ICE

sfink06

<It's very similar to when Elon Musk promotes electric vehicles you applaud. Going Biden promotes EVs you say it's not possible. He's lying. I don't have the means for it. Yada yada yada This one is off base. Elon has his own issues, but Tesla attempts to build and market EVs and out compete other car makers. Politicians like Biden on the other hand want to want to mandate ICE cars out of existence by fiat. So when the consumer applauds Tesla for bringing a product to market they like, it makes sense to boo political clowns at the same time.

BitcoinBeatsTyranny

He quit safe cushy job at ICE(owner of NYSE) in order to make wildly Bullish conviction bet on bitcoin.

dogheads2

Well fuck , I’m genuinely confused here on what to do? The (ICE)inverse Cramer effect has a consistent pattern of accuracy and clearly the opposite of his last statements are not preferred. Do I hold and hope this is the one time he’s right or go with what’s consistently happened in the past and sell sell sell?

uselessadjective

I think what you described is something CBs are aware of. They know BTC is competing with their own product. **Or a better example could be I own an ICE car and I know EVs are maybe better but I dont want to change so I still use my gas guzzler but I still do my research on EVs by talking to friends, reading articles. Finally as asoption increases I sell my ICE car and get an EV and then start the narrative that since everyone was taking EV I also went with EV as my new car because chargers/support is better and world has changed in 6-7 yrs** This is exactly CBs will do. It will take time but it will happen.

xeneks

Risks: if the economy has no sophistication and no awareness of environmental problems and the economic value of environmental protection isn’t realised then the current exploitation model of natural resources simply shifts to a less manageable exchange platform. My thought: the easiest thing to do is for a tax agency accept direct payment in tokens or crypto, potentially funding their associated agencies, or at least confirming supporting intent, enabling them to utilise that intention or the funds themselves to improve public services and aid the community with transitioning housing and industry to a less polluting and less damaging state than where it is now. Heroes: those who pay tax and don’t seek to minimise it particularly but instead try to guide and direct how it’s spent, focusing on human survival and especially, flora and fauna survival given the fragile and endangered nature of the natural world, the non-human flora and fauna. Villains (probably inadvertently): those who earn and then spend the funds on resource exploitation (spending that is hidden behind current sticker pricing that doesn’t include hidden costs such as water pollution and soil degradation and air pollution or land conversion from healthy untouched ecosystem to human exclusive purposes that is then damaged by herbicides, pesticides, monocultures, damaged microbiological conditions) without any capacity to apply an equal or greater measure of resource conservation or rehabilitation. Personal challenge: if a single btc transaction has a carbon footprint equal to the manufacturing of a car or a few cars, (perhaps >500 KG of solid compressed carbon in pure form, vastly more in distributed gas) how can I offset or recover from that? Eg. I paid a $1.50 parking ticket using BTC accidentally, now I have a hidden 500KG carbon pollution problem, how do I overcome that, given my ability to use the parking ticket didn’t realise any equivalent offset at the time? Do I simply walk around the place planting trees or preventing ICE motors from starting or something? Personal challenge: how can the government pay me in my choice of crypto token directly for the small social support service available for jobseekers or the unemployed or for students, so I don’t have to convert payments to a crypto token incurring a loss, when the agencies involved (human services) have no organisational or intellectual capacity to at this time? Do I form a group of concerned individuals that indicate how limited the government capacity is to enable change, and how environment management failed for the decades and centuries prior when national currencies were all that were available? https://bills.parliament.uk/bills/3339/news

smurfguy

They are a subsidiary of ICE I believe. They are big boy finance startup basically.

BitcoinBeatsTyranny

I worked at ICE in 2019. Intercontinental Exchange(ICE)- the company that owns the NYSE. I was telling my new boss (MIT grad) about the halving approaching and how it was a good chance that the bitcoin price would take off similar to 2017 bull market. He had never heard of halving, after I explained it he said ,"but market probably already knows that right?" to his credit he quickly said, .."but I guess I didn't so maybe you have something". Most people have no idea.

seeyouwhenthesunsets

Nah I might get a Jaguar XF, my absolute dreamcar. Gotta hurry up tho, since they'll be outlawed aswell... freaking governments really think they'll save the planet by outlawing ICE cars and pumping markets of raw materials being mined under slavery conditions... but thats a whole different story.

iwishiremember

Will you get a Golf GTI? ICE cars may be outlawed in a decade here in EU.

