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Beiträge, die mit CryptoCurrency getaggt sind
https://www.ft.com/content/8533f856-57f1-4765-a3dc-d866543092be
#FT #FinancialTimes #Alphaville #crypto #cryptocurrency #bitcoin #BTC #FTAV
Yahoo Finance
Daniel Howley
October 23, 2024
"#ArtificialIntelligence has driven shares of tech companies like #Microsoft (#MSFT), #Amazon (#AMZN), #Nvidia (N#VDA), and #Google (GOOG, GOOGL) to new highs this year. But the technology, which companies promise will revolutionize our lives, is driving something else just as high as stock prices: #EnergyConsumption [and #WaterConsumption].
"#AI #DataCenters use huge amounts of power and could increase energy demand by as much as 20% over the next decade, according to a Department of Energy spokesperson. Pair that with the continued growth of the broader cloud computing market, and you’ve got an energy squeeze.
"But Big Tech has also set ambitious sustainability goals focused on the use of low-carbon and zero-carbon sources to reduce its impact on climate change. While renewable energy like solar and wind are certainly part of that equation, tech companies need uninterruptible power sources. And for that, they’re leaning into #NuclearPower.
"Tech giants aren’t just planning to hook into existing plants, either. They’re working with energy companies to bring mothballed facilities like Pennsylvania’s Three Mile Island back online and looking to build small modular reactors (#SMRs) that take up less space than traditional plants and, the hope is, are cheaper to construct.
"But there are still plenty of questions as to whether these investments in nuclear energy will ever pan out, not to mention how long it will take to build any new reactors."
Read more:
https://www.aol.com/finance/big-tech-going-nuclear-power-201418756.html
#AI #NoNukesForAI #Cryptocurrency #WaterIsLife #NoNukes #RethinkNotRestart #ThreeMileIsland #TheTerminator #JudgmentDay #NuclearPowerNoThanks
Japan’s Self-Help Buzzword Industry Is Not a Real Fount of Wisdom
This is Bloomberg Opinion Today, a cross-cultural concordance of Bloomberg Opinion’s opinions. Sign up here .I just spent two weeks in Japan. But if you think I’ve brought back exotic pearls of wisdom, you’ll be disappointed.BYTESEU (Bytes Europe)
Who were the 2024 election's "crypto voters"? - EUROPE SAYS
In last month's election, one of the biggest winners was not on the ballot — it was inEUROPE SAYS (EUROPESAYS.COM)
#crypto #cryptocurrency #USpol #USpolitics
![Justin Sun
Pro tip: If you’re one of the shadiest players in the cryptocurrency industry and want to avoid mainstream press attention on your $30 million bribe to the US president-elect via his cryptocurrency grift, just spend another $6 million on a concept art piece involving a real banana, and eat it.d That stunt will land you no fewer than five New York Times articles (plus a letter to the editor) in the span of eight days, with not a single mention of the Trump contribution.
I will give his backstory as briefly as I can, but I’m afraid it won’t be very brief. In 2017, Chinese citizen and then-resident Justin Sun launched an ICO for his Tron project, raising $70 million days after China banned ICOs, and then fled the country. He bought BitTorrent and tried to turn it into a cryptocurrency company by merging it with Tron, shocking BitTorrent executives who realized that Sun’s “market making” operations were just blatant insider trading. He did another ICO, this time shopping for a lawyer who would agree to write a letter he hoped would shield him from liability if he was later sued by the US SEC (and he was [W3IGG]). He bought the Poloniex cryptocurrency exchange from Circle, after their attempt to turn it from “shitcoin casino numero uno” (as per a former employee) into a legitimate operation failed upon the realization that the lax standards were the whole selling point. Sun promised to return it to its original anything-goes glory, at one point screaming at an employee](https://media.hachyderm.io/media_attachments/files/113/602/868/599/912/146/original/ccc57017cb144551.png "Justin Sun
Pro tip: If you’re one of the shadiest players in the cryptocurrency industry and want to avoid mainstream press attention on your $30 million bribe to the US president-elect via his cryptocurrency grift, just spend another $6 million on a concept art piece involving a real banana, and eat it.d That stunt will land you no fewer than five New York Times articles (plus a letter to the editor) in the span of eight days, with not a single mention of the Trump contribution.
