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I’m so curious as well. I can’t wait for details!

Question from a dummy - does this mean each sale of the album will be a separate NFT in the same way an artist can sell multiple editions of one artwork? And if so, does each edition take up its own space within the block chain?

How do I get started making $ off of NFTs?

rwp80 said:

Will it be shit and boring?

gimpisgawd said:

EDM producer did it s few days ago

Agelaius-Phoeniceus said:

The concert ticket part is more interesting, I think. That's a possible real use case. No idea how they're going to actually pull that off though on a technical level, it's not like Livenation is going to cooperate in any way.

coinfeeds-bot said:

tldr; Kings of Leon is the first band to release an album in the form of a non-fungible token (NFT). NFTs are a type of cryptocurrency, but instead of holding money, they can hold assets like art, tickets, and music. The band is selling three types of tokens as part of a series called “NFT Yourself.”

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ConfidenceNo2598 said:

Yeah I wonder how up to date intellectual property law is with any of this regarding who actually owns the song, but it’s super interesting (I’m also really dumb.)

If I buy this record, do I “own” it in the sense that I can register it with a PRO and collect mechanical royalties on it? Lol probably not, but what If instead of giving up 100% of the rights the royalties on the song/album could be split between owner and buyer by way of smart contract, then buying an NFT song could be considered investing in the potential for it to get a lot of airplay, placement in games/movies/commercials and any other licensing royalties that music recordings generate. It could open up a whole new arena for whale investors to be incentivized to push for the commercial success of artists they like for a shared profits. I think I might like the idea

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Makes sense, only one person was going to listen to it.

Will it allow me to re-sell it to someone else later?

If anyone knows, how exactly will this work. So I get a digital copy of the album per token and I get a ticket to go to the live show?

The real story here is that some journalist still cares enough to report on Kings of Leon.

It just not better be an over valued price. NFT has way too much hype right now.

It really should be an ERC-20 token with zero decimal places, though, because there will be many identical copies.

I think the most annoying thing about this is that they are not really engaging with the technology. They are just slapping it on as a way to make money and news. As a musician myself I had this idea of making an album of NFTs (now reading about the environmental impact I’m definitely more iffy about it) but the songs would be one of a kind and would be a single unique take. I’m not saying I’m better than KoL or anything but that that as an idea engages with the technology more and actually does something with it. Like already I find it interesting the idea of treating a song like a unique one of a kind painting at an auction, NFTs make it way more possible than before. What KoL is doing is just lazy

Sadly, the dominating type of artists in the crypto space so far are con-artists.

I have no idea what I just read lol

So I click a thing on my computer, and I download a thing that gives me music, and maybe some album art, or something. Except it's also like Napster, because a bunch of computers are connected in some kind of network?

This is super dumb. Just tell me what you're charging, and where I can get it. Don't pretend we're all on some Elon Musk shit just because we're downloading some music.

Great slow clap

Big problem is DOGE doesn't do NFT

I remember one of their songs from Guitar Hero.

I LOVE KOL!!!!!!!!

Will it be shit and boring?

Finding a way to be even bigger cornballs than before

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Interesting but I think we can not relate it to IOTA. Let's be patient...

All these bullish signs are piling up. We already had a bull run, but perhaps it was only the beginning.

Does this mean I can move my btc off PayPal?

Paypal and Mastercard are really enthusiastic about crypto, it seems. Soon they'll be going balls deep like the rest of us.

Every day for 2 straight months now, we keep hearing about new multi million dollar investments and new adoption practices. The bulls are truly in town.

Fyi, not same as CRV before yall crazily pump the coin

How high do you think will IOTA go? $20 by April?

Wow great iota will soon moon soon. Stars are aligning well. This is a great news!!!

Algo all the way!

What does this mean for Nano? Anything or nothing? I ask in reference to the, and I’m sorry, ‘PayPal killer’ pseudonym I’ve been hearing.

I wonder how this will affect iotas new partnership with curv.

Explains the Curve Pump /s

Interesting...

https://www.coindesk.com/algorand-teams-up-with-crypto-custodian-curv-for-trusted-defi

DeFi on Paypal?

In two week Elon Musk buys PayPal , makes Doge coin the currency of choice on PayPal.

A year later Doge Coin becomes the world reserve currency.

Everyone is give a Tesla as we rejoice in a utopia society.

So IOTA on PayPal soon...?

