#bitcoin???
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Is anyone irked by that weird line in season 2 about Sam’s family being rich from bitcoin investments..?
#ray rants and junk#personal#Ted lasso#like#wtf was that all about??#like I kinda assumed that Sam’s family were wealthy#like that makes sense to me because clearly Sam is quite educated and all that and he seems like he came from money even before he became-#a professional footballer#that all makes sense#but like#bitcoin???#of all things???#I assumed that his parents/family were like business people back in Nigeria??#and it’s ESPECIALLY weird coming from his father who is clearly very aware of environmental issues and stuff like that#you’d think he’d be super against bitcoin for obvious reasons?? v#it’s also interesting when Sam says that thing in season 1 about JKR and how he admires that she’s rich because of her achievements and not-#because of who her family is or whatever and then they just drop the fact that Sam’s family own bitcoin#yeah idk…
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“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.
[...]
The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.
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How to Make Money on Coinbase: A Simple Guide
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#coinbase#bitcoin#binance#ethereum#bitcoin news#crypto#crypto updates#blockchain#crypto news#make money on coinbase
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Atari84
#cyberpunk#science fiction#80s#scifi#retro gaming#gaming#bitcoin#crypto#dystopian#crypto memes#pop art#retro computing#retro computer#1984#digital art#retro#rainbow#retrofuture#animation#1000
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daves n roses
#doodle backlog#homestuck#dave strider#rose lalonde#mine#strilondes#alpha dave's bitcoin necklace stolen shamelessly from desta
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Barbara Gordon: Cobblepot is trying to hide his money in the blockchain. Unfortunatly to him, Satoshi left some backdoors to use.
Tim: Yeah back in 2009 I didn't know how to code encryption of this level.
Babs: Of course in 2009 you were- DID YOU JUST SAY YOU CREATED BITCOIN ??
Tim: I was bored at home.
Babs: Are you aware some countries want your head ???
Tim: Tell them to wait in line.
#batman#batfamily#batfam#dc comics#tim drake#red robin#bitcoin#blockchain#batgirl#dc oracle#Oracle#barbara gordon#batfamily incorrect quotes
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Please, journalists everywhere, demand Trump explain cryptocurrency and Bitcoin.
Trump will 'nobody knows more about crypto than me' and never be tested.
It's journalistic dereliction of duty.
Are you afraid to show Trump is painfully dumb?
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My first iteratorsona, his name is "fucking 5 scraps of bitcoin"
#rain world#fanart#iterator oc#rw iterator#get a load of this guy#fucking 5 scraps of bitcoin#artinglober
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“Carbon neutral” Bitcoin operation founded by coal plant operator wasn’t actually carbon neutral
I'm at DEFCON! TODAY (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). TOMORROW (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).
Water is wet, and a Bitcoin thing turned out to be a scam. Why am I writing about a Bitcoin scam? Two reasons:
I. It's also a climate scam; and
II. The journalists who uncovered it have a unique business-model.
Here's the scam. Terawulf is a publicly traded company that purports to do "green" Bitcoin mining. Now, cryptocurrency mining is one of the most gratuitously climate-wrecking activities we have. Mining Bitcoin is an environmental crime on par with opening a brunch place that only serves Spotted Owl omelets.
Despite Terawulf's claim to be carbon-neutral, it is not. It plugs into the NY power grid and sucks up farcical quantities of energy produced from fossil fuel sources. The company doesn't buy even buy carbon credits (carbon credits are a scam, but buying carbon credits would at least make its crimes nonfraudulent):
https://pluralistic.net/2023/10/31/carbon-upsets/#big-tradeoff
Terawulf is a scam from top to bottom. Its NY state permit application promises not to pursue cryptocurrency mining, a thing it was actively trumpeting its plan to do even as it filed that application.
The company has its roots in the very dirtiest kinds of Bitcoin mining. Its top execs (including CEO Paul Prager) were involved with Beowulf Energy LLC, a company that convinced struggling coal plant operators to keep operating in order to fuel Bitcoin mining rigs. There's evidence that top execs at Terawulf, the "carbon neutral" Bitcoin mining op, are also running Beowulf, the coal Bitcoin mining op.