seayourcashflyaway

Popsicle.finance (ICE)

carsonthecarsinogen

It’s a legacy auto company. If they continue to make their money from vehicle sales they will do nothing but shrink. Just like they’ve all done since 2017 when ICE sales peaked. Unless they move towards another large revenue stream like batterys, energy storage, robo taxi services, etc they won’t grow in a meaningful way. Every EV sale is one less ICE sale and unless they are stealing market share (non really are) they’ll be stealing their own customers so no growth. Merc is a better pic because they have the opportunity to move into mass market sales. It would hurt the brand image and they probably never would but if they made a 25k dollar vehicle they could see growth. *The odds of them shrinking is much higher than the odds of them growing.* **BTC is the opposite**

InevitableBudget510

BlackRock and other fund companies aren’t the only stalwarts of finance muscling into cryptocurrency. Traditional exchanges see opportunities in digital assets and are taking steps to push in. The London Stock Exchange Group (LSEG.U.K.) is “exploring plans” to build an end-to-end digital market for raising and transferring capital more efficiently, according to a spokesperson. The exchange’s head of capital markets, in an interview with the Financial Times this week, said the group had been examining the potential for a blockchain-powered trading venue for about a year and reached an “inflection point” to go ahead. The LSE isn’t alone. Intercontinental Exchange (ICE), operator of the New York Stock Exchange, in 2021 spun off its Bakkt (BKKT) subsidiary, a platform to manage digital assets in which ICE remains the largest shareholder. Bakkt has touched on tokenization—partnering with Mastercard (MA) to offer tokenized rewards and loyalty points—but has a primary focus on crypto custody solutions. In April, the group acquired Apex, a crypto exchange. “Jeff has always taken the stance that there’s opportunity in crypto but they didn’t want to put the ICE name on anything crypto specific yet,” says Patrick Moley, an analyst at Piper Sandler, referring to ICE’s CEO Jeffrey Sprecher. “It’s something I think he pays very close attention to.” A hesitation to directly connect ICE with crypto underscores the difficulty for the industry. Crypto faces steep regulatory hurdles in the U.S., and even if companies see revenue in blockchain technology and tokenization, they may be wary of crypto’s dodgy reputation. These exchanges are waiting for more regulatory clarity,” says Moley. Still, exchanges are angling in. Nasdaq (NDAQ), for instance, aims to list a Bitcoin exchange-traded fund sponsored by BlackRock, assuming regulators sign off. Nasdaq has also flirted with plans to custody crypto and is expanding into digital assets through trading technology and infrastructure, providing the matching engine to crypto exchange Bitstamp, for instance. Within Nasdaq, crypto is viewed as a growth area, according to a person familiar with the matter. While ETFs get a lot of attention, a bigger opportunity may be in providing trading technology and services to more than 130 companies and entities that already do business with Nasdaq globally, the person said. While the U.S. may not be crypto friendly, other countries are opening doors. In late June, for instance, Nasdaq clinched a deal with Chile’s Central Securities Depository to support the registration, transfer, and settlement of digital assets. The prospect of hosting a spot Bitcoin ETF remains a major opportunity. Cboe Global Markets (CBOE), a Chicago trading giant, has the most pending applications—six—to host such a fund. Should the Securities and Exchange Commission green light these ETFs, exchanges will reap listing fees alongside revenues from selling market data. And the funds could help lay the groundwork for future derivatives products, says Moley. Data is a key part of Cboe’s digital asset strategy, a spokesperson said, but so is crypto trading. The group in 2022 acquired a crypto spot market, a regulated futures exchange and clearinghouse—rebranding it all as Cboe Digital. That entity was cleared by U.S. regulators in June to offer crypto derivatives to traders with leverage, or borrowed money. One other beneficiary could be CME Group (CME). The company now offers regulated Bitcoin and Ether CME probably has the most to benefit in the immediate term from any sort of Bitcoin ETF approval,” says Moley. “It would create a need for more hedging tools like futures contracts that hedge positions for whoever owns the underlying spot Bitcoin ETF.” The golden goose is the wider tokenization of assets—putting everything from real estate records to stocks, bonds and other assets onto blockchains. BlackRock CEO Larry Fink has said the tokenization of securities could revolutionize finance. While some early examples exist—such as a bond fund with shares that can be traded on the blockchain—it is a long way from taking off. “Exchanges are technologically capable of creating the infrastructure to support the tokenization of assets and facilitate trading,” says Moley. “But until we get regulatory clarity around digital assets in general, I don’t think there will be a meaningful push to tokenize assets.”

