Flood of disinformation
On 1 January 2024, the World’s Centre of Gravity Will Shift: The Thirty-Fifth Newsletter (2023) Some billionaires embrace cryptocurrencies case hell Grayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.
Billionaires cryptocurrencies money hell
House Of The Dragon kiss wasn't awkward to film;elm:context_link;itc:0;sec:content-canvas" class="link ">Believe it or not, Milly Alcock says that House Of The Dragon kiss wasn't awkward to film What About African Wealth? Bitcoin ban?With bitcoin going parabolic and maverick boosters like MicroStrategy CEO Michael Saylor earning ears to the thesis that the dollar is a “melting ice cube,” concerns that the U.S. government could outright ban the cryptocurrency are surfacing.
Apple CEO Tim Cook slams Facebook’s Libra cryptocurrency as a power grab
In the last 10 years we have seen digital money, cryptocurrency added to the mix - from burying treasure, hiding cash in the mattress, to bank safety deposit accounts, FDIC, and regulatory bodies looking out for the interests of retail investors. MicroStrategy Doubles Bitcoin Profits as BTC Price Soars 463% In some ways, it’s great. Take FIFA as an example. Right now, you can purchase certain kits from the in-game marketplace and they’re only available for a limited time. If somebody starts playing in March, they can’t get those kits. If those things were NFTs, people would be able to jump onto a marketplace and buy them from somebody who isn’t using them anymore. The same goes for limited-time Fortnite skins or Destiny emotes. With that said, if you didn’t care about cosmetics before, then NFTs aren’t going to change your mind right now.
Some billionaires embrace cryptocurrencies money hell
In most places where it is currently practiced, this kind of “raw” capitalism is at least tempered by courts of law where suckers can have at least a chance of getting their money back when and if they have been defrauded. But only, of course, if they have been defrauded out of what the crypto fanatics like to call “fiat currency”. (But the people who fell for the 2x crypto fraud described in this Krebs article will only ever see their money again when hell freezes over.) Automatic Renewal Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