I will give his backstory as briefly as I can, but I’m afraid it won’t be very brief. In 2017, Chinese citizen and then-resident Justin Sun launched an ICO for his Tron project, raising $70 million days after China banned ICOs, and then fled the country. He bought BitTorrent and tried to turn it into a cryptocurrency company by merging it with Tron, shocking BitTorrent executives who realized that Sun’s “market making” operations were just blatant insider trading. He did another ICO, this time shopping for a lawyer who would agree to write a letter he hoped would shield him from liability if he was later sued by the US SEC (and he was [W3IGG]). He bought the Poloniex cryptocurrency exchange from Circle, after their attempt to turn it from “shitcoin casino numero uno” (as per a former employee) into a legitimate operation failed upon the realization that the lax standards were the whole selling point. Sun promised to return it to its original anything-goes glory, at one point screaming at an employee")
![Justin Sun has since amassed an even larger collection of companies, many of which he pretends he doesn’t own or control. These include the Huobi exchange (which he rebranded to HTX), BitGlobal, and the TrueUSD stablecoin project. In September 2023, Huobi/HTX was hacked for $8 million [W3IGG]. In October 2023, TrueUSD either lied about having no affiliation with a token called $TEURO, or the TrueUSD deployer was compromised [W3IGG]. In November 2023, Poloniex was hacked for over $120 million [W3IGG]. Less than two weeks later, Huobi/HTX and its Heco Chain project were hacked for $115 million [W3IGG]. In May 2024, Crypto Critics Corner put out an episode presenting a rather convincing argument that Justin Sun is insolvent. They also outlined the incredible shadiness around his companies’ “proofs of reserves”, including the fact that multiple of his companies seem to be counting the same pool of assets as reserves.23
The crypto community distrusts Sun so much that an August announcement that BitGlobal (and thus Sun) would be helping to manage custody for wrapped bitcoin (WBTC) caused a mass exodus from the token. MakerDAO enthusiastically voted to stop accepting WBTC as collateral (before changing their minds after assurance that Sun didn’t have as much influence over WBTC management as they initially thought). Coinbase announced their own wrapped bitcoin product to use instead, and delisted WBTC. Kraken also announced a wrapped bitcoin product.](https://media.hachyderm.io/media_attachments/files/113/602/871/578/255/359/original/19cdb7aa0a031c8e.png "Justin Sun has since amassed an even larger collection of companies, many of which he pretends he doesn’t own or control. These include the Huobi exchange (which he rebranded to HTX), BitGlobal, and the TrueUSD stablecoin project. In September 2023, Huobi/HTX was hacked for $8 million [W3IGG]. In October 2023, TrueUSD either lied about having no affiliation with a token called $TEURO, or the TrueUSD deployer was compromised [W3IGG]. In November 2023, Poloniex was hacked for over $120 million [W3IGG]. Less than two weeks later, Huobi/HTX and its Heco Chain project were hacked for $115 million [W3IGG]. In May 2024, Crypto Critics Corner put out an episode presenting a rather convincing argument that Justin Sun is insolvent. They also outlined the incredible shadiness around his companies’ “proofs of reserves”, including the fact that multiple of his companies seem to be counting the same pool of assets as reserves.23
The crypto community distrusts Sun so much that an August announcement that BitGlobal (and thus Sun) would be helping to manage custody for wrapped bitcoin (WBTC) caused a mass exodus from the token. MakerDAO enthusiastically voted to stop accepting WBTC as collateral (before changing their minds after assurance that Sun didn’t have as much influence over WBTC management as they initially thought). Coinbase announced their own wrapped bitcoin product to use instead, and delisted WBTC. Kraken also announced a wrapped bitcoin product.")
![So all this to say: who better for Donald Trump’s World Liberty Financial to bring on as its newest “adviser”? All it took was Sun’s purchase of $30 million worth of WLFI tokens,e which appears to be about as blatant an attempt to get out of the SEC’s crosshairs as the election spending by Coinbase, Ripple, and others. I’ve mentioned WLFI’s disappointing sales in previous issues [I68, 69, 70], and indeed the project had only sold around $20 million worth of the WLFI tokens in total until Sun came along, so the $30 million purchase certainly caught Trump’s attention. World Liberty Financial announced his advisory position in a tweet that described Sun, as is his preference, as merely “an advisor to HTX” and “a supporter of BitTorrent”. It played up his attendance of the University of Pennsylvania, which would've seemed like a bizarre thing to mention if it wasn’t so clear that it was an attempt by WLFI to downplay that Sun is a Chinese national.24
Now, Sun is telling reporters: “In terms of the friendly level [for] the crypto business, I think we could even say the best [jurisdiction] is the U.S.“25 He’s certainly hoping to make it so, especially for his incredibly sketchy brand of “crypto business”.](https://media.hachyderm.io/media_attachments/files/113/602/872/964/107/271/original/2f4afaa08c8329b5.png "So all this to say: who better for Donald Trump’s World Liberty Financial to bring on as its newest “adviser”? All it took was Sun’s purchase of $30 million worth of WLFI tokens,e which appears to be about as blatant an attempt to get out of the SEC’s crosshairs as the election spending by Coinbase, Ripple, and others. I’ve mentioned WLFI’s disappointing sales in previous issues [I68, 69, 70], and indeed the project had only sold around $20 million worth of the WLFI tokens in total until Sun came along, so the $30 million purchase certainly caught Trump’s attention. World Liberty Financial announced his advisory position in a tweet that described Sun, as is his preference, as merely “an advisor to HTX” and “a supporter of BitTorrent”. It played up his attendance of the University of Pennsylvania, which would've seemed like a bizarre thing to mention if it wasn’t so clear that it was an attempt by WLFI to downplay that Sun is a Chinese national.24
Now, Sun is telling reporters: “In terms of the friendly level [for] the crypto business, I think we could even say the best [jurisdiction] is the U.S.“25 He’s certainly hoping to make it so, especially for his incredibly sketchy brand of “crypto business”.")
