Options Techtonic with Mark Hurst: Playlist from June 21, 2021 Options

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Options June 21, 2021: Cook, Khan, crypto, Christie's, corona complicity... and Pink Floyd.

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Tonight: Cook, Khan, crypto, Christie's, corona complicity... and Pink Floyd.

Last week ("Cupertino, Cuban, crypto, Cadence, Cena, China, and calling cicadas") I ran out of time, so I'm extending it to this week: crypto FOR REAL this time, as well as a bunch of other C's. And Pink Floyd.

Links:

Stacey Mitchell, today: "This week the House Judiciary will vote on legislation to break up & regulate Amazon. A yes vote backs open markets governed by democratic rules where any business can compete on the merits. A no vote, on the other hand, allows Amazon to continue as a private regulator of online commerce, dictating which businesses can reach customers and the price they must pay to do so. Only a breakup can remove Amazon’s incentive and ability to use its gatekeeper power to self-deal & undermine competitors. Otherwise, Amazon will continue to use the tactics we detail in this factsheet to exploit & hobble independent businesses."

Biden Names Lina Khan, a Big-Tech Critic, as F.T.C. Chair (NYT, June 15, 2021): "Ms. Khan, who first attracted notice as a critic of Amazon, was confirmed by the Senate as a commissioner on the agency on Tuesday."

Roger Waters at the People's Forum (June 12, 2021), in favor of Julian Assange and against Zuck and Facebook/Instagram.

U.S. Seizes Share of Ransom From Hackers in Colonial Pipeline Attack (NYT, June 6), prompting Ted Frank to ask: "If sophisticated hackers can’t launder Bitcoin proceeds from an illegal criminal conspiracy without the government “reaching into a digital wallet” to seize them, I’m very confused what the use case is for cryptocurrency. It’s not a stable store of value. It’s not more efficient than electronic transfers of fiat money. Huge social deadweight loss. The one comparative advantage seemed to be the questionable “avoiding government scrutiny”, but if USDOJ can do this with a warrant, imagine CCP power."

• "#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy." - Michael Saylor, September 2020.

Pumping up the worthless with NFTs (by me on Creative Good, March 12)

• Finally, the classic definition of Bitcoin:


(by @theophite)


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Artist Track Album Label Images Approx. start time
  Cook, Khan, and a crypto explainer. Also, Pink Floyd.
Tomaš Dvořák  Game Boy Tune   Options Machinarium Soundtrack  No label 
Options
 
  Mark's intro      
Options
 
  Mark's comments      
Options
0:45:17 (MP3 | Pop‑up)
  Roger Waters at People's Forum      
Options
0:49:14 (MP3 | Pop‑up)
Andy Rehfeldt  Can't Touch This / Tiny Dancer (Andy Rehfeldt mashup)   Options None  None     


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Listener comments!

Avatar 6/19 8:55pm Fredericks:

Hello, Future?
Avatar Swag For Life Member 6:00pm Handy Haversack:

Hello, past.

Also, hello Mark and all the Techyon Drives! Actually with you all today. Techgin poured (in this case, with Techlemon juice, Techrasperries, and Techcoda). Still always room for Techtonic!
Avatar Swag For Life Member 6:00pm ultradamno:

Mark! Techtono-sees!
  6:00pm David in London:

Evening Mark and all Technoids
Avatar Swag For Life Member 6:01pm chris in the redwoods:

hiya, Mark and people of the space-time continuum
Avatar Swag For Life Member 6:01pm Handy Haversack:

Formerly known as Thee Techton-OCs.

