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cross-posted from: https://lemmy.ml/post/39277400

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cross-posted from: https://lemmy.ml/post/46379297

Source: r/buttcoin

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The two cows of fintech (davidgerard.co.uk)
submitted 6 months ago by to c/buttcoin@awful.systems
 
 

The world of Fintech is such an incredibly dynamic place it is really hard for even a dedicated Fintech influencer to keep up. Fortunately, you have two cows.

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cross-posted from: https://lemmy.ca/post/61388131

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17 years* (lemmy.blahaj.zone)
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archive: https://archive.is/fYNS4

expertise may not be transferable, but dumbass really is

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up uP UP!!! (awful.systems)
submitted 11 months ago by to c/buttcoin@awful.systems
 
 

bullish on USD, this is the time to get into currency

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This could have been buttcoin, sneerclub or techtakes, but y'know pick one.

‪Lightcone is the rationalist org that runs LessWrong these days and runs totally not race science conferences.

SBF donated $6m to Lightcone. Then FTX in ch 11 wrote demanding a clawback (cos it was stolen customer funds). Lightcone ignored it. This went badly for Lightcone. They had to sell a building and their funding has dried right up.

this is Oliver Habryka, CEO of Lightcone:

"Oh man, we are being sued by FTX. I should hire a bankruptcy lawyer to prepare our defense." WRONG. I mean yes, of course go ahead and hire a bankruptcy lawyer to prepare the defense. But in-parallel use language models to prepare a defense yourself, then run the defense by the lawyer you hired until you think you understand reasonably well what the core constraints are. Then work together with the bankruptcy lawyer on the defense.

Habryka wrote this a few years after Lightcone completely fucked this one. Well done, Oliver.

https://www.lesswrong.com/s/cegJvyiP2dBkhDh2K/p/rSCxviHtiWrG5pudv

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video version - yes i did one for this too

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SuccessGreat! Check your inbox and click the link.ErrorPlease enter a valid email address. NFTs That Cost Millions Replaced With Error Message After Project Downgraded to Free Cloudflare Plan

On Friday, thousands of NFTs that had once sold collectively for millions of dollars vanished from the internet and were replaced with the phrase “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service.” The pictures eventually returned but their brief loss, as a result of one of the services that served the NFTs being migrated to a free account, is a reminder of the ephemeral nature of digital goods as well as the craze for crypto-backed pictures that dominated the internet for a few years.

The pictures were part of a CloneX RTFKT (pronounced “artifact”) collection, a Nike-backed NFT project done in collaboration with Japanese artist Takashi Murakami. They disappeared because the corporate overlord that acquired them was no longer investing the time or capital into the project it once had.

At around 5 a.m. EST on the morning of April 24, more than 19,000 NFTs in the CloneX RTFKT (pronounced “artifact”) collection vanished. In their place was white text on a black background that said: “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service.”


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introducing speculative assets into the housing market has caused some problems before.

it's for corrupt purposes, of course:

The blockchain idea is being pushed, a HUD official told colleagues, by Irving Dennis. Dennis, the agency’s new principal deputy chief financial officer, is a former partner at the global consulting giant EY, also commonly known by its original name, Ernst & Young. EY itself is involved in the proposal as well: An executive of the firm discussed the idea with HUD officials last month.

a followup story: https://www.propublica.org/article/hud-cryptocurrency-blockchain-democrats-maxine-waters

archive link: https://web.archive.org/web/20250329193844/https://www.propublica.org/article/hud-considers-crypto-blockchain-stablecoin-housing-urban-development

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