LOL: NFT Grifter Can’t Explain Why NFTs Are Valuable
Entrepreneur Gary Vaynerchuk can’t explain why NFT art, on its own merits, is more valuable than a regular JPEG.
What Jack Dorseyās Beef With āWeb 3ā² Is Really About
But in his Bitcoiner ferocity, Dorsey may have missed the subtler compromise position that is relatively common in the crypto industry. Everyone who’s really paying attention recognizes that Bitcoin is a rock-solid and transformative technology – but many also keep their minds open to the idea that less cosmically robust systems may have real applications and benefits, too. Do you really need an entirely censorship-resistant blockchain to manage profile pic NFTs or your multiverse robe and wizard hat? Do purpose-built blockchains like Flow really threaten Bitcoin?
Solana Billionaire VC’s Are Laughing At You
The SEC Threatens to Sue Coinbase but Coinbase Is Fighting Back
Today on “The Breakdown,” NLW briefly covers yesterday’s bitcoin price crash and why it was driven by market structure more than news. The main topic focuses on revelations from Coinbase that after months of engagement around its upcoming Lend product, the SEC is now threatening to sue. NLW examines the controversy from five dimensions:
The argument for and against lending as a security The SEC’s pattern of regulation by litigation How the SEC is rewarding bad actors by punishing compliance The concerning surveillance implications of one of the SEC’s requests Why these strong-arm tactics are doomed Should Coinbase take the battle to court?
Coindesk & Kraken aggregate blockchain requests to minimize cost
According to Robert Materzanni, CEO of Lukka, Large institutions like Coindesk and Kraken do not make a blockchain request for every transcaction. I infer that they also do not store individual blockchains for each customer.
LUKKA: SOLVING DATA CHALLENGES IN CRYPTO