TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There’s an oversupply of NFTs, leading to a buyer’s market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.
Once again, so many things currently wrong with the USA can be traced back to the Regan administration.
The fairness doctrine of the United States Federal Communications Commission (FCC), introduced in 1949, was a policy that required the holders of broadcast licenses both to present controversial issues of public importance and to do so in a manner that fairly reflected differing viewpoints.[1]
In 1987, the FCC abolished the fairness doctrine
The demise of this FCC rule has been cited as a contributing factor in the rising level of party polarization in the United States
After that news programs had no responsibility to be truthful in any real sense.
Thanks for this educational post, TIL I learned something interesting (and sad/infuriating).
Cheers.
I wasn’t joking when I wrote this:
What, like your education system is so bad you can’t even spell the names of your presidents? 😂
I am not american…
It is possible to know the history of another country but get something wrong occasionally.
Correcting spelling mistakes is the lowest rung of internet comments…
It’s a joke on the mess that Reagan made of the education system, chill out
Yeah. https://www.educationnext.org/remembering-nation-risk-reflections-politics-policy/
Abolish the Department of Education. School choice vouchers. Standardized testing. All these memes started with Reagan. Not Regan, his Secretary of Treasury, but a lot of people confused Ronald Reagan and Donald Regan, even at the time.
Nah, that was just a spelling mistake from a non-american, I have never heard of Donald Regan (and don’t know if that is a joke or not)
No sweat, friend. I was just using the opportunity to extend the “It’s all Reagan’s fault” train. And Donald Regan was a real guy appointed by Ronald Reagan. They didn’t have the diversity of names we do now, so a lot of them repeated, rhymed, or required a middle initial to differentiate. Like all the George Bushes - GWB, GPB, GHWB…
Cheers for the info.
In the wise words of Killer Mike: “I’m glad Reagan dead”
Same.
It’s a shame his Alzheimers didn’t hit in 1981.
From some reports I have read about his time in the white house it had definitely started before he left office.
That’s probably likely, but I mean like… full-on, undeniable, this guy can’t run the country Alzheimer’s.
Not that it would have mattered a ton. Bush was just as corrupt, but who knows? All we know in retrospect is that Reagan was an absolute atrocity for the working class in this country.
I’m not convinced the yanks had anything in place to deal with that. Look at recent demented presidents.
I’m not convinced the yanks had anything in place to deal with that. Look at recent demented presidents.
I believe there’s an act covering presidential disability, dating from long before Reagan, due to a president’s wife having effectively run the country for a couple of years while her husband was too ill to get out of bed. That would probably cover obvious and serious dementia as well. (Not my country, though, so I may have it wrong.) Problem with the recent Republican presidents is that their insanity is plausibly deniable, if your worldview is damaged enough already.