I’m sure their reasoning eventually traces back to “owning the libs” somehow.

The Texas governor invited them there. So did the mayor of Miami yesterday. There is absolutely no economic incentive to having bitcoin miners in town right? Am I missing something? They don’t create jobs. Just run up the price of a fictional currency and eat electricity.

Bitcoin/cryptocurrency is either absolutely useless or absolutely unnecessary for any legitimate purpose but extremely useful for many illegitimate purposes, like money laundering, illegal (drug) trade, collecting untraceable ransomware payments! (Not to mention they are keep wasting massive amounts of electricity!)

“I suppose this is one downside of a microcurrency”

“BTC has been cycling up and down to nearly this same price on a near weekly basis since end of May”

hahahahahahahahahaha yes, we’re all impressed by this mention of extreme short-term volatility.

There are different cryptos just as there are different types of crude oil

“The fact that the opposite has happened suggests that the price is dangerously dependent on irrational exuberance and panic (‘bad news’ for bitcoin > bitcoin loses value) rather than on sane calculation...”

Hence the Ponzi comparison.

Hmmmmm... let me see... yep, still zero sympathy for those involved in cryptocurrency... and indeed schadenfreude

CNBC’s Eunice Yoon tweeted early Monday that a Chinese logistics firm was shipping 6,600 lbs (3,000 kilograms) of crypto mining equipment to an unnamed buyer in Maryland for just $9.37 per kilogram.

“on a near weekly basis since end of May”

Cryptocurrencies are very much not a commodity. Oil and farm commodities are resources that are used in production. Cryptocurrencies are used for... money laundering? I have no idea to be honest.

play stupid games, win stupid prizes.

THANKS FOR SHARING

yay! a “10 things” post that isn’t a slideshow.

THIS is what he’s doing after beating, kicking and buying Hawaiians out of their ancestral homes?

The same iPhones that run iOS 14 will also run iOS 15.

Surely the same people that like chain restaurants

because the thrust calculations are for the rockets working in conjunction with the wheel-driven electric motors.

I think this refers to reading messages from third-party apps. The person who debuted it specifically said something like “Now you can have your message read from your delivery app when your food arrives.” or something like that. I don’t believe that ios reads notifications from third-party apps. I could be wrong.