The " #trillion #dollar #coin " is a #dumb #idea , but it's no dumber than what we are *already* doing: https://www.zerohedge.com/political/tril.. This is precisely how we end up in #hyper #inflation , although we are already on our way anyway.
Looks like #ussd #tron may be the next shit #crypto #coin to #fail https://old.reddit.com/r/Buttcoin/commen.. Apparently this is #contagion from #ftx and #alameda !
Watch #solana 's #sol - #binance just #suspended #trading in their #coin https://www.binance.com/en/support/annou.. It is now back up for now... https://www.binance.com/en/support/annou..
Hah, the #us 's #biden #administration are looking to create a #us #dollar #crypto #coin https://apnews.com/article/cryptocurrenc.. This likely means they could #print more #money without the need to actually #print it. One could also imagine it would be useful for them to be able to #control people's #accounts . This of course is all about #tax and nothing else.
Apparently the #eth #crypto switch from #pow to #pos has killed *all* #gpu #mining of the #coin , and the #miners have been largely #unsuccessful switching to other #coins https://www.pcgamer.com/reasons-to-be-ch.. Apparently all it took was 24 hours!
#zimbabwe created a #gold #standard #coin to prevent urther #inflation , as it always #trades at #world #gold #value https://www.zerohedge.com/economics/zimb.. They intend to create more of the successful #liquid #asset .
Interesting, it appears that tonnes of #crypto #coin #exchanges are looking at #bankruptcy https://fortune.com/2022/05/11/coinbase-.. We lost #luna the other day and people are looking into the #accounts of #tether and not finding anything good.
@barray on Fri May 13 10:08:51 UTC 2022 said: &e#terra #luna #crypto #stable #coin is #failing and also dragging down the likes of #tether with it: https://community.intercoin.org/t/what-b.. These #coins are supposed to be #pegged to the #us #dollar ...Interesting, the #crypto #market is all over the place. In this case #bitprime - a #retailer has been absolutely hammered: https://www.bitprime.co.nz/important-not.. #rumours suggest that big names like #tether may also be in trouble - and if the #stable #coins go, then the #value of #crypto mostly falls out for many people.
Can somebody *for the love of all that is good* please put #hilaryclinton back under the rock she crawled out from under: https://www.zerohedge.com/political/hill.. She doesn't know what she's talking about, she's not #relevant any more and nobody cares for her. She knows nothing of #crypto #coin or #blockchain ...
At least #zulip will not create a #crypto shit #coin https://blog.zulip.com/2021/11/12/why-no.. It's really concerning how many #companies / #platforms are getting involved with the #blockchain - including #facebook , #telegram , #signal , #twitter and #reddit ... Probably the biggest reason not to #implement it is the fact that #chat and #socialmedia do not need this.
#tether - a ' #stable ' #crypto #coin is being #fined by the #cftc for #lying about #reserves - as expected: https://www.bloomberg.com/news/articles/..
@barray on Mon Oct 11 03:50:36 UTC 2021 said: &eRegarding the point about the #republicans not raising the #debtceiling again, see the following #article https://www.zerohedge.com/political/mcco.. The only way the #democrats can go from here is to #mint a #arbitrary #value #coin - but in any case #inflation is inevitable...#jpmorgan are #diamondhands on their #short position against the #us #economy https://www.zerohedge.com/markets/jpmorg.. Remember that #republicans have upfront #refused to raise the #debtceiling again, and all the #democrats and #biden achieved with their current #budget is to buy #time ... They have zero plan to #restart the #us #economy before #christmas ...
Might be a good time to buy up the #gold - as many are selling in favour of a #bitcoin #hedge against #inflation https://www.zerohedge.com/markets/jpmorg.. The price of #bitcoin is based on #stable #coin #conversion #services - #tether is on the absolute brink of #collapse - and is #unstable at the best of times.
The #houseofcards for #tether could be about to fall: https://www.bloomberg.com/news/features/.. They have #billions of #dollars missing that #support it as a " #stable #coin "...
The #us #minting a new #trillion #dollar #platinum #coin of #arbitrary value could trigger a #constitutional #crisis https://www.zerohedge.com/economics/tril.. Also this is more #bullshit to #bypass a #rejection of a #vote that #failed to raise the #debtceiling ... #inflation is #inevitable - you either don't have enough money to pay the #debt , or you devalue your currency and indirectly #steal money from the #workingclass - #crashing the #economy anyway.
Apparently there may be an incoming #kiwicoin - a #crypto #coin based in the #nz #dollar https://aardvark.co.nz/daily/2021/1007.s.. Apparently this is the first step towards a #cashless #society - and possibly a sign of #inflation on the #horizon ... I would be *extremely* #hesitant to get on board with this - I really suspect the rug will be pulled from underneath people.