Bitcoin

[Sarah]

I believe some blockchains are worse than others but all seem objectively pretty wasteful. The "miners" are also causing issues for the PC gaming industry, with high-end graphics card shortages adding multiple £100s onto the cost of buying a gaming rig.

[Sarah]

Matt Hancock thinks we should all invest in crypto. Not him. Just us...
https://twitter.com/MichaelPDeacon/stat ... HFRXNa5ylg

Matt Hancock has doubled down on his support for crypto and said it is his “mission” to make the British public love digital assets.

“It’s right to say you may lose everything, but you may not right?” said Hancock, adding that he welcomes warnings from the FCA which make investors aware about the risks of investing in crypto.

Hancock, who does not invest in crypto himself, went on to dub rules restricting access to high risk investment products “patronising.”

https://www.cityam.com/my-mission-is-to ... s-hancock/

[Sarah]

The NFT boom might be ending... perhaps 'investors' have finally had enough of the colossal theft and scams around this space...

[planteria]

some things will no doubt be tokenised that will do very well, but i haven't ventured into NFTs of any kind. i'm accumulating btc at the moment.

[Sarah]

lol

[Sarah]

Hope nobody here was sitting on LUNA or TERRA the 'stablecoin' with vanishing stability...

'I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight
https://www.independent.co.uk/tech/terr ... 76655.html

A Financial Blitzkrieg Against Crypto - TerraUSD and Luna
https://youtu.be/Inr5t0Q_JGg

Some folks that highlighted the problems weeks or months ago...

Undeniable Proof that LUNA + UST = Ponzi
https://youtu.be/y_otSD3LYCA

Terra Luna, UST the biggest Ponzi Scheme ever. Deep Dive, including Proof!
https://youtu.be/4z3ROCrpvKQ

Looks like TETHER 'stablecoin' is in trouble too...

Crypto prices collapse with Tether latest ‘stablecoin’ to suffer
https://www.independent.co.uk/tech/bitc ... 78065.html