For some reason people fleeing the sinking #Twitter / #X ship for #BlueSky don't seem to be aware of the fact that crypto bros at #BlockchainCapital bought a huge stake in the company just a few weeks ago. Like these are basically the same crypto bros who just helped #ElonMusk buy Twitter. They might even be literally the same people (I strongly suspect they are but I'm too lazy to check). Either way #BlockchainCapital was co-founded by #BrockPierce, who also brought you #Tether, AKA the company that Trump's transition team chairman manages $120 billion for. Pierce is also a friend of the #Netanyahu family.

You don't have to take my word for it. Here's the official press release: https://bsky.social/about/blog/10-24-2024-series-a

Moving to BlueSky is not an escape. Growing a base there is just putting in a bunch of work to create a platform that will be co-opted by crypto bros as soon as X breaks in half.

p.s. crypto bros (#a16z) also own #Substack

#crypto #cryptocurrency #bitcoin #USDT #Trump #DonaldTrump

The surging bitcoin price suggests to me that those in the shadow ecnomy that it mostly funds & facilitates see the Trump win as good for business....

And what is good for the bitcoin economy, it strikes me, is unlikely to be in the general good.

There may be constructive & socially useful purposes behind bitcoin use but it seems those are swamped by the dark economy that uses it to hide its exchanges & activities.

Of course I could be wrong & I'm sure you'll tell me if I am

#bitcoin #Trump

#crypto #web4 #bitcoin #election #election2024 #2024election #vote #harris #HarrisWalz2024

I generally would rather see grotesque extractionist systems dismantled rather than just turned on each other, but I'll admit that I enjoyed this one. 🤣

"An Airbnb owner has been forced to implement a new ‘no crypto mining policy’ after a tenant installed 10 mining rigs that racked up a $1,500 electricity bill in just three weeks.

Other Airbnb hosts have also complained about crypto miners running up their electricity bills.

Another user in the UK revealed on an Airbnb forum that they believed their guests were mining bitcoin and that it caused their bill to increase by thousands of pounds."

https://protos.com/airbnb-host-adds-no-crypto-mining-rule-after-tenant-installs-10-rigs/

#AirBnB #Bitcoin #Housing #Capitalism #Sustainability #Landlords

Case of man who falsely claimed to be #bitcoin inventor referred to CPS - https://www.theguardian.com/technology/article/2024/jul/16/case-of-man-craig-wright-who-falsely-claimed-to-be-bitcoin-inventor-referred-to-cps "Craig Wright’s case referred for potential perjury and forgery prosecution after losing legal battle with #crypto firms"

Bad? As in #cypherpunks and #hackers? Who worked together to invent something good, #I2P and #bitcoin.

#inventions
@shebang