lordsamadhi

>Last I knew they were very expensive and needed to be replaced after a few years You "knew" this? I think this was mostly anti-EV propaganda.... oil company nonsense. Tesla has been touting their "million mile battery" for a while now. I don't know if it is actually in production yet. But even the current batteries should last at least as long as an ICE engine. Last I looked at the price, a battery replacement for my Tesla was around $16,000. But that was back in 2018, I bet it's closer to 10k now. I have over 100k miles on my 5 year old Tesla, and there have been zero battery issues so far. Obviously, some people get lemons. Some guy on reddit recently said he had a battery issue around 100k miles. But the average Tesla battery should last a few hundred thousand miles. I don't mind paying 10k every 10 years for a new battery. Lots and lots and lots of misinformation out there trying to take down Tesla and EV's. Be skeptical. They're amazing cars.

lordsamadhi

So you haven't looked recently, then. My brother is car shopping right now, and he's comparing the Tesla Model Y to comparable ICE cars. The Tesla is roughly $10k more than most gas equivalents. BUT, over time, it's FAR cheaper to operate. No oil, no belts, regenerative breaks. Charging at home is about 1/4 the cost of gasoline using national averages. So, $10k more up front for a FAR superior vehicle with cheaper operating costs over time. BTW, the Model Y is gonna cost him $43k brand new. Not 65k.

Wise-Application-144

Kinda off topic, but I saw someone argue that EVs won't ever reach mass adoption because the drop in demand for ICE cars and gas will lower the price of them, which will draw customers back in. I could have pointed out that it didn't work that way with horses, they were replaced by cars in a rapid S-Curve adoption pattern, despite a glut in the amount of horses, stables and hay hitting the market as people switched to cars. From zeppelins to sailboats to VHS casettes, all experienced a glut in supply as people moved on to better tech, and lowering prices didn't save the industry. I've learned that with certain identity-politics topics (EVs, Bitcoin, energy) you're not up against a logical argument about the topic itself, you're just banging your head against someone's rigid politics.

rootpl

$ICE

IamAFlaw

I have that avatar! You have awesome taste in avatars although I disagree with your statement. Mining is like ICE engines. They are old crap on the way out.

madridgalactico

BARS as the name would have been awesome. So would ICE. Some good suggestions

iBilbo69

The only real fun thing to do was play ICE poker.

LeThaLxdARk

Also you should look into ICE POKER, powered by DECENTRAL, I'm assuming it's exactly what you'd be expecting from ZilliqaPoker xD

Gypee101

It cost zero $0 to start mining ⛏️⛏️ ICE. To start early is to earn big !! Click on the link below 👇 to start mining ice ice.io/Godwingypee Joy is coming ❤️❤️

j4c0p

if I remember that correctly, there was supposed to be CZ or Binance AMA couple months ago, but after allegations it went on ICE. So my guess they know something like reddit coins exist.

PassiveRoadRage

Coinbase has long been like this too I think. A couple years ago they sold some software that tracks transactions to ICE. They are making government friends.

WineMakerBg

They pre sold all ICE ones. You are stick with EV or a Hybrid...

Brainhol

EPA, FDA, FDIC, IRS, NASA, SEC, ATF, CIA, DEA, DHS, DOJ, FBI, ICE, FEMA, NSA, TSA. This is why Sesame Street teaches the alphabet.

-MrLizard-

Even if they produced the same CO2 overall as ICE cars (they don't), electric cars would still be an improvement to the quality of the air we breathe. ICE cars spew their fumes right in the faces of people where they live, especially in urban areas with denser populations and more traffic. Producing that energy elsewhere in a power station away from residential areas, even if it came from burning oil/gas, would be an improvement. The ideal situation being that eventually that energy can be produced cleanly.

voice-of-reason_

I’m studying climate science at uni so I’ll give you a freebie that I learnt this year: The most CO2 efficient (to produce) electric car needs to do 90,000 miles for it to be “carbon neutral”. If someone brings this up again tell them that and ask them how many miles they’ve done in their ICE vehicle, I would wager most people haven’t done that many and most people definitely wouldn’t buy a used car with over 90k miles on the clock.