Hey, ultradamno, Chris, David, all.
Avatar Swag For Life Member 6:02pm Wendy del Formaggio:

Hi Mark. Hi friends. I hope everyone is doing well.
Avatar Swag For Life Member 6:02pm ultradamno:

Hiya Handy!
Avatar Swag For Life Member 6:03pm HyperDose:

Class is in session!
Avatar 6:03pm TDK60:

Hi Mark.
Avatar Swag For Life Member 6:04pm DjLorraine:

Hello now
Avatar Swag For Life Member 6:04pm melinda:

hi techtons!
Avatar Swag For Life Member 6:05pm listener james from westwood:

I was hoping that bitcoin-explainer tweet would be in the playlist!
Avatar Swag For Life Member 6:05pm tim from washington:

Hi Mark and all of you above.
Avatar 6:06pm Revolution Rabbit Nov63:

...I mean when Krypton blew up - gotta be @ least one dawg yeah?...
  6:07pm David in London:

There is a C in Pink Floyd, he’s called Roger Waters.
Avatar 6:07pm Bas NL:

Hi Mark & tech friends!
Avatar Swag For Life Member 6:07pm ultradamno:

No c in Pinc Floyd?
Avatar Swag For Life Member 6:09pm Handy Haversack:

Are there no KHHHHHHAAAAAAAAAAANNNNN! memes for the tech captains?
Avatar Swag For Life Member 6:09pm melinda:

great news
  6:11pm Peter from Dover NJ:

Hello Mark, will Congress compel Bezos to sell Whole Foods? #trustbusting
Avatar Swag For Life Member 6:12pm Ken From Hyde Park:

Good evening Tech Leader Mark. Awaiting orders!
Avatar Swag For Life Member 6:13pm tim from washington:

Amazon recently opened a "no pay" grocery store in Seattle. Ugh.
Avatar Swag For Life Member 6:13pm tim from washington:

@DiL - do three other letters follow C?
Avatar Swag For Life Member 6:14pm ultradamno:

When will the Mormons come up with a cryptocurrency called Mittcoin?
Avatar Swag For Life Member 6:14pm Ken From Hyde Park:

I think there's a petition going around to prevent Bezos from returning back to Earth once he gets into orbit.
Avatar Swag For Life Member 6:15pm Handy Haversack:

It's an actual coin, ultradamno. It's made of platinum and an angel buried it so we would be ready for its message. That's why it was in Taxachusetts.
Avatar Swag For Life Member 6:15pm melinda:

@Ken haha
Avatar Swag For Life Member 6:16pm melinda:

has anyone called it shitcoin yet?
Avatar Swag For Life Member 6:16pm Fuzzy:

www.change.org...

Duly signed.
Avatar Swag For Life Member 6:16pm tim from washington:

That actually makes sense to me - hahaha!
Avatar Swag For Life Member 6:16pm Franco Twinkie:

Okay, that works for me.
Avatar Swag For Life Member 6:16pm melinda:

great description
Avatar 6:19pm Katy_bar_the_door:

I really hope Mark gets to CBDCs. The G7 published a communique on it on June 5th. That's where we are headed. It'll be no bueno, kids.
Avatar Swag For Life Member 6:19pm Handy Haversack:

If only there were some sort of allegory of a cave that might help here.
Avatar Swag For Life Member 6:19pm tim from washington:

Hahaha - I llerally thought bitcoin mining came from scrap hard drives. Seriously.
Avatar Swag For Life Member 6:20pm ultradamno:

OK, so what are the cave-in risks?
  6:20pm The Butterman:

Answer me this question one and you can have the treasure.
Bitcoin sounds ever more ridiculous than regular bull shit money.
  6:20pm David in London:

Tim, they do mate.
Avatar 6:20pm Bas NL:

More like revving at full power...
Avatar Swag For Life Member 6:21pm ultradamno:

I keep getting distracted by the promise of sweet, sweet heroin.
Avatar 6:21pm Fredericks:

Hello. I hoped I'd be here.
  6:21pm Heidee:

what has happened to trading shells
Avatar Swag For Life Member 6:21pm Franco Twinkie:

I think I'm getting a math headache.
Avatar Swag For Life Member 6:21pm melinda:

@ultradamno haha
Avatar 6:22pm Katy_bar_the_door:

