The performance art of Ben.eth

"an impressive level of tomfoolery"

May 21, 2023

gm!

We talked Ledger Dramarama & Sam Altman in Washington on this week’s Feelings Check-In. Perfect for if you “simply cannot” take another All In pod.

While you’re there, smash the subscribe on the new feed for Context: Views on Crypto and Culture, and listen to the convo on tokenized media with the CEO of NFT Now.

Bye!

The Boys

Writer: Deana

The Threadbois Cometh. This week the timeline lost its mind about Ledger’s new product Ledger Recover, and a perceived “backdoor” that was built into this product release. But wait, maybe it’s always been there? But it’s probably no big deal? The threadbois were out in full force, harvesting takes at the engagement farm. DYOR, decide the level of risk you feel comfortable with, remember no storage system is absolute, and we make tradeoffs everywhere in life. Most importantly, and we say this loudly for the folks in the back, kill the casual sexism in how you’re talking about crypto onboarding. Tbh you should just listen to our latest pod for the full feelings.

Peak Degen. From one end of the trust spectrum to the other. A new memecoin called $PSYOP launched last week, preselling nearly $7M or 3800 ETH in 72hrs. It was launched by a charming chap named Ben.eth, who has been on a memecoin tear of late. The $PSYOP presale mechanics were pulled straight from the Facebook Marketplace scam playbook. Simply send your ETH to Ben.eth’s wallet now, and he’ll promise to send you the tokens at some point! Maybe this weekend! People are not happy. It’s the attention economy on NOS. Canonical “tomfoolery.”

“Use Cash.” The U.S. Secret Service held an AMA on Reddit and spread fiat FUD lol jk. For real though, TIL the definition of “pig butchering.” This, in the same week that the SEC suggested Filecoin is a security. Life comes at you fast.

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