(https://blog.iota.org/iota-foundation-partners-with-curv-custody-to-expand-the-iota-token-ecosystem/)

HUGE DUBS

The bull run isn't over yet!

tldr; PayPal is said to be in the process of buying Curv, a technology firm that powers the secure storage of cryptocurrency. Curv has raised over $30 million to date, including a $23 million funding round in July of last year. PayPal did not return requests for comment by press time.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

PayPal Exchange incoming 📲

Currently this is only a rumour, even if it’s a rumour with more than one source. Big if it falls through though.

Time to put some $$ into Curv? :p

Mmm noice

This is big !!!

Too much instability. In 2020 alone things been worth tens of thousands differently over the space of a week.

Crypto currency could, Bitcoin specifically, not so much.

The United States will never let that happen

Bitcoin isn't ready for that level of transactions, but as a final settlement layer for another another system perhaps.

Hell no, it isn't, lmao. It's not ready for that much congestion.

tldr; Citi thinks bitcoin is at a "tipping point" and could one day "become the currency of choice for international trade" as firms like Tesla and PayPal warm to it and central banks explore issuing their own digital currencies. "Bitcoin's future is thus still uncertain, but developments in the near term are likely to prove decisive," Citi said.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

They bought the dip

I mean, I'm glad they are being positive about crypto, but they still seem pretty misguided on their expectations

Big nope

Nope.

No, they were never right about Bitcoin for the past decade and No - they don’t suddenly know more than you or I. Quite to the contrary in fact

thx for supporting the devs: cypherpunks code!

YES.

Also, thanks to the people who pay him, to enable him to contribute full time.

/u/hebasto, thank you so much! Your contributions to Bitcoin Core have thus far been invaluable. You are an inspiration and we cannot wait to see the cool things you work on next.

For folks reading this thread, feel free to engage us on twitter as well: https://twitter.com/CardCoinsCo/status/1366378529210978304

Serious question, sec has denied all Bitcoin etfs so far, what makes this one different?

that could be the first US ETF

tldr; The Chicago Board Options Exchange (CBOE) has officially filed to list shares of VanEck’s bitcoin exchange-traded fund (ETF). CBOE filed a Form 19b-4 on Monday, formally announcing its intention to list and trade shares of the Bitcoin Trust.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

tldr; The Chicago Board Options Exchange (CBOE) has officially filed to list shares of VanEck’s bitcoin exchange-traded fund (ETF). CBOE filed a Form 19b-4 on Monday, formally announcing its intention to list and trade shares of the Bitcoin Trust.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

What's the point of Bitcoin ETF if anyone can buy Bitcoin directly ?

"Not your keys, not your Bitcoins."

Bullish

https://archive.ph/hw2Bg

CBOE filed a Form 19b-4 Monday, formally announcing its intention to list and trade shares of the VanEck Bitcoin Trust. The form kicks off the legal review period that could lead to the first bitcoin ETF in the U.S.

While CBOE filing a 19b-4 starts the formal regulatory review process, the SEC still has to acknowledge it is reviewing the application before the first 45-day clock begins. Within those 45 days, the SEC has to either approve or disapprove the application, or extend the review period.

CBOE filed a Form 19b-4 Monday, formally announcing its intention to list and trade shares of the VanEck Bitcoin Trust. The form kicks off the legal review period that could lead to the first bitcoin ETF in the U.S.

While Cboe filing a 19b-4 starts the formal regulatory review process, the SEC still has to acknowledge it is reviewing the application before the first 45-day clock begins. Within those 45 days, the SEC has to either approve or disapprove the application, or extend the review period.

How does wasabi wallet make money to award this?

Glad to see the Bitcoin core devs getting paid.

right on ))

Deprive Reuters of ad revenue. Use this link to an archived version of the article:

https://archive.ph/NCFCD

tldr; Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, reports said. The trading desk is part of Goldman's activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies. Goldman is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

tldr; Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, reports said. The trading desk is part of Goldman's activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies. Goldman is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Known criminals want you to trust them.

lol

Not me.

Damn okay; they're going to “begin dealing bitcoin futures and non-deliverable forwards for clients.”

Bullish as fuck, and listen to this shit:

“As part of this work, the bank is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody, the source said.”

They believe in profit. Will probably ditch it the moment it no longer suits them. I hope however that they will not get a chance to do this. I would like to think that they believe in what it represents but hey...it is what it is. They would trade horse manure if it would make them a profit. Many will jump on the wagon to try and see how they cam manipulate things. That's just my opinion.