Bitcoin currently consumes around 110 Terawatt Hours per year — 0.55% of global electricity production, or roughly equivalent to the annual energy draw of small countries like Malaysia or Sweden.
Avatar Swag For Life Member 6:22pm PaulRobeson1920:

Hi hi hi
Avatar Swag For Life Member 6:22pm Webhamster Henry:

DO you think that fiat currency is also used for paying criminals? How do you think Criminals get to be billionaires?
Avatar Swag For Life Member 6:22pm Blobs:

Mark, I love you. Really do. But your ignorance is showing this topic... Homework can be completed here: endthefud.org
Avatar Swag For Life Member 6:22pm Webhamster Henry:

But Bitcoin is also awful.
Avatar 6:23pm White Michael:

how much does a military complex cost to back up US dollars?
Avatar Swag For Life Member 6:23pm Wendy del Formaggio:

@Fuzzy: Thank you for that link! FWIW, I signed.
  6:23pm kevlicki:

Bitcoin and blockchain seem like an ecological disaster.
And It is not replacing clegal tender cos it’s valuation is based on the dollar, no?
  6:23pm The Butterman:

I’m eating fud right now. Good fud. Yummy.
Avatar Swag For Life Member 6:24pm Blobs:

If you see no value in Bitcoin, it is impossible to evaluate its "drawbacks" objectively. So many people speak with authority on the topic whilst having no clue.
  6:24pm David in London:

Hackney, my local authority here in London was, er, hacked, with a ransomware attack only a few weeks ago.
Avatar 6:25pm Bas NL:

We have had a week without cheese in the shops due to a hacked supply system.
Avatar Swag For Life Member 6:25pm Franco Twinkie:

You sure the pipeline didn't get plugged up with Bitcoins boiling up from hell?
Avatar Swag For Life Member 6:26pm Fuzzy:

@Wendy: you're welcome! Everyone should sign it!
Avatar Swag For Life Member 6:26pm chris in the redwoods:

ransomware criminals often use some sort of social engineering, rather than software, to convince someone to give them credentials. you know, they just run a short con. then once in, they plant the ransomware software.
Avatar Swag For Life Member 6:26pm tim from washington:

Kill 'em with kindness.
Avatar Swag For Life Member 6:26pm Webhamster Henry:

Bangladesh, Bolivia, Egypt have banned crypto currency, Costa Rica has embraced it. Some other countries with unstable fiat currencies are using crypto just so they have something that works (and is not US dollars like most other black markets).
cryptopotato.com...
  6:27pm mackie:

Mark, take a breath. Come up for air. Aren't you thirsty? Have a little drink. Of water.
Avatar 6:28pm Katy_bar_the_door:

It is not anonymous
.
  6:28pm The Butterman:

Hi, my name is Butterman and I’ll be your attacker today.
Afterward: is there anything else I can help you with today. No? Ok, you are a valued victim and you have a great day now. Buh bye
Avatar 6:29pm Bas NL:

Do make backups people.
Avatar Swag For Life Member 6:30pm tim from washington:

Next time the hackers should mail a paper ransom note.
Avatar Swag For Life Member 6:30pm Fuzzy:

Turnabout is fair play -- the feds have to had socially engineered the key from one of the hackers to recover the coin.
Avatar Swag For Life Member 6:30pm Blobs:

They were storing the keys, moronically, on a server that was subpoenaed by federal agents.
Avatar 6:30pm White Michael:

btc is not anonymous. Its pseudonymous. See Z-cash
Avatar Swag For Life Member 6:30pm Webhamster Henry:

It is anonymous, the idiots were hacked themselves.
Avatar 6:30pm White Michael:

or monero
Avatar Swag For Life Member 6:30pm Blobs:

Mark I am disappointed by your lack of research on this topic! For real!
  6:31pm ed:

This might explain why crypto is hitting rock bottom right now. The secret is out.
Avatar Swag For Life Member 6:31pm Fuzzy:

