Pascal HartigApr 11, 2023
Laurie Voss
New user growth has slowed to a crawl, previous users are churning, nobody trusts it: crypto is over, according to Pew Research. https://www.pewresearch.org/fact-tank/2023/04/10/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/
Majority of Americans aren’t confident in the safety and reliability of cryptocurrency

Concern among U.S. adults about cryptocurrency is broad, but some groups are more concerned than others. Only 18% are somewhat confident in crypto.

Pew Research Center
Apr 11, 2023 at 7:17pmWeb
Show threadChristopher NeugebauerApr 11, 2023
@seldo better headline: Pew Pew-Pews Crypto
Show threadHarish NarayananApr 11, 2023
@chrisjrn @seldo You win one internet.
Show threadKyle RoseApr 11, 2023
@chrisjrn @seldo 🏆
Show threadsuldrew 🚲🏳️‍🌈Apr 11, 2023
@seldo how can I short it to zero
Show threadstephen judkinsApr 11, 2023
@suldrew @seldo if you're actually serious: the answer is that you largely can't. You need trusted counterparties and regulated exchanges offering the right options to safely short things, and that simply doesn't exit in this space
Show threadsuldrew 🚲🏳️‍🌈Apr 11, 2023
@stephenjudkins @seldo I assumed as much
Show threadAlbertaGirl46Apr 12, 2023
@seldo I am still waiting for my monopoly money to gain value. ;)
Show threadNicole ParsonsApr 12, 2023

@seldo

Cryptocurrency is a scam with national security implications.

It's promoted by hostile entities, like Russia, OPEC, and China, seeking to usurp the US dollar as a global reserve currency.

And Republicans billionaire donors are helping these entities.

https://www.theguardian.com/technology/2022/nov/30/ftx-billionaire-sam-bankman-fried-dark-money-republicans

https://www.cnbc.com/2022/06/10/peter-thiel-bitcoin-fellow-erik-finman-gives-up-to-20-million-to-gop-candidates.html

https://www.vox.com/recode/2022/10/31/23433236/coinbase-billionaires-crypto-midterms-campaign-donations-bitpay-2022

FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

The crypto entrepreneur was thought to be a big donor to Democrats but now acknowledges he gave equally to GOP

The Guardian
Show threadjlbecApr 12, 2023
@seldo <grumpycat>Good.</grumpycat>
Show threadyuletideApr 13, 2023
@seldo the biggest users of crypto are gonna end up being big banks and hedge funds