Jack Dorsey's Block Scraps 'Web5' Project 10
Block will abandon development of its Web5 decentralized internet project and reduce investment in music streaming service Tidal to focus on bitcoin mining hardware and self-custody wallets, the payments company announced in its third-quarter letter to shareholders. The Jack Dorsey-led firm cited strong market demand for its bitcoin mining products and Bitkey wallet as key drivers behind the strategic shift.
Trump (Score:3)
I wonder if this is because Bitcoin and crypto is a favourite scam of the president elect?
Re: (Score:2)
Re:Trump (Score:4, Interesting)
Look who it's supporters are.
Go ahead, list them out.
Now tell me again why it's not a scam.
Re: Trump (Score:2)
This only scam here is the people posting comments about Trump in unrelated stories to harvest karma from the TDS-afflicted. Nice try though.
Thou shalt count no further (Score:2)
5 is right out!
Naming troubles (Score:3, Informative)
With titles like "Block", "Threads" or simply "X", - whether it is the UNIX display system or the shitshow that was previouly called Twitter that was already bad before its takeover but somehow found a way to be worse - technology companies names have become very confusing.
Heard a guy talking about Bitcoin in a bar: (Score:1)
He said: "Fiat currencies are obsolete. They're total crap."
His friend: "Really? Like what currencies?"
Guy: "Anything - the Euro, the Yen, even the USD - all crap."
Friend: "Uh Ok; so like, what's Bitcoin's worth then?"
Guy: "Each coin is worth north of $75K right now."
Friend: "What?! $75K?? As in USD??"
Guy: "Yeah - over $75K USD each"
Friend: "Wow. Bitcoin sure is a lot of crap!"