#Cryptocurrency and Bitcoin

[probablyasocialecologist]

“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.

[...]

The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.

#nfts #non fungible tokens #cryptoart #bitcoin #cryptocurrency

[todays-problematic-ship]

Today's Problematic Ship is the Satoshi

The Satoshi was a cruise ship owned by Ocean Builders, a company dedicated to "seasteading," an attempt to create a seabourne community free of laws imposed on dry land, with strong ties to the cryptocurrency movement.

The 1991-built ship, originally named Regal Princess but renamed Pacific Dawn in 2007, was purchased by Ocean Builders in the middle of the Covid-19 pandemic in 2020. The idea was to permanently anchor the ship in Panamian waters, as the central hub of an eventual community of "SeaPods", essentially individual houses at sea, which would be arranged around the Satoshi in the form of a Bitcoin B.

It quickly became evident that the people running Ocean Builders had no understanding of how to operate a ship: they initially failed to ensure their ship had certificate of seaworthiness to allow it to sail to Panama (where the venture was to be based), and even after this no-one was willing to insure the ship, making it impossible for passengers to live onboard. They also planned to re-engine the ship while it was out at sea, a physically impossible task to accomplish without sinking the ship in the process.

The leadership of Ocean Builders blamed all this on shipping being "plagued by over-regulation." (Many of our entries here at Today's Problematic Ship demonstrate those regulations exist for a reason). The end result was predictable: by the time the Satoshi arrived in Panama it had been sold to an Indian shipbreaker.

Except Ocean Builders had signed a contract they could not honour: according to the Basel Convention, which covers the disposal of hazardous waste, they weren’t allowed to send the ship from a signatory country (Panama) to a non-signatory country (India). Thus the sale was cancelled, and subsequently the ship was arrested by Panamian authorities.

Eventually, the Satoshi was sold in 2021 a different startup company, Ambassador Cruise Line. The new venture, who actually knew how to operate a cruise ship, started successful operations with the former Satoshi, now renamed Ambience, in 2022.

The Guardian has a detailed article about the saga of the Satoshi and the seasteading movement.

#problematic ships #cruise ship #cryptocurrency #bitcoin #satoshi

[river-taxbird]

SCAM ALERT: Cryptocurrency related but can affect trans people buying HRT. I was probably 10 seconds away from having money stolen and I know what I'm doing. (Crypto Clipper)

Today I was helping a trans friend order some DIY HRT. A lot of DIY HRT places only accept cryptocurrency for security reasons. I am not looking to promote cryptocurrency or anything associated with it, but if you may be forced to use it for HRT or other reasons, you need to know this.

In general if you are forced to use crypto, you should use the cheapest coin your supplier will accept. If it is cheap, that means there is not a lot of activity on the chain and energy use will be less. I used one called Zcash as it was the cheapest one the site accepted but that's not really relevant.

I used an old coinbase account I had used for similar situations in the past. I was doing it on her PC. I got the instructions to pay on the HRT site, and I pasted the wallet address into Coinbase and just before I hit send I noticed the wallet address I had pasted didn't match the wallet address I had copied.

I looked it up and found this is from a form of malware called a Crypto Clipper, that detects when you have copied a crypto address, and makes you paste a different one so it can steal your money. I am lucky I noticed. To remedy it, I installed the free trial of Malwarebytes on her PC to remove malware, and completed the crypto transaction on my PC, and confirmed that the wallet address matched what the HRT site had given me.

I managed to avoid falling for it but it's such an easy thing to fall for, especially if you have avoided crypto thus far for extremely understandable reasons. Be careful out there! It could happen to anyone.

#trans #hrt #trans hrt #diy hrt #crypto #cryptocurrency #bitcoin #scam #scams #psa #important psa #important #virus #malware #cybersecurity

[anjoelito]

CONSCIOUS CRYPTO ACADEMY

Bitcoin just flew past 40K and according to the data analysts of cryptocurrency, BTC follows a 4-year cycle that aligns with the U.S. Presidential Elections... this gives us less than a year to prepare for the next Bull Market... consider joining our platform, Conscious Crypto Academy, if you're interested in the digital asset economy and don't know where to start!

