BushidoBrown
Superstar
not explicitly related to black americans but this dude on twitter absolutely despises everything that has to do with crypto 
African-Americans Outpace Whites & Hispanics In Cryptocurrency Investments, A New Avenue to Wealth
- Thread starter ogc163
- Start date
ADevilYouKhow
Rhyme Reason
An ex-employee at a crypto-lender that's holding customer deposits hostage has sued the company, calling it a 'Ponzi scheme'
Jason Stone, the CEO of a firm that Celsius acquired, says the cryptocurrency lender failed to hedge risk, manipulated the market, and has a "loose relationship with the truth."
www.businessinsider.com
ADevilYouKhow
Rhyme Reason
Bloomberg - Are you a robot?
www.bloomberg.com
Almost all large-scale bitcoin miners in Texas pause activity as state braces for possible rolling blackouts
Bitcoin miners were already under pressure from cratering crypto prices. Now, a heat wave is pushing some of the biggest miners to pause operations.
markets.businessinsider.com
I thought Texas was supposed to be the future?
https://www.vice.com/en/article/m7v...in-ethereum-dogecoin-shytcoin-blockchain-rich
Charlie Munger says buying crypto is investing in nothing - and he avoids it like a dirty sewer
Warren Buffett's business partner slammed crypto sellers as "delusional or evil," and warned against buying or trading the digital coins.
markets.businessinsider.com
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ADevilYouKhow
Rhyme Reason
Crypto Plunge Is Cautionary Tale for Public Pension Funds
Minneapolis (AP) -- When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund's chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned.
www.bloomberg.com
88m3
Fast Money & Foreign Objects
9 Companies That Hoarded Customers’ Money as Crypto Crashed
With cryptocurrency prices collapsing, a handful of companies found themselves pulling a move pulled from the playbook of a 1920s bank: freezing withdrawals.
gizmodo.com
dora_da_destroyer
Master Baker
Celsius becomes third major crypto firm in two weeks to file for bankruptcy
Crypto lender Celsius Network initiated bankruptcy proceedings on Wednesday night, becoming the third high profile crypto firm to do so in the last two weeks.
all of those influencers that made money off poor black people are going to be burning in hell if there's one.
There were all these beautiful claims about how "new media" was going to bring a new era in open information and free the consumer, but in reality it just proved that the average American when given no restrictions and any power at all will push absolutely any bullshyt claim for personal gain.
88m3
Fast Money & Foreign Objects
Crypto lender Celsius files for bankruptcy, still won’t let users withdraw funds
Firm scoffed at "misinformation"—then halted withdrawals and filed for bankruptcy.
arstechnica.com
Piff Perkins
Veteran
Munger warned yall...
I have some money in crypto but never went all in because the end was obvious. Sure if you got into bitcoin super early and sold at the right time you'd be set for life. But most people didn't invest until it was too high. Investment shouldn't be a get rich scheme or fad. End of the day index funds and EFTs will always be the smart play. Long term.
I have some money in crypto but never went all in because the end was obvious. Sure if you got into bitcoin super early and sold at the right time you'd be set for life. But most people didn't invest until it was too high. Investment shouldn't be a get rich scheme or fad. End of the day index funds and EFTs will always be the smart play. Long term.
BushidoBrown
Superstar
not sure what the real implications of this is
dora_da_destroyer
Master Baker
Operationally - cost saving measure, shutting down an expensive marketing channel
Strategically - means they’re fine slowing down customer acquisition
ExodusNirvana
Change is inevitable...
I warned folks
I dropped a little bit in but nothing crazy...a little bite from my tax return a few years back
That's it.
I wish I would have held on to the BTC I had back in 2012, I'd be chillin right now, no lie
But even back then I was like yo....this is for trading not for investing. And once it was insinuated that the Feds got past that whole privacy thing, it was like ehhhhhhhh
BushidoBrown
Superstar
new media is probably still a good thing overall.
there just doesnt seem to be a great system or great way to highlight when things are absolutely un-factual or intentionally misleading.
if people dont have the ability to discern for themselves whats BS or not they easily get caught up in the finesse
call that darwinism if you want. either way, its a dirty game
Ol’Otis
The Picasso of the Ghetto
SMH
The camel out here promoting this shyt to the folks in the Marcy Projects
The camel out here promoting this shyt to the folks in the Marcy Projects