeze crypto wallets tied to the protests. The image depicts the Nazi dictator Hitler with the text: 'Stop comparing me to Justin Trudeau... I had a budget.' The reference to a 'budget' is unclear and suggests the meme is recycled from some prior controversy over Canada's government spending. Musk was responding to a report...

Ohio Congressman Warren Davidson thinks crowdfunding may provide a solution to the controversial proposal of building a wall on the Mexican border. And, perhaps more notably, he suggested using a cryptocurrency to do so. During an interview with NPR’s Steve Inskeep, the U.S. lawmaker explained that he has already proposed letting the American public pay for the wall, which is opposed by Democrats but mades up a key aspect of President Donald Trump’s list of 2016 campaign promises. In particular, Davidson told Inskeep, he has suggested a private funding program wherein “the American people, or whomever should choose to donate,”...

Cryptocurrency falls more than 30% in five days after troubled week but analysts say it could easily bounce back -- Bitcoin went into freefall on Friday, its price collapsing from the dizzying heights of nearly $20,000 (£14,965) earlier this week to about $13,000 after its year-end rally appeared to run out of steam. According to the CoinDesk exchange, the cryptocurrency was trading at $13,155, a fall of over 30% in five days. Its price has fallen by more than $2,000 in 12 hours. (please see the link, for the full article)

Digital Currency Group is busy these days. In the last four months alone, the company acquired the biggest bitcoin news site, CoinDesk, and along with it, the biggest bitcoin conference, Consensus; it also gave money to Coin Center, the bitcoin industry's nonprofit advocacy group. On Thursday, DCG announced a laundry list of new investors and additions to its team, and among them is one very big name: Larry Summers. Summers, former Treasury secretary and former president of Harvard University, is joining DCG as a senior advisor. It is a reminder that Summers believes in the future of bitcoin, the crypto-currency...