CP

7101334

Gotta get on the Fediverse where governments have minimal control of content unless the users agree it should be illegal (like CSM aka CP)

apollotigerwolf

Really? So you would be fine with a CP distributor accessible in the US as long as it was based overseas?

PieceOfMined1290

They are all. Including bitcoin. Behind their all time high, inflation adjusted. Even at Bitcoins recent nominal all time high. It’s still behind its inflation adjusted all time high back in 2020-2021. Use shadow stats inflation data vs the CP LIE and you’ll see even further distortions. Furthermore posts like these are exhausting. Bitcoin will never replace all the metals no matter what it goes to because industrial demand will always exist, there are investors in metals who will never buy bitcoin, if bitcoin becomes stable (which it needs to in order to gain more adoption) most of the investors will leave because the yolo fast money BS will be gone. Finally, if the on and off ramps are banned because it becomes too competitive 90% of the bitcoin holders won’t know what to do. Also, now that it’s in the derivatives market with etf’s, enjoy the price manipulation metals holders have been dealing with for years. Bitcoin as a derivative means no more supply cap. Just like 200x the existing volume of gold is traded daily. Same with BTC. 🤫🤫🤫🤫✌🏻

Boring_Ad4003

There will always be some kind of censorship on social media. Otherwise you'll be flooded by CP and furry porn.

s1fro

You could think about it like messaging apps. If you send a SMS companies and government can I intercept it, store it, search for keywords in it and read it. If you send it through an app like Signal it's encrypted and no one can read it unless you mess up. Some countries ban this because bad guys could use it but in reality you will just get mass surveillance and very little safety benefits. You can make transactions without your name being attached to them, the transactions you make cannot be linked back to you at all, your balance is private. Even if you bought something on Amazon for example with a privacy coin once and you added your name and address Amazon still couldn't link it to your wallet or any other transactions you've made. Once your name is connected to your regular wallet with KYC, social media, your friends, data leak(that happen all the time btw)... anyone can see every transaction you have ever made with a normal blockchain (BTC, ADA, SOL...). Imagine if Visa, Paypal or your local bank made every transaction you have made and your bank balance public and easy to lookup. If your name is linked once then everything is public. Some dangers with this are that you publicly display your wealth which can make you an easy target for criminals. With your transactions public you can also be held accountable for any 'suspicious' transactions you have made. Maybe you made a donation to someone that's considered bad 10 years later, maybe you purchased something embarrassing that could impact your career if your future employer background checks you (like old tweets)... The arguments against would be that it can be used to fund whoever you want without consequences. While you could fund an upcoming movement to make X country more free and abolish the current oppressive government you could also just fund terrorists, buy drugs or access CP. The reality is that people just use cash for this but after it gets taken out privacy coins might be the best alternative.

Voski_The_God

I'm finding this thread late because I listened to a podcast but from my understanding there was any CP on his Silk Road or anything like that. That was out dark web pages and Silk Road 2 which popped up after he was arrested and ran by acometely different person.

purpleyak0

Electronic filing is by far easier, and I am similar in that my tax forms are typically \~200 pages. However, I was told that paper filing allows you the space to an add additional letter for review. From what I understand the other benefit is that the IRS computer(s) won't automatically flag and issue a CP2000 form if going with paper filing because it has to be reviewed by a person. If paper filing, the IRS also recommended sending it via certified mail as proof of submission date, and to avoid electronically filing a second form or amending anything before the first form has been processed. I was also told not to attach details like statements, trade records, etc... they would ask for them if needed. This year I am inclined to use a combo of crypto tax software and turbotax to calculate everything, then print the .pdf forms that are generated. It sucks, but prefer not to have to deal with unnecessary auditing hoops if possible.

gr8ful4

I guess there is no bad press. Bad things do indeed happen. All kinds of tools including cars, cash and grocery stores enable criminals. Last time they pulled out the CP "news shaming" was when BTC x100. This is not financial advise.

Shoddy_Trick7610

not lollipop, just "lolli". you know what "loli" is? anime CP!

