NFT enthusiasts need a thick skin. There is no shortage of malice about brightly colored manga kittens, stupid memes and AI-generated profile pictures pressed into token form. And now: Elon Musk hits it too. Technical innovation, pay packet for Web3 artists? Not for the X boss. As a guest of Joe Rogan, the entrepreneur gets rid of the ridicule. And thus plays into the hands of the Bitcoin community. Like that?
“The funny thing is that an NFT isn’t even on the blockchain, it’s just a URL to the JPEG” – ouch: that sat. At least more than the ramshackle wig that Joe Rogan put on in the Halloween podcast. The hobby astronaut made a point that has often been criticized: “Not your server, not your NFT” – or in Musk’s words: “If the company that stores the image goes out of business, you no longer have the image “. He advises: “You should at least encode the JPEG on the blockchain.” It’s grist for the mill of Ordinals fans who have done exactly that with Bitcoin NFTs: files anchored in the blockchain. Whether one should take the criticism from Musk, who once again gets tangled up in wild conspiracy theories in the podcast, too seriously: questionable.
Michael Saylor: Bitcoin caterpillar hungry
Can there be too much Bitcoin? Stupid question: Of course not – you wouldn’t have expected a different answer from Michael Saylor, the Bruce Wayne of Bitcoin bros. When asked in a TV interview by CNBC about Microstrategy’s ever-growing Bitcoin assets, the entrepreneur replied casually: “You can never have too much Bitcoin.” The 158,000 Bitcoin that Microstrategy now has on hand is probably not enough for the 58-year-old. Wait a moment. 158,000 Bitcoin, 58 years – Where was my aluminum hat?
Otherwise, the usual: Long-term bullish: check, bullish on the halving: check, ETF bullish: but hello. He’s expecting that by the beginning of January, we’ll see. When asked about the disreputable image that Bitcoin still has and makes it unattractive for many investors, Saylor made a plea for more Wall Street involvement in the crypto game. But here too, Saylor warns that he is bullish in the long term. The “industry” has had enough of “shiny little tokens” and “Jojocoins”, we will see that too.
Secret messages from Changpeng Zhao
Better late than never: We don’t know whether the party – one day after Halloween – was still going on when Changpeng Zhao fished his Dracula rag out of the grab box. Except that with the Binance gang sign pose, his four fingers outstretched, he looks very similar to Graf Zahl. A dignified costume for a multi-billionaire and head of the world’s largest crypto exchange. But what does he want to tell us with the anti-thumbs-up gesture? Shops in the basement? Look, this is what my hand looks like without a thumb?
Not even close. The number four is something like Chanpeng Zhao’s mantra. At the beginning of January, the Binance boss tweeted about his New Year’s resolutions. Fourth: “Ignoring FUD, fake news, attacks, etc.” Whenever he squeezes a 4 into a post or – like in the picture – holds four fingers up to the camera, he means as much – or as little – as “chakka”. The strange quirk even got an entry in the Binance Academy. The picture still qualified him for a guest appearance on Sesame Street.
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