voice-of-reason_

To be pedantic, you need to drive 90,000 miles in the most CO2 efficient (to produce) electric vehicle. To use crypto terms, ICE pollution is decentralised (global); electric car pollution is centralised (power stations).

fratticus_maximus

Well, electricity is fungible. 1 kwh is the same regardless of how it's used. All things equal, if you're using X amount from clean energies to mine bitcoin, then that's X amount that cannot be used to power other things that society uses. Other things will need more electricity, sometimes from coal, natural gas, etc, to generate the needed electricity. It's not as simple as "as long as we use it for this certain thing" it's okay. Also, ICE cars used gasoline which most certainly contribute more Co2 to the atmosphere even with accounting for EVs initial battery minerals sourcing. Changing from ICE to EVs most certainly is reducing CO2 output. If people are going to drive, might as well reduce CO2 output. People don't necessarily *need* Bitcoin. Most of us are here to get rich regardless of what we say. I like bitcoin but let's not echo chamber to the point of "bitcoin isn't bad for the environment. hur dur."

Dwerg1

Probably not, but few cars make it to 30 years. A number of EVs probably will make it to 30 years or more with good care and swapping the battery at least once, but this is irrelevant to the majority of consumers anyways. I did address the 9 years thing. I don't see a problem with it, the average car will last more than 9 years, which means overall the CO2 impact of EVs is less. As I also said, in my area the electricity is almost entirely renewable, 98%. The 9 year estimate by Volvo and others calculating this are assuming a more average energy mix, so in my area an EV will start being green long before 9 years. Btw, an ICE vehicle will never be green, last time I checked 9 years is less than forever...

Dwerg1

The people changing their cars every few years typically don't scrap their cars, they sell their cars. So there will be more use out of the car than what the first owner may put on it. Battery management systems in EVs are more advanced than what's typical in smaller consumer electronics, it needs to be because the batteries are expected to be able to hold a decent charge for many more years. It will lose capacity over the years, but it's not as extreme as ICE propagandists think. After 9 years it should hold plenty of charge for any practical purposes and more than enough for someone to want to continue driving the car. Besides, 98% of the power production in my area is hydroelectric. I am aware that is not the case in MANY other areas, but at least in my area driving an ICE vehicle is the real scam in all aspects.

Beyonderr

You are doing it wrong: r/cryptocurrency is all about outrage and over reactions. OMG CRYPTO ICE AGE IS HERE!!!11

thinkingperson

Out of the DAM Subcommittee Member appointments, there are three from crypto space: 1. Crypto.com 2. Polygon Labs 3. Uniswap Labs Any other I missed? **Digital Asset Markets Subcommittee (DAMS) Member appointments:** |DAMS Member|Firm|Title| |:-|:-|:-| |Tuongvy Le|Bain Capital Crypto|Partner and Head of Regulatory & Policy| |Matt DeCicco|BlackRock|Director, Global Head of Commodities| |Caroline Butler|BNY Mellon|Global Head of Digital Assets| |Catherine Clay|Cboe Global Markets|Executive Vice President, Global Digital and Data Solutions| |Perianne Boring|Chamber of Digital Commerce|CEO| |Giovanni Vicosio|CME Group|Global Head of Cryptocurrency| |Christopher R. Perkins|CoinFund|President| |**Steve Humenik**|**Crypto.com**|**Senior Vice President, Global Head of Derivatives and Head of Legal for the Middle East & Africa**| |Sheila Warren|Crypto Council for Innovation|CEO| |Yuval Rooz|Digital Asset|Co-Founder and CEO| |Chris Zuehlke|DRW|Partner and Global Head, Cumberland| |Jennifer Peve|DTCC|Managing Director, Global Head of Strategy & Innovation| |Matt Haraburda|FIA Principal Traders Group|President, XR Trading| |Tom Jessop|Fidelity Digital Assets|President| |Sandy Kaul|Franklin Templeton|Senior Vice President, Head of Digital and Industry Advisory Services| |Jason Urban|Galaxy Digital|Global Head of Trading| |Allison Parent|GFMA|Executive Director| |Sandra Ro|Global Blockchain Business Council|CEO| |Lee Brenner|Goldman Sachs|Head of Public Policy, Digital Assets| |John O'Neill|HSBC|Global Head of Digital Assets Strategy| |Jennifer Ilkiw|ICE|President, ICE Futures U.S.| |Scott Lucas|JPMorgan Chase & Co.|Managing Director, Head of Markets DLT| |Nicole Valentine|Milken Institute|Director of the Milken Institute’s Fintech Program| |Fabian Astic|Moody’s Corporation|Managing Director, Global Head of Decentralized Finance & Digital Assets| |Tony Sio|Nasdaq|Vice President, Head of Regulatory Strategy and Innovation| |Lauren Brinati|NFA|Chief Strategy and Risk Officer| |**Rebecca Rettig**|**Polygon Labs**|**Head of Policy**| |Nadine Chakar|Securrency, Inc.|CEO| |Thomas Sullivan|Societe Generale|Managing Director, Head of Market Access & Product Development for Digital Assets| |Kathy Kraninger|Solidus Labs|Vice President, Regulatory Affairs| |René Michau|Standard Chartered|Global Head, Digital Assets| |Adam Minehardt|Stellar Development Foundation|Head of U.S. Government Relations| |Anton Katz|Talos|CEO| |Chris Bruner|Tradeweb|Chief Product Officer| |**Marvin Ammori**|**Uniswap Labs**|**Chief Legal Officer**|