This is a very profitable scam. Prager owns a "small village" in Maryland, with more that 20 structures, including a private gas station for his Ferrari collection (he also has a five bedroom place on Fifth Ave). More than a third of Terawulf's earnings were funneled to Beowulf. Terawulf also leases its facilities from a company that Prager owns 99.9% of, and Terawulf has *showered * that company in its stock.
So here we are, a typical Bitcoin story: scammers lying like hell, wrecking the planet, and getting indecently rich. The guy's even spending his money like an asshole. So far, so normal.
But what's interesting about this story is where it came from: Hunterbrook Media, an investigative news outlet that's funded by a short seller – an investment firm that makes bets that companies' share prices are likely to decline. They stand to make a ton of money if the journalists they hire find fraud in the companies they investigate:
https://hntrbrk.com/terawulf/
It's an amazing source of class disunity among the investment class:
https://pluralistic.net/2024/04/08/money-talks/#bullshit-walks
As the icing on the cake, Prager and Terawulf are pivoting to AI training. Because of course they are.
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/08/09/terawulf/#hunterbrook
#pluralistic#greenwashing#hunterbrook#zero carbon bitcoin mining#bitcoin#btc#crypto#cryptocurrency#scams#climate#crypto mining#terawulf#hunterbrook media#paul prager#pivot to ai
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The richest 1% of humanity is responsible for more carbon emissions than the poorest 66%, with dire consequences for vulnerable communities and global efforts to tackle the climate emergency, a report says.
The most comprehensive study of global climate inequality ever undertaken shows that this elite group, made up of 77 million people including billionaires, millionaires and those paid more than US$140,000 (£112,500) a year, accounted for 16% of all CO2 emissions in 2019 – enough to cause more than a million excess deaths due to heat, according to the report.
Twelve billionaires’ climate emissions outpollute 2.1m homes, analysis finds
#climate crisis#oxfam#carbon emissions#can't believe I'm here stressing over washing my fucking table towels vs. using paper towels#and some fuckers are out there mining bitcoin 24/7
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i need a show or podcast or something that’s just aabria and taliesin as hosts for some sort of ttrpg equivalent to sports commentary where they’re barely paying attention to what’s happening and just bantering like they are during everyone else’s turns in this game because it’s delightful
#i also have no idea what aimee or laura did bc i was just listening to them talk about search history and bitcoin#critical role#aabria iyengar#taliesin jaffe#queen by midnight
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Can we be done with cryptocurrency now? Please?
We've been on this train for a while now:
Investing in Cryptocurrency is Bad and Stupid
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The Top 5 Longreads of the Week
In this week's Top 5:
* A Bitcoin-fuelled health nightmare in Texas (Time Magazine) * The hidden history of oil in Los Angeles (Noēma) * Buying fentanyl components online (Reuters) * Preservation over profit in Alberta, Canada (The Narhwal / The Globe and Mail) * Wayfinding with hand-drawn maps (The New York Times)
Learn why our editors are recommending these stories.
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I certainly didn’t see this being on my 2023 bingo card.
Edit: Ya’ll this meme above isn’t accurate anymore since other messages from the group came out. I made this meme when the first initial message came out.
The meme down below is more correct as to what’s probably happening with Ao3. Also wanted to say that despite the name of group, the people behind it are probably Russians.
Edit: July 11th, So Ao3 is back! Though the donation link is being attacked now. There’s also a second account on Twitter trying to impersonate Ao3.
#a03#fanfic#fanfiction#supernatural#ao3#hackers#anonymous Sudan#lgbt#ao3 smut#the disgusting smuts were the hackers words#like so what?#you can’t handle our noncon dubcon omegaverse angst mpreg smuts#go read fifty shades of grey then. it’s not our fault you can’t handle us#also the fact they called it disgusting smuts implies that they had to have went to ao3 and read smut on there#Edit: they just released a statement saying they want 30k in US dollars in bitcoin for the ao3 servers#i reblogged that statement twice I believe#and to hold a non profit organization as a virtual hostage?#really#like they’d have better luck holding Wattpad for hostage
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Why can’t we be left behind? Why do we need to be the global leaders in the use of fake internet money? Are there any material harms that would come about as a result of us falling behind in our use of MoneyLaunderingCoin, or is just that Trump’s team knows that you can sell people on virtually anything if you frame it as a matter of US vs. China competition
#Trump himself has called Bitcoin a scam before#I think this is one of those areas where he’s knowingly saying dumb shit for base-building reasons
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