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Source: cointelegraph.com ·
Xinxi Wang [Not giving away any crypto] - @TheRealXinxi
7 hs ago
Value https://t.co/O8ilpe11UR
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litecoin - @litecoin
11 hs ago
RT @Cointelegraph: Integration with fiat-money payment processors have started to bridge the gap between the #Litecoin blockchain and day-to-day transactions https://t.co/TUOP0XR7JP
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Takbira
Bullish 9 hs ago
If you see old lite coins punp you realise that in most cases the ath is reached in few weeks or days. Hopefully the next one is around the corner
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coinfeeds-bot
Approved CC Bot Yesterday
tldr; The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Litecoin's merchant acceptance is currently slightly less than half that of Bitcoin. There are now 3,111 businesses worldwide that accept LTC directly as payment, up from 2,230 last year.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
3
Odysseus_Lannister
Platinum | QC: CC 758 Yesterday
Why is Stephen strange using a lite coin instead of the time stone? MCU is banged
1
Intfamous
Platinum | QC: CC 251 | r/WallStreetBets 12 Yesterday
What does it have to do with Dr Strange though :D
3
jetro30087
Platinum | QC: CC 90, BTC 44 Yesterday
Some manner of sorcery must be reviving litecoin.
1
TurboDinoHippo
Yesterday
Litecoin was my first crypto. I don't have it anymore, but will always root for it nonetheless.
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Yesterday
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1
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Yesterday
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1
Source: medium.com ·
Tuur Demeester - @TuurDemeester
Yesterday
Bitcoin protocol stack FTW 💪
F̵a̵s̵t̵ ̵s̵e̵t̵t̵l̵i̵n̵g̵ ̵a̵l̵t̵c̵o̵i̵n̵s̵
̵C̵h̵e̵a̵p̵ ̵t̵r̵a̵n̵s̵a̵c̵t̵i̵o̵n̵ ̵a̵l̵t̵c̵o̵i̵n̵s̵
̵P̵r̵i̵v̵a̵c̵y̵ ̵a̵l̵t̵c̵o̵i̵n̵s̵
…
Smart contract altcoins https://t.co/ZNHAa24CkE
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tldr-hodl
Yesterday
Could someone please provide an example situation that couldn't be better solved by using Liquid or LN?
3
coinfeeds-bot
Yesterday
tldr; Federated E-Cash is an entity consisting of independent members that come together to create a multi-sig wallet for the purpose of being a blind, distributed custodian by acting as an e-cash mint. The mint accepts deposits and blindly issues an IOU or redeem receipt that can then be exchanged for bitcoin at the mint. When correctly implemented, the mint operators do not know the identities of their users.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
2
Source: a16z.com ·
Chris Dixon - @cdixon
Yesterday
RT @katie_haun: Today, we're welcoming Jai Ramaswamy to @a16z crypto as Chief Regulatory Officer. Jai has the right combo of nuanced perspective, deep expertise, and diverse experiences to help our portfolio navigate the regulatory environment https://t.co/waeOj7JSPo
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Rachael Horwitz - @RachaelRad
Yesterday
RT @katie_haun: Today, we're welcoming Jai Ramaswamy to @a16z crypto as Chief Regulatory Officer. Jai has the right combo of nuanced perspective, deep expertise, and diverse experiences to help our portfolio navigate the regulatory environment https://t.co/waeOj7JSPo
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Arianna Simpson - @AriannaSimpson
Yesterday
RT @katie_haun: Today, we're welcoming Jai Ramaswamy to @a16z crypto as Chief Regulatory Officer. Jai has the right combo of nuanced perspective, deep expertise, and diverse experiences to help our portfolio navigate the regulatory environment https://t.co/waeOj7JSPo
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2
Kathryn Haun - @katie_haun
Yesterday
Today, we're welcoming Jai Ramaswamy to @a16z crypto as Chief Regulatory Officer. Jai has the right combo of nuanced perspective, deep expertise, and diverse experiences to help our portfolio navigate the regulatory environment https://t.co/waeOj7JSPo
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Source: a16z.com ·
Kathryn Haun - @katie_haun
Yesterday
RT @cdixon: DAOs (decentralized autonomous organizations) are beginning to have real impact on the adoption of web3 products. @FWBtweets is one of the most promising, so I’m excited to share that @a16z crypto is investing in $FWB and joining the community. https://t.co/BAh8dldO7I
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467
Rachael Horwitz - @RachaelRad
Yesterday
RT @cdixon: DAOs (decentralized autonomous organizations) are beginning to have real impact on the adoption of web3 products. @FWBtweets is one of the most promising, so I’m excited to share that @a16z crypto is investing in $FWB and joining the community. https://t.co/BAh8dldO7I
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Chris Dixon - @cdixon
Yesterday
DAOs (decentralized autonomous organizations) are beginning to have real impact on the adoption of web3 products. @FWBtweets is one of the most promising, so I’m excited to share that @a16z crypto is investing in $FWB and joining the community. https://t.co/BAh8dldO7I
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Arianna Simpson - @AriannaSimpson
Yesterday
RT @WuCarra: gm. The rumors are true! We have invested in @FWBtweets, a DAO that has become the de facto home of web3’s growing creative class. https://t.co/ehq7efE117
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14
Beastlorion - @Beastlyorion
1 day ago
The forbidden cube. The one cube to rule them all. The tesseract. https://t.co/mvmyvqZvEZ
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2
Neeraj K. Agrawal - @NeerajKA
1 day ago
RT @TheStalwart: Great piece by @bigblackjacobin
Crypto Investors Are Bidding to Touch a 1,784-Pound Tungsten Cube Once a Year
https://t.co/4dEue0tDvo
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tms10000
Yesterday
What a bunch of idiots. Everyone knows the real deal is my tungsten based NFT. PM me your offer.
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Phirstnamelast
Yesterday
If it contains thoriated tungsten (or thorium) it's radioactive I think. Hmm.
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twerky_stark
Yesterday
Clearly it's not forbidden or you couldn't buy the right to touch it. What stupid clickbait spam.
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jstolfi
Yesterday
Reminds me of those Catholic churches where the faithful are allowed, once a year, to touch, or maybe just look at, a relicary with bones or blood of some medieval Saint. But there is no comparing the prices.
If the company goes bankrupt, or simply decides to sell the cube, will the NFT holders still have those "visitation" rights?
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thisistediousnow
Yesterday
I’m so out of touch with the crypto memes. Why the fuck is this a thing?
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Wafflashizzles
Yesterday
This is a genius way for a company that makes industrial cubes of tungsten to cash in on the moron money train of NFTs.
Oh, if you get through the whole article, you actually can take the cube with you if you own the NFT, but to do so, you need to send the NFT to a dead-end adress to be "burned" so that it can't be traded anymore.
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dyzo-blue
Yesterday
> can take the cube with you if you own the NFT, but to do so, you need to send the NFT to a dead-end adress to be "burned" so that it can't be traded anymore.
I think the point is no one would do that because the NFT should always be worth multiples of the value of the tungsten.
I think the buyer will go touch the tungsten once, get some social media likes, and then never bother making another trip.
