Anyone who thinks they can still pay with cryptocurrency after the collapse of our civilization is beyond help. Would you trade something to eat for a USB flash drive in the end times?
#btc #Bitcoin #crypto #cryptocurrency #money #finance #Infrastructur #civilization #future #earth #economy #humanity
Source: https://en.haberler.com/el-salvador-has-made-a-profit-of-over-10-billion-18073476/
El Presidente, please allow me to briefly explain #capitalism to you. As long as you do not sell bitcoins, the profit and the previous loss are only theoretical. El Salvador is a poor country and has no #money for #speculation. This means you have to take out expensive loans to pay #salaries in the state apparatus and so you make a loss and not a profit.
#news #technology #Software #Problem #economy #politics #fail #btc #future #trump #investment #dollar
Source: https://protos.com/airbnb-host-adds-no-crypto-mining-rule-after-tenant-installs-10-rigs/
“It was cheaper for them to rent a house to pay for that electricity,”...
Who is actually still interested in these greasy parasites who want to keep their business model alive with a crowbar?
#business #electricity #cryptocurrency #fail #finance #Problem #btc #news
Seized #BTC sales by the German and U.S. governments, and sell pressure from Mt. Gox user refunds create multibillion-dollar overhang, SynFutures' Rachel Lin said.
#money #market #news #technology #cryptocurrency #usa #germany
An Australian #computer scientist who claimed he invented bitcoin lied "extensively and repeatedly" and forged documents "on a grand scale" to support his false claim, a judge at #London's High #Court ruled on Monday.
Have you ever found trustworthy people in the #crypto swamp?
#fail #currency #money #finance #cryptocurrency #technology #problem #news #justice #btc #bitcoins
source: https://www.techtarget.com/whatis/feature/Pig-butchering-scam-explained-Everything-you-need-to-know
The pig butchering scam, also known as a #romance scam, is a long-term fraud that combines #investment schemes, romance scams and #cryptocurrency #fraud. This scam originated in Southeast #Asia, and the name originates from the Chinese phrase "Shāz Hū Pán," meaning pig butchering. A ring of cryptocurrency #scammers search dating and social #media sites for victims.
Source: https://blockworks.co/news/jump-crypto-wormhole-hack-recovery
Fast forward to 21st February, #Oasis received an order from the High #Court of #England and #Wales to take all necessary steps to retrieve assets involved with the wallet address associated with the #exploit.
According to a report, $140 million worth of assets were successfully recovered following a counter-exploit. The retrieval was initiated via the Oasis Multisig, and the funds were returned to a court-authorized third party. The counter exploit was only possible with the approval of the Oasis Multisig.
#justice #crime #cybercrime #finance #security #software #smartContract #news #btc #bitcoin #bitcoins #cryptocurrency #wormhole #Blockchain
The #BTC #Scam comes apart and bites the financial industry that perverted it's Cock (as in penis) off. 'Miners' were one of the Scam's factions continually undermining the value of the so called "Coins".
Btw, "intangibles" such as BTC are figured into the GNP as wealth if the nation, and when it was recalculated historically back to 1900 by the US treasury a few years ago, that little piece of Scam bookkeeping turned the Great Depression of the 1930s into a blip... You ain't seen NUTHIN yet.
https://www.bloomberg.com/news/articles/2022-11-30/crypto-lenders-woes-worsen-as-bitcoin-btc-miners-struggle-to-repay-debt #Bitcoin #BitcoinScam
source: https://www.vanityfair.com/news/2022/11/sam-bankman-fried-ftx-new-york-times-dealbook-interview
“Look, I’ve had a bad month,” he said, to laughs from the audience. “That’s not what matters here. What matters here is the millions of customers” and “all the stakeholders at #FTX who got hurt and trying to do everything I can to help them out,” added #Bankman-Fried. “I don’t think what happens with me is the important part.”
#crypto #exchange #crime #scam #fraud #interview #bitcoin #money #finance #fail #news #btc
source: https://www.nytimes.com/2022/11/17/business/ftx-bankruptcy.html
In a blistering #court filing on Thursday, Mr. Ray described an astonishing level of disarray and said he had never seen “such a complete failure of corporate control.” He listed a series of “unacceptable #management practices,” including the use of an unsecured group email for access to sensitive data, and said the financial information maintained by FTX was deeply untrustworthy.
#Crypto #economy #bitcoin #btc #fail #bankrupt #finance #money #news
Fortunately for Salvadorans, nothing has come of the US$1 billion Bitcoin bonds scheme. But the #Bukele #government has still spent more than US$100 million buying bitcoins – which are now worth less than US$50 million.
Not even the Cryotobillionaires believe that their crypto #money will still be worth anything after the end of the #world. Do you seriously believe that someone will trade you some bread for a USB stick in the end time?
#apocalypse #wealth #cryptocurrency #btc #bitcoin #crash #collapse #finance #armageddon #fail #humanity #future #problem
source: https://nymag.com/intelligencer/article/three-arrows-capital-kyle-davies-su-zhu-crash.html
So far, liquidators have recovered only $40 million in #assets. “It became clear that they were insolvent but were continuing to borrow, which really just looks like a classic #PonziScheme,” says Kasselman.
#finance #money #economy #fail #crash #scam #technology #software #news #blockchain #bitcoin #bitcoins #btc
Der Iran hat den ersten Importauftrag seiner Geschichte mit Kryptowährungen bezahlt. Der Vorgang sei Teil einer breiter angelegten Strategie.
https://www.btc-echo.de/schlagzeilen/iran-importiert-gueter-mit-kryptowaehrungen-148385/
The liquidators said Su and Davies have not yet begun to cooperate in the #liquidation effort, and that they are not only concerned about delays to their work, but the "actual and imminent risk" that the founders or other parties will whisk away 3AC's #cryptocurrency assets.
They are demanding immediate access to #3AC's #Singapore offices and #information about 3AC's bank accounts and digital wallets.
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