in 2021 crypto insiders believed it was the future of retail crowdfunding, of artist royalties, of worker-owned coops
but for outsiders, it was scams, pump-and-dumps, and gambling
in 2024 the outsiders still believe that—the difference is that insiders increasingly do as well
Honestly don’t know how much longer I’ll be bearing with crypto’s “we are still early” narrative. It’s been 15 years, the industry got so much financial and social capital during the bull run but it seems like it had spent most of it on parties, celebrity marketing and shitcoins
lizard brain take. reddit NFTs prove everyone loves being an insider to a new thing that gives them status and makes money
ppl don’t actually hate NFTs or crypto they hate that people who aren’t them get status and wealth from it because they think they deserve it more
The UK Government has made an ad about the spiralling cost of living crisis, and it’s surprisingly honest and informative 🇬🇧
👉 @dontpayuk
👉 @eiecampaign
👊 we're on patreon: https://t.co/e6YAu92IgT
I was today years old when I found out Cloudflare has a wall full of lava lamps they feed into a camera as a way to generate randomness to create cryptographic keys
Contagion effects are in the middle of playing out
Think of it as a virus that ravages the markets for months until it’s worked out of the system
It could send $BTC to $10-15k and $ETH to $300-500
These are levels I’d consider bidding
Note that this entire thread does not mean that my opinion on all the other blockchain games has changed. Play to earn (and even the play "and" earn fig leaf everyone's using now) are fundamentally broken IMHO, and the entire space is rife with scams.
More nerds less ponzi plz
In April, a team of cyberattackers attempted to breach an undersea cable off the coast of Hawaii.
The cable is part of a network that carries over 95% of the world’s data.
The attack is one of in a series of mysterious attacks on US infrastructure. Let's dig in.
.@CelsiusNetwork is pausing all withdrawals, Swap, and transfers between accounts. Acting in the interest of our community is our top priority. Our operations continue and we will continue to share information with the community. More here: https://t.co/CvjORUICs2
As the enormous tide of retail & investor money rolls out, games don't want to be left naked. In my latest piece, I discuss some shaky assumptions and growing problems within crypto gaming. https://t.co/QtjIdnRzTP
In the past 48 hours I have been contacted by several whistleblowers. These people would like to and will stay anonymous. I have learned some deeply troubling things and there is a lot more to come - this is just the very beginning. Here is some of what I can tell you.
Idk who needs to hear this but losing all your money is not the end of the world. Even losing more than you have. Don't do anything stupid.
I never shared this before but:
An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama.
Here's everything you need to know.
The $UST Depeg Thread:
👇
Triple A title video game: $60 to play a fully finished game.
Metaverse video game: $10000 for a character, you can play in 5 years when it’s built.
Something ain’t right here.
Post your best gameplay footage or a SS from https://t.co/rh3aorDElQ of your Splatter in battle, for a chance to win SPLATTER 998
Receive a bonus for the best recorded kill decided by the team.🤪
1️⃣ Like and retweet
2️⃣ Post your footage/SS
#IndieGameDev#NFTGiveaway#ETH#NFT