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Wafflashizzles
Yesterday
Yeah, I can't imagine someone having much use for a nearly two ton cube of tungsten the size of a shoebox.
Can you imagine kicking that fucking thing in the morning on accident
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jstolfi
Yesterday
If I had enough money to spare, I would buy such a thing. That is what being a nerd means.
A couple years ago I bought a small bar of molybdenum just for that reason...
This joke was told by an "academic brother" of mine in his presentation at a computer science conference:
> A young man is walking through the woods one day, when suddenly a frog jumps out of the bushes into his path. To his amazement, it speaks loud and clear:
> "Young man, listen to me! I am a beautiful princess who was turned into a frog by an evil witch. The spell can be undone by a man's kiss; if you do that for me, I will do anything you want in return!"
> The guy carefully picks the frog up, stares at it for a moment -- and then says "Cool!", stuffs it into his pocket, and keeps walking on.
> "Young man, didn't you understand what I said? protests the frog. "I am a *very* beautiful princess! If you kiss me, I will do really *anything* you want. Will satisfy your most hidden desires. Please?"
> The man takes the frog out, smiles at it/her, says again "Cool!" and puts it/her back into the pocket.
> "Young man," calls the flog angrily, "what is wrong with you? You don't like girls, is that it? What a bad luck, with all the men in the world, it had to be a gay one..."
> The man takes out the frog and explains, "No, no, I do like girls, alright. But I am a computer nerd, and as such I am always too busy with my hacks, and don't have time for girls. But having a talking frog on my desk -- that is COOL!"
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Wafflashizzles
Yesterday
I don't know if spending $200,000 Dollars on a tungsten cube is exactly what being a nerd means, maybe if you really really really *really* like tungsten and can put it down somewhere in your house without having it plummet through the floor like an acme anvil
IMO spending $200,000 dollars on a cube that you literally can't do anything with unless you're making tanking shells is what being an idiot means to me but to each his own
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jstolfi
10 hs ago
$200,000 dollars is indeed way overblown. Tungsten metal price is about 30'000 USD per metric ton, so that cube should be worth only about that much -- even accounting for the uncommon "ingot" shape and size.
But as a non-nerd of course you would never understand. 😄
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jstolfi
10 hs ago
$200,000 dollars is indeed way overblown. Tungsten metal price is about 30'000 USD per metric ton, so that cube should be worth only about that much -- even accounting for the uncommon "ingot" shape and size.
But as a non-nerd of course you would never understand. 😄
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arcosapphire
Yesterday
Over the past two weeks, a joke fired off by Coin Center's Neeraj Agrawal about a nonexistent tungsten shortage thanks to crypto traders buying cubes of tungsten due to a meme actually caused one for Midwest Tungsten Service. The Illinois manufacturer actually creates small cubes of tungsten, and the tweet caused a 300 percent increase in sales that depleted the company’s stock on Amazon, Coindesk reported.
Our society is fucking stupid.
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Mr8BitX
Yesterday
It’s been especially stupid since the pandemic though. Makes me wonder about the inevitable fallout. I mean ffs the first thing people did when learning about a virus that affects your lungs was to go buy all the toilet paper.
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Kenionatus
Yesterday
Since we began selling the cube we have constantly asked ourselves, 'What is the right size?', and 'Would anyone buy a bigger cube?' Only recently has anyone asked us, or have we asked ourselves, 'What is the biggest cube we can make?' We have an answer that creates a bit of a problem. The answer is 14" and 1,784 lbs (809 kg). The problem is, what do with it if we make it.
Comedic poetry of the unintended kind
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juniparuie
Yesterday
Wish I was stupid. Wish I was dumb as bricks if it meant I could own a living space such as an apartment of my own and a car to not feel like I'm being leeched off by lucky people who got bred into money, assets and inheritances of thousands, tens of thousands, hudreds of thousands of dollars
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LotusSloth
Yesterday
With hard work and patience, you too can someday live minimally in a one bedroom suck shack. Just pull on those bootstraps harder.
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Slurmsmackenzie8
1 day ago
It’s like homeopathic investing. Dilute the investment so much that it becomes meaningless and the crypto bros will eat it up.
1
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1 day ago
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1
larrydahooster
2 days ago
This has to be satire.
If transportation was the problem, they could make the buyer take care of it. But instead they came up with a solution that perfectly mocks nft?
And the buyer is not allowed to take it home on the yearly visit? There is not such a law that regulates such a circumstance.
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topherisog
2 days ago
tangible object
not a procedurally generated jpeg of a cartoon ape
can't be right-click-saved
Well I'll be damned
20
Source: coindesk.com ·
Adam Back - @adam3us
1 day ago
RT @Blockstream: “People mistake Bitcoin's lengthy rigorous quality assurance as a lack of change. There is a pipeline of change and it’s large, but it has a slow release schedule because it needs testing.” - @adam3us https://t.co/60rXLUm1RR
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vasilenko93
2 days ago
Of course, we already minted over 80% of maximum supply, slowing down minting the remaining 20% won’t have the same effect as having minted only 20% of maximum supply and slowing down minting the remaining 80%
0
MrKittenz
2 days ago
Are you asking if cutting supply increased price?
You really think humans are pricing in something 10 years from now just because they know it’s going to happen?
The same people that over eat, smoke, don’t exercise, and the majority have less than enough savings to get through the year?
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Accomplished-Play-84
1 day ago
I doubt that the price for shares of Coke go up every June 21 on anticipation of increased summer sales. For the same reason I doubt that halvenings alone result in higher bitcoin prices. Correlation is not causation. What we're seeing is a confluence of forces and chance.
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MrKittenz
1 day ago
Well it is not alone, but is a key piece.
So it is just correlation that the same pattern happens right at halvenings which happens to be a cut in supply? Your Coke analogy is humorously off base for someone trying to say they understand market dynamics so well they are contrarian to the basic design of Bitcoin
If you think the next 3 halvenings are built into the price then you should short the crap out of bitcoin
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Accomplished-Play-84
1 day ago
I don't follow your logic. Just because the halvenings are priced in doesn't mean btc prices won't go up. They will go up. But mostly unpredictably. As economist Steven Landsburg pointed out a long time ago about stocks, their price changes are mostly random. Same with crypto -- even as they both go up long term.
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llewsor
2 days ago
how can it be priced in when the capabilities and use cases haven’t even been applied yet?
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vasilenko93
2 days ago
That is how investors operate, they buy ahead due to expectations, you know, buy before everyone else.
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roadydick
2 days ago
Lol there is no why it’s priced in - no one actually has any idea what this thing means except for a few deep technical ppl who have been in the BTC game forever
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ccModBot
CC Bot 2 days ago
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1
AtheIstan
Gold | QC: CC 90 | r/WallStreetBets 11 2 days ago
Every news that I have access to is priced in, and then some. Insider trading, alternative data and other knowledge that institutions and whales have access to means I will not pretend to know better when exactly the highs and lows will happen, so just HODL for a small fish like me.