One-Breakfast-5398

>is it as decentralised as ETH? I would not even call ETH decentralized to be honest. The Token is well distributed but in terms of political governance.. it’s not. >all validators are the same sub entities' which I believe isn't correct, you even stated after an 80% figure but it's an assumption not a fact. I agree it was bad, and completely took out of my ass. However, I don’t think I’m far from the truth. Listen, if there is no place to have a Solana public governance (like I shown you the recent Octobre post to propose to start governance). If this place wasn’t exiting, where do you think all small validators were casting their votes and participating into governance? No where, it didn’t existed. The absence of things to show is a proof by itself in this case. SOLANA Fondation is not displaying the current % they truly owned in the validators set. Why showing you’re centralized af ? As I said, the minimum requirement to run a SOL nodes is way higher that most other L1 in the top 20. We never ever heard any discussion and debate on Solona governance, not once, because this is not how it works. Solana fondation has devs, they push updates, fondation validates or not, and Validators vote accordingly. Not here to shill my shit, but for exemple, every chains build on the Cosmos SDK, come defacto with a gouvernance module that allow them to have in day 1 a place to cast votes, submit proposals.. etc so they create right away a forum and synch the two. It’s way better approach that waiting to be top4 and 80% of the token are already in the end of the same person to initiate it imo. As I said, it takes years to decentralized a very centralized validators set. For exemple this is exemple of on-chain proposals parameters that have been pushed or are currently push on ATOM to improve decentralization: incentives to stake on-chain and votes: -cosmos stackers take the part of the rewards of the person who don’t stake. - no airdrops for the one stacking on a CEX val and on the 20 first Val - quadratic voting and quadratic voting, to decrease voting power proportionally more you have ATOM, to make small delegators more impactful. - creation of DAOs and Sub DAOs. - creation of a community pool, so the users feel actually concerned about the vote and how the CP funds are spent. - money? On analysis and research to apply best practices. Time, as it takes many years to educate delegators to track validators bad/good behavior, redelegating - dozens and dozens of on-chain small change parameters to governance itself, like adjusting fees to vote, rewards to vote (ION DAO), how it cost to submit a proposal, to avoid spam proposals, period of voting, which quorum to choose? 30% 40%? 50%? Ideally you want a high quorum but it takes lots of effort to motivate to the community.

autocorrekt_

Hmm. Nope. The founder is Chatchaval Jiaravanon. His family background is huge in Thailand, his dad and his uncle is a billionaire in Thailand, owning CP group.

hackers_d0zen

The same way you can legally broadcast threats to kill people or CP or detailed directions to make a nuclear weapon or… The government absolutely cares what color your bits are, and will absolutely ban certain types of messages and math problems, does it all the time.

Scary_Milk

‚CP has an initial supply, just short of 470 million tokens. ICP has no maximum supply and has a diminishing annual inflation rate that starts at 10% and goes down to 5% over time.‘

SouthJazz1010

I'm not an expert but it's the facilitators of CP who used Binance for money laundry and so many other scumbag terror organisations.. It's not individuals paying for CP that used Binance in general!

manuru-neko

So like the saved file is held on chain and then every person who plays it first downloads it off the block chain and then runs it in their browser? What happens if people start filling the blockchain with illegal material? Couldn’t anyone (with enough money) just start filling the block chain with CP and revenge porn and then it would be a permanent part of the Bitcoin block chain forever?

apkatt

>the real crime is the abuser not the viewer of cp This right here is the exact problem with his tweet/view. It doesn't matter if you are creating it or consuming it, you are still sub-human trash and equally responsible for its existence. No one is "just a viewer of CP", you are a fucking pedo than helps enable/finance whatever sick shit the "creators of CP" are doing.

apkatt

It was a tweet where he referred to CP as a victimless crime. The tweet was referenced (with screenshot) in a 2017 Medium article posten a few days ago. I will try to dig it up, I think I made a comment in that thread.

randomFrenchDeadbeat

You missed the first two words, "we believe" . Law enforcement does not care about someone's beliefs, and when your "free speech privacy node" is used to upload CP, you will get raided. If you are a know activist and prepared it well, your case might be helped by the eff. If you are not, good luck with that.

