A shallow dive into crypto
Since crypto has been the subject of headlines for basically the entirety of the past year, and had a minor role in some recent legislative headlines, it seemed fitting to drop y'all some links to various articles about it.
But the real question is: do any of our dear Mark as Read readers have diamond hands for dogecoin?
NFTs rely on the Ethereum blockchain to...exist. OK, that was the only bit of info missing from this great explainer on how people are investing in NFTs and a high-level overview of why. - C
I'm not an expert but I believe this NFT bubble has popped since this article was penned. Which is good because the NFT market is extremely stupid. The only reason it even exists as far as I can tell is money laundering. Let's say I have $100K in dirty money. I create a thing that has some nebulous, ethereal value to "collectors". I give you my $100K in dirty money under the table. You take a cut and then buy my "collectable item aka NFT" from me for say $90K. I now have $90K in "clean money" and you have $10K and a worthless address on the blockchain. -B
The NBA continues to impress with its rapid and effective embrace of tech to improve its product. - C
Basically a hot take in bullet list form; I am a fan of this format but it may infuriate you if you tend to think more words = better reasoning. -C