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Showing posts with the label politics

Munger and Kissinger deaths bring profits to shitcoin traders

When Berkshire Hathaway vice chair Charlie Munger died on Tuesday aged 99, the world lost one of its most vocal crypto critics. Famed for his particularly uncompromising anti-Bitcoin (or “rat poison” as he dubbed it) stance, Munger previously claimed “I’m not proud of my country for allowing this Crypto shit,” and decried it as “beneath contempt” and “contrary to the interests of civilization.” However, despite his fierce criticism, it appears that he’s already having a more tangible effect on the crypto space in the short time since his death than he ever did while he was alive. Indeed, just minutes after Berkshire Hathaway announced the death of Warren Buffet’s right-hand man, the MUNGER meme coin pumped over 30,000%. Of course, the token has been as volatile as you’d expect and after its initial jump, dropped 34% in an hour on Wednesday. It’s currently sitting at just $0.00000002921 and boasts a 24-hour trading volume of just $115,000. We can assume that thi...

How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila

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Despite its libertarian reputation, author and podcaster Joshua Dávila, aka The Blockchain Socialist, believes crypto is for everyone — including the Left. Crypto has been the subject of much criticism from those on the political Left, many of whom see cryptocurrencies like Bitcoin (BTC) as being associated with libertarian or right-wing ideas. One common perception is that cryptocurrencies and other block chain -based technologies, such as nonfungible tokens (NFTs), exist for the primary purpose of concentrating wealth, scamming investors and otherwise replicating existing financial and power structures — just in a more unregulated manner. On Episode 16 of The Agenda podcast , hosts Ray Salmond and Jonathan DeYoung chat with author and podcast er Joshua Dávila, host of The Block chain Socialist podcast and author of the new book Block chain Radicals: How Capitalism Ruined Crypto and How to Fix It. Dávila is critical of the capitalistic tendencies of much of the crypto space and ...