The Crypto Thread

The top reply on r/cryptocurrency to the poster asking “wtf nft?” Is basically this

https://www.instagram.com/tv/CWWX0TRjs-1/?utm_medium=copy_link

https://www.msn.com/en-ca/news/canada/hamilton-youth-charged-after-dollar46m-in-cryptocurrency-stolen-from-us-resident-was-used-to-get-gaming-username/ar-AAQPjr8?ocid=mailsignout&li=AAggFp5

Police said it’s the largest individual cryptocurrency theft from one person that’s ever been reported.

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“If you use the normal banking system, then the banks are regulated. You can say, ‘I didn’t mean to do that transaction.’ You can contact that bank, get the money back.”

Lol they had me until this part where they start making stuff up.

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This “code is law” ethos is exactly what I was talking about earlier. The fact that little Timmy and his merry band of based DeFi incels think they have a gentlemen’s agreement on The Law and that it overrides state and federal law is Michael Bolton pound-me-in-the-ass-prison-scene laughable. Note:

A number of legal experts who spoke to CoinDesk dismissed this notion, however, and said that while a case might be complex and perhaps novel, a court will not necessarily cede to DeFi’s unofficial ethos.

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This thread and the responses to it are amazing.

https://twitter.com/ohaiom/status/1451142195369725957

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only crypto going up right now is metaverse stuff

but I guess even if it fails doesn’t matter, there’s that 0 sales electric car that people think is the best company ever apparently. You just ride the but it could be that great wave.

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was higher in april than now then dropped by nearly 50% so yes a few months ago it’s far more but the swings are now bigger piles of money for those that kept buying in. I can’t take another 50% dip without it hurting a lot and I’m not sold BTC is gonna win in the long run.

I’ve been buying and holding steadily throughout the year and I’m still up over 30%

image

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Anyone else watching this Sotheby’s auction of the US Constitution?

The real question is, who is going to sell the first NFT of the US constitution auction at Sotheby’s?

Really makes ya think

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https://mobile.twitter.com/haralabob/status/1461497984063971331

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Wait so now I guess it was misreported and the DAO lost?

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ok ok I need the price to go up. I cant take this anymore. Every day I am checking the price and its dipping. Every day, check price, bad price. I cant take this anymore. I have over-invested – by a lot. It is what it is… but I need price to GO UP already. Can devs do something?

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https://twitter.com/sartoshi_nft/status/1461537152144134145?s=20

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ya constitutiondao lost

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oh and sothebys treats eth as a world currency now. pretty cool

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https://twitter.com/TheOnion/status/1461503247634546694?s=20

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As someone who has probably a bit too much in CRO I still find this insanely hilarious :joy: