#Crypto

[elalmadelmar]

95% of NFTs are worthless, and most of the most expensive ones are priced between $5-100 where they were once drawing millions US$ apiece

Not a moment too soon, and fully deserved 😎

In conclusion-

[trainsinanime]

People keep saying that NFTs are worthless now, and always have been, but that's not true. Yes, there has been a lot of criticism and video essays and websites around the topic. But the truth is that even now, NFTs are actually worth something, at least in Germany.

Specifically 10€ worth of groceries.

German supermarket chain Kaufland has a deal where they give you a 10€ gift card if you give them your old (have to have owned them for more than three months) NFTs, which will then get displayed on their "wall of lame". It's 10€ per person, no matter how many NFTs you give them, but still, 10€ is a really good deal at this point no matter how many NFTs you have. If you stick to store brands then you can stretch this pretty far.

Now, some might say that this is just a cynical marketing ploy, an attempt to promote the supermarket chain by appealing to all of our Schadenfreude about one of the most controversial tech topics ever until AI came along. And that's because that's absolutely true.

But on the other hand it is also very funny.

[cerastes]

[catchymemes]

[vexwerewolf]

Crypto is dying, reblog to make it die faster

[warakami-vaporwave]

Atari84

[furryrun]

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[probablyasocialecologist]

[tastefullyoffensive]

You love to see it.

[cerastes]

aight

[thefinaljohnson]

I'm dead 🤣

[mostlysignssomeportents]

It’s jarring to read a story about a neighbor calling the police on a nine-year-old Black girl spraying for invasive lanternflies, describing the girl to a dispatcher as a “little Black woman walking, spraying stuff”, and then switch over to another tab with a story on the 30-year old “crypto kid” who might’ve just made an oopsie with billions of dollars of customer funds. On one hand, literal children are portrayed in the media as adults, and treated as such in the prison system; on the other, a man who’s been old enough to vote for over a decade is being described as “a young man in need of both defense and a friend” offering refreshments to a reporter “as if we were there for a playdate”.

Sam Bankman-Fried is not a child, Molly White 

[warakami-vaporwave]

Twitter84

[st-just]

If I told you that US venture capitalists promoted a Ponzi scheme that used a cartoon computer game to steal hundreds of millions of dollars from poor workers in the Philippines and send it to North Korea to fund a ballistic missile program, you probably wouldn’t believe me. Unless I said “… using crypto,” in which case you would probably say “oh yeah that sounds about right.”

-Matt Levine

[princesskiwiskye]

I recently saw a post about how tumblr is the best platform for crypto to grow. Specifically NFTs and the web 3 communities behind them.. I agree. Tumblr is known for being home to some of the most amazing communities. There was a time were outsiders dominated this space and made it their own and still do.

The crypto community in its nature is everything that tumblr communities were back in the day.. the biggest difference here is power. Crypto has the power to give communities real power. Bigger than being famous is having the resources to grow and protect value. I never really had my tumblr era because to do that you have to know your people. I didn’t know who I wanted my people to be back then.

Now I do. People that are not scared to dream and change the world. People that take risks and believe in the power of community. People that understand the importance of a decentralized future where we have a say on where we are heading.

I want to build with tumblr to change the future of a great company.

I think this is going to be my tech era through and through and I love that we are choosing tumblr for this adventure. The platform is too cool to die ❤️

My first Music NFT will also be posted here as I continue to grow as an Independent artist. Alte Island, the web 3 project I have been working on is also going to have a big presence on this platform. I’m so freaking excited 🙃

I hope I find all my people and they find me. I’m ready for the moon 🌖

SHOW ME YOUR ART!!! SHOW ME YOUR PROJECT!! let’s open the floodgates ❤️🥹