Daily Crypto NewsEDITION #471, 24 May

Is Bill Gates a freaking nocoiner?


Hey Moni Maker 🚦

Today, in 1941, the legendary Bob Dylan was born. There's a lot to say about this character - you'd have to roll the mouse wheel a dozen times to scroll through the Wikipedia page. But perhaps the most crucial thing Dylan is known for in our society is the song "Knockin' On Heaven's Door", which was played in the movie "Knockin' On Heaven's Door". We crypto dogs and cats are knocking too - but Heaven is not what we want, but the Moon is...

Anyway, let's go! 


Bill Gates doesn't like cryptocurrency 

So, yes - news from the cheap info world, not exactly useful and a bit outdated, but...what crypto fan would refuse to put the poop and toxic a bit on the hate towards crypto?

Bill aka Microsoft aka Corporation of the Evil Gates held an AMA on Reddit, where he admitted that he's not interested in cryptocurrencies. Here's his quote: 

“The value of companies is based on how they make great products,” Gates said. “The value of crypto is just what some other person decides someone else will pay for it, so it’s not adding to society like other investments.”

Expect more characters to come out and shit on crypto on the bear; why? Well, and what reaction to put - the choice is yours :) 


Pharrell Williams is wobbling the system through Web3

13-time Grammy Award winner and American rap artist with his mouth - Pharrell Williams, started exploring Web3 and NFT tightly about two years ago to provide a tighter connection with fans through those jpegs of yours, but he's a little too late. And what I wasn't too late with, we'll tell you now.

At VeeCon on Saturday, the musician shared his views on Web3 and NFT in particular. In general, Williams believes that decentralized communities and creators can make a significant difference in the world by countering governments that seek to limit or disenfranchise human rights.

NFTs, on the other hand, are a great fit in the art world, not just music. The ranks of rappers in the NFT are growing, and we're waiting for everyone else to come along. Farrell is working on several Web3 projects, such as the Digital Asset Gallery, a platform for traditional artists ripe for the digital space.


Fork Terra 

Do Kwon, who has long flung poo in response to Twitter critics, admitted that he was too thick and generally wrong but is ready to make amends and fork LUNA, though without UST.

And the kid was on his way to success - he graduated from Stanford and worked for Microsoft and Apple, but he liked to make stablecoins. Even though he was told back in 2018 that the plan was a long shot, Do Kwon did not listen to anyone and made the BAC stable, which did not see success either. Now Mr Stable has decided not to goad but to admit fault and make amends.

However, the community acknowledged Do Kwon's suggestion of a LUNA fork as a hat and suggested using CZ's buyback and token burning solution. Still, the vote why was not in favour of the community. 



Metaverse is a virtual world where you can buy and sell land, buildings, nicknames, and avatars using cryptocurrency. Here you can walk around with friends, like in games, visit facilities, events, and buy goods and services. 

And more you can find in our Glossary!


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