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  4. “WAGMI” — we're all gonna make it — was crypto's 2021 rallying cry.

“WAGMI” — we're all gonna make it — was crypto's 2021 rallying cry.

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“WAGMI” — we're all gonna make it — was crypto's 2021 rallying cry.

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    The ecosystem of marketplaces for Chinese-speaking crypto scammers hosted on the messaging service Telegram have now grown to be bigger than ever before, according to a new analysis from the crypto tracing firm Elliptic. Despite a brief drop after Telegram banned two of the biggest such markets in early 2025, the two current top markets, known as Tudou Guarantee and Xinbi Guarantee, are together enabling close to $2 billion a month in money-laundering transactions, sales of scam tools like stolen data, fake investment websites, and AI deepfake tools, as well as other black market services as varied as ...
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    If you wanted another reason to dislike crypto currencies and AI, here you go.

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    jon@social.vivaldi.netundefined
    If you wanted another reason to dislike crypto currencies and AI, here you go. Not only do we have to deal with more scams, more slop, less privacy and a warmer planet, but we also have to pay for it through our electrical bills.Of course this is obvious. More demand for power means higher prices and crypto and AI uses a lot of power. https://www.forbes.com/sites/current-climate/2025/11/17/data-centers-crypto-mining-to-push-electricity-costs-higher-in-2026/#Crypto #AI #Technology #Electricity #Politics
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    Ah, Bluesky, my sweet summer child.

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    paco@infosec.exchangeundefined
    Ah, Bluesky, my sweet summer child. You're going to enforce your "rules against harassment and toxic content". And then you'll discover that it's the same set of people doing the toxic shit. And those toxic people are connected to really powerful people from a specific political party.And suddenly you'll be getting calls from really wealthy fascists asking why you're enforcing this liberal bias by squashing conservative speech...It's so predictable I can't even. There is no neutral position. If you clamp down on all the hate speech and toxic shit, you will clamp down disproportionately on a specific demographic who will throw a (potentially violent) temper tantrum.The thing is, Bluesky is fundamentally capitalist. They need money and all the money is with the fascists these days. If they clamp down on toxic fascists, they will clamp down on wealthy fascists and their money will dry up. This won't last.https://techcrunch.com/2025/09/22/bluesky-says-its-getting-more-aggressive-about-moderation-and-enforcement/#uspol #trump #bluesky