One fringe benefit of leaving the NYT is that I have been able to play around w/ owning and trading crypto for the first time.
I’ve still got plenty of unanswered questions, but the big thing I hadn’t anticipated was just how compelling and fun NFTs would be.
A thread:
A good thread from an insider on the fakery and scamming tactics that have become widespread:
https://t.co/2EuyVTwySQ
few days ago i asked what to look out for in nft projects.
— wil (@wilxlee) February 18, 2022
here is the crowd sourced version. \U0001f447https://t.co/BTc4mjtIGO
https://t.co/kM5gBmdhAX
Then there is the bigger question: is this the best thing for smart young people to be pouring their time and money into?
That friend again: “I spent $7000 tonight on a picture of a guy with a sword. I’ve never spent that much on an object in my life.”
But I also scored a few early wins when I picked up some @Doodles and an @AzukiZen.
https://t.co/sPShZaCa2N
Pixelmon is 3ETH to mint... Did we forget The biggest blockchain NFT RPG game? ETHER ORCS. It was a free mint with 0 royalties. It is currently one of the best passive income P2E NFTs. For FREE, current floor 2.5. Devs built everything for free and still are. Fck outta here
— The Autist Wizard (@wizardofsoho) February 7, 2022
https://t.co/BfXTqTrPRu
1/ To prepare for the launch of our native marketplace, we wanted to recap the project for new users.
— TreasureDAO (@Treasure_DAO) October 31, 2021
Treasure began with a simple idea: what if we built a metaverse around fictional resources instead of characters?
From there, the Treasure metaverse was born. pic.twitter.com/4RB3W4P6B8
https://t.co/BfXTqTJZ5C
1/ To prepare for the launch of our native marketplace, we wanted to recap the project for new users.
— TreasureDAO (@Treasure_DAO) October 31, 2021
Treasure began with a simple idea: what if we built a metaverse around fictional resources instead of characters?
From there, the Treasure metaverse was born. pic.twitter.com/4RB3W4P6B8
https://t.co/8x0kjBVJ7z
https://t.co/imEszrRBAV
This are upcoming arbitrum project coming soon that I and my frens are looking at.
— MEJI (@Ladimeji3) February 2, 2022
Smol lizard
Smol elephant
Smol kitten
Smol shark
Smol obits
Smoliens
Donkey dao
Flip
Battlefly
Peek-a-boo
Enjoyoooor
Toadstoolz
Shogun war
Tales of elleria.
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Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!
1. Yang
Meet Yang Ruifu, CCP's biological weapons expert https://t.co/JjB9TLEO95 via @Gnews202064
— Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193 (@BillyBostickson) October 11, 2020
Interesting expose of China's top bioweapons expert who oversaw fake pangolin research
Paper 1: https://t.co/TrXESKLYmJ
Paper 2:https://t.co/9LSJTNCn3l
Pangolinhttps://t.co/2FUAzWyOcv pic.twitter.com/I2QMXgnkBJ
2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!
3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W
4. YT Interview
Some bats & pangolins carry viruses related with SARS-CoV-2, found in SE Asia and in Yunnan, & the pangolins carrying SARS-CoV-2 related viruses were smuggled from SE Asia, so there is a possibility that SARS-CoV-2 were coming from
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.