WineMakerBg

It took the electric powered vehicle some 100 years to start replacing ICE, I hope Crypto is way faster ...

Jac3238

What’s cooler than being cool? AN ICE COLD FUND

freedumz

Crypto.com ICE card

SubstantialFill5218

Your points are well taken. But I have to return to the comments about education. You are selling the younger generations short. And you focused on the social indoctrination aspect of schooling, rather than the fact the kids these days are required to retain a LOT more information than Boomers did in order to get jobs in the same industries. I was never referring to “indoctrination & regurgitation”…I was referring to the fact that the youth of today are entering a job market that literally requires a hell of a lot more education than previous generations needed in order to succeed. New tech, the internet/intranet, AI, computers…..the world is much more complex than it once was. The bar for being labeled a genius in the 1950s was much lower than it is today….being well-read and playing chess doesn’t cut it anymore. Even In my present field of healthcare, I am having to learn a hell of a lot more than was required of me two decades ago in order to stay competitive and compliant with new regulations. As a Biomed technician I am required to receive more education now than an RN did just ten years ago. And present day RNs are more educated than PAs were just a decade ago. Our current economy simply requires MORE on every level than was ever expected in the past. THAT is what I was referring to in my previous comment. When I say the new generations are more highly educated, it’s because that is a fact. In the 1950s (and eve as recently as the early 1990s) a man could was considered educated if he could read, write, and perform simple arithmetic. That’s all most people (engineers not included) needed to perform the tasks required by an employer. Back then, a nurse was basically a glorified CNA. But the knowledge required in almost every field today is simply tremendous when compared to what was being taught in schools when I was young. Today, even an auto mechanic has to receive an overwhelming amount of schooling just to change a quarter panel or repair a transmission due to the increasing engineering complexity of modern vehicles. An old school internal combustion engine is pretty simple to work on at home even. But new cars are packed with a lot of wiring, computers, and complicated electronic components that require an insane amount of education to repair. I’m not even touching on electric vehicles. My father has worked as an auto body man for decades and he is finally ready to retire because the newer cars are overwhelming him. He’s an old dog who is getting too old to learn new tricks. In the past ten or so years he had had to pay for all kinds of training and education just to kept up with the younger guys that he works with. Any dumbass with a monkey wrench could fix an old school ICE engine back in the day. But the kids now require much MUCH more education just to fix your car.

Umarzy

If Bitcoin loses its dominance, then low-cap altcoins could run. ICE is the only one I'm convinced has the potential from the list. I'm still very much optimistic LODE & CTSI will have an epic run in the coming months.

slibetah

They paid for the tech and team. The price was peanuts for ICE.

dypraxnp

You burned a million bc you sought attention. I didn't burn any money to tell you that your Tracer program selling immigration data to the ICE revokes you the right to call them "they"

StewieGriffin26

Yeah but these 20 companies: Saudi Aramco, Chevron, Gazprom, ExxonMobil, National Iranian Oil Co, BP, Royal Dutch Shell, Coal India, Pemex, Petróleos de Venezuela, PetroChina, Peabody Energy, ConocoPhillips, Abu Dhabi National Oil Co, Kuwait Petroleum Corp, Iraq National Oil Co, Total SA, Sonatrach, BHP Billiton, Petrobras don't just operate because it's a fun hobby, they operate because someone is willing to buy their product or resource and the margins are good enough for a profit. They're doing it for money. Specifically consumers money. If you took away the demand of billions of people driving ICE vehicles everyday they would be out of business.

