Zuck justified those high fees by explaining that Facebook (no, I’m not going to call it “Meta” either, because see above) will be building up its online VR business at a loss for a while, including by subsidizing devices. This speaks to one of the other huge warning signs for Facebook’s pivot. It’s already pretty clear very few people actually want to use VR, especially in the … [Read more...] about Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand
nonsensical
Banning cryptocurrencies to counter crime is a nonsensical excuse
Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in its infancy, it seems to attract hackers. Even so, banning crypto will not dissuade hackers … [Read more...] about Banning cryptocurrencies to counter crime is a nonsensical excuse