0
spicolispizza
Gold | 4 months old | QC: CC 35 2 days ago
Ok yeah the average retail investor who's yet to FOMO in is totally waiting for this upgrade. In fact, my wife and I had a long discussion about this upgrade in bed last night before we went to sleep.
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DadofHome
Platinum | 3 months old | QC: CC 123 | TraderSubs 2 days ago
Classic married couples always thinking about forking but someone was tired and fell asleep.
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SuperShadyMonKey
Gold | QC: CC 75 2 days ago
Taproot also opens the doors to greater smart contract flexibility on Bitcoin. While complex smart contracts have been easy to create and enforce on other blockchain networks for years, Taproot is anticipated to lay the technical foundation needed to accelerate Decentralized Finance (DeFi) on the Bitcoin network. With Taproot's implementation, Bitcoin can host massive smart contracts with tens of thousands of signatories while obscuring all participants and retaining the size of a single-signature transaction.
🔥🔥🔥
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OrganicDroid
Platinum | QC: CC 477 | LINK 6 | r/Politics 41 2 days ago
Maybe the news of it is, but not the lingering effects of the actual upgrade. Sometimes saying something is priced in doesn’t even make sense.
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iNstein
Gold | QC: CC 118 2 days ago
Given that most people don't even know it exists, I highly doubt it.
3
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2 days ago
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1
beekeeperfrank
Platinum | QC: CC 334 2 days ago
people that aren’t aware of that won’t move price anyway
1
iNstein
Gold | QC: CC 118 2 days ago
It will be all over the media and they will fomo because people hear something is new, gotta be better so price rise. Self fulfilling prophecy.
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gesocks
Silver | QC: CC 718, ETH 20 | NANO 41 2 days ago
given that it will not change anything for most people i highly belive it
1
iNstein
Gold | QC: CC 118 2 days ago
People will hear privacy and smart contracts and not understand the context, just that these things are good.
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hquer
Gold | 3 months old | QC: CC 49, ETH 34, ADA 22 | 2 days ago
That sounds like 100% definite maybe
1
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2 days ago
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1
Source: heat.mirror.xyz ·
lawson baker : 88发 babafa - @lwsnbaker
1 day ago
ATTN: DANCERS
Metaverse dance moves may now be owned thanks to
@HEATDAO
https://t.co/9DKuQ0hbza https://t.co/dEueL5YeZg
0
3
Source: a16z.com ·
Arianna Simpson - @AriannaSimpson
8 hs ago
RT @alantsen: Most funds: here’s a blog post about what a term sheet is.
@a16z : Here are all the legal issues related to being structured as a DAO in the US and viable way forward. https://t.co/osnQ3qKlkv
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Hunter Horsley - @HHorsley
1 day ago
RT @milesjennings: 1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
https://t.co/eB6XiR1a5R
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818
Chris Burniske - @cburniske
1 day ago
RT @milesjennings: 1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
https://t.co/eB6XiR1a5R
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631
Rachael Horwitz - @RachaelRad
1 day ago
RT @milesjennings: 1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
https://t.co/eB6XiR1a5R
4
20
Lindsay X. Lin - @LindsayxLin
1 day ago
RT @milesjennings: 1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
https://t.co/eB6XiR1a5R
20
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Chris Dixon - @cdixon
1 day ago
RT @milesjennings: 1/ Over the past 6 months, @David_M_Kerr and I have been researching several legal issues facing many DAOs (liability, taxes, contracting, etc.) that are beginning to emerge and that threaten their viability. Today, we published a potential solution.👇
https://t.co/eB6XiR1a5R
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72
Source: reuters.com ·
Noah Ruderman ⚡ - @devilscompiler
1 day ago
Historic that plebs have been able to front run banks on exposure to a new asset class. All because it was a parallel system. https://t.co/lbN27l7p0O
0
3
Steph - @GoodStephV
1 day ago
RT @saylor: When large U.S. banks are able to hold #bitcoin on their balance sheets, everyone will want to buy it, no one will need to sell it, and you won't be able to afford it.
https://t.co/x4NfSt00m4
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vuthanhtuan2407
Yesterday
Most people can't afford it now. And a tragic few equate it to the tens of thousands of BTC they put up their nose using Silk Road.
1
Yelbaev
Yesterday
Whether it's banks or those hoarding Bitcoin now, a small elite will have the power and their interests are different than those of the people.
1
tsrdd
Yesterday
I love bitcoin, but how is it the solution for the future if you message of today is we wont be able to afford it?
A question on the point being conveyed rather than purpose of bitcoin, cause Im not selling either lol.
1
krak00
Yesterday
Never going to happen because they are smart enough to know it would quicken their demise.
But the commercial banks that are shareholders of the Federal Reserve will hold BTC!
2
ErinG2021
Yesterday
Very bullish 🔥🔥🔥! Hope to hear a lot more on upcoming earnings call. Hope Market also listening!
1
Divniy
1 day ago
So.. does this mean Bitcoin will be watered down by banks in the future? Surely they won't hold all the Bitcoin ppl have on accounts, they will hold operational amount + some% of reserves. Ofc you would be able to send it to Bitcoin address directly.. with some limit on size of operation.
Do you think, how much fake Bitcoin they can create out of thin air? Like, in % to real Bitcoin on Blockchain?
1
TheFutureofMoney
1 day ago
Translation: Banks are telling the FDIC "Find a way we can hold Bitcoin."
Banks know that Bitcoin is Netflix, and if they don't get onboard, they will become the next Blockbuster
1
Greencar59
1 day ago
United states , regulatory body start focusing on Bitcoin that's a good news.
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Informal_Recording89
redditor for 6 days 1 day ago
Who in their right mind would have a bank (of all entities) hold their crypto? It’s a dying trend before its even launched, banks are all about restricting your access to your (actually it’s theirs) money, once people realize how easy it is to buy / hold / trade crypto is - it’s game over for the antiquated and non scalable system, it’s older than yellow pages.
1
GradientPerception
1 day ago
This goes to show you how inept the people that are running our country are.
This is embarrassingly stupid.
1
bastion_12x
redditor for 6 weeks 1 day ago
this will be a good opportunity for legit custody management entities like bny melon
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Sideways_X1
1 day ago
Good God, it's like being at my first job and realizing my manager is an idiot... But bigger
1
Sarcastic_Hue_
1 day ago
“Some kind of collateral” ahah so the real money backing your shitcoin
Edit: also federal reserve asset 😜
1
ryficryptoguy
redditor for 7 weeks 1 day ago
US Government " can we just print dollars and turn them into bitcoins?"
1
lisper -
@lisper
1 day ago
The irony here is truly staggering. The whole point of cryptocurrencies is to eliminate the need for trusted third parties, and especially to eliminate the need for trusted third parties who are so heavily regulated that they are essentially arms of the government, like banks. Still, it is far from clear (at least to me) whether the FDIC chair is being clueless or devilishly clever here.
aazaa -
@aazaa
1 day ago
> Some banks have already begun dabbling in these areas without regulatory clarity. Earlier this month, U.S. Bancorp (USB.N) announced it was launching a cryptocurrency custody service for institutional investment managers.
