1. Last week, @robbietilton sold this art piece for about 17305$ on @withFND.
I saw a lot of people asking questions on CryptoArt and NFTs (Non-fungible token) to understand how it works. I'll try to explain the basic concepts on this thread ↓

Slow and steady wins the race

Bitcoin is often critized for being slow in everything

But here is the thing: the more you complicate a design early on, the more you push it down a specific road

Get your assumptions wrong, and it's off-road

Thread/

With Bitcoin's rising price I get many people asking me my opinion about it: Here are nine tips

1) Don't take advice about Bitcoin from those with a vested interest in seeing its price rise. That's like listening to CDO dealer in 2006. When prices go up, critical thought go down

2) Bitcoin is fascinating from a tech perspective, but don't fall for the rhetoric of monetary revolution. I was among the early users of Bitcoin & actually tried to use it as 'money', but it's not a monetary system. It's a system of cyber-collectibles, priced in dollars

3) By all means pass your money to a seller of these collectibles, but don't do so under the illusion that you're engaging in rebellion, or that you're doing prudent investment. You're doing what you're doing, which is buying a collectible from someone who is taking your money

4) Unlike many other collectibles, Bitcoin has no actual features, other than the fact that it can be moved around. It has a highly innovative issuance & movement mechanism, but that's somewhat meaningless if the thing being issued and moved is featureless

5) In fact, its only feature is its logo and the language that surrounds it. Without that the tokens are basically just blank digital objects, the digital equivalent of passing around fragments of limited edition clear glass beads

0/ Predictions for 2021:
(This is not investment advice, or any other type of advice. DYOR)

1/ #ETH hits new ATH(s).

2/ #Bitcoin breaks $55K; but BTC YE2021 close is < $30K.
wins!

3/ > 3 billion-dollar crypto IPOs successfully occur (eg CoinBase, BlockFi, et al).

4/ @SBF_Alameda’s ‘off-chain BTC folding’ strategy goes unnoticed; whole crypto ecosystem wins!

This might take a few tweets to get out.
1/ The ICO boom in 2017 and the altszn in early 2018 were unique in that crypto was a largely unregulated space where countless fools were getting lucky on the bad luck of greater fools. This was largely fueled by Ethereum and the ability

2/ to create tokens and contracts from thin air but it got thrust from the post halving BTC bull market and the unique phenomenon of 'crypto kitties' which were both like booster rockets and drew huge media attention to the entire crypto space

3/ Crypto wasn't new in 2017-18 but it was new to most of the people who were seeing it on the evening news, CNBC, etc. Seeing construction workers buying new trucks with crypto riches and idiotic crypto-rich in lambos and moving to Puerto Rico -

4/ - these images captivated lots of people and inspired the idea of 'I missed out before, I don't want to miss out this time' in relation to stocks, internet, tech, real estate, and more. The important ingredient was 'If those people can do it, I can do it'

5/ The inclusion of a character like John McAfee and the entire ICO industry created a greedy free for all where for every good project there were fifty worthless ones - but sometimes, a diamond emerged from the shit

[BIG THREAD] BitChute is a video-sharing site growing in size after an exodus of upset conservatives from YouTube. Like similar “anti-censorship” platforms, it also is riddled with a disturbing amount of hateful content and blatant disinformation.

Around the time of the Capitol riot, interest in BitChute skyrocketed. It continued to rise as Donald Trump’s channel had videos removed, was suspended, and then finally banned. Although he has yet to arrive on BitChute himself, his followers have moved on from YouTube.

BitChute founder Ray Vahey has called the platform “pro-free expression”, accusing sites that censor their content as building echo chambers that serve only to exacerbate problems. What he fails to recognize is that his own creation has become one itself.

wo massive trends on BitChute are anti-Covid vaccine and pro-Nazi/anti-Semitic propaganda. Both break the site’s Community Guidelines. Below are examples of easily accessible and highly-viewed videos. Bear in mind the medical advice is harmful and the Nazi content is disturbing.

First, the anti-vax disinformation. “Timmy Learns About COVID Vaccines”. Safety precautions are called “enslavement” and “extortion”. Over 5k views.