Marth-Koopa

enjoy going to prison when someone uploads CP with your IP what an absolute disaster of a design

I_Hate_Reddit_69420

Not arguing against KYC for this, but mostly that a reputation system in itself already covers most of this. Keep in mind you can already look up someones identity based on their licence plate so a car someone is driving is already “KYC” (as long as they’re not running fake plates of course) About the example of tracking everyones internet data to protect against CP: This is a thing that they’re now actively trying to roll out in europe. The problem with this stuff is that if you’re rolling out mass surveillance system for something that seems like a good cause, that same mass surveillance is bound to be abused by a current or future government for something else. Scary stuff. That’s what i mean by that there actually is a thing as being too protective. Because those exact things can end up being a bad thing in the end.

I_Hate_Reddit_69420

Because you can avoid it with ratings, but you cannot avoid it entirely. There’s always rotten apples. Just like if you’d KYC all drivers, or any other type of measure you take. And the second half of your comment is just completely untrue. There’s always going to be people committing crimes or being dicks, you can put up all the types of controls you want but in the end that just ends up in a distopian hellscape. Or are you one of those people who’s in favor of all those types of laws that allow screening of all internet connections of anyone to somehow prevent CP.

mspk7305

he either doesnt have any BTC on the drive or hes also got CP on the drive. does anyone know if he hung out with epstein?

raresanevoice

which makes sense, especially if there's a decent path forward for the sub and the (not)R-CP

Icy_Amphibian_JASMY

CP now only means one thing.

MaximumStudent1839

I disagree. This CP has helped to distort this subreddit into an ETH maxi cesspool. Every time, a thread hypes about ETH, it gets maximum upvotes, because so many people have a huge bag here. While rationale critiques about its future L2 roadmap gets downvoted down to here with BS and buzzwords.

BradVet

Thanks for the update and good to know any new CP token snapshot would be considered from before the announcement cause everyone got screwed at that point

BradVet

Its a CP instead where reddit doesn’t have control, this is the way a new token should go

BradVet

Terrible decision from reddit. Time to start a CP instead then?

femaling

You realize there are other subs? That didn't have the CP? Nothing changed for 99.9% of users.

Still_It_From_Tag

They've literally used real CP to catch online predators The govt is the single most crime breaking entity in society We should expect more from our justice system when the good guys feel they need to break the same laws the people they intend to catch break as well

Smiling_Jack_

It's a decentralized smart contract platform. People are free to put whatever they want on it. That's the whole point. BTC has malware and CP that will forever be on the chain.

MichaelAischmann

No. Mainly because of the CP part. Community points are sub specific & their development lies mostly within its community. Admins are just here to tell us what we can not do but they won't do a thing for us.

roll_left_420

That’s some 4D chess from NSA, promote an alternative currency that among other things can allegedly “hide your money” all the while laughing at the fact you have the keys to the kingdom the whole time and now have a documented record of every drug, gun, and CP sale. I wonder if the German or American LEAs had a hand in monero…

nanooverbtc

[This interview is over a year old](https://youtu.be/GGN1g84CP18?si=yGZqkLbHC1l6_Ssh)

socalmikester

going to prison for trading CP on silk road just to get out and be able to buy your own island!

tianavitoli

yo dwag, we heard you liked moons so we replaced them with CP

fxralyn

 Actual retailer who's funding big company profit

conceiv3d-in-lib3rty

$106k drained so far and they aren't done yet. https://imgur.com/a/bm6CP2R

MTRY_

Source : https://www.facebook.com/permalink.php?story\_fbid=pfbid02sHZTV9tRah9DZrxiwuU2csDCh2YShoyb7wU9pyvNwx2eojhNN5h2azzLQXC4xijml&id=100071289737969&\_\_cft\_\_\[0\]=AZU9\_AiiEYpfcgI0YG0oFmIPgsLBJyZZrtkZLnIm7100GLv8t3-SzDkd59QWXBIhqIsqORrlHYIyMtuTRk2fQFh22hXLRg2hJj5a4\_SQ2mBmR-pYzj6AraxeKVJgkYvawUHKAuQnKiYFrNZYhI-dqql7&\_\_tn\_\_=%2CO%2CP-R

