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Rabbit Hole Recap #250: Bank Runs Continue

Rabbit Hole Recap

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Telegram's Official Move to Leave Brazil

The first major messaging app. It's custodial, but it has P2P trading in a custodial fashion and they have different levels of KYC depending on what your fiat payment method is. Telegram officially has to leave Brazil because the telegram company refused to give up information on their Brazilian users to the government. The smartest thing for them to do would have been just adding a Bitcoin wallet to WhatsApp and Facebook messenger. Because that's where most of the P2P transactions are happening right now anyway.

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