Aim_Sux

ICE™ Inverse Cramer ETF

Iangunn15

There are sooo many things that are bad for the environment. But ya lets blame something that has been around for less than 15 years. Not the ICE, jetfuel, strip mining, pit mining, leech mining, pollution and dumping. But No no they would have you believe BtC is the thing driving climate change

Filistation90

ICE AGE fans will understand

Prelsidio

On top of that EVs are much more efficient with energy than ICE.

voice-of-reason_

This isn’t true I’m studying climate science and EVs are without a doubt the biggest greenwashing attempt to date. ICE cars have decentralised pollution EVs have centralised pollution (usually in poor/“3rd world” countries). That is essentially the only difference. To think switching to an EV will do anything significant for the environment is a joke, it’s just out of sight out of mind thinking.

Miserable_Drink_8920

Lol welcome to ICE vehicles. Your insurance will go down at 25

disembodied_voice

>Do you know what is most green out of everything? >Get rid of all technology. That's not under discussion, though. You claimed that EVs are less green than ICE cars, and the available evidence shows that belief to be false.

disembodied_voice

The weighted impact of the use of a car far outweighs the production of the car, though, and electric cars [are substantially greener than gas cars in operations](https://www.ucsusa.org/sites/default/files/2022-09/driving-cleaner-report.pdf), which leads them to be greener than ICE cars overall.

QuickLockCrypto

It goes way beyond the "use" of the electric car. The environmental impact of the production of an electric car is, in relation to the ICE counterpart over the length of the life of each car, is far less green than that of the the ICE counterpart.

Aim_Sux

ICE back on the menu babay!

Aim_Sux

ICE ICE baby >!*I*nverse *C*ramer *E*TF! <

koelebobes

ICE giving us sick profits

coinfeeds-bot

tldr; Bakkt has completed its acquisition of integrated trading platform Apex Crypto. The company said it will pay up to $155 million in cash and stock to complete the purchase. Apex Crypto serves more than 30 clients and has traded $12.5 billion worth of cryptocurrency since it went live in 2019. Bakkt is operated by ICE, which also owns the NYSE. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

OisinT

Two key lines FTA: "Apex Crypto serves more than 30 clients and has traded $12.5 billion worth of cryptocurrency since it went live in 2019" and "Bakkt is notable as it is operated by the Intercontinental Exchange (ICE), which also owns the NYSE". This is high net worth trading is my takeaway from what I'm reading.

Formal_Regret_1628

I am well in the red like most of you. Here is my journey. ETH==>ICE==>ETH==>SAND==>LRC==>ADA==>SHEN I'm gonna keep holding the Djed reserve coin for a while. It is highly correlated with ADA

syncphail

re elon how can you hate someone who has made EVs not only competitive and a compelling financially sound alternative for ICE reduced the cost of getting mass to orbit and pushing humanity forward in space exploration revolutionised internet connectivity, both in terms of global latency and remote access just achieve one of these things is a great accomplishment for any individual but of course, if you're the type that just falls in line with whatever the talking heads are saying then yeah, you probably hate elon, but that's only a recent phenomenon, like i said, many people are brainwashed and they seem to gravitate to reddit too lol

DrKhuntoshi

Citizen in Kangerlussuaq, Greenland here. The ICE CAP is fine. Not bitcoins fault. Our normal summer is like +30 c and winter approx. -46 c. That guy from Greenpeace he’s all 🧢

tambaybtc

TL;DR: This move will allow institutional investors to securely store and manage their digital assets through ICE's existing platform. ICE's foray into the crypto custody space reflects the increasing demand for regulated and secure crypto services among traditional financial players.

draccon136

People are already having a hard time coming together to mass protest getting murdered or injured by police, landlords, employers, ICE, bankers, fossil fuel companies, and the ruling elites generally, despite having everything on the line. So maybe there's more space for outcry about the SEC and crypto regulation after we get our shit together, or it falls apart.

