Bitcoin and Digital Currencies

Because they're trying to monetize you.

Pretty much. I just claimed the free one, and then went about my day.

However the other obvious purpose is to try to turn the users into crypto-nuts so that they can get something out of the ponzi scheme.

Re: Logan/Coffeezilla

Last I heard was that Logan was backing off on his lawsuit threats and took down his vids on Coffee's investigation. At least one legal commentator (Legal Bytes) stated that Logan actually opened himself to two or three lawsuits thanks to his 'take down' vids. Most are guessing an ACTUAL LAWYER reviewed both Coffee's vids and Logan's telling him. "Uh...dude...you done effed up here..."

I bet it's LegalEagle.

I imagine the lawyer that Logan Paul consulted took one look at Coffeezilla and Paul's videos, looked back at him and asked him if he knew what discovery was.

LegalBytes also has another update regarding the "response" that LP ended up taking down. It involves "Z Developer" from Cofeezilla's videos, whom Logan Paul outed as an alleged felon, only for YouTuber SomeOrdinaryGamers to reach out to the developer himself, and while the guy admits that while yes, he used to have a record, it wasn't for armed robbery. He also stated that said record has long since been expunged, and while historical records of the dev's expunged file still exist, it's only supposed to be accessible for limited and legitimate purposes. How Logan Paul got these records is unknown, or if his sharing of the information can be considered proper (I'm leaning towards no).

It also adds to the question "If you had access to these records, why the eff did you hire him to work on your multimillion dollar project?"

I had watched this video a few months ago. And since it's almost a year since the Luna coin crash, and this was one of the catalysts that toppled a lot of crypto companies, leading up to the FTX collapse, how true is is that the crypto crash is self-contained within the crypto circles?

Hey look, Captain James T. Kirk was defending NFTs via roasting and I roasted him back.

Set phasers from stun to burn, am I right?

Edited by TargetmasterJoe on Mar 9th 2023 at 10:26:15 AM

Okay... This has been a week, and with Silvergate Bank, a bank that, what I heard, primarily does transactions with cryptocurrency, has gone bankrupt, alongside Silicon Valley Bank. And, in the simplest of terms, how will this affect the economy, alongside the video I had shared (about the crypto crash being mostly self-contained)?

Too early to tell. One of the reasons the federal government is working to un-fuck these banks before selling them off is precisely to minimize any harm to the economy.

So, damage control as to not repeat on what happened in 2008, I can assume?
Given that Bitcoin was invented in response to the 2008 crash, they're making sure not to make it too big of a full circle, it seems.

Edited by alnair20aug93 on Mar 25th 2023 at 10:06:17 PM

Crypto was never going to be the solution to that kind of problem anyway.

True on that.

In fact, several of the early crypto-proponents were people involved in causing the 2008 crash to begin with.

Kwon Do, who is responsible for the Terra-Luna crash last year, was arrested in Montenegro on charges of using a fake passport. South Korea and the US, who both want him for fraud, submitted requests for extradition to the Montenegro authorities.

I think the best would be for Montenegro to cut him in half and send a piece to each country.

Calm down there Solomon

Maybe the US and South Korea can work out a shared custody deal; he can stay in South Korean jail during the week, and the USA can have him on weekends.

Hoo boy, this one's a doozy.

OK, so near as I can figure, Elon Musk has been promoting dogecoin for a while. Its value normally hovers around US 5¢, but when Musk mentioned it on the episode of Saturday Night Live he hosted, it briefly jumped to 76¢ before regressing to the mean.

Recently, Musk has been sued by investors who accuse him of doing a pump and dump scheme on it, to the sum of US$2.58×10⁹. Twitter has replaced its logo with the original dog, apparently in reference to this.

So yeah. That's happening.

Sounds like a lawsuit that'll likely won't even be given a second look, honestly.

If Musk is such a hot commodity that he can pump a crypto that high by mentioning it, then frankly there's nothing that can reasonably be done about it.

It’s not so much that Musk is a hot commodity as it’s the fact that cypto ‘investors’ are so desperate for a reason to throw money away in the hope of stealing somebody else’s money that it only takes the slightest prompt to set them off.

So, what is Etherium's Shanghai upgrade about?

The European Parliament has introduced new rules and regulations on cryptocurrency.

So, basically killed the crypto market in Europe, really.