Interesting take on #ftx potentially being created especially as a #scheme to #rob #crypto of any #value it has and back into the #traditional #finance #system https://www.zerohedge.com/crypto/alt-tak.. Very interesting read.
Never really considered the #value of #creditcard #information on the #darkweb - it's exceptionally #cheap https://www.zerohedge.com/technology/dar.. I guess the #risk is really high? Even so, many people out there are making an absolute killing.
This #article does a great job of #summarizing why #bitcoin #crypto is #doomed to #fail https://cryptostackers.substack.com/p/bi.. It #leaks #value for anybody who #holds #longterm , #mining #costs will keep #inflating over time, they #refuse to #upgrade their #network , the #community is somewhat of a #cult , and much more. If #bitcoin #btc falls, so does pretty much all of the #crypto #market .
Damn, apparently the #uk has tonnes of #billion #dollar #unicorn #startups - not a good thing as #unicorns don't actually exist: https://www.zerohedge.com/markets/uk-has.. These will likely be the first to let go during a #recession as their true #value is #discovered .
#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 .
This #mini #oled #hdmi #display is awesome! https://mitxela.com/projects/ddc-oled I believe the secret #value of this #article is that is quickly shows how to #integrate #arbitrary #displays into #linux ! Very cool!
Yes, #bitcoin and #crypto *is* a #ponzi scheme: https://www.ic.unicamp.br/~stolfi/bitcoi.. I get people message me all the time "should I invest?". When normal people, who know nothing about how it works, are looking to get involved, it is already a #latestage #pyramidscheme ... #growth will either taper out or it will #crash entirely. Given that there is no intrinsic #value to #cyber #coins - I suspect it will crash *hard.*
Interesting #discussion regarding why the #chinese #yuan is holding its #value for now: https://www.zerohedge.com/markets/shows-.. #china 's #ccp 's control of the #property #market is yet to be seen - it is inherently unstable.
@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 ...