That's like stupid, the volatility alone would make it unusable. Nano/xlm would work.

How could it? The fees and time it takes to complete a transaction are a real downside of bitcoin. There are so many other great options.

Indeed, but Id rather see ADA or NANO being that.

Bitcoin speed is like a stroller compared to a lightspeed capable vessel like Cardano and NANO

I like it when you talk dirty to me

We have started a service that charges (Note 2) and makes it available for shopping at "Rakuten Pay (app payment)" and "Rakuten Point Card" member stores nationwide. For the first time in Japan, there is no limit on the transaction amount and no fee is charged for charging crypto assets (Note 3).

​

It can now be used for payment at supermarkets, convenience stores, drug stores, etc. in cities all over the country. If you pay with "Rakuten Pay (app payment)" using "Rakuten Cash", you will get 1 point (1%) for every 100 yen (tax included) of "Rakuten Points", which is the No. 1 overall satisfaction level (Note 5). Because you can save money, you can use crypto assets more conveniently and profitably.

​

Ok, let me get this straight. Not only can convert your stored Bitcoin in their app to Rakutencash on the fly, but you get cash back rewards on it too, and WITHOUT any fees in conversion? Wow, I mean just WOW. Those saying this isn't good don't get it. This is actually incredibly great and I'm excited they decided to implement it like this. Essentially their "store cash" is acting as a second layer solution and it paves the way for other companies to mimic this behavior, increasing adoption and reducing the impact to the Bitcoin network.

​

"Rakuten Cash" that can be charged from crypto assets ranges from a minimum of 1,000 yen to a maximum of 100,000 yen (cumulative for one month), and will be reflected in your "Rakuten Cash" balance after charging (Note 6).
　In addition, by this spring, you will be able to easily access the "Rakuten Wallet" app on the "Rakuten Pay" app, and you will be able to charge "Rakuten Cash" from crypto assets (Note 7).

A little bit limiting, $1k/mo, but it's certain to improve, and might just be related to taxes in Japan, I dunno on that. Plus, seems it can be used across the entire country and not just Rakuten stores. This is badass, this is consumer friendly, and incredibly bullish for innovation. It would be like Apple converting your stored Bitcoin in your phone wallet on the fly to be used with Apple Pay.

Fuck Bitcoin cash though. I'm irritated at that frankly, the world needs to stop supporting it. I understand that it's incredibly simple to implement if you already implemented Bitcoin, but it's just stupid. I can't imagine BCH will make it much longer before it gets delisted on most exchanges and thus no longer supported by corporations.

No Monero, no deal

Users of its cryptocurrency wallet can exchange bitcoin, ether and bitcoin cash for the firm's e-money, Rakuten Cash

NOPE. Either I pay directly via Lightning or not at all.

This is huge news

This is huge

Wait, something's wrong. Where are the 39827 comments about how your brain is the biggest and you're the smartest person on earth because you'd ever spend an appreciating currency that you have fifteen dollars of???

You wanna be the guy who paid 20000000 billion for a pizza in five to hundred years??? You'd regret it!!! If I only had bought bitcoin 200 years ago!!!

Do they send worldwide?

So if I understand correctly people can turn bitcoin into 'store currency' to buy stuff with. Not as good as you'd hope but I suppose its about what you expect until the lightning network becomes viable. Progress is progress.

Amazing!

This might explain why Bitcoin rose in value on Monday in Tokyo.

Am in Japan and am excited to make my next purchase online with Bitcoin..... wait a minute. I will just HODL

Amazon, best buy etc will follow soon.

I love Rakuten. They made my ebook reader and it's better than a Kindle.

tldr; Japanese e-commerce giant Rakuten is now allowing users to spend bitcoin and other cryptocurrencies at merchants throughout Japan. Users of its cryptocurrency wallet can exchange bitcoin, ether and bitcoin cash for the firm's e-money, Rakuten Cash, to charge its Pay app and Point credit card. The firm says it's not levying fees on such transfers, which can range from 1,000 yen ($9.37) to a maximum of $937.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

tldr; Japanese e-commerce giant Rakuten is now allowing users to spend bitcoin and other cryptocurrencies at merchants throughout Japan. Users of its cryptocurrency wallet can exchange bitcoin, ether and bitcoin cash for the firm's e-money, Rakuten Cash, to charge its Pay app and Point credit card. The firm says it's not levying fees on such transfers, which can range from 1,000 yen ($9.37) to a maximum of $937.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Bitcoin, Ether and Bitcoin Cash. Hoped to see Stellar or NANO in there

Big news boyz

Japan bros 🇯🇵

https://corp.rakuten.co.jp/news/press/2021/0224_03.html?year=2021&month=2&category=ec%20fintech

No it won't.

