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1. LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Saturday, 05-Dec-2020 04:32:11 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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   https://nu.federati.net/url/278689 [www cnbc com]
   
   Steve Wozniak starting another company.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Saturday, 05-Dec-2020 04:54:53 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     • GeniusMusing
     @geniusmusing I still think there may be some things a blockchain is suited for, but most of the announcements I see (including this one) are not it.
     
     As I understand it, investors are supposed to buy cryptotokens, which fund energy efficiency and power generation projects in existing small businesses, who then forward some of their utility savings back to this company for distribution back to investors. In that case, what they needed is just a financial company whose managers aren't stuck in 1978. No #blockchain required.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Saturday, 05-Dec-2020 06:01:39 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     in reply to
     One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain.
     
     And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
   • GeniusMusing (geniusmusing)'s status on Monday, 07-Dec-2020 18:52:43 UTC GeniusMusing

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     in reply to
     @lnxw48a1
     Apple co-founder Steve Wozniak's crypto token takes off—but you can't buy it in the US
     https://nu.federati.net/url/278764
     
     >snip
     >For now, you can only buy the WOZX token on Singapore-based crypto exchange HBTC (formerly called BHEX, launched in 2018 by the former CTO of Huobi). To buy WOZX on HBTC, you must buy the stablecoin Tether (USDT-USD), then use Tether to buy WOZX. (Or you could send Tether from a U.S. exchange to your HBTC wallet.)
     >
     >WOZX will also get listed soon on Bithumb, a Korea-based crypto exchange. (Unlike stocks, cryptocurrencies list on multiple exchanges, which is why different exchanges list a different all-time-high price for bitcoin, for example.)
     >
     >But you can’t buy and trade the WOZX token through a U.S. exchange site.
     >
     >And Efforce, the company, is registered in Malta.
     >snip
     
     Sounds even fishier now...
     LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} repeated this.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Tuesday, 08-Dec-2020 01:06:26 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     • GeniusMusing
     • a Claes unto himself 🇸🇪🇭🇰💙💛
     @clacke @geniusmusing Yes, but with stocks, you don't have an account with the exchange. You have an account with the stockbrokerage company, which can trade your stock on any of several exchanges where they have trading accounts and the stock is listed. With cryptocurrencies, each exchange wants you to create an account and link it to your bank account.
     
     It's really bizarre, if you think about it, that people are so willing to give unknown strangers running a cryptocurrency exchange the keys to the kingdom.