DonerTheBonerDonor

Now that reddit have announced that Community Points have monetary value and Kraken have listed bricks & moons, isn't it time to say goodbye to the Karma Multiplier? After all, us posters are basically like miners for Moons and Bricks. Imagine you're mining Bitcoin and your mining power went down to 10% just because you sold your Bitcoin... That would be pretty bad, right? I don't get why posters aren't allowed to trade their Community Points however they like. The only good thing about the KM is that it might prevent people from selling their CP right after distribution and thus tanking the price... But I don't think that warrants a reduction to 1/10th as that is just way too much. What do you guys think?

kevds1

There is a project led by Herbert Sim and CP-33 called X.com (Saltire), or xn—33h.com in Punycode. Herbert says it has ties with cypherpunks and he is currently traveling the world doing meetings everyday with CEOs of crypto firms and KOLs to spread the word. The telegram of the project is particularly interesting. A mysterious guy called ´Elom Nusk’ started to send riddles that got people to decipher enigmas and encrypted messages using cypherpunk techniques. Would recommend checking out the tg group.

theycallmekimpembe

I find the CP more worrying than the hacking part tbh. One is a monetary loss, the other can ruin the entire life, it’s not the simple fact they have been abused, the material is likely also going to spread across the darknet if it hasn’t already.. They should definitely make a kind of universal law world wide that punishes stuff like this with at least 20 years to life in prison. Sick individuals.

coatchecker

Anyone involved in CP deserves death. End of.

jonfoxsaid

I feel like your being sarcastic but knowing about some of the stuff going on on telegram I could see it being used alot depending on how privacy oriented it is. Not really the kind of use you want though. IDK if that's what it is or isn't but litterally the first thing that pops in to my mind is people using it for CP and drugs.

Echbart

They want to be like Arasaka from CP2077 😬

Ben_Dover1234


DonerTheBonerDonor

I did not so thanks for the info! I find it interesting how the thread at /r/MountainBiking was 4 years ago, I thought Community Points were implemented in 2021? Also funny how /r/MountainBiking was one of the subs to implement CP, it definitely stands out from the rest

aminok

Copy-pasting my commentary about your comment from EthTrader: In the era of automation, there's a lot of talk about instituting a Universal Basic Income (UBI) to let people reap the benefits of labor-free production. But I believe Ethereum-based tokenization offers a better way to let people earn without working. This is just one of many comments on CryptoCurrency that gives a window into how one day we might eventually earn a living just by sharing thoughts. It's pretty cool that someone can now make money from freely participating in discussions, all without a central authority coercing the population to collect tax revenue with which to pay out a UBI. And this has a profitable business model underlying it for sustainability. Shout-out to DONUT supporters for making the Reddit Community Points Prototype a success and proving this concept! And kudos to MOON and BRICK adopters for carrying the baton and being the first Reddit users to join Reddit's official CP program.

cats_dont_wear_pants

Today you also learned that Vitalik is a pedophile apologist and defended CP as a victimless crime. And if you think I'm exaggerating, I'm not. https://archive.is/44W0G https://imgur.com/a/SbrV5H9

cats_dont_wear_pants

Fun fact, he's also a pedo apologist and defended the consumption of CP as a victimless crime before ETH went to $1000 https://archive.is/44W0G https://imgur.com/a/SbrV5H9

cats_dont_wear_pants

The time that Vitalik defended CP as a victimless crime and everyone forgot about it after it went to one thousand dollars https://archive.is/44W0G https://imgur.com/a/SbrV5H9

cats_dont_wear_pants

The ETH maxi hates when you remind them that Vitalik tried to make a moral argument defending CP by comparing it to heroin possession https://archive.is/44W0G

Allistair--Tenpenny

The privacy hosting playform Lolek enabled horrible things from taking place. > It claimed to be a “100% privacy hosting” platform that didn’t log any activity that could be used to identify its users. “Everything except child porn” was allowed, Lolek advertised. And even then, I'd be willing to bet even CP could be found up there...