This is fascinating. Within a mere 10 years, Bitcoin has gone from a toy to something now intersecting directly with the US banking system.
With each integration point, Bitcoin gets more difficult to legislate out of existence or destroy through capricious police action. Aside from Tether, this is one of the biggest risk factors cited by those who have studied Bitcoin in detail.
naveen99 -
@naveen99
1 day ago
Cryptographic custody of power is important to make sure power is wielded by the people designated to have power by the market. crucially this power can then be anonymous. Makes capture the flag much more difficult for rogue outsiders (outside of the market mechanism).
tehjoker -
@tehjoker
1 day ago
It's gonna be pretty funny to watch all the bitcoin people go into a tizzy when the banks buy a ton of bitcoin and start to regulate the economy by changing the money supply at will. It doesn't matter if there's some kind of theoretical cap on the supply. Say the bank buys 50% of the money supply, they can then double the number of coins at will. If they buy 90%, they can increase it by 10x.
pfisherman -
@pfisherman
1 day ago
This seems rather concerning. I am by no means an expert on banking or finance, but would this not create massive risk of contagion should the price of Bitcoin collapses?
I am all for people being able to experiment and bet their own money on cryptocurrencies, but I do not think that it is right for the general public to be exposed to this kind of risk.
web2sucks -
@web2sucks
1 day ago
Banks print endless amounts of fiat currencies, meanwhile bitcoin is transparent and capped at 21 million. The chancellor can not print more.
sebow -
@sebow
1 day ago
Well this is one simple reason why i don't recommend/hype up crypto anymore(or many other "decentralized" technologies).
Anyone who has been in the space could have seen it from miles away.
If people want truly decentralized,secure and anonymous money, you have to work from bottom upwards, starting with an infrastructure that's not centralized: think mesh networks,and you build on top of that.The obvious trade-off is there: performance, usability,etc, but at that point the target audience is vastly different.
Software "decentralization" is ~pointless considering the fact that if a country(US) or in best-case scenario a couple countries decide that it's over, well it is over, because they can quite literally pull the plug.Arguably Starlink looks like the next best choice, which from other aspects is even worse.
Source: decrypt.co ·
xSciFix
Platinum | QC: ETH 107, CC 231 | r/Politics 456 2 days ago
Been waiting on my miner order for a year now.
Will keep twiddling my thumbs I guess.
0
coinfeeds-bot
Approved CC Bot 2 days ago
tldr; Helium has partnered with Dish Network and FreedomFi to create a 5G wireless network. Users will be able to share 5G service by running a Helium node and earn the network’s HNT rewards token in return. Helium's original LongFi network was designed exclusively to power IoT devices such as sensors and trackers.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
1
Source: blog.coinlist.co ·
Source: ricburton.mirror.xyz ·
Richard Burton - @ricburton
1 day ago
RT @djngoma: “Designing for the merge, a sharded base layer, optimistic roll-ups, side chains, zero knowledge systems, and all kinds of new protocol upgrades is going to be a monumental task. It cannot be done by a single company. It will have to be done by a community.” https://t.co/2fySjhG8U7
2
8
$ALEX Masmej ☄️ - @AlexMasmej
2 days ago
RT @ricburton: Why Wallets Excite Me Again
https://t.co/iJtTV8FXTT
51
552
Source: babylonbee.com ·
Ryan Selkis - @twobitidiot
2 days ago
RT @TheBabylonBee: Janet Yellen Proposes Tax On Coins You Acquire In Mario https://t.co/2SkR7aK5v4
3454
16947
Shaun “No Capitulation” Sims ⚡️ - @shaunsims
2 days ago
RT @TheBabylonBee: Janet Yellen Proposes Tax On Coins You Acquire In Mario https://t.co/2SkR7aK5v4
2622
12900
Formal-Bat-6714
1 day ago
I realize this is satire but I wouldn't have been surprised in the least if it were true
1
Jezzes
1 day ago
What about steak? My freezer is filled with appreciating assets. Either way hyperinflation is here and they trying to tax it. This is shit hitting the fan in my book.
2
TheSakiBomber
1 day ago
Why is she proposing any taxes at all? Did someone vote her into a position of legislation?
1
TheTranscendentian
1 day ago
This has been fact-checked by Snopes and found to be false. Therefore it must be true.
2
jibbajabba99
1 day ago
Of course. I found a $20 dollar bill on the sidewalk, is it mine? Oh yes, I have to give the government 20 cents.
1
Joshau-k
1 day ago
I’d be happy to pay the tax if the government protects me from violence so the rest of the coins don’t fall out of me. Oh wait that’s sonic not Mario
1
vmlinux
1 day ago
Do we just post pure fucking fiction fake articles here now? I get that it's satire but the Republicans here think it's real
1
killer_cain
1 day ago
The horrible thing is this headline is actually believable these days, because if these control freaks could do this, they would.
4
ScipioAtTheGate
1 day ago
["Every time your little Mario or Luigi character on the screen collects a coin, that's an unrealized gain," said Yellen.](https://www.youtube.com/watch?v=Mc3t3IVkq60)
3
siliconflux
Classic Liberal with a Musket 1 day ago
It's not about the revenue.
It's about the monitoring and control.
6
VisualMod
GPT-REEEEEE 1 day ago
| User Report | |||
|---|---|---|---|
| Total Submissions | 54 | First Seen In WSB | 2 years ago |
| Total Comments | 432 | Previous DD | x x x x x |
| Account Age | 3 years | ^scan ^comment | ^scan ^submission |
| Vote Spam (NEW) | Click to Vote | Vote Approve (NEW) | Click to Vote |
1
AutoModerator
1 day ago
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1
ScipioAtTheGate
1 day ago
The price of Super Mario 64 NIB Graded WATA 9.0's fell 80% today on the news!
1
ScipioAtTheGate
1 day ago
Its not a scam if your the one making money off it. How do you even know if the cartridge is even actually in the sealed box?
0
Source: mirror.xyz ·
Scalar Capital - @scalarcapital
2 days ago
RT @parcelHQ: gm🔥
🎉 Big October Release 🎉
Introducing Automated Recurring Payouts for DAOs with @gelatonetwork on top of @gnosisSafe
...more👇
21
74
Linda Xie - @ljxie
2 days ago
RT @parcelHQ: gm🔥
🎉 Big October Release 🎉
Introducing Automated Recurring Payouts for DAOs with @gelatonetwork on top of @gnosisSafe
...more👇
21
74
Source: app.rari.capital ·
zooko - @zooko
2 days ago
RT @ErikVoorhees: Yield on USDC deposits is now over 20% here...
https://t.co/xZy8FCXhwP
(This yield comes from FOX holders who use FOX as collateral to borrow stables)
@ShapeShift_io @RariCapital https://t.co/4kQnfrUKOS
9
55
Erik Voorhees - @ErikVoorhees
2 days ago
Yield on USDC deposits is now over 20% here...
https://t.co/xZy8FCXhwP
(This yield comes from FOX holders who use FOX as collateral to borrow stables)
@ShapeShift_io @RariCapital https://t.co/4kQnfrUKOS
4
8
Source: decrypt.co ·
Neeraj K. Agrawal - @NeerajKA
2 days ago
crypto has been around long enough that its going to start being an unrelated detail in all kinds of random news stories https://t.co/4otQlEit3G
1
25
Jio43
Tin | 5 months old 1 day ago
Yes, the old we need more government censorship on social media while I go to Puerto Rico to create a tax haven for my crypto currency. 🤯🙃😂
1
cibamontana
Redditor for 4 months. 2 days ago
So she has made prudent financial decisions that allow her to make decisions in what she sees as the public’s best interest rather than be beholden to others - this is a problem?