Not your keys, not your coin. BTC 101.
  6:31pm David in London:

Bitcoin without Silk Road is like an AK47 without a magazine.
Avatar Swag For Life Member 6:31pm Wendy del Formaggio:

@Bas: For real?!? No cheese?!? Oh my gosh. Call the UN! NATO! Anyone!
Avatar 6:32pm Katy_bar_the_door:

MAX!!
  6:33pm mackie:

Talking non-stop since the program began. Impressive. Think Mark is talking about bitcoin. And ransomware. I think.
Avatar 6:33pm Bas NL:

With hackers other types of crypto currencies now get popular. More secure ones. @Wendy! I was waiting for your comment! :)
Avatar Swag For Life Member 6:33pm Webhamster Henry:

This show is full of idle thoughts.
Avatar Swag For Life Member 6:33pm PaulRobeson1920:

Crypto currency is fraud on a large scale
“ Prohibition is an awful flop.
We like it.
It can't stop what it's meant to stop.
We like it.
It's left a trail of graft and slime,
It won't prohibit worth a dime,
It's filled our land with vice and crime.
Nevertheless, we're for it.”

Al Capone became a million at 26. remember that
Avatar Swag For Life Member 6:34pm Wendy del Formaggio:

@Bas: Sorry for the delay! I was signing the change.org petition to deny Bezos re-entry to Earth, and emailing it to some friends. It's a public service! haha
Avatar Swag For Life Member 6:34pm chris in the redwoods:

wasn't the winklyboys lawsuit settlement with farceborg paid with bitcoin?
Avatar Swag For Life Member 6:34pm Fuzzy:

"Mark's intro" --- past the 35-minute mark now!
Avatar Swag For Life Member 6:35pm I kョ:

NYC, one final new link for a voting guide: docs.google.com...
Be sure to click on all the different positions for all the different endorsements! (Though I think Manhattanites might want to hedge their bets by choosing Alvin Bragg. No RCV in that race.)
Avatar 6:35pm Katy_bar_the_door:

That's called a pyramid scheme.
Avatar 6:35pm Bas NL:

Good action Wendy!
Avatar Swag For Life Member 6:36pm chris in the redwoods:

rotf, David in London @6:31
Avatar Swag For Life Member 6:36pm Fuzzy:

Thank You For Shopping PUMP AND DUMP!
Avatar 6:37pm Bas NL:

Europe is on it's way of introducing a 'digital' currency as an answer to crypt-currecies.
Avatar 6:37pm Katy_bar_the_door:

The memes are excellent, though.
Avatar 6:37pm TDK60:

Ike: RCV?
  6:37pm David in London:

I launched tulipcoin, my new crypto currency, on Joe McGasko’s board earlier today.
It’s an exciting new investment opportunity if anyone here wants to invest...
Avatar Swag For Life Member 6:38pm ultradamno:

But how could it have been anticipated that something called 'crypto' would attract shady types?
  6:38pm Listener Robert:

Friend in NJ and his son now in TX (was his son's doing) have been mining Bitcoin for 1.5 yrs. in his garage. Needed to order the machine from the Far East, was back ordered for months. Its cooling system is LOUD, quite a drone going continuously.

His nephew has been speculating in Ethereum and Bitcoin.
  6:38pm The Butterman:

Why is it so popular? You put anything on the computer and idiots eat it up like candy.
Avatar Swag For Life Member 6:39pm melinda:

@David haha
  6:39pm ed:

If anyone wants to buy my crypto currency, please leave your money in a lunch bag behind your local 7-11 near the dumpster and I'll make you tons of profit. Honest!
Avatar Swag For Life Member 6:39pm melinda:

it does make sense
Avatar Swag For Life Member 6:39pm Blobs:

Anybody who wants to properly educate themselves can go here: endthefud.org. Mark clearly has only cursory knowledge of this topic and doesn't see the value in it. Nothing will change his mind.
  6:40pm Listener Robert:

Advantage of Bitcoin is that it can't inflate, since there's a mathematic ceiling on the number -- which is close to being reached by now. As they get scarcer, they get harder to mine, consuming more time & electricity.
Avatar 6:40pm Bas NL:

I want a tulipcoin!
Avatar 6:40pm Katy_bar_the_door:

YES!!! he's getting to CBDCs!!!

