Many of us are familiar with the Forbes cover mark-of-death

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It looks like they are continuing the tradition of finding some of most obvious scams and charlatans and trying to boost them.

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Fukken lol

Source

Cross-posted from "I guess I want to believe this is false" by @[email protected] in [email protected]

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> 📊 Chainalysis put out some data claiming that at least half of all TRUMP and MELANIA #memecoin “investors” never bought a token on Solana before and most of them hold less than $200 worth while 50 "whales" have made profits of more than $10 million each, strongly suggesting that the biggest suckers in the #TrumpCoin grift are the #MAGA voter base. Feels like #JustinSun made a deal with Trump to let him fleece the MAGA base and drain money back to #China.

> Here’s the Chainalysis thread with the charts: x.com/chainalysis/status/18822

> I have some issues with #Chainalysis and suspect the data is actually even more damning than they’re saying… but I don’t have access to the data and what they’re saying is already extremely damning. (Kind of expect them to be forced to retract it by the company ownership because of the bad PR).

part 1: https://www.youtube.com/watch?v=8zjBj194el8

part 2: https://www.youtube.com/watch?v=7EbV7kyiKZA

archive: https://archive.is/H9H1I

!shrink wrapped copy of "cryptopunks" !back image. "All 10,000 CryptoPunks are presented together in this exclusive catalogue raisonne: a comprehensive listing including Punk, number, type colors, attributes and image hash." $100

why the fuck would anyone want a raisin catalog

archive: https://archive.is/5aTxJ

• news accompanied by another crypto scam
• price faked via >"$10b" of dubious stablecoin pseudodollars created out of thin air
• no liquidity, trading super thin (even more pumpable)
• public still not buying in
• (yet)
• lol

nothing has changed in my last few posts on the subject https://davidgerard.co.uk/blockchain/

>Those top players represent a mere 0.01% of all bitcoin holders and yet they control 27% of the digital currency, the Wall Street Journal reported. That compares to the old-fashion dollar, where the top 1% controlled 30% of total U.S. household wealth, according to Federal Reserve data.

Cross-posted from "US hacker sentenced to five years in the slammer for laundering the proceeds of nearly 120,000 stolen bitcoin worth $10,800,000,000 at today's prices" by @[email protected] in [email protected]

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> No, less. No wait, more. No, it's less again.

This seems to have been overshadowed by election news. For context, this area is in the downtown business core and is perpetually busy with foot traffic.

bonus HN thread https://news.ycombinator.com/item?id=42014013 :

!> For online service.. a $80 purchase costs at least $2.00. For a online purchase for computer hardware I paid over $45 for a $2k purchase. BTC fails hard in the real world as far as I'm concerned. The little I have left from mining while the sun was up, I'll use for just silly purchases online. > What you're missing is that it costs the same $2.00 to transfer $1T-worth of bitcoin. Try that with anything else that offers final settlement.

archive: https://archive.ph/osPSg

Hi,

For reasons too absurd to explain, this Wednesday I'm invited to a virtual "coffee break" with the speaker of one of Spain's cryptoexchanges, https://bit2me.com/. The event is organized by Cinco Días, one of the main economic newspapers in the country.

I'm looking for a list of potential questions I might ask if I have the chance. I already have the basics ("how's this different to a tulip", "what super-legitimate uses, apart from paying for drugs, hitmen, sex trafficking, launder money, evade taxes and inflate bubbles", "what about the electricity usage", etc), and given that BBVA (Spain's second largest bank) and Telefonica (Spain's main telco) are investing money, I also want to ask how they're handling the child porn they have in their servers.

If anyone has more suggestions, I'm all ears.

archive: https://archive.is/Ji6cs

Full resolution screenshot in question:

!

This is somewhat tangential to the usual fare here but I decided to make a post because why not.

I’ve been listening to the back catalog of the Judge John Hodgman podcast, and this ep came up. This ep is the second crypto based case after “crypto facto” in ep 333.

John Hodgman is a comedian, probs best known for being the “I’m a PC” guy in the “I’m a Mac” ad campaign from ancient times. In the podcast, he plays a fake judge that hears cases and makes judgements. In this ep, “Suing for Soul Custody,” he hears a case in which a husband wants to sell his soul on the blockchain, while his wife does not want him to do that.

Some good sneers against the crypto bro husband (in both this case and the other I linked). Brief spoilers as to the rulings in case you don’t want to listen:

Note: I like John Hodgman. He’s funny. He’s not really inside the tech space, but he is good friends with Jonathan Coulton, who is. If all you know of him is the “I’m a PC” ads, he has an entertaining wider catalogue worth checking out.

Check out this former Gala Games executive's statement about their motivation and how they are going to "fundamentally change the way the world functions".

no i have no idea who the satoshi of the week is