1
Placebo17
Platinum | QC: BTC 90, CC 137, ETH 26 | NEO 20 | T 2 days ago
She wasn't a real whistleblower. It's was a psyop
1
gad_fly
8 - 9 years account age. 225 - 450 comment karma. 2 days ago
No censorship, ever, for anything.
1
SunriseFan99
Gold | QC: CC 118 | NANO 10 2 days ago
So let me break this down.
Facebook is in the wrong for obvious reasons, but the whistleblower herself is in no way better because she demands for more governmental regulations. Therefore, we should not pick a side in this case, even though we all hate Facebook, right?
But sure, crypto is still the way for all the people.
1
Janet811
Tin 2 days ago
Nowadays everyone wants to launch their own stablecoin and repeat the success of Tether.
1
tatabusa
Platinum | QC: ETH 57, CC 411 | TraderSubs 37 2 days ago
She is a statist scum no worse than the lizard Zuck
1
Sirius-AB
Silver | QC: CC 20 | NEO 103 2 days ago
never had a Facebook account, what am I missing?
1
BigBrainVibes
Gold | QC: CC 39 2 days ago
I deleted my Facebook a long time ago and never looked back.
1
SeatedDruid
Bronze 2 days ago
Crypto helping someone whose being persecuted by the people in power… Sounds about fucking right
1
whiteyfisk46
Platinum | QC: XLM 131 2 days ago
Not one for the all “canceling” bs, but if anything facebook deserves to be. It’s been a cancer in society for years. The world would be better off if facebook kicked the bucket.
1
1SandDollar
Silver | 3 months old | QC: CC 23 2 days ago
Sure, a censor from Facebook, now a trusted whistleblower with absolutely no push back or smears from oppo.....seems legit!
1
ShittingOutPosts
Platinum | QC: BTC 148, ADA 96, CC 195 | MiningSub 3 days ago
Crypto is helping to achieve financial freedom for millions of people.
1
rokosbasilica
Tin | CC critic 3 days ago
Oh yeah this
""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" *whistelblower* """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""Who
""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" *blew the whistle* """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""on facebook not censoring people enough and how the government should control the interneet moar. GTFOWTBS.
2
bthemonarch
I Dump, You Pump, We Pump and Dump 3 days ago
All I'm hearing is that I should accumulate Facebook.
1
bthemonarch
I Dump, You Pump, We Pump and Dump 3 days ago
I like how this whistleblower is just saying things everyone already knows...
1
Grhod
Silver | QC: CC 35 3 days ago
All "whistleblowers" get paid by someone who has an agenda. I'm no Facebook fan. But the fact is that someone is putting together a smear campaign and this person is just a piece of it. She's being paid. Don't doubt that.
1
ChangeNow_io
Silver | QC: BCH 43, BTC 56, XMR 61 | NANO 30 3 days ago
Can you blow my whistle, baby — whistle, baby
10x LONG
1
Source: cnbc.com ·
#33kByJuly3018Moku //not_giving_away_ETH\\ - @CarpeNoctom
2 days ago
RT @CNBC: Mastercard says any bank or merchant on its vast network can soon offer crypto services https://t.co/3ubtUHfrnv
179
480
Crypto Bobby - @crypto_bobby
2 days ago
RT @cmsholdings: For everything else there’s TETHER https://t.co/bp2RHyRWKs
5
64
mlamping
Spacling 1 day ago
Yep. And people sold. When this thing fires up again there are going to people who will cry
1
AmericanScream
2 days ago
Reminder: During the gold rush lots of legit companies sold crap to miners.
McDonald's also bundled Beanie Babies with their Happy Meals. It didn't mean McDonald's believed in the long term value of Beanie Babies. They just saw an opportunity to fleece enthusiasts like others in the industry.
7
icljoe
Tin | 6 months old 2 days ago
Excellent. Crypto is going mainstream now bitches! My tiny pile of crypto (most of it BTC and collecting daily interest) should make retirement much easier when I need it. Hell ya. Needed some decent news.
1
xyziggy
Redditor for 6 months. 2 days ago
now prepare for Mastercard, Visa, and others to try and one up each other in the ability to integrate crypto
it always starts with one or two, then there is a deluge of firms rushing in.
1
Sugusino
2 days ago
Well if Bitcoin really does become a worse cash, it will die really soon. If number don't go up, number go down.
2
Seamni
2 days ago
Floodgates have opened, the alternate financial system is here ready for the old collapse! Are you ready ?
1
proxyz10
2 days ago
now prepare for Mastercard, Visa, and others to try and one up each other in the ability to integrate crypto
it always starts with one or two, then there is a deluge of firms rushing in.
2
Printer-Pam
2 days ago
Something wrong with the pumpamentals, as it didn't move the price at all. Good news pumped TSLA 15% yesterday, and used to pump BTC even more.
11
Familiar-Luck8805
I make claims I can't back up 2 days ago
Cave dwellers are suspicious. And they have cause to be.
1
KirillxKirill
2 days ago
I think I've officially reached a point where I no longer care about almost any mainstream financial institutions doing something with bitcoin.
I don't know why, & I totally get why it's a big deal, but I just don't care about Mastercard doing anything. 🤔
1
ArtofZed
Platinum | QC: CC 775 2 days ago
That is a bullish news. However considering the slow implementation in Germany this could take years
1
a1Drummer07
Tin | r/Investing 15 2 days ago
Oh the irony. Can't get free of the enslaver banks without the help of the banks!
1
Practical_Peace797
CryptoHorde 2 days ago
Love it, ZEN or zen😜. How are you doing? Haven’t seen you pop up in awhile!
2
Practical_Peace797
CryptoHorde 2 days ago
The U.K. is in turmoil, or so I’ve been reading, Sorry! The US is pretty chaotic as well. I think we’re all feeling the social and financial pinch!
1
Bullywug
2 days ago
I don't agree with bitcoiners, but if they had a consistent set of principles, I might at least respect them. But "be your own bank" and "not your keys, not your coins" were supposed to emphasize that crypto was ostensibly about providing an alternative to the predatory financial wasteland we live in. And now they're celebrating Mastercard partnering with another company to offer "custodial services" for crypto. Everyone with any decency left the scene a long time ago, and all that's left is a bunch of mindless adherents of the cult of number go up.
40
Affect-Electrical
2 days ago
If you're using MasterCard, what does crypto bring to the table? No longer anonymous, no longer decentralized, it's just something you have to pay a fee to turn your (already working) money into, to then pay an additional fee every transaction? I can see MasterCard would offer it as it is another service they can charge for, but why would anyone bother?
