NeverMind the Rumour Mill: 9th May

Benjamin S Bateman
3 min readMay 9, 2022

Hey Bitcoin, Shitcoin and BTFD fans! Time’s may be hairy, but that doesn’t mean we have to be all serious. Here’’s a quick partial transcript to accompany the May 9th episode of Nevermind the Rumour Mill! If you enjoy it or find it useful, subscribe and say something nice. Give us a bit of encouragement here that we’re on the right tracks. And if not, well tell us what we can do better. We live to serve you, Anon.

(Over title music)

B — Welcome to Nevermind the RumourMill! The hottest gossip and semi-confirmed news, insights, and opinions podcast show all about crypto, every Monday Wednesday and Friday! I’m Ben,

A — And I’m Anastasia!

B — And whatever brings your here, remember this is infotainment

TOGETHER — NOT FINANCIAL ADVICE

Crypto Weekend Catch up

B — So, coming up today we have hopefully…… but first, Anastasia has been keeping an eye on the weekend’s other news, so you don;t have to, Isn’t that bloody lovely of her)!?

A — OpenSea was the victim of a hacked Discord server, the platform’s support team tweeted.

On May 5, real estate in the Portuguese city of Braga was sold for bitcoins (BTC) without subsequent conversion into euros. Perhaps this deal marks a new chapter in the real estate sector.

a CrypStation cafe was opened on May 6 in Puerto Madero, Buenos Aires, it accepts Bitcoin and other cryptocurrencies for payment.

Spotify has entered the Roblox metaverse with Spotify Island, where users can create music, hang out, connect with artists and musicians, and get exclusive access to virtual goods from artists.

Google Assembles Web3 Focused Team

The team will create services for developers using blockchain applications managed by Google Cloud.

NFT on Instagram — coming soon

On March 16, Mark Zuckerberg announced in an interview with SXSW that Meta* plans to implement NFT on Instagram, promising to announce the feature within a few months.

Governments and Laws

​​California Governor Signs Decree on Implementation of Cryptocurrency and Blockchain

Ed’s Expert Market Insights

Eugene steps in for Ed, so here’s Ben’s notes on the Terra Luna Foundation/$UST/Sailor Moon situation to which we shoudl all probably be paying attention.

Terra bought alot of BTc,

  • 1.5 billion dollars worth to be precise
  • But then the fates conspired
  • And price started to decline
  • So terra sold back
  • Domino effect
  • UST starts to de-peg so sell more BTC to try and stabilise a stablecoin (WTF?)
  • Now if we go too much lower it’s lights out Michael Sailor

As he borrowed his money for dips

New Home For Binance

B- France have waved the white flag again, this time to CZ Binance, as Binance becomes officially regulated as a digital asset provider.

A — Ooo la la… The landmark achievement for Binance “represents its first DASP registration in the European Union and demonstrates its commitment to being a compliance-first exchange.”

B — This is after even Ireland turned them down for having too many holes in their books. Who says Macron is crooked… Not me…

NEW NEW NEW STORIES

B — Ben talks about CultDao and some other nonesense.

OUTRO

B — That’s all from us until Wednesday, folks!

A — Please remember, as endlessly optimistic as we are, we’re not financial advisors, but if you enjoyed the show, subscribe and like the video…

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Benjamin S Bateman

Over-opinionated hyphen-abuser, lover of words, and magical internet money community management extraordinaire.