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> the rest of the world is pretty much on board with crypto and making pretty big advancements. https://www.reuters.com/technology/visa-mastercard-pause-crypto

by chx 4y ago

> the rest of the world is pretty much on board with crypto and making pretty big advancements. https://www.reuters.com/technology/visa-mastercard-pause-crypto-push-wake-industry-meltdown-sources-2023-02-28/ https://www.reuters.com/technology/visa-mastercard-pause-cry... "Visa, Mastercard pause crypto push in wake of industry meltdown" https://www.washingtonpost.com/technology/2022/01/28/facebook-cryptocurrency-diem/ https://www.washingtonpost.com/technology/2022/01/28/faceboo... "The social media giant’s shuttering of the Diem project " https://www.coindesk.com/web3/2023/03/13/meta-will-end-support-for-nfts-on-instagram-facebook/ https://www.coindesk.com/web3/2023/03/13/meta-will-end-suppo... "Web3 Meta Will End Support for NFTs on Instagram, Facebook" https://www.cnbc.com/2022/10/13/el-salvadors-bitcoin-holdings-down-60percent-to-60-million-one-year-later.html https://www.cnbc.com/2022/10/13/el-salvadors-bitcoin-holding... "El Salvador has lost around $60 million on its bitcoin bet one year into a nationwide crypto experiment. The use of bitcoin in El Salvador appears to be low amid the market volatility." Want more?

ESTheComposer 4y ago
I too can cherry pick: https://www.coindesk.com/web3/2023/03/24/amazons-nft-plans-teased-in-a-receipt-mailed-friday-afternoon/ https://www.coindesk.com/web3/2023/03/24/amazons-nft-plans-t... https://www.cryptonewsz.com/what-the-recent-news-of-xrp-means-for-avorak-ai/ https://www.cryptonewsz.com/what-the-recent-news-of-xrp-mean... https://gagarin.news/news/blockchain-games-dominate-the-market-outpacing-defi-by-2x/ https://gagarin.news/news/blockchain-games-dominate-the-mark... https://www.coindesk.com/policy/2023/03/24/el-salvador-president-nayib-bukele-to-introduce-bill-eliminating-taxes-on-technology-innovations/ https://www.coindesk.com/policy/2023/03/24/el-salvador-presi... https://fortune.com/crypto/2022/12/19/evolution-crypto-web3-in-the-arab-world/ https://fortune.com/crypto/2022/12/19/evolution-crypto-web3-...
- chx 4y ago
  Alright, let's see, what's the easiest to engage with in this , games. https://www.marketsandmarkets.com/Market-Reports/blockchain-gaming-market-167926225.html https://www.marketsandmarkets.com/Market-Reports/blockchain-... > The global Blockchain Gaming Market size in terms of revenue was estimated to be worth USD 4.6 billion in 2022 https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide https://www.statista.com/outlook/dmo/digital-media/video-gam... > Revenue in the Video Games segment is projected to reach US$372.00bn in 2023. So that's about one percent of the market. And the growth trajectory is not at all clear to me. https://cointelegraph.com/magazine/can-p2e-gaming-grind-away-market-share-from-mainstream-games/ https://cointelegraph.com/magazine/can-p2e-gaming-grind-away... > In its 2021 annual report, The Blockchain Game Alliance says that NFT games generated $2.32 billion in revenue in the third quarter of 2021,
- illiarian 4y ago
  What you've cherry picked are wishful thinking articles about how everything will just be amazing and great in crypto land. Some day. You just wait.
- fbdab103 4y ago
  The GP's citation of Visa and Mastercard are cherry-picking? What companies would be more relevant?
  - overthrow 4y ago
    The source for those claims is "people, who asked not to be named". Could be literally anyone. Meanwhile in the same article: > That does not change [Visa]'s crypto strategy and focus, however, the spokesperson added. and: > A spokesperson for Mastercard said: "Our efforts continue to focus on the underlying blockchain technology and how that can be applied to help address current pain points and build more efficient systems." Isn't it crazy how different those quotes are from the headline? I'd love to know who read those official company statements and then decided to write the headline with the claim from an anonymous nobody instead. Also: https://twitter.com/cuysheffield/status/1630600556187099137 https://twitter.com/cuysheffield/status/1630600556187099137
  - lowkey 4y ago
    The OP’s original comment referred to the rest of the world, which I read as those outside the US. My understanding is that Visa and Mastercard are American companies with footprints outside the US yes, but they are still US companies.

by chx 4y ago

ESTheComposer 4y ago

I too can cherry pick: https://www.coindesk.com/web3/2023/03/24/amazons-nft-plans-teased-in-a-receipt-mailed-friday-afternoon/ https://www.coindesk.com/web3/2023/03/24/amazons-nft-plans-t... https://www.cryptonewsz.com/what-the-recent-news-of-xrp-means-for-avorak-ai/ https://www.cryptonewsz.com/what-the-recent-news-of-xrp-mean... https://gagarin.news/news/blockchain-games-dominate-the-market-outpacing-defi-by-2x/ https://gagarin.news/news/blockchain-games-dominate-the-mark... https://www.coindesk.com/policy/2023/03/24/el-salvador-president-nayib-bukele-to-introduce-bill-eliminating-taxes-on-technology-innovations/ https://www.coindesk.com/policy/2023/03/24/el-salvador-presi... https://fortune.com/crypto/2022/12/19/evolution-crypto-web3-in-the-arab-world/ https://fortune.com/crypto/2022/12/19/evolution-crypto-web3-...

chx 4y ago
Alright, let's see, what's the easiest to engage with in this , games. https://www.marketsandmarkets.com/Market-Reports/blockchain-gaming-market-167926225.html https://www.marketsandmarkets.com/Market-Reports/blockchain-... > The global Blockchain Gaming Market size in terms of revenue was estimated to be worth USD 4.6 billion in 2022 https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide https://www.statista.com/outlook/dmo/digital-media/video-gam... > Revenue in the Video Games segment is projected to reach US$372.00bn in 2023. So that's about one percent of the market. And the growth trajectory is not at all clear to me. https://cointelegraph.com/magazine/can-p2e-gaming-grind-away-market-share-from-mainstream-games/ https://cointelegraph.com/magazine/can-p2e-gaming-grind-away... > In its 2021 annual report, The Blockchain Game Alliance says that NFT games generated $2.32 billion in revenue in the third quarter of 2021,
illiarian 4y ago
What you've cherry picked are wishful thinking articles about how everything will just be amazing and great in crypto land. Some day. You just wait.
fbdab103 4y ago
The GP's citation of Visa and Mastercard are cherry-picking? What companies would be more relevant?
- overthrow 4y ago
  The source for those claims is "people, who asked not to be named". Could be literally anyone. Meanwhile in the same article: > That does not change [Visa]'s crypto strategy and focus, however, the spokesperson added. and: > A spokesperson for Mastercard said: "Our efforts continue to focus on the underlying blockchain technology and how that can be applied to help address current pain points and build more efficient systems." Isn't it crazy how different those quotes are from the headline? I'd love to know who read those official company statements and then decided to write the headline with the claim from an anonymous nobody instead. Also: https://twitter.com/cuysheffield/status/1630600556187099137 https://twitter.com/cuysheffield/status/1630600556187099137
- lowkey 4y ago
  The OP’s original comment referred to the rest of the world, which I read as those outside the US. My understanding is that Visa and Mastercard are American companies with footprints outside the US yes, but they are still US companies.