22
NanoZaida
2 days ago
To be fair, this would be the answer you would get on the Bitcoin sub too. They don't like it anymore than you do.
5
tgpineapple
2 days ago
Most people buying bitcoin have their names attached to an exchange, and everyone else is using it to (the only good use) buy drugs. The buzzwords are just wank to convince yourself that you didn't throw your money away.
These people will clap when amazon starts up a mining pool
11
Owlstorm
2 days ago
You can still see a few of those original anarchist types holding etc/bch/xmr.
7
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
Anarchists are a wide group of people with differing beliefs. AnCaps and AnSocs aren't exactly after the same goals.
5
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
Yes they are they intend for a market driven society with an absence of government.
Not all anarchism is good or even logical.
0
bgieseler
2 days ago
Just because idiots call it anarchism doesn’t make it so. Its adherents have no connection to anarchism at large and it fully accepts and even celebrates economics hierarchy. Even the originators of the term had to point to hierarchical systems as examples because, say it with me, right wingers are dumb as pigshit.
9
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
The hierarchy it celebrates is one based on wealth. It seeks little to no permanent government/governing structures preferring the individual make those decisions through the market.
It might not be collectivist or egalitarian like many forms of anarchism but it is a form of anarchism as it adheres to not having a permanent governing structure.
0
filbertsnuts
clearly not the guy you should pay attention to 1 day ago
Feudalism requires government. AnCap desires no government and all coercion to come from market forces. It's dumb but it is still anarchism.
1
bgieseler
2 days ago
So? It’s hierarchical and therefore non-anarchist. This is basic shit, if right-wing liars calling something the wrong thing confuses you this deeply you may want to stay off the web as it is their main tactic and I’d hate to see you get tripped up.
8
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
No need to be insulting especially when you are incorrect. The lack of hierarchy is associated with left wing collectivist anarchism but the right wing/individualist forms of anarchism exist as well.
What defines anarchy is a lack of permanent governing bodies not overall equity/equality of possessions which you are calling a hierarchy.
1
hfwiuyf489y34f
2 days ago
> So? It’s hierarchical and therefore non-anarchist.
You're using the leftist political theory definition of anarchism, which I agree AnCaps don't meet. But AnCaps are anarchists by any *normal* sense of the word. You shouldn't expect everyone in the world to use a specialized definition of a word apropos of nothing
0
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
AnCaps believe in no permanent governing bodies. That is anarchist. It is not collectivist or left wing anarchism but it still is anarchism.
2
dbzer0
2 days ago
>AnCaps believe in no permanent governing bodies. That is anarchist.
Absolutely, not. Anarchism, as the historically existing political movement, at the very least, means "no rulers", not "no permanent governing bodies" whatever that means.
Saying "Anarchist Capitalism" is like saying "Anarchist Fascism". It's an oxymoron.
9
filbertsnuts
clearly not the guy you should pay attention to 2 days ago
AnCap doesn't require a ruler or a government. In fact it desires no government or ruling bodies. That makes it anarchic in nature.
Capitalism is in no way incompatible with anarchism to suggest otherwise means you don't know what capitalism means.
0
dbzer0
1 day ago
Capitalism requires bosses and landlords . They are your rulers. What I see is that it is you who does not understand neither anarchism nor Capitalism.
2
filbertsnuts
clearly not the guy you should pay attention to 1 day ago
The existence of an employer does not make a society not an anarchist one. The notion that anarchism requires a lack if hierarchy is inaccurate.
You are trapped in a collectivist definition of anarchism which us why you don't see the point im making.
0
sgtslaughterTV
warning, I like bit-Coin! 2 days ago
> I don't agree with bitcoiners, but if they had a consistent set of principles, I might at least respect them.
If we had a consistent set of principles, we would be no different from an MLM scheme. No offense, but what you say is a bit like, "Everyone needs to have a consistent set of principles towards veganism." From time to time I go on Vegan diets for weeks, but I don't give a shit about animals. I care more about staying healthy since I am prediabetic.
0
Ichabodblack
2 days ago
>From time to time I go on Vegan diets for weeks, but I don't give a shit about animals. I care more about staying healthy since I am prediabetic.
Then your principle on Veganism was consistent wasn't it....
8
sgtslaughterTV
warning, I like bit-Coin! 2 days ago
Not really no. A lot of hardcore vegans will say something like, "Animals are capable of feeling fear, love, compassion, and pain."
But I love eating B-dubs and hooters chicken wings man. I'm dieting now but my mouth is watering just thinking about it. Like I said, you can be a proponent or endorser of an ideal or an object or a technology and not be 100% consistent with the thoughts and beliefs that others have.
0
Ichabodblack
2 days ago
It's irrelevant what thoughts and ideals the others had. You, as an individual, have kept consistent in your principles on veganism.
We get *lots* of coiners here who swing their individual principals when it suits them
5
sgtslaughterTV
warning, I like bit-Coin! 2 days ago
So my principle is that "I think bitcoin is a better store of value than cash or gold, or maybe even real estate." Is that wrong?
0
spookmann
2 days ago
Note it doesn't say "can soon accept crypto".
It says "can soon integrate crypto into their products".
Then it says: "That includes bitcoin wallets, credit and debit cards that earn rewards in crypto and enable digital assets to be spent, and loyalty programs where airline or hotel points can be converted into bitcoin."
So it sounds like they want to put Rewards Points on the blockchain.
17
000Kurpitsa000
2 days ago
Actually sounds like a great marketing move.
Imagine all the free press when your hotel points are "securely stored" in the blockchain.
6
anonantibutter69
2 days ago
But who is going to pay in Bitcoin? Or ETH? Or XRP? Or XLM? OR BUSD? Is any of it better than regular fiat payment?
1
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2 days ago
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1
Cthulhooo
2 days ago
I dunno about that. If I was a hardcore bitcoiner I wouldn't be that happy that these mainstream companies keep "integrating" cryptocurrencies in the most controlling and rigid fashion possible as walled gardens. This way you get worst of BOTH worlds. But that's not surprising, this way they can afford to ignore the pain points of the AML/CFT complicance and various kinds of fraud and customer issues if it was possible to hop in or out of the blockchain into the ecosystem and they get to profit from it the lazy way.
Whether it's Robinhood, Paypal or other places where you can check in but never check out it's a variety of roach motels. Imagine a future in which only a fraction of a fraction of total bitcoin is in the wild and most of it is concentrated in walled gardens like Bitcoin Facebook, Bitcoin Paypal, Bitcoin Mastercard, Bitcoin Amazon or Bitcoin Wells Fargo. And all of those bitcoins are spread around central parties that hold them in dedicated custodians but the users don't care that much. However those that care know that you sometimes can move them between those custodians...with their permission. Is that the future you want?
6
000Kurpitsa000
2 days ago
Sounds like world wide adoption of bitcoin. That is always good for bitcon
0
arctic_bull
2 days ago
See that’s where you’re sort of right. The news keeps getting worse for everyone, it’s just the folks here realize it.