urban_squid

Bitcoin being made illegal in the USA is extremely unlikely due to the following reasons: 1) The Trendon Shavers case gave legal precedent that Bitcoin is not an illegal security according to the Howey test 2) The IRS has already formalized how it treats Bitcoin (as an asset) 3) Many wealthy and highly connected individuals have personally invested in Bitcoin and they wont be too happy if their peers in politics make Bitcoin illegal 4) Traditional Fintech in the USA like ICE/BAKKT(owner of NYSE) , Fidelity, TD ameritrade, CME, and more are already directly involved in Bitcoin mining, investing and trading. 5) Exchanges like coinbase, square, gemini , and more already are very large companies heavily involved in Bitcoin 6) Many local states have both case law and legislation on Bitcoin making it more difficult to make illegal 7) There is plenty of existing case law in US courts that have shown encryption and code to fall under the 1st amendment protections 8) Making it illegal would not stop bitcoin but just reflect they are a totalitarian government and an inept one at that because stopping Bitcoin is far more difficult than winning the war on drugs “I think we were past that point [of banning Bitcoin in the US] very early on because you’d have to shut down the internet,” Peirce said. “I don’t see how you could ban it. You could certainly make the effort. It would be very hard to stop people from doing it [trading Bitcoin],” she said. "So I think it would be a foolish thing for the government to try to do that." -- Hester Peirce, one of the commissioner of the US Securities and Exchange Commission (SEC) There are many attacks possible but the game theory of Bitcoin using PoW makes such attacks costly and the alternative of securing Bitcoin profitable. So a state could attempt to disrupt bitcoin and than since bitcoin uses PoW which gives us an objective understanding of part of the security we can quickly identify the attack and have multiple avenues of recourse A state attacking bitcoin directly at this stage would actually have serious blowback and social/political consequences

classAunotherest

Wow YOUR COLD AS ICE

tomfoolery77

ICE! I rode it all the way up to $50 only to see it fall well below $1. Lost about $75K in unrealized gains

Odysseus_Lannister

What killed the dinosaurs? **THE ICE AGE!!**

Fullback22x

Agreed on the bridge part. IBC and ICE on cosmos is very similar to DOTs ecosystem. Focusing on the bridges is what cosmos has done and that’s a huge part of the SDK. BVM is very likely NOT to happen (Atleast not on main BTC blockchain) but ETH fan boys are just not looking at the right thing. If BTC adopted a BVM that kills ETH the day it rolls out. All those caveats about a pre-mine and things that people complain about will actually matter in that case as it would make BTC the less captured chain. Right now the only thing keeping BTC from destroying ETHs entire premise is the fact they don’t enable smart contracts and it’s not turing complete. The second ETH comes close to flipping BTC that mind set will change. Devs, holders, and miners will want to start to innovate again and what better to do is take what has worked for another monolithic chain and implement the “safe” and tried features. Basically looking at ETH as a test net for future BTC features. Things like PoS probably wouldn’t be ported over, but implementing a layer 2 (or even layer 1) BVM is definitely doable (ICP already is working on a VM that works and verified through state channels). That’s the thing about crypto. BTC has and always will have the highest perceived value. BTC can quite literally replicate any other chain if it wanted to, or simply just siphon off any tested and working parts to its own chain. Atom and DOT are much different scenarios as they aren’t monolithic like BTC and ETH are. They have a place. ETHs best case scenario is that everything is multichain much like it is today. With BTC being a store of value and working as it has for the past decade with zero innovation, and ETH being the main VM that everything is deployed on. However, most companies wanting to deploy to a blockchain are not going to want to give up control to ETH holders. They will make their own app chains where they can give control to people that invest in them and be able to pull resources from other chains.

Every_Hunt_160

When you realise crypto winter is almost over But the next season is the ICE AGE !

InternationalSilver1

i honestly think people will love having such as service due to controversies surrounding github copilot github is being actively boycotted and sued by the software freedom conservancy for infringing on the GPL via github copilot and helping assist unjust government agencies such as ICE &#x200B; [https://sfconservancy.org/GiveUpGitHub/](https://sfconservancy.org/GiveUpGitHub/) [https://sfconservancy.org/news/2022/nov/04/class-action-lawsuit-filing-copilot/](https://sfconservancy.org/news/2022/nov/04/class-action-lawsuit-filing-copilot/) &#x200B; [https://www.theatlantic.com/technology/archive/2020/01/ice-contract-github-sparks-developer-protests/604339/](https://www.theatlantic.com/technology/archive/2020/01/ice-contract-github-sparks-developer-protests/604339/)