TESTIFY!!! MARK!!!
Avatar Swag For Life Member 6:40pm Birdman:

People also get into crypto just to “be a part of something”
  6:40pm The Butterman:

Ed, lol. I was going to make a “behind the dumpster” joke too. Beat me to it!
Avatar Swag For Life Member 6:40pm Webhamster Henry:

There is "Exposurecoin" for use musician to get paid in "Exposure".
  6:41pm mackie:

Hope there's still time foe Pink Floyd. Not Uncle Floyd. Pink Floyd
Avatar 6:42pm Bas NL:

"Paper" money?? Great idea..
  6:42pm Listener Robert:

I may have counted wrong, it may be 2.5 yrs. that my friend's Bitcoin miner's been droning.
  6:42pm ed:

Ha! Butterman we think alike. I'll trade you one "EdCoin" for one "ButtermanCoin"...or 10,000 dollars.
  6:42pm David in London:

Bas, one mines tulipcoins by planting lupins in your garden.
But because it’s you, you can have one for free.
  6:43pm mackie:

In Viet Nam it costs like 10,000 dollars for a cup of coffee. In paper money.
Avatar 6:44pm Bas NL:

Thanks @David! I'm afraid i have no garden to grow lupins.. i should move.
  6:44pm ed:

In china, crypto currency makes autocracy very easy to control people.
  6:44pm The Butterman:

Buttercoins come with special gloves to protect ones hands from the greasy residue. Slippery little bastards.
Avatar Swag For Life Member 6:44pm Wendy del Formaggio:

@Mackie: I'd also welcome time for Uncle Floyd.
Avatar 6:45pm Katy_bar_the_door:

CBDC = Central Bank Digital Currency.
  6:45pm Listener Robert:

Wouldn't coffee be better in a specially-formed paper cup? I know you can fold money, but....
Avatar Swag For Life Member 6:45pm PaulRobeson1920:

I take my coffee Paul Newman’s blend. 1 cream
  6:46pm KWilde:

Cryptocurrencies will work until The Arrest
Avatar 6:46pm Bas NL:

A friend of mine bought about $10 worth of bitcoin when first launched. Recently he sold some and bought a $80000 car.
  6:46pm ed:

you mean facebook's digital currency will be the gateway to autocracy here?
Avatar Swag For Life Member 6:47pm Blobs:

The guy who staunchly, rightly, opposes goverment surveillance and oppression says cryptocurrency is inevitable... And trashes the only decentralized, immutable currency we have.
Avatar Swag For Life Member 6:47pm tim from washington:

Will there be a cryptocurrency payment option during the 2022 Marathon?
Avatar Swag For Life Member 6:47pm Wendy del Formaggio:

Cryptocurrency coming makes me glad to live in Vermont. Our cell service is so shitty here, smartphone-based currency will never work.
Avatar 6:47pm Katy_bar_the_door:

Bravo, Mark. Great to hear voice put it all together.

Buy gold and silver. The only private forms of money left in our world.
  6:48pm mackie:

Fowl raised for food is called poult. In China
Avatar Swag For Life Member 6:48pm WR:

I think there is a gap, what you are intimating for the future is not crypto currency as much as paypal / apple pay / amazon pay / google pay centralized to banking system.
Avatar Swag For Life Member 6:48pm Blobs:

Katy doesn't have a need to send gold to relatives abroad, I guess.
Avatar 6:48pm Katy_bar_the_door:

Sounds like a cult.
  6:49pm David in London:

Blobs, why do you think Mark is off in his analysis here?
Avatar 6:49pm White Michael:

I keep all my cash in my walls and in holes in my backyard
Avatar Swag For Life Member 6:49pm ultradamno:

The Natalie Portman meme took over at just the right time, coinciding with the ultimate best example of the point at the cat meme twitter.com...
Avatar Swag For Life Member 6:49pm tim from washington:

Techtonic and Music for Mind Control crosses paths too frequently.
Avatar Swag For Life Member 6:50pm Birdman:

People will forget NFTs exist in a few weeks…. Days?
Avatar 6:50pm Katy_bar_the_door:

You did well, Mark. Bravo. Fantastic take for a generalist.
Avatar 6:50pm Revolution Rabbit Nov63:

Taking Liz Warren's points
...how much of the Crapitalist 'natural' Free Market makes sense in the 1st place...
Avatar Swag For Life Member 6:50pm Blobs:

Because he has misrepresented nearly every point I've heard in the show. And I really love Mark and this show... I am biased in his direction! But he is speaking superficially. There is too much to type in a Comments section.
Avatar Swag For Life Member 6:50pm melinda:

darn, no corona complicity
Avatar Swag For Life Member 6:50pm PaulRobeson1920:

I’m wondering, what is the largest commodity on earth today? Same as 100 years ago
Avatar Swag For Life Member 6:51pm tim from washington:

Thank you for the explanation, Mark. My knowledge on the subject was next to nothing 1 hour ago. This is really valuable to me (in all seriousness).
Avatar Swag For Life Member 6:52pm Wendy del Formaggio:

Hahaha, Roger Waters!
Avatar Swag For Life Member 6:52pm Blobs:

Anybody who cares to actually do their homework as to why Bitcoin provides access to immutable money that cannot inflate, regardless of their location or access to financial systems, can go here: endthefud.org
  6:52pm David in London:

What? They didn’t want to use The Final Cut?
Avatar 6:52pm Bas NL:

:) Roger Waters!
  6:53pm The Butterman:

The lunatic is in your computer
  6:53pm mackie:

Oh man. was expecting some music from Pink Floyd. Silly me
Two women who call themselves Lucious sing back-up vocals on Roger Waters' tour.
Avatar Swag For Life Member 6:53pm melinda:

that was great
Avatar Swag For Life Member 6:54pm Franco Twinkie:

Tell it Roger!
Avatar 6:54pm TDK60:

Good for him.
Avatar Swag For Life Member 6:54pm Wendy del Formaggio:

We should take a poll with recommendations for other Pink Floyd songs for the FB/IG commercial. They probably wouldn't want "Arnold Layne."
Avatar Swag For Life Member 6:55pm Blobs:

Mark, how much energy does the US military expend in their defense of the dollar's position as the world's reserve currency?
Avatar Swag For Life Member 6:55pm PaulRobeson1920:

I saw Roger Waters “The Wall” at Yankee Stadium 2012. Waters was booed before the show for the images showing on the wall
  6:55pm mackie:

Hey Wendy! Arnold Layne is a good song. See Emily Play is a fun tune as well.
Avatar Swag For Life Member 6:56pm listener 126464:

At the same time, there's lots of Pink Floyd on Amazon Music.
Avatar Swag For Life Member 6:56pm ultradamno:

He could use footage from Halloween of Michael Myers standing among the clotheslines to go with that song.
Avatar Swag For Life Member 6:57pm Franco Twinkie:

Set The Controls For The Heart of The Sun, C'mon!
Avatar 6:57pm Bas NL:

Mark, could you sing some Pink Floyd as an outro? I'll pay you one tulipcoin!
Avatar Swag For Life Member 6:57pm Wendy del Formaggio:

Hi Mackie! Those songs are great, i agree. But the content would be weird for the commercial. Not that that's ever stopped clueless jerks from mis-using music, though.
  6:57pm mackie:

Talk Talk I thought I'd Die!!!
Avatar Swag For Life Member 6:57pm Wendy del Formaggio:

Yay Mark! Thanks for another great show.
Avatar Swag For Life Member 6:58pm chris in the redwoods:

thanks, Mark!
  6:58pm Listener Robert:

We're probably near the end of all that electricity consumption as Bitcoin is completely mined out.
  6:58pm David in London:

Thanks Mark, fascinating show today.
Bas, keep spending!
Blobs, to be fair, I will rad that link.
Avatar Swag For Life Member 6:58pm People Like Us:

Thanks Mark!
Avatar Swag For Life Member 6:58pm Ken From Hyde Park:

Thanks, Mark. Techto-clean for another week!
Avatar 6:58pm Bas NL:

Thanks Mark!
Avatar 6:58pm TDK60:

Mark, thanks.
Avatar Swag For Life Member 6:59pm Fuzzy:

Thanks again, Mark!
Avatar Swag For Life Member 6:59pm tim from washington:

Thanks again, Mark!
Avatar Swag For Life Member 6:59pm Blobs:

Love you, Mark - I will continue to listen. But please read up on the topic of Bitcoin specifically. You spread misinformation tonight. Go to endthefud.org to learn more.
Avatar Swag For Life Member 6:59pm PaulRobeson1920:

Thank YoU, Mark!
Avatar Swag For Life Member 6:59pm People Like Us:

yayyyy
Avatar Swag For Life Member 7:00pm melinda:

tanks mark
  7:00pm yippie:

cant watch this
Avatar Swag For Life Member 7:13pm Mark Hurst:

@Blobs - with respect: I cited several sources, including Senator Elizabeth Warren, who has deep experience with the financial system... we're supposed to consider her experience & knowledge null and void, in favor of "endthefud"? I understand you're a Bitcoin supporter, that's fine, but there's no need to repeatedly bash my cited sources.
Avatar Swag For Life Member 7:14pm Mark Hurst:

And thanks, everyone, for the encouraging comments this evening!
Avatar Swag For Life Member 8:08pm WR:

Thank you Mark! Scary how much there is to try and jam into one hour a week. More thoughts on that soon.
  6:52am trashcendence:

You haven't talked smart contracts and layer2 dapps and their use cases, tokenomics what you to inflation, and untraceable privacy coins or proof of stake solution...and govarnance through crypto..or the concept of.defi web3.0 infrastructure and central bank adoption..
  8:25am deathpectation:

Blockchain is one pillar of the disruptive innovation tech sectors, the demand towards adoption has increased substantially. It can be considered web3.0. It aims to subsidize and automate finance, insurance, supply chain-, property management, and a bunch of other things including contracts. The potential in this sector is enormous, no wonder that according to Glassdoor the highest in-demand skill is blockchain on the job market. The influx of investment 10x in next 4 years. www.marketsandmarkets.com... This is why we experiencing something similar like in early 2000 the dot.com boom. As crypto market adoption is still adoption phase it's unregulated (high-ris& high reward) wild west. It opened the door for wealth distribution again. No wonder as it gains momentum retail trade sentiment can be exploited by gaslight manipulation through recycling & spreading & aggregating & amplifying often misinterpreted news with precisely executed timing article releases or twits to create the delusion of a crash and/or surge. The endgame is to discourage, demoralize, and eventually short retail investors who are trying to hedge against inflation.
How BTC is presented to the mainstream throughout its 13-year history is full of contradictions based on temporary market manipulations interests. For example, if the transactions are traceable then why is it used for illicit purposes like the black market and ransomware. Every transaction with the related metadata/addresses is carved into blocks that are accessible for public review. BTC is proof of work, which means to be and validate. And since China used to be the biggest miner that used mostly the cheapest coal energy for mining that made BTC gain a bad reputation, and with that blockchain technology itself even though that there is a lot of green energy involved as well and there are more advanced solutions besides proof of work. This tech will come either in a centralized way or idealistically in a decentralized way. It is up to the wealth distribution-driven news consumption which narrative will be fulfilled.
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