Positive-Gazelle2603

Don't do it, Almost all onion links are Illegal Drugs and/or CP

InsaneMcFries

Considering there were a bunch of subs that outright banned users for even have a *free* NFT avatar, it’s safe to say the sentiment is not great outside of our echo chamber. Even fortnite users barely understand bricks or what they are used for. I’d say with reddits movement towards a marketplace and their encouragement of community points (and possibly replacing the awards system with CP themselves!) that we will see an uprising in the near future

Loud-Mathematician76

didn''t someone actually end up inserting CP in the ordinals for the lulz and to forever pollute the chain ? I recon there was some news about it, or was that only a hypothetical scenario being described ?

owey420

CP - Coinpurse

Bitdream200K

Well this is a pretty good idea that I keep mentioning, Moon has so many possibilities as an official RCP but maybe just because they are official RCP it doesn't work. RCA x RCP is just a must have… The ConeHeads has his own (R)CP, it has become the practice to earn points to buy avatars. Is perhaps not an official RCP but it works similarly, is on Polygon and you can since a good time buy / sell avatars with it.

deckartcain

Monero and CP

HairyChest69

I feel like I'm becoming a BTC maxi now. Recently I read about Vitaliks support of a "laptop being an extension of someones mind." That being what seemed supportive of CP. I'm an ETH fan, but now I got this part of me walking away from wanting to support that. AITA? Or do I get downvoted into oblivion? I'm really just seeking others opinions here.

Ofulinac

I see 0 cons, if a community wants them they should get them. CP's are giving everyone a vote in the community and letting them earn some of the profits too.

inadyttap


IOnlyDrinkTang

We actually understand crypto pretty well, you guys are so fascinating to observe like most weird cult-like clubs are. And here is a criticism that should be taken seriously, why would large scale adoption happen with the slow speed of crypto transactions and high gas fees being so ludicrous compared to any other transaction. Also the CP thing is real, and has already happened I believe. Multiple times.

daydreaming1980

damn,,, how many times i have thought about that? call of duty. CP coins with a price that changes based on demand... that would be great .. most maybe all crypto games are terrible

Loose_Screw_

In before they discover totally-not-planted CP on his hard drive.

Blooberino

I'm all for a censorship free social media. But there needs to be a balance struck between "decentralized" and actually decentralized. Can't have calls to violence, CP, etc running rampant.

InsaneMcFries

People are concerned it will happen on BTC ordinals too. Either way whatever chain that ends up happening on, everyone who has a copy of the blockchain will technically hold CP which is messed up

thegooddocgonzo

> Ethscriptions enable non-financial and arbitrary data to be written into the main Ethereum blockchain. Users can inscribe any type of file provided it is under 96 kilobytes in size. According to its creator, however, it currently only allows for images—but that will change in the future. All I can think about is creeps using this sort of thing for CP 😬

fn3dav2

> Overstated? Dude thinks owning child porn doesn't hurt anyone, which that alone is a big glaring red flag, the kid who's life is wrecked and your obessesion with yanking it to that genre also gives them an audience to make that for, it's disgusting all around. Imagine you inherit some boxes of photos and hard drives and within them, there is some CP. You didn't know about it. Do you deserve to go to jail for having these?

funkinaround

> Also, Tether is 65% backed by commercial papers and we don't get to see the quality of them. It could be mostly junk or even commercial papers in Bitfinex and we will never know. Tether's commercial paper position is now zero. They rotated out of it last year. So whatever it was was good enough to be paid in full. Also they showed the credit ratings of the CP portfolio with nearly all of it rated A-2 and A-1 (investment grade). I don't think Bitfinex issues commercial paper.

deckartcain

Of all the things wrong with Reddit (unpaid mods, shilling for China, allowing CP for 7 years, memeing Trump into office and much more), your refusing to use the official app will be the reason to quit it? Color me confused.

Knotley-Hunt-Brick

The worst thing you van do is combining decentralization to social media. Its a matter of Time that CP will be uploaded. Mark my words.

changechange1

Yeah, it does seem to open it up to that. Also what happens if someone uploaded illegal content? That's a big risk. CP or state secrets wound see everything come down really fast imo.

No-Significance-1581

Bitcoin throughput literally stalled out with avg $50 tx, 3 weeks wait time for confirmation, and 500k mempool full of monkey jpegs and CP. Bitcoin is crypto.

