The smart contracts that underpin NFTs mean that, unlike traditional art auctions, the original creators can ensure they take a cut of any future sales too. Most of the OG meme NFTs are being auctioned via Foundation, which gives a standard ten per cent share of any future sales to the person who minted the original NFT.
For now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done. It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t come through on cue, however, it might be as well to brace for another bitcoin bump.
A pressure group set up by Austrian privacy activist and lawyer Max Schrems has launched a new campaign in France, this time complaining that Google’s Android advertising tool violates European Union rules by failing to get users’ consent.
noyb (none of your business), established by Schrems to take on the Internet giants and others over perceived privacy violations in Europe, said it launched action against the Android Advertising Identifier (AAID) claiming that the “somewhat hidden ID” allows Google and all apps on the phone to track a user and combine information about online and mobile behavior.
“While these trackers clearly require the users’ consent (as known from ‘cookie banners’), Google neglects this legal requirement,” said noyb.