Article: They were ancient internet memes. Now NFTs are making them rich

Crypto, Money

They were ancient internet memes. Now NFTs are making them rich

Their faces were the backdrop of the 2010s. Now the likes of Scumbag Steve and Bad Luck Brian are cashing in with non-fungible tokens.

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.

Read full article

Article: So many people don’t have internet — and it’s not their fault

Academia, Access, Civil Society

So many people don't have internet — and it's not their fault - Social GoodSo many people don’t have internet — and it’s not their fault

The pandemic has proven that consistent access to high-speed internet is an essential good. Without it, urgent tasks like applying for unemployment, attending school, scheduling a vaccine appointment, and seeing loved ones are difficult or impossible. Those who’ve finally gotten connected during the pandemic say it provides a sense of normalcy and safety amidst crisis. Advocates of equitable access say the internet is no luxury but instead a utility like water, gas, or electricity, and that Americans like Wright shouldn’t be left behind to bridge the digital divide on her own.

Read full article

Article: The Node: Bitcoin Is ‘Armageddon Insurance’?

Crypto

The Node: Bitcoin Is ‘Armageddon Insurance’?

Governments plugged into the fiat-based, global financial system are unlikely to reap any of the uncensorable benefits bitcoin provides. And while bitcoin is a comparatively cheap way to move large amounts of capital, Angel thinks governments have gotten hip to the “technological revolution” and will have their own stablecoin-like central bank digital currencies (CBDCs) online soon.

But what of the digital gold narrative? Of course no government would hold bitcoin to transact with – no, people do that!

Read full article