#bitcoin #blockchain #crypto #cryptocurrency

[mostly-funnytwittertweets]

link to full tweet

#this is insane #cryptocurrency #bitcoin #twitter #tweets #tweet #meme #memes

[dispatchesfromtheclasswar]

Part schadenfreude, part cautionary tale.

#class war #class warfare #classism #crypto #cryptocurrency #bitcoin #schadenfreude

[blockchain-official]

Hey everyine great news! My drop shiopping courses have been enough of a scusess tbat the

33 slurp juices remain. Your mission is to eliminate all of them before they can combine with an astro ape and mint a new astro ape

NFT game is back on! And there’s even better news!!!

Just ship a dead rat to 38.89679° N, 77.03601° W for a big surprise!!! Send me a pic of the surprise and you’ll even get a jared leto joker nft valued at 10 million billion dogecoin on us!!!

But hurry! This once in a lifetime opportunity is going away flr goot in just [function.timne+1]!!! Be sure to get in on the ground floor because forget the moon, we’re going all the way to freaking mars!!!

Did YOU seee the hiddem nessage??? Be sure to read the post thoroughly for any clues you might have missed!!!

#to the moon #nft #bitcoin #blockchain #crypto #cryptocurrency #web 3.0 #binance #cryptocurreny trading #investment advice #retirement planning #stocks #stock market #cryptocurrency trading #cryptocurrency investment #might blaze this later idk

[auroraluciferi]

the value lost in cryptocurrency markets in the last seven months ($1.5 trillion) is enough to feed everyone on the planet for 75 years

#2022 #crypto #cryptocurrency #bitcoin #nft #nfts #economics #speculation #world hunger #starvation #capitalism

[fake-destiel-news]

Means stock market bros listen to his podcast because otherwise they wouldn’t know

Here’s the clip where he says it and the article from stock magazine

#bitcoin #cryptocurrency #stock market #Andrew rate #fake-destiel-news #crypto #destiel meme #news #meme #unreality #this is fake news #supernatural

[probablyasocialecologist]

#bitcoin #ethereum #cryptocurrency #climate change #energy

[btc-official]

Best NFT Cryptocurrency Prices Download Now 💰💰💰Free Application Best New BTC Bitcoin Prices Website BOOKMARK US -> http://crypto.ru/scam <-BOOKMARK US💰💰💰💰💰

#bitcoin #bitcoin investment #cryptocurrency #crypto #cryptocurreny trading #cryptocurrency investment #ethereum #dogecoin #blockchain #cardano

[salmonella-destroyer-of-worlds]

#dank memes #funny post #meme #dank #funny #funny pics #silly #funny pictures #dankest memes #humor #cryptocurrency #bitcoin

[animentality]

#twitter #bitcoin #cryptocurrency

[thenib]

Mattie Lubchansky.

#mattie lubchansky #bitcoin #cryptocurrency

[odinsblog]

US Bitcoin Miners Use as Much Electricity as Everyone in Utah

Bitcoin miners in the US are consuming the same amount of electricity as the entire state of Utah, among others, according to a new analysis by the US Energy Information Administration. And that’s considered the low end of the range of use.

Electricity usage from mining operations represents 0.6% to 2.3% of all the country’s demand in 2023, according to the report released Thursday. It is the first time EIA has shared an estimate. The mining activity has generated mounting concerns from policymakers and electric grid planners about straining the grid during periods of peak demand, energy costs and energy-related carbon dioxide emissions.

“This estimate of U.S. electricity demand supporting cryptocurrency mining would equal annual demand ranging from more than three million to more than six million homes,” the report said.

While mining began in the US a decade ago, an influx of crypto mining companies have relocated from China after that country banned the industry in May 2021. Over the last three years, a flurry of large-scale miners have gone public in the US, setting up operations in some of the most energy-rich states such as Texas and New York.

(continue reading)

#politics #crypotcurrency #crypto bros #bitcoin #cryptocurrency mining #environment #power consumption #bitcon

[bitcointutorial]

Bitcoin QR Code Generator: https://bitcoin-qr-code-generator.io

In the Yahoo News: https://yahoo.com/news/bitcoin-qr-code-generator-io-121000295.html

#Bitcoin #BitcoinQRCodeGenerator #BitcoinQRCodeMaker #BitcoinQRCode #BitcoinQR #BTCQRCode #BTCQR #BTCQRCodeGenerator #Cryptocurrency #Bitcoin QR Code Generator