Last month, Democratic rising star Alexandria Ocasio-Cortez came under fire for a line in the Green New Deal that promised security for those “unwilling to work.” Her team quickly lied about it, claiming GOP doctoring, before eventually chalking it up to an “early draft” that was accidentally released. But Universal Basic Income (UBI) is gaining traction among Democratic candidates, and now Andrew Yang is running for president with just one promise: free money for all. Andrew Yang’s UBI Plan: $ 12,000 in Free Money Every Year Yang, a former education entrepreneur and founder of Venture for America, claims on his website
The post Andrew Yang’s Crazy UBI Plan: Give Lazy Freeloaders $ 12,000 Every Year for Doing Nothing appeared first on CCN
The latest issue of Diar points out that Bitcoin miners and other crypto miners have made tens of millions of dollars without processing a single transaction. The major proof-of-work blockchains, Bitcoin, Ether, Litecoin, and Dash, have earned in excess of $ 18 billion. Bitcoin Cash miners have earned just under $ 1 billion since the fork. Zcash miners have actually earned more than Bitcoin Cash miners, and Zcash is one of the most under-utilized networks studied. Bitcoin and Ethereum Process The Most Transactions In total, Bitcoin Cash miners have processed over 3300 empty blocks since August 2017. In total, an average of
The post Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing appeared first on CCN
By CCN.com: The European Commission on Tuesday slammed Mastercard with a 570.6 million euro ($ 650 million) fine after finding the company guilty of breaching antitrust rules. According to information released by the EU regulatory body, the original fine was reduced by 10 percent because Mastercard cooperated with the Commission during the investigation. Mastercard Overcharged Customers, … Continued
The post EU Smacks Mastercard with $ 650 Million Fine for Doing What Credit Card Companies Do Best appeared first on CCN
Been hodling since 2011, so this is my 4th bear market. I'll go first. This bear market is exceedingly boring. I'm just bored to death with waiting for the market to capitulate – again. I feel like a patient in an urgent care center who doesn't have insurance, and they don't even have a TV showing Michael Jackson videos, and my phone is out of juice.
How are y'all feeling?
I’m not the first person to say this and I won’t be the last, treating bitcoin as an investment and leaving it in a wallet for years at a time does nothing for the coin or the community. As much as it puts a bad taste in congressional mouths and casts a dark shadow on bitcoin, people who use it to buy stuff on the dark net are using bitcoin for its intended purposes
You know, as a currency?
Look, I get it, when you buy in at 10 grand you don’t want to buy a hotdog with bitcoin at 4 grand, everybody’s afraid of becoming the next million dollar pizza. But putting the coin in a wallet and doing nothing accomplishes nothing (except for added anxiety)
disclamer I’m not advocating for using bitcoin to buy illegal goods, just stating my thoughts on the matter