introducing speculative assets into the housing market has caused some problems before.

it's for corrupt purposes, of course:

The blockchain idea is being pushed, a HUD official told colleagues, by Irving Dennis. Dennis, the agency’s new principal deputy chief financial officer, is a former partner at the global consulting giant EY, also commonly known by its original name, Ernst & Young. EY itself is involved in the proposal as well: An executive of the firm discussed the idea with HUD officials last month.

a followup story: https://www.propublica.org/article/hud-cryptocurrency-blockchain-democrats-maxine-waters

archive link: https://web.archive.org/web/20250329193844/https://www.propublica.org/article/hud-considers-crypto-blockchain-stablecoin-housing-urban-development

In a gesture blending art, technology and homage to innovation, the city of Lugano, Switzerland, has unveiled a striking statue celebrating the anonymity of the mysterious creator of Buttcoin.

The grand reveal took place at the third annual Plan Nocoin Forum, with the sleekly designed figure aiming to capture Buttcoin’s enigmatic legacy.

At the unveiling, the Mayor of Lugano, Kill Hamster, lauded the statue as a symbol of the city’s bold embrace of fiat progress, underscoring Lugano’s rise as a premier hub for actual money.

The sculpture honours the far-reaching impact of Buttcoin on the global financial landscape.

The artist, Buttcoin Thread, says “the sculpture shows the Butt from all possible angles, and vibrates with such energy that it can barely stay fixed in this plane of existence.”

By paying tribute to Buttcoin, Lugano not only honours the past but also paves the way for future generations to pursue breakthroughs in actual money you can spend on things.

with the fabulous sound of the new microphone

yeah there'll be a normal Pivot to AI post and video later

Is it going to be of real value to us taxpayers in any way? At best, no. At worst, if the government starts acquiring crypto and then the price falls, that’s going to be a hit on the valuations of the crypto. So I don’t see this ending well in any way, but it is going to happen.

Sorry gents, can’t un-ring the bell

EDIT: Upon further inspection the OP is a crypto proponent too

archive: https://archive.is/8T8RO

near flawless in execution

spotted by @jonny@neuromatch.social

good discussion: https://neuromatch.social/@jonny/114079771880419501

archive link: https://archive.is/9g3KF

This week on "Unexpected Downsides To #Cryptocurrency":

Did you realize that you can't reject #blockchain transactions and therefore anyone who wants to harass you can more or less freeze your "bank account" at an exchange like #Coinbase instantly just by either:

a) sending a euro through a sanctioned mixer service like #TornadoCash before sending it to you or

b) sending a few cents to a sanctioned terrorist wallet before sending you a single cent

The automated systems used by Coinbase will immediately notice that you have interacted with suspicious or sanctioned wallets and Coinbase, which, like all crypto companies, spends as little as possible on customer support, will lock your account until you produce a passport for the person who sent you that tiny amount of money (often for months).

These so called "dust attacks" constitute revolutionary new vectors in harassment.

Many of us are familiar with the Forbes cover mark-of-death

It looks like they are continuing the tradition of finding some of most obvious scams and charlatans and trying to boost them.

Fukken lol

Source