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11 votes
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CFTC is suing Binance, CEO Changpeng Zhao
4 votes -
My channels were hacked, streamed crypto scams, then deleted last night
12 votes -
What's the best way to save/store money?
Lately I've been thinking about withdrawing most if not all my money off the bank and investing in a safe box, but I'm not sure how wise of a decision that is. How does everyone here go about...
Lately I've been thinking about withdrawing most if not all my money off the bank and investing in a safe box, but I'm not sure how wise of a decision that is. How does everyone here go about that? Do you keep your money in the bank? Do you have a safe box at home? Why one over the other? Do you invest some of it, say in things like cryptocurrencies/stocks? What would you recommend or advice someone to do in regards to this if you could?
12 votes -
The rich have their own ethics: Effective altruism and the crypto crash
11 votes -
Norway has seized a record $5.8 million worth of cryptocurrency that was stolen by North Korean hackers last year
5 votes -
Scams, zealots, and jet skis: Life inside the crypto scene
3 votes -
Sam Bankman-Fried: FTX founder arrested in Bahamas
11 votes -
At least $1 billion of client funds missing at failed crypto firm FTX, sources say
23 votes -
3pool: The canary in the Tether coalmine
3 votes -
Telegram is auctioning off rare usernames on the TON blockchain
4 votes -
SourceHut bans cryptocurrency-related projects
15 votes -
The crypto story: Where it came from, what it all means, and why it still matters
13 votes -
openbb terminal is a open source investment research platform (stocks, index funds, crypto etc)
3 votes -
The Ethereum Merge is done, opening a new era for the second-biggest blockchain
23 votes -
Inside the crypto black markets of Argentina
4 votes -
Reddit launches NFTs
30 votes -
SEC charges eleven people in alleged $300 million crypto Ponzi scheme
10 votes -
RadioShack would like to clarify that its Twitter account wasn’t hacked. It just sells crypto now.
18 votes -
Coinbase is selling US Immigration and Customs Enforcement (ICE) a suite of features used to track and identify cryptocurrency users
11 votes -
$100 million worth of crypto has been stolen in another major hack
9 votes -
The problem with NFTs
8 votes -
Coinbase to lay off 18% of staff (1,110 people) because the company grew too quickly and a potential recession "could lead to another crypto winter"
17 votes -
Celsius crypto bank freezes withdrawals; bitcoin, etherium plunge
12 votes -
In defense of crypto(currency)
6 votes -
"Letter in Support of Responsible Fintech Policy" - Twenty-six well-known computer scientists send letter to Congress urging them to resist crypto lobbying
11 votes -
Crypto Boy - Salem Ilese et al. (2022)
4 votes -
Why this computer scientist says all cryptocurrency should “die in a fire”
17 votes -
The esoteric social movement behind this cycle’s most expensive House race
12 votes -
How cryptocurrencies actually work
7 votes -
Man who paid $2.9m for NFT of Jack Dorsey’s first tweet set to lose almost $2.9m
17 votes -
Six months in, El Salvador’s bitcoin gamble is crumbling
11 votes -
These 23-year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling
12 votes -
An analysis of what crypto has now become by David S. H. Rosenthal, one of the original developers of PoW
9 votes -
Can bitcoin be sustainable? Kryptovault's operation is part of a fightback against criticism of the famously energy-intensive industry
7 votes -
Bored Ape Yacht Club is racist and started by Neo-Nazi trolls
27 votes -
Mark Zuckerberg’s dream of launching a cryptocurrency is officially over
11 votes -
How opportunists snagged $1 million in NFTs for mere thousands
3 votes -
The rules to make the rules (regarding cryptocurrency protocols)
3 votes -
Abuse and harassment on the blockchain
21 votes -
Bitcoin pyramid schemes wreak havoc on Brazil’s ‘New Egypt’
8 votes -
The problem with NFTs
31 votes -
Kosovo pulls the plug on its energy-guzzling bitcoin miners
8 votes -
Reddit is preparing to launch "Community Points" sitewide, allowing any subreddit to add a custom token to their community
5 votes -
Bitcoins - can't it only go down from here?
Here is my understanding of Bitcoins, would love to hear from people more knowledgeable than me on what I am getting wrong Only a certain number of bitcoins can be mined if the price of bitcoin...
Here is my understanding of Bitcoins, would love to hear from people more knowledgeable than me on what I am getting wrong
- Only a certain number of bitcoins can be mined
- if the price of bitcoin goes up, it makes mining seem more profitable which encourages more mining
- If there is more mining, the difficultly of mining eventually increases, & so miners consume more electricity until mining becomes less profitable again
- Bitcoin is already consuming so much energy that countries are starting to actively discourage mining
This implies that any substantial increase in bitcoin price will result in substantial regulation of the bitcoin industry as it impacts the supply and price of electricity to other industries
- Bitcoin is highly volatile, and over time has increased in price substantially
- A significant portion of bitcoin investors are speculating on an asset rise
- If the asset stops rising, some speculators may start to sell
- Increased selling activity will lower the price
- A lower price will force more speculators to sell
This implies that if bitcoin does not keep rising, it will start to fall
- Other crypto currencies are highly correlated with Bitcoin price movement.
Therefore if bitcoin falls, other crypto currencies fall.
- Bitcoin is the current default for accepting cryptocurrency as payment
- Bitcoin has a limited number of transactions it can process (3-7 a second)
- If too many people want to process transactions, the fee will rise
Therefore one or more other cryptocurrencies that uses proof of stake, must become the default for accepting cryptocurrency as payment.
9 votes -
How Signal is playing with fire: A push into untraceable payments could put end-to-end encryption at risk
12 votes -
Why is NFT art so ugly?
20 votes -
The bulldozer vs vetocracy political axis
4 votes -
Despite "decentralized" label, an Amazon outage took down this cryptocurrency exchange
11 votes -
A group of crypto enthusiasts named Krause House DAO are raising money to buy an NBA team
9 votes