D3AtHpAcIt0

Yeah but “you could get charged with distribution of CP” ain’t good for long term adoption

D3AtHpAcIt0

Legally, yeah. A link to a website wouldn’t be CP because the link text itself doesn’t have CP

Hellothere_1

Personally I don't think that Tor nodes are a super close analogy, since they don't host any of the data, they just relay it just like any other router on the internet. The closest analogy I can think of would be seeding a torrent that contains CP, and I really wouldn't want to be the person who gets caught doing that, even if I demonstrably didn't know there was CP in it. If you are running a mining node for a chain with CP ordinals on it, you are for all intents and purposes running a webserver that hosts unencrypted CP for everyone to see. Part of a blockchain or not, at the end of the day it's still your computer publicly hosting and distributing that data. While you might not instantly get charged for that, you can definitely expect an official takedown request the moment anyone notices, something that you will be unable to comply with except for either taking down the node, or the entire chain getting hard forked.

MuXu96

Stop the internet because it spreads CP

Mr_Bob_Ferguson

>The seed has been planted. This is not an appropriate comment in a CP-related post.

Hellothere_1

While intentions do matter, they don't matter exclusively. In the case of someone putting CP on the chain using some super secret personal protocol, you'd probably be safe from possession and distribution charges due to the fact that neither you nor anyone else can actually access the data. Meanwhile, if the data is encoded in a common protocol you might be safe from possession charges if you never decoded the data yourself, but you might still catch distribution charges because you're still publicly hosting CP on the internet that everyone else can take a look at with a common protocol. Unwitting distribution of CP is still distribution of CP.

Hellothere_1

That's not how that works ffs. Sure, you could absolutely create a decoding protocol that turns an arbitrary string of data on your computer into CP, but in that case the actual data containing the porn would be entered during the creation of the protocol, not from from your pc. There absolutely is a difference between problematic data encoded with a preexisting protocol saved on you hard drive, and data that can be decoded into problematic data with a not yet existing protocol specifically designed to turn that data into problematic data and to pretend there isn't is just purposefully playing dumb.

ShaunPryszlak

Every bitcoin node currently contains CP. I'm sure they could all be shut down for that alone if anyone wanted to.

D3AtHpAcIt0

The thing is tho, those are just links. Legally not CP bc it doesn’t contain the actual illegal data. An ordinal would, making possessing the blockchain a felony.

D3AtHpAcIt0

lets see if that works on the FBI. "my harddrive got CP on it, but I pinky promise I never looked at it"

D3AtHpAcIt0

but if using a camera to record CP makes it so that the video can be accessed by any other camera, if the user goes looking, with no way to remove it, would make owning one of these cameras problematic, wouldn't it?

DMCarter_

How would that be done though? You can't really filter what's already on-chain without creating a fork. Nodes wouldn't even know what's actually CP until they inspect the inscription, thus making filtering possible future CP inscriptions difficult.

DMCarter_

I honestly don't see a resolution if people are posting actual CP on a chain that is immutable. Decentralization is good, but someone always has to come along and ruin it.

D3AtHpAcIt0

legally, that is a very different situation. The links are not a felony to possess, the actual CP behind them is.

D3AtHpAcIt0

I know. but legally, links to cp aren't considered CP because the data isn't actually stored on the blockchain. With an ordinal, the actual illegal data is on the blockchain thus making possessing the blockchain a felony.

greenpoisonivyy

Regardless, I'm very sure there's NFTs on Ethereum that points directly to ipfs CP and also data that is inscribed on the Ethereum chain itself. Nothing has happened there so I don't see bitcoin being any different. What the solution is if governments do decide to do anything about it, I don't really know. It's not like it's easily accessible without a website, so it's probably easier to just take down the websites displaying the data from the blockchain than it is to stop people uploading it to bitcoin

greenpoisonivyy

In that case, the memory on your computer contains CP, it's just in a codec you've never heard of

TerraceTower

The front end website has to block it. There is an old website from years ago that hosted images published to Bitcoin. Some CP was posted to it. They just removed. Whenever more CP is posted, anyone can report to have it removed.

Cryptizard

The model here though is that each ordinal is like that person’s website. You only should look at it if you trust the wallet address. This is already extremely important advice without executable code because some ordinals are on the blockchain that have CP.

parsnipofdoom

NFTs are typically stored on IPFS with a link stored on the blockchain, it’s what makes them such a joke. Eventually they’ll be 404s. Something else to consider, if someone does post CP to the blockchain and you run a full node the authorities are with in their rights to arrest you for possession and distribution of child porn. Something to keep in mind.

