Not sure what the dude's going to do though, as the choices are pretty limited. He can't really sell it for fiat, so he's pretty much stuck with moving from wallet to wallet, or probably mixing/coinjoin the coins. Not sure if you can even coinjoin that much coins with success.

Some collections like the Bored Ape Yacht Club have grown so valuable that they are larger than companies like Harley Davidson...  Imagine still thinking that NFTs are worthless.  I get that to some people you can't grasp the innovation and think it's about pictures.  It isn't.  If you think it is, you have a lot of learning to do and should probably focus on education rather than spitting disinformation.  NFTs are the first mainstream use case for crypto I've seen and I don't think they're going away.  I actually think that toxic maximalism is going to lead a lot of people to miss out on massive opportunities, like the Bored Ape Yacht Club, thinking they're just pictures.  They aren't.

It's just nothing but China exploring more and more ways to further tighten their grip unto their people; and having increased surveillance over the money is definitely one of them. It's going to be a typical centralized platform, but on steroids.

It isn't uncommon for street art to have a short lifespan, but this was different. Destruction was always part of the Murals to the Metaverse plan, one that turned the ephemerality of street art into a feature rather than a bug. In the days between the creation and obliteration of their works, the artists did something unusual: Every mural was scanned and turned into a 3D model of itself. Each was then enhanced using augmented reality. For nearly two weeks, the group led AR tours of the space, letting some 300 people share in the immersive experience. Once they were destroyed, the murals were minted on the blockchain as NFTs and now live on digitally. “Buildings can crumble, weather can cause damage, and developments can impede views,” explains artist Rachel Wolfe-Goldsmith, aka Wolfe Pack, who spearheaded the project. “By scanning a mural and turning it into an NFT, we forever immortalize the art.”

“Street art is perhaps the most undervalued and underserved niche in the art sector,” says cofounder and CEO Marco Calamassi, “but at the same time is the most creative, most disruptive one, where the artist has the most freedom of speech, the most freedom of message.”

👍 40,785 $BTC were moved away from exchanges in the past week. This was the highest week of #Bitcoin exchange outflow since the 2nd week of September. The continued trend of coins moving to cold wallets is historically good for long-term price movements.

The Bitcoin whitepaper published by anonymous author Satoshi Nakamoto continues to be available in different languages as community members strive to spread the document’s contents to the masses.
As of January 30, 2022, the whitepaper had been translated into 40 languages with Nepali becoming the latest addition. The translation uploaded on the Bitcoin.org website was done by two cryptocurrency enthusiasts Krishna Dahal and Bibek Koirala.

DeviantArt has sent 90,000 alerts about possible fraud to thousands of their users since then, company executives said. It’s now scanning for fraud across 4m newly minted NFTs each week. The number of alerts doubled from October to November, and grew by 300% from November to mid-December.
In December, bots began attacking the site, Moti Levy, DeviantArt’s chief operations officer said, scraping whole galleries of artists’ works. The pieces would later appear on NFT marketplaces, often with artists’ names and watermarks still attached.
The attacks have focused on DeviantArt’s most popular artists, measured by likes and comments, Levy said, rather than any particular aesthetic.
“Bots are bots,” he said.

One huge mess of theft and fraud and inauthenticity’

The current reporting process for artists whose stolen work is turned into NFTs is confusing and laborious, confirmed Ashli Weiss, a Silicon Valley lawyer who specializes in intellectual property and works with blockchain companies, adding that there is currently little incentive for OpenSea and other marketplaces to fix the problem. “OpenSea is getting paid with each transaction.”
OpenSea disputed the view that it did not have an incentive to tackle art theft and plagiarism: “For more people to join OpenSea or other Web3 communities, these issues must be addressed head-on,” a spokesperson said.
More than half of the company’s current staff works either full-time or extensively on issues of plagiarism and content moderation, OpenSea said, and it is developing “smart moderation” tools to speed up the company’s response to reports of plagiarism.
But the company also defended some of the policies that artists would like to change as essential to its mission. While some artists would like to see a crackdown on bots, creating hundreds or thousands of NFTs at one time is normal for the space, OpenSea said, noting that there are 10,000 “Bored Apes” and more than 8,000 “Pudgy Penguins”, two of the most prominent and commercially successful NFT collections.

The Grayscale Bitcoin Trust is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts.

The biggest corporate bitcoin holder is the Virginia-based business intelligence software maker MicroStrategy, according to a database from the crypto analytics firm CoinGecko. The $3.6-billion company owns 121,044 bitcoin, a crypto horde roughly 2.5 times larger than its nearest contender, Tesla. MicroStrategy’s bitcoin is now worth roughly $4.4 billion—which is about 25% more than the company’s market capitalization.

“We’re always focused on expanding the YouTube ecosystem to help creators capitalize on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube," wrote YouTube CEO Susan Wojcicki in a letter on the company’s 2022 priorities.