19
Tbon3St3ak
ALCHEMIST 2 days ago
It’s definitely not obsolete or dead. When big news comes about binance listing its on.
2
mob83519000795
2 days ago
As a business owner who owns crypto myself I’m not taking any crypto until this bull run is over I’m not getting stuck with a bag until next bull cycle.
2
R3lentless1
The Daywalker - OG MOD 2 days ago
but how much more can you make if you put that money into crypto in stead of a lambo...
3
JeremySoCa
Mod'Father OG :illuminati: 2 days ago
You’re always in waiting to piss on someone’s dreams foxy. 🤦🏻♂️
2
R3lentless1
The Daywalker - OG MOD Yesterday
Just keepin it real lol
1
PearTreeGaming
Gold | QC: ADA 22, CC 20 2 days ago
Isn't Visa already doing this? Welcome to the game Mastercard!
1
jules-jules -
@jules-jules
2 days ago
Wonder if this will be picked up by users here. Evidence of crypto adoption which was often lamented as lacking, seems to go unnoticed here a lot.
> Houston Pension Buys Crypto, an Asset ‘We Could Not Ignore’ (Bloomberg) [1]
> Fixed-income titan Pimco is starting to embrace cryptocurrencies, CIO says (cnbc.com) [2]
[1] https://news.ycombinator.com/item?id=28945833 [2] https://news.ycombinator.com/item?id=28936897
Source: shows.banklesshq.com ·
- @_lordmax_
3 days ago
This is *the* tectonic shift slow-burning through crypto industry. NFT/DeFi/tknziation are all bits of "crypto civilization" being flipped to "true". Cold storage, armed bunkers in Swiss Alps, etc are old bits of early bootstrapping "crypto anarchism", now being switched "false" https://t.co/ozqSwci66N
0
0
Ryan Selkis - @twobitidiot
3 days ago
RT @balajis: Why is crypto-civilization better than crypto-anarchy?
Many valuable social goods (high trust, low crime, running water, electricity, etc) have high upfront costs and can’t easily be bought as one offs.
If states fail, we want new states, not no states. https://t.co/FAeEDgf1pm
41
241
Balaji S. Srinivasan - @balajis
4 days ago
Why is crypto-civilization better than crypto-anarchy?
Many valuable social goods (high trust, low crime, running water, electricity, etc) have high upfront costs and can’t easily be bought as one offs.
If states fail, we want new states, not no states. https://t.co/FAeEDgf1pm
5
44
Source: thinkadvisor.com ·
lawson baker : 88发 babafa - @lwsnbaker
5 days ago
RT @cyounessi1: I’d have so much more respect for Barry (i.e., >0) if they stopped hawking trash like zen and xlm onto the masses.
Like imagine being a billionaire and still feeling the need to peddle literal trash onto unsuspecting plebs. Sad. https://t.co/R26jZHCOVk
2
0
zooko - @zooko
5 days ago
RT @Martian_Han: Do you know what that means? This is just the beginning $Zec #zcash $zcsh https://t.co/5sHYGSRF9h
1
14
Source: decrypt.co ·
Peter Van Valkenburgh - @valkenburgh
5 days ago
If I could send one news story back in time to myself when we started coin center... https://t.co/FzT6JnKp50
2
10
Neeraj K. Agrawal - @NeerajKA
5 days ago
Tungsten Cube NFT Sales on Solana Raise $100K for Coin Center https://t.co/BDgfu0FxNE
2
36
Source: brightmoments.mirror.xyz ·
Stephen McKeon - @sbmckeon
5 days ago
RT @brtmoments: Drop link & info for @tylerxhobbs Incomplete Control dutch auction @viamirror
- Fri Oct 22 @ Noon ET
- 50 Golden Tokens available to purchase
- 90 min auction
- Price declines every 5 mins
- Starting @ 500 ETH, Ending @ 5 ETH
- 1 purchase per ETH address
https://t.co/ykNCvMMxgk
4
8
Source: forefront.market ·
Scalar Capital - @scalarcapital
6 days ago
RT @forefront__: 1/n - In July, @coopahtroopa x FF collabed on a "Social Token Refresh" a follow-up to the 2020 Social Token Year in Review.
Today, we're dropping our Social Token Mid-Year Report, a pocket-sized numbers edition of the Refresh and Review!
READ ↓ https://t.co/3LbZjgep9o
12
26
Linda Xie - @ljxie
6 days ago
RT @forefront__: 1/n - In July, @coopahtroopa x FF collabed on a "Social Token Refresh" a follow-up to the 2020 Social Token Year in Review.
Today, we're dropping our Social Token Mid-Year Report, a pocket-sized numbers edition of the Refresh and Review!
READ ↓ https://t.co/3LbZjgep9o
12
26
Source: blog.cosmos.network ·
Ryan Selkis - @twobitidiot
6 days ago
RT @cosmos: 🚀IBC is Enabled on Terra!
@terra_money with its ecosystem worth more than $18 Billion just joined the #IBCgang, enhancing trading on Cosmos DEXs for $LUNA & $UST, the 5th-largest fiat-pegged stablecoin.
Terra, Welcome to the Internet of Blockchains!
https://t.co/yMSum0PHHj
345
1249
Erik Voorhees - @ErikVoorhees
6 days ago
Assets (such as the world's largest decentralized stablecoin, UST) can now move between #Terra <> #Cosmos https://t.co/CJKCULQNyT
21
117
coinfeeds-bot
Approved CC Bot 6 days ago
tldr; Terra is the latest major player to join the Internet of Blockchains (IBC) network, bringing its native LUNA token and popular stablecoin USDTerra with it. Terra’s inclusion takes the total number of IBC-enabled chains to 18, registering over 1.2 million IBC transactions per month. Terra will be focusing on enabling IBC with LUNA and UST first, but soon its DeFi protocols will follow.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
3
NobleEther
☨Ξ 6 days ago
Your kids will live the dream.
No student debts. That’s a burden most carry, which they won’t have.
1
Jazza86
Cosmosis Farmer 6 days ago
Yup .... now if they would just airdrop us some to get us started ... 😅
2
Source: coindesk.com ·
zooko - @zooko
6 days ago
RT @MarcHochstein: We have the receipts, literally. https://t.co/KNQ912GPbW
4
17
Jameson Lopp - @lopp
6 days ago
RT @CoinDesk: SCOOP: @walmart is letting shoppers buy #bitcoin at dozens of its U.S. locations via @coinstar kiosks.
We checked. In person. At a store. It works.
@IanAllison123 reports
https://t.co/zqs3VkFlo8
177
566
DrKamikadze
5 days ago
Would not be surprised if this is just the beginning, BA.
Walmart now, Target and grocery stores next. Just getting started.
1
jwzheng
5 days ago
Coin star has been in Walmart for years they are only updating their machines to buy BTC.
3
sasha3736
5 days ago
They might wanna install new shopping carts first before anything. Just ghetto shopping carts with no cup holders. Probably carts from when RedOwl was around.
1
1UazZNfbWi
5 days ago
CoinStar is a very American thing. In other countries you change your money at the bank for free.