Cryptizard

There is already CP on ordinals, I don’t think a little copyright violation is going to dramatically change the stakes lol

funkinaround

>The sheer amount of "commercial paper" they have held in the past as a proportion of their funding (which, let's be real, could easily be their own exchange and companies like Celsius and 3Arrows) is very scary. The line item of concern for Celsius, 3Arrows, et al is "Secured Loans". In fact, Tether [loaned Celsius $840M](https://www.axios.com/2022/07/08/tether-liquidated-celsius-loan-1-billion) (also reported as $900M or $1B) which was over-collateralized by Bitcoin. This loan's collateral was later liquidated when Celsius went down. Lots of people were concerned about commercial paper when they had it, but as long as the paper was A-1+ or A-1 grade, it seemed to me like a good thing for Tether holders to have as backing. It was never substantiated that the CP investment was Chinese junk bonds. It was later revealed that Tether banks with Cantor Fitzgerald, so it's clear to see who their CP broker would be. >There is no reason for them to hold any of this shit, the money should be in high interest savings accounts In the sense of, "Tether said 1 USDT = 1 USD in a bank", I agree with you completely. In the sense of, "Tether and the crypto space struggle to maintain banking relationships; banks can fail, so the USD deposits need to be spread out to diversify risk", I can totally understand why Tether has moved into T bills, reverse repos, money market funds, certificates of deposit, etc. Ideally, they would have introduced another product with this spelled out transparently. "1 new USDT = 1 USD cash or cash equivalent"

ClioBitcoinBank

Don;t get nasty when you get corrected or dont know what youre talking about, and Bitcoin Core =/= Bitcoin lol, touch nodes. Running Ord on a Bitcoin node isn't quite as easy as you make it out to be "uploading jpeg or upload json", but I can do all of those things you list and also utilize the power of Ordinal theory to tokenize and track those assets to any bitcoin address, even those without taproot. The features in Bitcoin Ordinals were even present in one of the oldest versions of Bitcoin, but Satoshi had called these functions "Bitcoin Atoms" and the feature was removed in subsequent versions. You dont want to address the fact that Satoshi did this first and it's explicitly approved behavior on the chain if for no other reason than because Satoshi did it first. Learn yourself. Again, so happy to work on science and history projects to preserve history's oldest and most valuable artifacts on the bitcoin blockchain, in case they are destroyed by time or by error or are otherwise changed or adulterated. As far as life goals, using data science to preserve images so that they can be passed forward thru time without the worry of censorship or editing is something I am proud of. You wont be surprised to hear that I was the only dev in support of 668 when it happened, not that I support the uploader or original image maker, but that image does indeed have historical significance, I dont enjoy "shock images" but the early history of the internet reveals that people did indeed send one another "shock images" as a prank. Maybe you're too young to know this, but everybody on the early net saw goatse and even sometimes tubgirl or "wall of pain". They dont deserve a seat of prominence in history, but they are a part of the internet's early history whether you like it or not. Ridicule will not dissuade archivists from storing and passing down history, even the gross and shocking parts of history. In fact, we are incentivized to store images like the one in Inscription 668 even more exactly because people like you freak out and try to change the historical record to "sanitize" it. Good luck being a bitcoin minimalist, not everybody wants to follow in Satoshi's footsteps. I feel blessed I can both make money and do important work contributing to the historical record by empowering the people to put the images that THEY want to see onto their money, instead of some picture of a real butthole, the government. Eventually, one of us is going to be proven very wrong, hope your CP-alarmist fork works out dude, but unfortunately I wont be using it.

Tasigur1

Largest sale of a CP ever was number 5822 for 23.7 mio USD last year. 134k feels like pocket money compared to that 😅 The world is crazy.

conceiv3d-in-lib3rty

While it would be a great usecase, why would one subreddit’s community points be able to buy from the reddit nft marketplace and not others? What might happen eventually, is there will be a site wide community points/crypto in some capacity and moons will be merged within it, so essentially you’ll be airdropped whatever the new CP is based on what your moon balance was.

BradVet

CP numbers below expectation at 4.0%, FED pivot coming soon