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Nonfungible Tidbits: The week ending March 18th's bitcoin, cryptocurrency, and NFT news.

Thousands of lines of code are written in the shadows of the internet by anonymous programmers whose names are unknown to the authorities.

Responsible diplomacy is anticipating how other regimes will react to perceived threats—and acting to avert wars by recognizing and addressing these views. The US appears to be more concerned in virtue signaling.

As extraordinary penalties on Russia stoke global appetites for currency alternatives, Saudi-Chinese talks 'accelerate.'

The Turkish lira had lost 44 percent of its value versus the dollar in one year before handing over the unenviable distinction of the world's worst-performing currency to the Russian ruble. Its purchasing power at home has also dwindled: depending on whether you believe official figures or private assessments, inflation in Turkey ranges from 54% to 124%. So, how did the residents react? For one thing, the tech-savvy classes opted for cryptocurrency.

'[A]ny electronic-cash model that necessitates regular human oversight will eventually be captured by the same legal regimes that govern the legacy financial system, because the presence of human actors (who, of course, can be fined, jailed, or forced into plea bargains) represents a vulnerability that government actors can and will exploit to assert control. The one-sentence explanation for bitcoin's success is that it solves this challenge in what appears to be the only way possible: by removing human decision makers entirely from the system.'

Another complaint has been filed against Meta, formerly known as Facebook, for its role in facilitating dubious crypto advertising on its social media network.

Ukraine has passed legislation that establishes a legal framework for the country's cryptocurrency business.

On March 16, 2022, Ukraine's President signed the bill 'On Virtual Currency.'

A video of Ukraine President Volodymyr Zelenskyy telling his people to give up is fake. It was made with pictures from press conferences.