#crypto #cryptocurrency #TornadoCash
#crypto #cryptocurrency
#crypto #cryptocurrency
#crypto #cryptocurrency
![The trial was set for late January, and I was curious about how Mashinsky would approach it. Mashinsky is sort of your classic conman, relying on his charisma and ability to talk in circles to pass off his often highly exaggerated pronouncements, if not blatant lies — like claiming to have invented decentralized finance, VoIP, and Uber.3 The combination of mendacity and narcissism reminds me of Sam Bankman-Fried, who remained convinced of his ability to talk his way out of his fraud charges until — and perhaps after — his conviction and sentencing. Their similarities made me wonder if Mashinsky might also take the stand in his own defense.
Mashinsky seems to have proven more willing than Bankman-Fried to listen to the advice of his lawyers, and agreed to this plea deal soon after failing to have two of the charges against him dismissed before trial [I70]. In exchange for a guilty plea to two of the seven charges, commodities fraud and securities fraud, he will forfeit $48 million and face a maximum sentence of 30 years in prison — though he’s likely to get less.](https://media.hachyderm.io/media_attachments/files/113/602/829/037/946/552/original/9644c257eca9118d.png "The trial was set for late January, and I was curious about how Mashinsky would approach it. Mashinsky is sort of your classic conman, relying on his charisma and ability to talk in circles to pass off his often highly exaggerated pronouncements, if not blatant lies — like claiming to have invented decentralized finance, VoIP, and Uber.3 The combination of mendacity and narcissism reminds me of Sam Bankman-Fried, who remained convinced of his ability to talk his way out of his fraud charges until — and perhaps after — his conviction and sentencing. Their similarities made me wonder if Mashinsky might also take the stand in his own defense.
Mashinsky seems to have proven more willing than Bankman-Fried to listen to the advice of his lawyers, and agreed to this plea deal soon after failing to have two of the charges against him dismissed before trial [I70]. In exchange for a guilty plea to two of the seven charges, commodities fraud and securities fraud, he will forfeit $48 million and face a maximum sentence of 30 years in prison — though he’s likely to get less.")
https://www.citationneeded.news/issue-71/
#crypto #cryptocurrency
South Korea Crypto Market Collapses Following President Yoon’s Martial Law Announcement
South Korea’s crypto market plummeted after martial law was declared, with Bitcoin dropping 30% on Upbit. Crypto whales capitalized on market panic, transferring $163M USDT to seize discounted assets.BYTESEU (Bytes Europe)
#Celsius #crypto #cryptocurrency
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
О криптовалюте
На сайте «Свободной прессы» вышла статья В. Катасонова о криптовалюте — http://sss.agybvxkyyg.cgxa.fr2.gsr.awhoer.net/economy/article/215645/
В ней мы находим любопытные данные, так автор сообщает:«Значительная часть всех информационно-коммуникационных технологий реализуется именно в секторе непроизводительных, перераспределяющих услуг. Это, прежде всего, электронный банкинг (ЭБ) и электронная коммерция (ЭК). Это на сегодняшний день основная часть „цифровой экономики“. Но, в конечном счете, целью „цифровизации“ банковского и торгового дела является наращивание прибыли. А прибыль, как известно, и есть проверенный веками инструмент, с помощью которого капиталисты перераспределяют общественный продукт в свою пользу. Прибыль — узаконенное при капитализме обворовывание общества. Ни о каком приумножении „общественного благоденствия“ речи быть не может».
Далее автор указывает, что «цифровая экономика» отнюдь не такое безобидное явление, как это может показаться на первый взгляд. Во-первых, она оттягивает значительное число трудоспособного населения:«Имеются лишь экспертные оценки по занятости в „цифровом казино“. По всему миру число занятых майнингом уже исчисляется десятками миллионов человек. Пока данный вид деятельности носит в основном „серый“, „теневой“ характер».