23SNAFU23

ICX ICON has BTP and XCall coming. Blockchain Transmission Protocol (BTP) is ICON’s cross-chain interoperability solution. ICON’s BTP facilitates the transfer of information between connected blockchains. In practice, BTP will allow users to move tokens, NFTs, messages, and more across BTP-enabled chains. xCall is a key feature of BTP and ICON’s unique standard for generic cross-chain messaging between heterogeneous blockchains. A growing number of blockchains are implementing BTP smart contracts. Here’s a list of future connected partners: ICE Blockchain Moonriver Blockchain Moonbeam Blockchain Algorand Blockchain BNB Smart Chain Harmony Protocol NEAR Protocol

Big_Rally

i used to play ICE poker in decentraland. it’s play to earn so you can’t lose any money. you need an nft to play but can get delegated one. if you’re in to no limit hold ‘em i recommend it.

gvictor808

They are invested and think they will lose something if something else takes mindshare. It’s like the ICE folks freaking out about EVs. They aren’t totally wrong, but idiots like to overreact and hate to learn new stuff.

EchoCollection

Where can I buy ICE lol?

rsicher1

Alright now fellas What's cooler than being cool? ICE COLD CRYPTO

Da_Notorious_HAM

I scream, you scream, we all scream, FOR ICE CREAM!!!!

exotixzonLy

He don’t care about TSLA losing money, TSLA has never made money off its cars and probally never will they make a their money selling the carbon credits they don’t use to other companies like for to create their ICE , also all the gov subsidies, it’s all smoke and mirrors over there

Every_Hunt_160

Maybe all OP was tryna say was 'As we are leaving the crypto winter.. to the ICE AGE' !

Maleficent_Plankton

**This is extremely specific to Ice Poker (Stronghold)**. There are dozens of other casinos in DCL, and all of them are completely empty. In fact, there are several other Ice Poker casinos in DCL, and they are empty too. Only the Stronghold location has players. **I think it's due to the Ice Poker tokenomics, and how players are trapped into playing the game**: * Ice Poker is F2P as long as you own an ICE Poker NFT wearable. * Every day, ICE NFT holders get more Ice chips that allow them to play games. Winning games give them ICE tokens they can sell on DeFi exchanges. * Participants have to spend initial money buying a ICE NFT wearable. A year ago, they were $4000. Now they're $100-200. Not all wearables are the same. The more expensive ones provide a larger bonus to how much ICE you can earn. * Players have to spend a ton of time playing to win ICE tokens * The price of the ICE token keeps falling, down 95% in a year. The price of the NFTs has also completely crashed. The initial NFT investment is so high, and daily earnings from winning are so low. I suspect many players are visiting daily just to win ICE tokens and try to make back their initial investment.

Maleficent_Plankton

I looked a little into Ice Poker tokenomics, and I get this sinking feeling that it's structured like an MLM. * Participants have to spend initial money buying a ICE NFT wearable (a year ago, they were $4000). * They have to spend a ton of time playing to get ICE * The [price of the ICE token](Yes. I definitely hate crowds and waiting in lines at typical tourist attractions) keeps falling * The price of wearables is now $100-200 on the secondary market. I wonder how many players actually even broke even playing the game. Or are they just trapped trying to make back their initial investment. Feels like an MLM in that sense.

zoomercoomer9000

Very nice Mr. Plankton. Appreciate the effort in providing all these screenshots, and the review. Reading up on Ice Poker, players are rewarded with $ICE tokens for completing tasks. This token can then be exchanged for money, currently at around half a cent per $ICE. In your article, you mention half of all visitors to Decentraland come for Ice Poker. So at the moment it might be a fair assessment that DCL is functioning primarily as a virtual casino, at least in terms of visitor activity.

Maleficent_Plankton

There's almost entirely just blackjack, roulette, and slots. I think a lot of the casinos are just reusing the same table models because they all look the same. You can bet with free tokens or with the casino's paid tokens. At least one of the Casinos, Diamonds, offered Texas Hold'em, but you needed a paid NFT to enter the building. ICE Poker has poker tables, but without anyone to play with, you can't start a game.

Yokkster

ICE poker is pretty cool.

AlligatorDerby

To be honest... She probably also wants to take your \[ICE\] cars away...

jimapp

I've been a quiet little mouse - no Moons since September! Anyway, let's look forward to a better 2023! LAMBOS ON ICE!!!

CryptoScamee42069

More like ICE took him in. Never once seen or heard of the jolly fat man doing his visa papers.