Pos

So what...they shut some down, then as less miners exist the network adapts and decreases the algorithm difficulty. So we have less miners and in turn use less energy but maintain performance. It’s like the Alaskan gold rush now, everyone floods in to try and get some $$$$

That's a bummer.

In before “This is just FUD” or “anti Bitcoin propaganda”

Governant wants to be the only miner.

How many times over the years have we heard that China is cracking down and banning bitcoin mining?

"energy-saving push"

yeah right

This is pure propaganda.

There are no doubt some smaller energy markets where people are getting screwed due to mining greed...but that’s anecdotal. In China in particular, miners largely use green energy, and surplus energy, and there’s a built-in rising incentive to move to these sources.

Still, this could have an overall positive effect on enhancing the decentralization of the bitcoin network.

It won’t do a damn thing to reduce carbon emissions.

Wouldn't be a problem if China bought enough coal to run there power plants 🤣 stingy government assholes.

Bullish!

Common people are paying the price for BTC energy consumption in the third world countries. I'm an Iranian and here is the same. Governments use electricity to mine bitcoin, and common people are pushed aside.

Anyone else think these monthly buys are done with yield from his bitcoin treasury?

Why is 300 bitcoins newsworthy? Thats like 0.0002% of the bitcoins and 0.1% of the volume. Imagine if every 300 bitcoin transaction was reported, lol

Better than I did today. 47k. Too slow because my wife wanted to have morning sex. I’m ok with being a little less rich

I LIKE THE COIN

Saylor puts his money where his mouth is, that’s for sure.

Id say there will he many 'small' buys from Michael Sailor, and many other funds/companies as they learn to navigate the price volatility - ultimately, it goes up though over time

This is the way.

15 million ? Scrapping the bottom of the barrel now

People talk about buying the dip, but this man lives it. Sometimes I wonder if the recent pullback was a well orchestrated plan so they could buy dips but ey, not a issue for HOLDrs right?

only 15 million?

Those are rookie numbers in this bracket. Got to pump those numbers up.

But is it true that Apple bought 3 billion bitcoins? I read the news just now.

A-Are we the Smart Money now...?

The guy only stops when he have 21 milion bitcoin

fucking legend

Where is MicroStrategy taking the money from? I guess not 30 year old dues but millionars and billionars, maybe Bill Gates? Who is investing there?

I wishwe brake the 50K again today. Makes me sleep better ..

Can this guy's please stop for a while. How can we accumulate if they buy every dip 😂😂😂

Does this suggest that BTC will likely not go under 45k in the next few days?

Panic sellers? Meet panic buyer. Saylor is legit panic buying.

He knows whats coming

Just some playmoney he throws at it while bitcoin going through some dipps

I sold them some of this. FML

Sucks I was going to dump all my tax refund in

Only 15m this time, Mike? You must be checking the sofa cushions to buy the dip. I can't judge, I did the same thing!

You paper hands could have waited till today to panic sell. i missed the sunday dip as the money hadn’t hit my account.

Cool! Thanks for sharing!

No more money to buy during the dip

Is Bitcoin price really economics, or merely gambling?

Hate bitcoin all you want but at it's core it's just mathematics and cryptography... It's far more trustworthy than wallstreet you can't naked short bitcoin... You can use it or not there is no easy manipulation of its inherent function.

See you all at 150k this winter.

People confuse tradition with wisdom, and end up regurgitating infrastructural axioms rather than any fundamental insight.

Bitcoin is free alpha as time decays, as beta is roughly zero. It's not rocket science. But people feel a need to play no true scotsman for some reason.

More coverage at:

• Bitcoin Rises as Citi, Goldman Find Crypto Allure Hard to Resist (msn.com)

• Bitcoin Could Become the No. 1 International Trade Currency, Says Citigroup Analysts (fool.com)

• Citi and Ruffer predict breakout moment for bitcoin (yahoo.com)

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