"...apart from a smattering of Rust programmers, the main residue of crypto is bad digital art and worse Austrian economics"
Pluralistic: What kind of bubble is AI? (19 Dec 2023) – Pluralistic: Daily links from Cory Doctorow
https://pluralistic.net/2023/12/19/bubblenomics/#pop
New attempt at a fediverse Buttcoin
Buttcoin - awful.systems
https://awful.systems/c/buttcoin
Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts. A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic. [https://awful.systems/pictrs/image/a7cb8bb5-1ef5-41ac-a821-0cfb2fd43b87.png]
Study suggests 95% of NFT collections are worthless
95% of NFTs are Dead - Trends, Predictions & Statistics 2023
https://dappgambl.com/nfts/dead-nfts/
Are NFTs (Non Fungible Tokens) dead? Maybe so. We analysed over 60.000 NFTs to find out which ones are still valuable.
Crypto collapse: Tornado Cash arrests, Federal Reserve shuts down Farmington Bank, Prime Trust played Terra-Luna - by Amy and David
Crypto collapse: Tornado Cash arrests, Federal Reserve shuts down Farmington Bank, Prime Trust played Terra-Luna
https://davidgerard.co.uk/blockchain/2023/08/25/crypto-collapse-tornado-cash-arrests-federal-reserve-shuts-down-farmington-bank-prime-trust-played-terra-luna/
It woz my lawyers wot done it.
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers - Decrypt
https://decrypt.co/153124/nft-platform-recur-to-shut-down-despite-50-million-raise-and-big-name-backers
Gary Vaynerchuk and Nickelodeon characters like Tommy Pickles from “Rugrats” weren’t enough to keep the business afloat.
Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that digital monkeys are worthless
Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment
https://arstechnica.com/tech-policy/2023/08/buyers-of-bored-ape-nfts-sue-after-digital-apes-turn-out-to-be-bad-investment/
Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."
Programmers Are Also Human goes to Web3 Berlin. “Where people without jobs ask people without companies for jobs.”
I go to ABSURD tech conference.
https://youtu.be/xmVt8lC74ns
I go to tech conference.New find: https://www.youtube.com/watch?v=Bez7wmAsxjE&t=0sKai Lentit does tech due diligence in the industry 2023 to learn from start...
Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron - by Amy and David
Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron
https://amycastor.com/2023/08/15/crypto-collapse-sam-bankman-fried-goes-to-jail-sec-appeals-ripple-ruling-prime-trust-bankrupt-the-tangled-tale-of-trueusd-and-tron/
“Where people without jobs ask people without companies for jobs.”
Sam Bankman-Fried is going to jail
Sam Bankman-Fried is going to jail
https://arstechnica.com/tech-policy/2023/08/sam-bankman-fried-is-going-to-jail/
Judge also denied SBF's request to delay jail time.
The Federal Reserve prepares the Novel Activities Supervision Program to head off dumb greedy assholes crashing their banks with crypto and risking the entire banking system
https://www.federalreserve.gov/supervisionreg/srletters/SR2307.htm