281–290 of 518 posts
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Crypto is a scam (including Bitcoin) anybody treating it otherwise is overly credulous or in on the scam. Maybe it started out with better intentions but it is irredeemable.
And so is economic growth by printing USDs. Let's see which one collapses first.
Why do government agencies even have accounts on proprietary walled-garden online platforms? Those are for purposes like celebrity publicists, influencer brand promotion, disreputable mob behavior, and astroturfing. The SEC doesn't need brand promotion, nor to be caught up in nastiness like pervades X/Twitter. The SEC already has the authority, they do their job with it, and presumably they value respectability. Earl…
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Barely makes an impression in the parade of crime that is web3isgoinggreat.com/
It’s such a reasonable thing to expect any level of hacking. Consider the idea that w3 is the transition of assets into literal Internet money. We digitized wealth and w3 concentrated those supplies into readily available large quantity targets. The idea that there would be anything but a massive acceleration of crime and fraud as a result of the digitization of actual money is actually hilarious. It’s a fact that No…
Matthew C. Klein pointed out on Twitter: "the owner/operator of this website has a longstanding grudge against America's securities regulator."
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ETF's are so pervasive because they're so easy. VIX futures can be held, but people still buy VIXY and similar products. You can buy literal physical gold, but people still buy GLD et al. And it hardly matters that wrapping it in an ETF makes it potentially really weird (like how GLD and other gold ETFs are only barely nominally like holding gold, and VIX ETFs often hold cash-settled futures based on the value of a f…
Bitcoin futures ETF's already exist - I'm not convinced that a spot price ETF is any huge breakthrough.
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Why is it not easy? Your fund manager has to click a button to enable it. You have to click a button to buy it. How will an ETF make it easier?
I live in Europe. I don't have a fund manager and I have invested in stocks on a low cost trading platform. Now I also have an account on Coinbase, which is an entirely different beast- different security, different responsibilities. It feels much more like owning physical goods than investing. There is a friction that would undoubtedly be solved by bitcoin ETFs. There's hundred of millions of causal investors who pr…
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That’s a fun site.
Crypto is a scam (including Bitcoin) anybody treating it otherwise is overly credulous or in on the scam. Maybe it started out with better intentions but it is irredeemable.
It rather seems like the opposite; an altruistic gift to humanity. An anonymous programmer produced a decentralized currency that solved the double spend problem and didn't even sell his coins.
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From this forum we shall organize the great retaking of “Web3” for the 3D paradigm it was always meant to be. It’s in the name!! It’s sad that blockchain went the way it did, because it’s probably a great technology when you don’t expect it to revolutionize the entire internet.
> it’s probably a great technology It really isn't. There's nothing legal it can do that something else can't do better. It's not even that good at the illegal stuff.
seems like it would work...
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Crypto is a scam (including Bitcoin) anybody treating it otherwise is overly credulous or in on the scam. Maybe it started out with better intentions but it is irredeemable.
Why do you say Bitcoin is a scam? It rather seems like the opposite; an altruistic gift to humanity. An anonymous programmer produced a decentralized currency that solved the double spend problem and didn't even sell his coins.
Earlier quoted context omitted.
From this forum we shall organize the great retaking of “Web3” for the 3D paradigm it was always meant to be. It’s in the name!! It’s sad that blockchain went the way it did, because it’s probably a great technology when you don’t expect it to revolutionize the entire internet.
> it’s probably a great technology It really isn't. There's nothing legal it can do that something else can't do better. It's not even that good at the illegal stuff.