The Crypto Thread

https://twitter.com/alexmoss/status/1484138206291443714

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Yeah props are pretty beatable still right now on US sportsbooks even if all you want to do is buy a sub to a reputable prop tour site and pay attention. Just have to be realistic about the dollars and not get greedy enough to get kicked off the books.

goddamn it’s like Snow Crash come to life!

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Now try to imagine next year when you enter Arrowhead that you must scan a QR code on your phone that represents your unique ownership of your digital ticket as an NFT on a blockchain.

You can scan your QR code now. How does blockchain make this process any more efficient?

Only you will have access to that QR you purchased using the smart contract protocol on that blockchain. No middle man, no fees, no scalping

Exchange from Chiefsplanet. Does this make sense? Can event ticket NFTs really eliminate middle men and scalping somehow? Does this require the NFL to play along and/or lose a source of income?

https://twitter.com/twitterblue/status/1484226494708662273?s=21

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There was an interesting House subcommitee hearing today on blockchain and energy use … actually, it may still be going on. Some interesting use cases discussed, along with the ability for miners to contribute to grid stability and encourage renewable energy. One new one to me: possibly tracking fruit from tree to consumer, to ensure food safety.

None of these lawmakers appear the least bit skeptical of blockchain innovation, though they all use the hearing to stake out positions on energy use or whatever else they want to talk about. Often the rhetoric is just silly or painful to listen to, but as a whole it may be useful.

https://energycommerce.house.gov/committee-activity/hearings/hearing-on-cleaning-up-cryptocurrency-the-energy-impacts-of-blockchains

This number jumped out. This is what Brian Brooks, CEO, BitFury, said during the hearing. I have no idea if it’s a lot or not.

It would also be bad to assume that the entire value of Bitcoin, for example, is measured just by the market cap of Bitcoin, because, in fact, the transaction throughput on the Bitcoin Blockchain is many, many times many multiples of the Bitcoin market cap. And that’s because the network that is Bitcoin has all kinds of transaction layers built on top of it, the Lightning Network being the most famous, that’s transacting hundreds of billions of dollars of transactions every day, using the Bitcoin Blockchain.

Yeah, this is one of the many things blockchain will never be used for. Qr codes for tickets you can’t resell is already a thing, no blockchain needed.

I would be 10,000% behind blockchain if it could eliminate ticketmaster and stubhub. Or at least force them to compete on price.

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Got em!

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lol the likes on riverman’s post and why they’re there.

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lol likes

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Oh fuck, the ethereum people heard I wanted to get into the game yesterday. Jokes on them, I havent bought yet! Suckersssssss

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I guess it’s all going to zero

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Someone chart ETH or BTC against the number of UPers joining the disc

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905778139832152134

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so suzzer may have been right

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close the borders until we figure out what the hell is going on

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