Во-вторых, «добыча» (майнинг) виртуальных денег пожирает значительное число энергоресурса:«О безумно высокой энергоемкости цифрового майнинга уже давно писали и говорили многие эксперты. Для многих индивидуальных „шахтеров“ (те, кто „добывает“ криптовалюту) издержки „добычи“ становятся не подъемными. Они начинают „оптимизировать“ их, занимаясь, например, кражей электроэнергии. Или выводя свои мощности по „добыче“ в страны с более низкими тарифами на электричество. Но магистральным путем стало то, что в учебниках по марксистской политэкономии капитализма называется „концентрацией“ и „монополизацией“ производства и капитала. Происходит объединение индивидуальных „шахтеров“ в „пулы“. В майнинге биткойна сегодня доминирует три крупных пула, на которые приходится 55% всей вычислительной мощности. Фактически в сфере криптовалют происходит стремительная монополизация.
Согласно статистике информационно-аналитического центра Digiconomist, на конец прошлого года энергопотребление сети биткойн в приведении к годовому счислению достигло 35,77 ТВт/ч. Это больше, чем годовое энергопотребление Дании (33 ТВт/ч), Беларуси (33,8 ТВт/ч) или Болгарии (34,9 ТВт/ч). Год назад на биткойн приходилось 0,16% мирового потребления электроэнергии. На конец этого года прогнозируется, что эта доля увеличится до 0,5%. А с учетом того, что имеется множество других криптовалют, „цифровое казино“ в настоящее время может отсасывать до 1 процента всей электроэнергии, генерируемой в мире. Очевидно, что оценки очень приблизительные, прежде всего потому, что часть электроэнергии отсасывается нелегально. Но тенденция очевидна: криптовалютный „паразит“ будет наращивать и в абсолютном, и в относительном выражении масштабы такого энергетического „отсоса“».
«Действительно, — подытоживает автор, — реальная цена, которую человечеству придется заплатить за свои опасные игры под названием „цифровая экономика“, бесконечно высока. „Цифровая экономика“ ведет к разрушению реальной экономики путем паразитического высасывания из нее вполне реальных ресурсов — человеческих, энергетических и финансовых».
Собрав неплохие данные, Катасонов, будучи буржуазно-патриотическим экономистом, делает ложные политические выводы. Смысл позиции автора: долой паразитирование на электрике, идите работать на заводы. Здесь пускается в ход известный трюк с разделением буржуазии на «трудолюбивых производителей» и «спекулянтов-паразитов», разумеется, с целью поддержки первых против вторых.
Пролетариату необходимо избавиться не от каких-то видов или подвидов капиталистов, а от ДИКТАТУРЫ БУРЖУАЗИИ как класса. Цель всякого капиталиста не в удовлетворении потребностей населения, как это пишут в учебниках, а в удовлетворении жажды максимальной прибыли, поэтому если капиталисту выгоднее вложить капитал в «криптоферму», чем в строительство завода, то он организует «криптоферму», и плевать ему на то, какие будут последствия для общества. Проблематика капитализма состоит не в неправильных капиталистах, а в ОБЪЕКТИВНЫХ ЗАКОНАХ экономики, которые порождают ТИРАНИЮ по отношению к пролетариату и народу в целом.
«Майнинг» есть отрасль общественно-бесполезная — типичная отрыжка рыночной экономики, его можно сравнить с рентой, биржевыми спекуляциями или тысячью других закономерных явлений капитализма. Избавление от «паразитических» типов капиталистов (на самом деле ВСЕ они паразиты) является стремлением их конкурентов к большей прибыли, т. е. не отвечает интересам пролетариата.
Однако же политическая опасность «майнинга» состоит в росте и поддержке мелкобуржуазных настроений, что весьма выгодно капиталистическому классу в целом. Чем больше людей верят, что можно выжить без работы на корпорации, тем устойчивее капитализм в целом. Именно поэтому буржуазные государства смотрят на криптоденьги снисходительно, а кое-где даже оказывают поддержку.
Маркс, как известно, называл мелкую буржуазию исчезающей прослойкой, и действительно в рыночных условиях у мелких буржуа одна судьба — пролетаризация, однако они продолжают существовать в основном благодаря «социальной» политике буржуазных государств, которые видят в них социальную опору капитализма.
Кроме того, буржуазные государства слабо регулируют криптовалюты из-за отмывки преступных доходов, а мафия имеет крупное лобби практически во всех буржуазных странах.
Что же касается политики Мадуро по запуску венесуэльской ГОСУДАРСТВЕННОЙ криптовалюты, то это, очевидно, попытка обойти санкции и прижать разнузданный капитализм в финансовой сфере.
#lang-ru #lang_ru #ru
О криптовалюте
О криптовалюте На сайте «Свободной прессы» вышла статья В. Катасонова о криптовалюте — http://sss.agybvxkyyg.cgxa.fr2.gsr.awhoer.diaspora social network