[Source: I met the guy who owns CoinStar in the Hilton Hawaii once. He felt that saving nearly 10 per cent of your money by driving a few hundred yards to the bank instead of giving it to him, was sheer madness. We don't keep in touch.]
1
1UazZNfbWi
5 days ago
CoinStar is a very American thing. In other countries you change your money at the bank for free.
[Source: I met the guy who owns CoinStar in the Hilton Hawaii once. He felt that saving nearly 10 per cent of your money by driving a few hundred yards to the bank instead of giving it to him, was sheer madness. We don't keep in touch.]
1
stink_bot
5 days ago
"Part of the process includes passing a "know-your-customer" check".
I'm out!
1
wtfCraigwtf
6 days ago
Those ATMs are a KYC trap. The only thing you can buy at the Coinstar machine is a voucher that is redeemable on the shitty Coinme exchange after you KYC and pay >10% in fees.
After inserting bills into the machine, a paper voucher is issued. The next stage involves setting up a Coinme account and passing a know-your-customer (KYC) check before the voucher can be redeemed. The machine charges a 4% fee for the bitcoin option, plus another 7% cash exchange fee 🤡
8
jtooker
5 days ago
I was really excited when I heard about this a few years ago and was equally disappointed when I learned about the extra steps, including KYC. I would have been 'fine' with the 10% fee if that was the cost of convenience. As it stands, this product is completely antithetical to Bitcoin (but so is much of BTC, so it goes).
If it gets people into bitcoin, great, but hopefully there will be better competitors in the future.
3
champagnefabulou
6 days ago
That's the power of adoption tbh. Both merchants and consumers are ready to adopt the crypto payment option as a better means of payment for goods sold and service rendered
1
maserma
6 days ago
Only BTC at coinstar currently, but according to their FAQ they will be offering other cryptocurrencies in 2021. This might mean bitcoin cash support in the next few months.
5
konieczko
5 days ago
Thats good but when will they actually TAKE btc? They dont even take PayPal now 😞
1
hero462
5 days ago
That would be sweet. They'll have an instant customer in me.
Edit: nevermind after hearing about the KYC bullshit.
1
chainxor
5 days ago
No, it is BCH is THE Bitcoin - p2p cash that works. OGs know that. BTC is the highjacked, overvalued, crippled shitcoin.
3
Minimummaximum21
6 days ago
Oh yes, the sub penny to use coin is so shitty. I mean with it's decentralized permissionless Blockchain , no one likes that.
6
throwaway_1_1_1_1
6 days ago
It's sub penny because no one is using it. Blocks are empty. Scam centralised dead alt bch
0
chainxor
5 days ago
90-100K tx pr. day - hardly qualifies as "no one uses it".
Stop being so retarded.
2
throwaway_1_1_1_1
6 days ago
Yes I'm brainwashed says the guy claiming a shitcoin alt is bitcoin lool
0
Minimummaximum21
6 days ago
It seems like you're reading comprehension needs a little work as well I can tip you some money if you need some classes
5
himynameisnocke
6 days ago
Why do they need to be this big? Its not like they would store the btc there.
1
nickname432
6 days ago
Just like the gold exchanges in super market where people don't trust the value of their national fiat currencies
Must be good business
Btc atms started popping up here as well, however they disappeared lately. Nothing to worry though, probably just Christine La Garde being salty.
1
dellemonade
6 days ago
Lol, that's how to write a catchy article headline. Coinstar is a machine service that allows you to turn your loose change into cash, gift cards, etc. This is more Walmart decided to put Coinstars in there stores than Bitcoin atms in their store.
3
CuriouslyOpinionated
6 days ago
These are complete rip offs. I tried one earlier this week just out of pure curiosity. Put $50 dollars in and by the time I converted my voucher and transferred the BTC to my wallet, I was left with $43 worth of BTC. Not only are there fees for both getting the voucher and moving it to your own secure wallet, they inflate the BTC purchase price. Case in point, BTC was at about $62k at the time of purchase but Coinstar had BTC at $66k.
That said it was kind of entertaining to purchase BTC using an atm. Just wouldn’t ever do it again.
1
CuriouslyOpinionated
6 days ago
For this particular atm, Coinstar, it is not anonymous. You have to download an app called Coinme which does a KYC including email and phone number which is then verified.
1
couple4hire
6 days ago
its not the fees that isn't really a issue, its the KYC that you won't know tiill you get the receipt. They do not tell you, you need to verify before they release the funds to you
10% for privacy is worth it unless you don't care then just go to coinbase
5
SPedigrees
6 days ago
You can check on the policies of any particular ATM at https://coinatmradar.com/
1
KayneGirl
redditor for 6 weeks 6 days ago
Still waiting on a way to convert my Bitcoin to cash to do weekly grocery shopping without having to give so much personal info.
11
hocusseswrathfulb3
5 days ago
This is very much possible, especially with the advent crypto cards. There are several of them out there you can use out there. I do make use of Baanx card to do this and the transaction fee I'm being charge is almost negligble. Crypto.com card is also a good one to use.
3
IamGlennBeck
6 days ago
It is a gift card not cash, but they have major grocery store chains and only require an email.
https://www.bitrefill.com/buy/usa/food/
6
LauriNiemiy
6 days ago
It will be a lot easier when you make use of a crypto card to actually do your weekly grocery shopping and even get some bonus for making use of the service.
2
Tungsten_Rain
6 days ago
The bitcoin ATMs in my city charge a 25% fee. So, you put in $100 get $75 worth of crypto. That's ridiculous.
8
wardersotiatryr2ld
5 days ago
IMO this is really absurd. I rather prefer to go through the option of using Crypto cards and one I'm conversant with is the Baanx card which I can use at over 40million merchant stores
2
Gorroseg
6 days ago
I would rather make use of a centralized on-ramp service directly from my account than use that ATM with such a fee.
2
ProbablyInfamous
6 days ago
Gosh, i thought the one near me (which charges "no fee," but exchanges at 88% of major exchange rates) was criminal.
2
JamesWasilHasReddit
6 days ago
Centralized bullshit. No thanks. I'll find another bitcoin atm instead that doesn't tell me what wallet I have to use or track it like fiat.
12
Maleficent_Plankton
6 days ago
> The machine charges a 4% fee for the bitcoin option, plus another 7% cash exchange fee
11% fees. No thank you
9
LauriNiemiy
6 days ago
This is the reason I prefer to use crypto cards, as they don't charge high for a transaction and I even get cash back when doing so.
3
Source: arkadikofinance.medium.com ·
Muneeb Ali - @muneeb
6 days ago
RT @Melt_Dem: 1/ proud to back @ArkadikoFinance via a strategic investment from @CoinSharesCo
we are excited to build, buy, and partner with projects in the @Stacks ecosystem
https://t.co/jD2jy906oe
15
98
Meltem Demirors - @Melt_Dem
6 days ago
1/ proud to back @ArkadikoFinance via a strategic investment from @CoinSharesCo
we are excited to build, buy, and partner with projects in the @Stacks ecosystem
https://t.co/jD2jy906oe
2
6
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