Did some real gonzo journalism today and tried to take advantage of Chipotle's promotion where you get 99.95% off if you pay in ETH. It went about as embarrassingly as you would expect:
https://t.co/TsBzHros9K
If you're unsure about the mainstream media's role in normalizing and enabling fascism, the responses to Italy electing an outright fascist from a party that traces it's lineage to Mussolini makes it clear. Thread. 🧵
SCOOP: A Forbes investigation based on leaked documents, former employee testimonies, and blockchain data found that as @Helium crypto execs touted the equality of the "People's Network," they quietly amassed the majority of its wealth at the start.
https://t.co/PnriAvdUip
@dopefish_lives@web3isgreat For Coinbase, issue is mostly that they lied to Congress, though, if they did in fact engage in prop trading activities. WSJ is usually right, so...
@dopefish_lives@web3isgreat IIRC it's only illegal if you work at a large bank, although it's sketchy either way since you're incentivized to trade against your customers. Crypto also has a ton of longtail, illiquid assets where it's clear prop traders profit from manipulating the market.
@dopefish_lives@web3isgreat Prop traders are trading their own funds. Hedge funds are trading client funds and profit from commissions. In this context, means Coinbase uses their own money to profit from market activity by trading against their customers.
Nice guy, unless you're an American woman (he thinks we're brainwashed, per his convos in the company Slack) and unless you're LGBTQ+ anything (where he's very wrongly implied this cohort is sexualizing children on Twitter)... great man, truly.
Shout out to @jespow - incredible run as CEO and a true champion of crypto and freedom. Also one hell of a nice guy. Thank you for everything you've done!
🧵Christian Maloba needed a job. A 30-year-old student in the Democratic Republic of the Congo, he decided to offer translation services on Upwork. He wasn't having much luck until he got a strange message that sucked him into the world of crypto philanthropy
@UtahPolitician I work in crypto as a researcher; have "checked out" blockchain and IOT. At best, you're grossly overexaggerating the role blockchain could play in solving the issue, which requires a lot more than an append-only database. At worst those crypto lobbyist dollars went to yr head...