TIL, it costs $13 to send $20 to your #coinbase wallet. And if you want to sell, it costs $427 to sell one BTC. That is 1.5%, which is on level with management fees of an expensive mutual fund. Just bear this in mind if you're ever tempted to invest in #crypto
To bulk block accounts, go to Moderation -> Accounts. Set 'Location' to Remote. Search for a Display Name of "Mastodon". Then you can bulk suspend from there.
Cryptocurrency promotions now coming to Mastodon in a DM with a Mastodon icon and a Mastodon nickname. 😡 😠 . I don't see mastodon.social server rules saying anything about unsolicited DM promotions, but surely using Mastodon icon and name makes it a scam.
I was doing a lot of darknet research when a load of the drug markets were taken down, it was fascinating to see how drug markers regrouped after. I also find it fascinating how people thought crypto was a safe anonymous bet for payment for illegal goods and now they are just able to walk back through and pick people up 😂😂 https://www.wired.com/story/operation-spector-dark-web-busts/#crypto#darkweb@runasand and I wrote a paper on the ethics of researching Tor hidden services, I still send people to it today!
this story that "someone is using AI to spread disinformation about Changpeng Zhao of Binance" is going around crypto media, in reports mostly based on this Fortune Crypto article.
what is the claim here, that someone somehow intentionally seeded ChatGPT with false info? that congresspeople are asking ChatGPT if CZ is a communist and then sending formal inquiries? that someone is sending congresspeople ChatGPT printouts with false info, and they're taking them seriously?
The thing I don't get about #Ethereum is this: its sole value is as the 'app store of crypto' allowing countless third party things to take advantage of #Blockchain utility... but, gas prices are always so ridiculously high that it costs more to use ether than 99% of the actual transactions on the network. so like 'you had one job' eth, and you totally fucked it up. it's this kind of thing that makes #crypto as a whole seem like a cult or constant grift at worst.
Crypto is not the key to Black generational wealth
Cryptocurrency investing is more likely to widen the White-Black wealth divide, studies show
“Crypto investing is extremely high risk,” Algernon Austin, director for Race and Economic Justice at the Center for Economic and Policy Research (CEPR), said during an interview about cryptocurrency investing and building Black wealth. “As an investment, it’s closer to gambling.”