Bruce Sterling @bruces on Nostr: *Is it even technically possible to create a market that's more intensely ...
*Is it even technically possible to create a market that's more intensely enshittified than the "crypto market"?
*Maybe a darknet crypto market entirely owned and run by North Koreans could somehow be worse? I dunno. Concerning
In related news: yesterday, Block announced it was firing half its engineers to make a "big bet on AI."
Block used to be called "Square" and it had a very successful business as a payment processor. It changed its name to Block when it went all in on crypto.
Block's mass "AI" layoffs coincide with a *50%* drop in Bitcoin, with concomitant collapses in other cryptos. AI market watchers warn that the industry is so overleveraged that this could lead to total collapse.
Published at
2026-02-28 06:31:34 UTCEvent JSON
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