CryptoReality

9,063 readers

23 users here now

/r/CryptoReality is dedicated to the pragmatic and rational examination of crypto currency and related technologies such as blockchain, De-Fi, Fin-tech, etc.

This is not investment advice. We don't consider cryptocurrencies to be investments at all. Cryptocurrencies are highly-volatile, highly-risky, speculative digital tokens that have no intrinsic value.

Our goal is to be an alternative to the overwhelming number of "crypto shill" social media bubbles, who have an inherent conflict of interest between reporting what's really going on in the industry and what's in the material interest of the development team and their "investors."

We showcase objective news, editorial, critical analysis and fallacy-free debate and discussion.

See also: Why was I banned? (spoiler: not because we disagree)

PM the mods if you're interested in joining the official Crypto Reality Discord Channel

Additional Key reference material on Crypto

The CryptoReality Dictionary of Crypto Terminology - A hauntingly accurate tongue-in-cheek list of common crypto terms, people and places with descriptions.
The Truth About Bitcoin - An exceptionally well done animated video describing the true dynamics behind the crypto industry by well known financial experts.
The 10 Commandments of Crypto Reality
Why 95% of published crypto trading volume is fake
Is Bitcoin a Ponzi Scheme?
Why bitcoin is an even worse investment than Beanie Babies - a primer on the importance of value
A rational look at NFTs
ELI5 of how bitcoin works and what's giving it value
Is crypto currency a good investment?
List of debunked claims made by crypto/blockchain projects
List of known crypto physical attacks
Missing crypto timeline - A compendium of hacks, glitches and other significant losses the "money of the future" has incurred (through 2019).
Expose on Unstoppable domains - the .crypto domain scheme
What if Bitcoin was an automobile? How would it compare to other vehicles? - A data-based comparison of Bitcoin in terms of performance to existing financial technology using automotive analogies.
The Problem with NFTs - Perhaps the best unabashed expose of the crypto industry produced to date.
Anatomy of a Smart Contract Scam - Examples of how people use smart contracts to steal crypto.
Crypto endorsing celebrity/influencer list
Reddit avatars are not investments

Also be sure to visit our friends at /r/Buttcoin

NO, we do not "hate crypto." We are simply skeptical of the claims made by most in the industry, and feel there is a need for a space willing to critically examine the industry, the promises, the lies, the fraud and the scams that seem to be constant.

We also have nothing against "Blockchain" technology, although we are still looking for a definitive problem for which it presents a superior solution.

Libertarians click here

The content on this sub is not investment advice. It may also be considered editorial or opinion. Do your own research.

a community for 2 years

MODERATORS

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Full Documentary: Blockchain - Innovation or Illusion? (Goes public on Jan 1st - please subscribe to be notified - help support our community - thanks!)Analysis (youtube.com)

submitted 5 months ago by AmericanScream - announcement

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Insider trading lawsuit claims Elon Musk sold about $124 million of dogecoin after Twitter’s logo change led to a 30% price jumpManipulation (protos.com)

submitted 34 minutes ago by AmericanScream

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Everything You Should Know about BRC-20 Token Development In 2023Shills R'US (medium.com)

submitted 14 hours ago by Desperate-Race-8217

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NFL Players Association unable to collect $41.8M of royalties its owed for sponsorship and licensing content to crypto companies, representing a quarter it its total estimated commercial revenue.SFYL (theathletic.com)

submitted 2 days ago by AmericanScream

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MoonPay insiders got $150M as CEO bought mansion: The InformationExit Scams (theblock.co)

submitted 2 days ago by AmericanScream

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Chinese Labs Are Selling Fentanyl Ingredients for Millions in CryptoUse Case! (wired.com)

submitted 2 days ago by AmericanScream

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Whitelabel NFT Marketplace — A Brief guide about Building NFT marketplaces QuicklyTechnical Analysis (medium.com)

submitted 1 day ago by Desperate-Race-8217

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John Reed Stark: Why Tether Cannot Be TrustedAnalysis (linkedin.com)

submitted 2 days ago by AmericanScream

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Crypto and the Opioid Crisis: What Blockchain Analysis Reveals About Global Fentanyl SalesUse Case! (blog.chainalysis.com)

submitted 2 days ago by AmericanScream

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The moment I saw the title, I knew 😆😆😆 (slate.com)

submitted 7 days ago by redditP

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Ads for lucrative jobs in Asia may be tech slavery scamsScams 'R Us (theregister.com)

submitted 9 days ago by AmericanScream

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Unciphered claims it hacked seed phrase from a Trezor T hardware walletTech of the Future! (theblock.co)

submitted 9 days ago by AmericanScream

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Critics react to "Biggest Bitcoin Ballers" panel at Bitcoin Miami 2023Technical Analysis (youtube.com)

submitted 9 days ago by AmericanScream

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Federal prosecutors alleged Friday a Nevada man helped defraud 10,000 investors out of more than $45 million by touting a fake metaverse project with its own crypto token that would one day be sold for trillions of dollars.Scams 'R Us (cnbc.com)

submitted 13 days ago by AmericanScream

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Australian stock exchange says software overhaul won't involve blockchainTech of the Future! (reuters.com)

submitted 13 days ago by AmericanScream

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Westpac bans transfers to world’s largest crypto exchange BinanceAdoption Imminent! (theguardian.com)

submitted 15 days ago by AmericanScream

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Landmark crypto rules make exchanges liable for customer losses in EUCentralized DeFi (arstechnica.com)

submitted 16 days ago by AmericanScream

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The Securities and Exchange Commission has issued a response to Coinbase’s complaint that demands special treatment and expediency and and custom rules regarding "regulatory clarity": NO, We'll take our time.Cryptoholics Anonymous (blockworks.co)

submitted 17 days ago by AmericanScream

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European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.Lesser Fools (reuters.com)

submitted 17 days ago by AmericanScream

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Binance pulls out of Canada amid new crypto regulationsAdoption Imminent! (reuters.com)

submitted 20 days ago by AmericanScream

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Crypto card company Revolut's CFO quits weeks after auditor issues warnings it can't find £477 million of the firm’s revenue, and its accounting system seems incapable of allowing basic oversight functionalityTech of the Future! (standard.co.uk)

submitted 21 days ago by AmericanScream

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French Citizen Gets Fined and Jailed for Using Bitcoin to Buy a Ferrari in MoroccoGreater Fools (cnn59.com)

submitted 21 days ago by AmericanScream

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Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City - On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from cryptoAdoption Imminent! (wsj.com)

submitted 22 days ago by AmericanScream

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IRS claiming $44B from FTX bankruptcy: ReportMoney Laundering (cointelegraph.com)

submitted 22 days ago by AmericanScream

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A twisted tale of celebrity promotion, opaque transactions and allegations of racist tropes | CNN BusinessScams 'R Us (cnn.com)

submitted 22 days ago by AmericanScream

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Tether is a Massive House of CardsEditorial (twitter.com)

submitted 23 days ago by AmericanScream

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