Good. Let them put everything they have into it. The only reason they are having any “success” with anything is because of people trying to cash in on Trump’s presidency. The cryptocurrency market is already teetering, people are realizing it’s giving up real money for something more fake than what you play Monopoly with. Between that and the fact that so many of Trump’s assets that have grown while he’s in office are not liquid and will vanish the moment he is out of office, this will also collapse, leaving the family with extreme losses, and it couldn’t happen to a better gaggle of corrupt morons.
Are cryptos still something trade? Are they still, as I believe they say on social media ‘a thing’?
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Technically, in the sense that they’re still around. But then again, there’s still a few Sears, K-Marts and Blockbusters around, and AOL is still technically a thing, so you get the idea.
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Like a virus in a movie, it continues to evolve in live time to prolong humanity’s suffering. It’s been getting squeezed by AI (competition for video cards) but that hasn’t stopped people with millions and their entire identity invested in it from believing.
NFTs are still dead, but crypto currency is still popular with people trying to bypass international money laundering restrictions, online gambling regulations (both as “prediction markets” and as just actual casinos with weird games) and pad their balance sheets of underperforming or even completely non-performing businesses.
That last one has led to some issues.
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Interesting video and well worded too, it seems all while there is a ‘traditional’ and regulated form of currency, there will always be a market for an unregulated alternative. Even if it exists as some narrow ouroborosian loophole that’s managed to maintain itself through the sheer willpower of those already invested in it.
Personally I wouldn’t touch it at all, not least because of the environment damage done by mining ‘farms’ and AI data centers, but also because of the lack of an underlying asset
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Personally I’ve always avoided it because it runs into fatal paradoxes with every proposed use case.
It was great for doing drug deals because it was pseudo-anonymous and the public ledger meant you could see if your dealer had done a lot of business before - but the public ledger also meant the cops could track it and you were only “anonymous” if you limited yourself exclusively to crypto - the moment cash got involved there was a record.
It will never be the new currency of the world until it is accepted as regular money and regulated by governments, but the moment that happens all the current “benefits” the evangelists tout will disappear and it’ll just be a more expensive, destructive type of money.
It was “great” as an investment until it stopped getting pumped, and then it became obvious to everyone that it actually has no inherent value and there’s not even any way to guarantee to the holder still has control of it since there are countless wallets where people have been locked out of due to losing their private key.
And I personally resent it because due to the liquidation of a crypto exchange in New Zealand I had to study how it interacts with property law in New Zealand.
Edit: Also the hilarious disasters in crypto continue.
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And so the Great American Suicide continues…
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Wait so even its utility for laundering and other illegal activities is limited? I thought that was the foundation of it, being propped up by a baseline of organized crime but boosted by get-rich-quick schemes.
I suppose you’d have to revert to the old fashioned way: use the crypto to buy physical goods, then sell those for cash. Though surely that invalidates the whole premise if you’re having to go ‘analogue’ with a digital currency
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You see the problem with the whole idea, and why using imaginary currency as the basis for actual physical wealth is an idiotic idea that only works properly in fiction, which is why the Freelancer Merces system works so well (Merces are a cryptocurrency).
The ICA are into cryptos? Does that make Diana a cryptobro? 
Her side hustle is running an AI slop YouTube channel where she pump and dumps Smithtokens and Duckcoin, all while knowing their volatility is linked to a string of high-profile assassinations in the background.
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No, only by the time of Freelancer. ICA dealt in actual money, but they had the means of making the transactions seem legit. Freelancer uses the crypto as a means of keeping payments untraceable, and it works perfectly, unlike the real world examples.
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My headcanon is that the client who hired 47 in Freelancer are competitive syndicates, which can explain for the “Sisyphus myth” quote by Diana.
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Probably want to put this on the Freelancer thread. I only brought up Freelancer here as a reference to the discussion on cryptocurrencies. This post doesn’t really reflect that.
That kind of died with the Silk Road, and when people started making software that decoded the blockchain. By the time we got the 2016 Binfinex hack, everything had been locked down and all exchanges were either Know-Your-Customer and Anti-Money Laundering adherent (or in places with interesting interpretations of the concept of law). The only way to cash out is to stay under the radar.
Razzlekhan remains the singularly funniest illustrative example:
First they wanted to rename the Gulf of Mexico, now they want to rename Lake Ontario… 
GOD TRUMP IS SUCH A STUPID BABY… 
Inb4 he starts calling Earth “the globe of America” 
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So the going around has come around.
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Ha! That’ll teach that shit-stirring jackoff.
No it won’t.
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It will for a moment. For a brief moment he’ll feel fear that those masked psychos just might rough him up and potentially kill him. And any time someone like him gets even a second of their peace of mind disrupted, I bask in it.