The anti-crypto thread

[BFG10K]

Great news, crypto's collapsing across the board: https://www.techpowerup.com/282380/...ions-in-less-than-24-hours-did-the-bubble-pop

Also China's banned crypto, though individuals can still have it: https://finance.yahoo.com/news/chinese-financial-payment-bodies-barred-122712260.html

The sooner this cancerous parasite is wiped out, the better.

 

[Zorba]

So you have no one to blame but yourself for having missed out on... $28,000 BTC even after a major crash. You either find it more fun to rip on all of it just to fit in the mob here, or lack the attention span to try to understand the technical side of what enables all of this, or you're just getting old.

And to answer the second question, it allows anyone to create fixed price listing for anything across all of web3. It's the price stability all you brought up was lacking (and a valid point), back when BTC was $200. And now that it's been here for years and you've just learned that (again, no ones fault but your own you can't be bothered to look beyond this thread) I guess the next "easy" thing to do is to revert back to the, "well I hold 100% cash and use it for everything so YTF would I do that anyway? It's too hard."

You have no one to blame besides yourself for not when the jackpot on the slot machine!!!!

I also have no one to blame except myself for not losing a ton of money on the other thousand shit coins or the other ten thousand slot handle pulls.

 

[repoman0]

It is darkly hilarious that in the middle of runaway climate change and a major extinction event we are using a huge amount of the world’s energy on technology that provides nearly nothing of value except as a get rich quick scheme for people who otherwise provide nearly nothing of value

 

[biostud]

It is darkly hilarious that in the middle of runaway climate change and a major extinction event we are using a huge amount of the world’s energy on technology that provides nearly nothing of value except as a get rich quick scheme for people who otherwise provide nearly nothing of value

At the same time it would also be really cool if humans simply decided not to do war anymore, and use the military funding for something more useful than actively killing each other, but I don’t see that happen either :/

 

[igor_kavinski]

As long as we have different languages, we will do war. I've experienced it so much in my life. People of same language tend to stick together and may collectively take actions to the detriment of other language speakers. It's like some stupid unwritten rule that only one language may prevail.

 

[MrSquished]

Crypto bros are the worst

 

[sdifox]

As long as we have different languages, we will do war. I've experienced it so much in my life. People of same language tend to stick together and may collectively take actions to the detriment of other language speakers. It's like some stupid unwritten rule that only one language may prevail.

LoL you think language is the cause of war?

 

[igor_kavinski]

LoL you think language is the cause of war?

Yup

About the Project - Language Conflict Encyclopedia

www.languageconflict.org

 

[MrSquished]

He's right that language has a part in it, but he's just completely wrong as to why. And it's just a part, not the whole reason.

 

[sdifox]

Yup

About the Project - Language Conflict Encyclopedia

www.languageconflict.org

That's just justification, the language was not the reason. I meam look how many American, Russians and Chinese were killed by their own.

 

[Lost_in_the_HTTP]

Widely used indeed ...




U.S. News // 6 hours ago
Justice Department seizes $112M linked to crypto investment scams
April 3 (UPI) -- The Justice Department has seized more than $112 million linked to cryptocurrency investment schemes, often called "pig butchering" or romance scams used to entice victims online.

 

[VirtualLarry]

US regulator sues top crypto exchange Binance, CEO for 'willful evasion'

The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an "illegal" exchange and a "sham" compliance program.

www.reuters.com

Binance getting f'ed by the feds, finally.

 

[JEDI]

btc now above $30k

 

[VirtualLarry]

MSN

Why do they talk about Bitcoin like it's physical?

 

[igor_kavinski]

Why do they talk about Bitcoin like it's physical?

Must have been some SSD or other physical storage device acting as an offline cryptowallet.

Whoever reported the news either has no idea about bitcoin or they were too lazy to explain how bitcoin is stored.

 

[AdamK47]

MSN

Why do they talk about Bitcoin like it's physical?

Catchy headline created to drive clicks.
AKA clickbait

 

[Train]

He should have melted them down and moved them as BitBars on the black market.

 

[BFG10K]

Must have been some SSD or other physical storage device acting as an offline cryptowallet.

But...but....but...cryptobros told us repeatedly it's not possible to lose your coins as long as you don't go through an exchange.

 

[biostud]

Intel is quitting bitcoins

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Came in late, leaving too early.

www.tomshardware.com

 

[Heartbreaker]

Intel is quitting bitcoins

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Came in late, leaving too early.

www.tomshardware.com

And nothing of value was lost...

 

[darkswordsman17]

MSN

Why do they talk about Bitcoin like it's physical?

Because it kinda is when the keys are stored on a physical object that they can obtain?

Do you also complain about this when there's stories about seizing child porn stored on hard drives?

Its really not clickbait if its literally just a factually true statement either. Clickbait would've been "You'll never believe where police found $3.4b of Bitcoin!" Some of you nitpick about stuff in the dumbest manner possible sometimes.

Also could have read the article if you wanted to know what it meant:

Authorities searched Zhong's home in Gainesville, Georgia, in November 2021 and recovered over 50,000 Bitcoin, split between "an underground floor safe and a single-board computer that was submerged under blankets in a popcorn tin stored in a bathroom closet."

 

[BFG10K]

Dem pesky regulations. If only there weren't any, anonymous cryptobois could do whatever they please and it'd be a utopian financial paradise, yo!

"Crypto is dead in America," says tech billionaire who predicted Bitcoin would hit $200,000

Speaking on the latest episode of the All-In podcast, which he co-hosts, Palihapitiya pointed the finger of blame for crypto's alleged demise in America at those who...

www.techspot.com

 

[biostud]

Dem pesky regulations. If only there weren't any, anonymous cryptobois could do whatever they please and it'd be a utopian financial paradise, yo!

"Crypto is dead in America," says tech billionaire who predicted Bitcoin would hit $200,000

Speaking on the latest episode of the All-In podcast, which he co-hosts, Palihapitiya pointed the finger of blame for crypto's alleged demise in America at those who...

www.techspot.com

Money for nothing and chicks for free.

 

[VirtualLarry]

https://www.reddit.com/r/CryptoCurrency/comments/127kqrb

A win for CryptoBros?

 

[IronWing]

If the only penalty for a crime is a fine, the act is only a crime for poor people.

 

[VirtualLarry]

Biden Wants to Tax the Hell Out of Crypto Mining

The practice consumes as much energy as all home computers combined — with massive consequences for the climate

www.rollingstone.com

Pres. Biden wants to tax Crypto mining at 30% the cost of their electricity cost.