this was actually a prescient clip ~@1: 00 :00 - this really is how they have been trying to do statecraft since then. This is part of the " why #bitcoin " answer. #whybitcoin
The only #bullying allowed on #Mastodon is of #crypto and #ai. It's completely acceptable to jump in somebody's replies and be an asshole if they are talking about a technology that you heard is bad.
Car maker Fiat introduced a new #cryptocurrency . It decided to call it KIRI coins, while 'Fiat currency' was right there. What a waste of opportunity! #bitcoin
The fact that you see very little presence of the larger cryptocurrency community on the Fediverse shows the actual interest in distributed systems compared to their interest in making money. A large part of the cryptocurrency community are just VCs or wannabe VCs.
I got burned by this guy, David Smillie of #BritishColumbia. #Squamish, BC I believe. Luckily it was a small amount for me, but I've connected to people who claim they've lost over $100,000! Now it looks like he's earned a charge for securities fraud in the amount of $13 million CAD. #EzBTC#BitCoin#CryptoCurrency#fraud
"Crypto trading platform lied to customers and diverted their assets to gambling, BCSC alleges"
The "culture" and assumptions behind these projects differ. #bluesky comes from Twitter, which has a history of surveillance capitalism, while #Nostr comes from the #Encryptionists and #bitcoin communities. #activertypub, on the other hand, is rooted in the #4opens traditions and the #openweb.
David Rosenthal (aka DSHR): "To sum up, permissionless #blockchain technology is clever, but the economics of applying it to the real world are stupid for the reasons I published nearly 9 years ago. Centralization in the information ecosystem is a very serious problem, but it is driven by economics, not technology. So attempting to solve it with technology with inherent economies of scale is futile." https://blog.dshr.org/2023/04/crypto-my-part-in-its-downfall.html#cryptocurrency#bitcoin#fraud#decentralization
#Bitcoin just reached ATH ... of energy waste : >16 Gigawatts (147 TWh/ year) are currently wasted to randomly guess numbers, with no other usage than fueling the biggest decentralized casino on earth.
That's more than the total consumption of #Ukraine 🇺🇦 (~134 Twh per year)
#Bitcoin ist ein Stromfresser, das Konzept zwingt jedoch dazu, Strom zu nutzen der günstig ist. Günstig ist eigentlich nur Überschussstrom. Übrigens, die Klimaanlagen der USA brauchen 20x mehr Strom. Ebenso braucht die Gewinnung von Gold, mehr Strom. Interessant, oder? https://youtu.be/k2kWZemG1WE?t=1400
@rabble one of the problems you guys have is the whole #BITCOIN think is poison for a lot of people, this will limit the #openweb growth and push the project into the #encryptions paths. You need to keep the bridge in place to the #Fediverse, so these two paths can keep communicating, with this, if mastodon keeps going down the #NGO path some people will jump ship over this bridge. Or the other way :)