Screwing Up, Offlining, OpenSeaing and 20 Crypto Jokes
his week in crypto, LTC pumped then dumped after a fake piece of news that Walmart had entered into “a major partnership” with Litecoin, with Charlie Lee admitting the tweet screw-up soon afterwards. Solana mainnet was forced to go offline and was restarted, affecting the coin’s price, Ethereum L2 scaling solution Arbitrum’s TVL skyrocketed by nearly 9,400% in two weeks, and there were accusations of insider trading on OpenSea, prompting talks about a decentralized NFT trading platform. Meanwhile, as AMC announced they’d be adding ETH, LTC and BCH payment options alongside BTC, analysts urged caution as a golden cross appeared in the bitcoin chart.
MicroStrategy purchased an additional BTC 5,050, Google Cloud partnered with Dapper Labs to help scale the Flow blockchain, and Coinbase showed that “strong demand” exists among financial institutions to get exposure to the crypto space, while the former Head of Business Development at BitMEX agreed to be extradited to the US. Moody’s said CBDC and stablecoins could disrupt traditional financial system, and a survey found that European and Asian investors drive bitcoin and ethereum investments.
Meanwhile, El Salvador’s President said that Chivo bitcoin app has “over half a million users” and promised to fix its bugs, thousands of people protested bitcoin adoption in that country, an Uruguayan regulator suggested that crypto-real estate ‘exchanges’ are possible, the SEC chief Gary Gensler may be gunning for crypto exchanges, unless they register with the regulator, in Russia, Central Bank told domestic banks to block crypto exchange transactions, while blockchain-related salaries are rising fast, and in South Korea, larger crypto exchanges announced a ‘temporary’ end of fiat trading, as over USD 5.2m worth of crypto was seized from suspected tax dodgers. And while in South Korea, crypto communities could see their crypto tax threshold raised, in the US, politicians want to wring USD 16bn out of crypto holders.
And now, let’s laugh at some crypto-flavored jokes.
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Hey, CT! How’s everything going this week?
— @intern (@intern) September 13, 2021
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Wow, Litecoin is— Never mind, as you were.
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Somebody tell these execs they must always do their own research.
Adam did you confirm with AMC before posting this? We had an incident the other day where people thought Walmart was accepting Litecoin
— greg (@greg16676935420) September 16, 2021
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No need to research this one though, it’s obviously absolutely definitely totally true.
https://www.twitter.com/prestonjbyrne/status/1437441158930706440__
‘You have no idea how difficult it is for me! You have it so easy!’
— Pollo2x (@Pollo2x) September 13, 2021
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‘What’s a good investment? You are, yes, you are!”
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This one’s just a fact.
Nice Statue Hungary #Bitcoin 🇭🇺 https://t.co/ECjnfC13nw pic.twitter.com/W9Kfr2B32Q
— Yellow.🍌🍞 (@ICOffenderII) September 16, 2021
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Heeey, look! A living dodge NFT!
Real NFT 👀👀👀 https://t.co/o8xtOoJ13Y pic.twitter.com/nO61MkK7oR
— LucieUjenny 🧚🏻👾🌶 (@LucieUjenny) September 16, 2021
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It only makes financial sense.
Everything is an opportunity for an NFT creator…. pic.twitter.com/hJSMZp8WxC
— Mohak Agarwal (@mohakagr) September 14, 2021
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One 10trn dollar bill, pls. Ta.
— smolting (wassie, verse) (@inversebrah) September 15, 2021
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Ooooh…
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You learn as long as you buy.
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Seriously, got to fax it, or send it by post, no other way to get it to them.
Fax the rich
— Knut Svanholm ∞/21M (@knutsvanholm) September 15, 2021
Fax them the white paper pic.twitter.com/mIgzMSlvZh
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And now, a bitcoin haiku – a bitiku, if you will.
Nobody ever went broke taking profits.
— Solokov (@Solokov_Sats) September 15, 2021
I like taking profits.
In fact, I think I will soon.
But first! A haiku;
Running start,
Diving board.
Quickly up,
Harder down. $btc #Bitcoin #BTC
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Here’s a rarely seen 2-in-1er.
SEC: "Come talk to us"
— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) September 15, 2021
Crypto: "Hello, the law is not clear"
SEC: "The law is clear, come talk to us"
Crypto: "Hello, the law is not clear"
SEC: "The law is clear, come talk to us"
….
Crypto vs the SEC pic.twitter.com/d1oBXCiK95
— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) September 15, 2021
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‘Being totally shadowy, and doing their super-coding… You see, I know what I’m talking about.’
shadowy super-coders arriving at the next Fed meeting like pic.twitter.com/SpkDgQApNC
— Sophia Zaller (@sophiamzaller) September 14, 2021
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Stock Market and Economy, personified.
the stock market: the economy: pic.twitter.com/YsuukD9gwQ
— swoph (@swoph) September 14, 2021
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Explained in crypto terms, for easy understanding.
shitcoins are hot, bitcoin is beautiful https://t.co/LzERfeZO5q
— Carman (@benthecarman) September 15, 2021
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?
The noise when you walk into a mining farm
— Zack Voell (@zackvoell) September 14, 2021
Call it only fans
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And for the end of this week, here’s an Onion-flavored crypto study that proves the massive benefits of mining.
“We’ve discovered that if not for the trillions of complicated mathematical equations required to verify and propagate crypto, the world’s machines would most likely apply that computational power toward becoming self-aware and, ultimately, exterminating the human race,” said Harvard University study lead researcher Ted Zhao.
Have a safe weekend and mine some bit coins!