Cryptocurrency Contents Archive

If crypto assets are worth “nothing” as described by European Central Bank head Lagarde, then we shouldn’t be needed to pay taxes on something that’s worth nothing. Am I right?

My gift for my son on his wedding day.

Do Kwon on why he wont steal $3 BN: "Stealing $3 BN is not the game theoretic optimal point for me, so I will not"

Old posts on lunatic forums are turning out to be gems.. When asked about the keys to a "burn wallet" (usually a wallet where funds are sent so they can never be recovered) but in this case seemed like a user controlled wallet being used as a burn wallet... Do Kwon replied that he controls the keys and there is no risk of theft, because stealing $3 BN is not good for him, from a game theory perspective. [Do Kwon Wont steal $3 BN...](https://preview.redd.it/tf6f3i7uiv091.jpg?width=1170&format=pjpg&auto=webp&s=c937e2385a2be750c14b2fe05d72f3222a4b531d) While the dust is yet to settle from the collapse, it looks more and more like an inside job where a spectacular fraud scheme seems to have been played out by those closely associated with the project.

“Why I am not going to buy a computer” - Wendell Berry essay from 1987. Does this type of thinking seem familiar?

“Why I am not going to buy a computer” - Wendell Berry essay from 1987. Does this type of thinking seem familiar?

This might be a stupid question but...

Let's say Bob has a million dollars. Bob buys 1M worth of X coin at $0.01. Within a few hours/days, the price increases to $0.02, and Bob now has an extra million dollars in profit. My question, is it actually possible for Bob to sell at this price? The extra million has to come from somewhere, but since the price has already 2xed, fewer people would buy the coin, and so Bob would have no one to sell to. Presuming he's set a limit order, would the order just sit there for hours/days until its filled? Would the money be taken from the existing liquidity pool (and how big would this pool have to be so that 2M wouldn't cause a significant drop in price??) How would any of this work? Once again, im sorry if this seems like a stupid question. It's just that I've read about people trading with huge amounts of money and I'm like, how??

Binance is giving five users free pizzas for a year (worth $2,000 in BNB) to mark the 12th anniversary of Bitcoin Pizza Day

Ripple sets up a $100M fund to boost carbon removal

Is the NFT hate justified?

I do think that NFT community has equal share of cringe stuff but does anyone feel NFTs are getting way too much hate? People on twitter would call you a crypto bro if you're into NFTs or defend them. Just recently an artist posted about their earnings in 2021 which equalled $10k on twitter. They thought it was better to just try making their art into NFT and selling them. Guess what? Their own followers attacked them. Some of them even hoped their NFT would fail. The person later sold their art as NFT for almost 19 ETH. I don't know where this NFT hate started? It helped a person who made $10k in a year to make 2x that in a day.

JUST IN - Central African Republic President says expect an announcement regarding #Bitcoin “very soon” 🇨🇫

How many of you are merchants or spend crypto on a regular basis?

I'm curious to see how many people here are merchants or spend crypto on a regular basis? Feel free to say why, or why not in the comments. Reposting this as my first attempt was auto-removed due to not having enough text in the body of the post. For some context I'm a merchant who has been accepting crypto on webstores since 2011 to present day, and also build other services surrounding crypto such as mining pools. Before I got into crypto I had been building websites for fun as well as webstores that only accept fiat payment options for around a decade. As soon as I discovered Bitcoin I thought it was amazing and wanted to add it. [View Poll](https://www.reddit.com/poll/uuvudp)

Tether’s accountant waves red flag - New Money Review

U.S. House Introduces Bill to Allow Bitcoin In 401(k) Retirement Plans

Use case discussion: crypto as a means of exchange

I've been here since 2017. I missed the silk road era and therefore, have not really seen cryptos used to buy that type of good. What I'm surprised about is that we've had massive growth in the area of financial instruments due to smart contracts, but I feel like crypto as a means of exchange has been pretty lack luster. So... Shill me here... Have y'all used crypto to buy things from merchants irl? Have you found a particular network that works better than others? Can any of you use a crypto app to buy stuff from the grocery store?

Bitcoin (BTC) Could Crash by Over 50% As Macro Environment Worsens, Says CryptoQuant CEO - The Daily Hodl