Crypto Meme Not Yet Confirmed as NASCAR Sponsor

NASCAR driver Brandon Brown — he of the “Let’s Go Brandon” fame — has secured sponsorship from cryptocurrency meme coin LGB.coin.io for his 2022 Xfinity Series ride.

However, there’s one problem — NASCAR has yet to approve it.

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Using Your Tesla to Mine Bitcoin is a No-Go

As I type this, it’s been less than 24 hours since Tesla announced v.9 of their Full Self Driving Beta. Full Self Driving, as the name implies, claims to use advanced artificial intelligence software along with a whole host of sensor arrays and digital inputs to get you and your passengers from point A to point B with minimal inputif any.

Tesla’s bombastic ring leader, Elon Musk, has called this latest version of his autonomous tech “mind-blowing”, and has touted the computing power of Tesla’s “Full Self Driving Chip” as the key to making all this possible. Since that chip’s reveal in 2019, however, Musk has become almost as famous as a pitch-man for cryptocurrencies on Saturday Night Live as he already was as a carmaker, which begs the question: could your Tesla really pay for itself mining for crypto?

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Former Banker Wants Wealthy Individuals to Share Racing Cars Via New App

The former digital chief of Credit Suisse, Marco Abele, intends to introduce an app allowing wealthy individuals to share ownership of experiential assets — things like vineyards, works of art, and even fine automobiles.

Abele calls the digital service a “blockchain-based investment platform,” which is just a bullshit businessman buzzword way to say there will be a transaction ledger. By keeping things transparent, the group’s owners can ensure nobody gets financially burned when someone drives a shared $300,000 Lamborghini Huracan Super Trofeo Evo into a barricade.

At any rate, it sounds like communism for rich people.

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  • IBx1 Took them long enough to make the dashboard look halfway decent in one of their small trucks.
  • Mcs You're right. I'd add to that right now, demand is higher than supply, so basic business rules say to raise the price. The battery tech is rapidly changing too. A battery tech in production today probably won't be what you're using in 2 years. In 4 years, something different. Lithium, cobalt, and nickel. Now cobalt and in some cases nickel isn't needed. New materials like prussian blue might need to be sourced. New sources might mean investing in mines. LMFP batteries from CATL are entering production this year and are a 15% to 20% improvement in density over current LFP closing the density gap with NCA and NCM batteries. So, more cars should be able to use LMFP than were able to use LFP. That will lower costs to automakers, but I doubt they'll pass it on. I think when the order backlogs are gone we'll stop seeing the increases. Especially once Tesla's backlog goes away. They have room to cut prices on the Model Y and once they start accumulating unsold vehicles at the factory lot, that price will come tumbling down.
  • Acd Fifteen hundred bucks for OnStar makes some of the crap Southeast Toyota Distributors and Gulf States Toyota forces their customers to buy seem like a deal.
  • EBFlex Remember when Ford was all self pleasuring about the fake lightning starting under $40k? We all knew it was BS then and that Ford was taking a massive loss just to make that happen. This solidifies that.
  • SCE to AUX Matt, I think you've answered the question well.