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Shumagorath
Jun 6, 2001
Spirit refers to the B2 kept on 24/7/365 airborne alert with the backup copy of my private key

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Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

quote:

Will the darn geoengineering EVER end?
Geo engineering also called Environmental Modification is great if they use it to steer natural hurricanes away from the coastlines … but the Shadow Government is using the same technique as a weather weapon. That's the problem they actually direct the storms to certain areas of the world to cleared out.

They also use it to test its accuracy, which they have issues with. It's crazy. The shadow government doesn’t use it for the good of all, they use it to wipe out areas, and people. They even use it as retaliation to world leaders that are not falling in line. It's completely manipulated. I mean, ask yourself, how does a major hurricane just sit there for five days hovering, and it doesn't move? I mean, if you even look at it with intelligence, and common sense, it's so obvious that it's being manipulated. And I can “See” the unnatural energy movements within the hurricanes.

ah

gschmidl
Sep 3, 2011

watch with knife hands

Someone read that Michael Crichton book where he fell off the deep end.

Shame Boy
Mar 2, 2010

guys i'm starting to think this whole shadow government thing might be up to no good, maybe we should vote them out of office or something

orange juche
Mar 14, 2012



what does the shadow government think of birdbaths, and the laptops stored within

Soricidus
Oct 21, 2010
freedom-hating statist shill
they own all the birdbath factories, and all the retailers. they know who has one.

Clockwerk
Apr 6, 2005


thats why you hvea to 3d print your own birdbath

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
the true captain of industry hand carves their birdbath out of a solid block of granite

Soricidus
Oct 21, 2010
freedom-hating statist shill
proof of work indeed

Clockwerk
Apr 6, 2005


Soricidus posted:

proof of work indeed

I cannot believe what he wrote it!

divabot
Jun 17, 2015

A polite little mouse!
here's what I just posted about DeFi protocol Compound, in today's newsletter

Just as crypto is the history of financial scams on fast forward, Decentralised Finance is the history of crypto scams on fast forward — first as farce, then as bigger farce.

How DeFi works:

* Yield farmers on the Compound protocol — who get COMP tokens for making transactions — are manipulating the USDT market on Compound to generate COMP for themselves, because they can.
* The crypto venture capitalists who control the “decentralised” Compound protocol — most prominently Andreesen Horowitz and Robert Leshner, the CEO of Compound — are twiddling the reserve percentage, because they can. [Compound]
* They aren’t bothering to fix the actual broken USDT market, because they don’t have to.
* $COMP is being listed on Coinbase tomorrow — Andreesen Horowitz were Coinbase investors, and Coinbase are Compound investors — and I’d just like you to picture the dump after this pump. [Coinbase blog]

The purpose seems to be to skim dimes from suckers, and funnel them to Andreesen Horowitz. If you ever wonder “why did COMP think X was a good idea,” that’s the answer.

Crypto fans look forward to luring fresh suckers into crypto by talking up the unfeasible interest rates on DeFi — “much like the ICO bubble.”

It is difficult to overstate how laughably illegal it would be to run an “investment” market in this manner outside crypto — or inside crypto, if the SEC ever notices. This makes the Telegram ICO scam look defensible.

Gosh, this poker table seems completely devoid of suckers!

https://twitter.com/tonysheng/status/1274393189231689728

also, I'd like to introduce DeFi Karen, my new favourite twitter

https://twitter.com/defikaren/status/1274579738074460160

kw0134
Apr 19, 2003

I buy feet pics🍆

first you lose all your money when the actual security falls through the floor
then you lose all your money when the exchange holding your security gets "hacked"
trying to make up for lost time you invest in similar securities that are the same except the serial numbers are filed off, and lose all your money
then you lose all your money for a fourth time when you keep to the original security by do it via shady operators on ridiculous margins
finally a derivative of the secondary token you're trying to trade is designed to efficiently pump money right from your wallet into theirs
thus is the apotheosis of the financial markets as experienced by the retail side is realized

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
bitcoin chief scientist says bitcoin is bad and unusable

https://twitter.com/ButtCoin/status/1274177076841635840

Shame Boy
Mar 2, 2010

trustlessly tokenized and loving it

Weatherman
Jul 30, 2003

WARBLEKLONK

kw0134 posted:

first you lose all your money when the actual security falls through the floor
then you lose all your money when the exchange holding your security gets "hacked"
trying to make up for lost time you invest in similar securities that are the same except the serial numbers are filed off, and lose all your money
then you lose all your money for a fourth time when you keep to the original security by do it via shady operators on ridiculous margins
finally a derivative of the secondary token you're trying to trade is designed to efficiently pump money right from your wallet into theirs
thus is the apotheosis of the financial markets as experienced by the retail side is realized

then they keep laughing at you

Qwertycoatl
Dec 31, 2008

divabot posted:

Gosh, this poker table seems completely devoid of suckers!

https://twitter.com/tonysheng/status/1274393189231689728

it's amazing how on reading this i have no idea how the scheme is acutally supposed to work but it's so incredibly obviously a scam

Shame Boy
Mar 2, 2010

Qwertycoatl posted:

it's amazing how on reading this i have no idea how the scheme is acutally supposed to work but it's so incredibly obviously a scam

i think this is all you need to know, some service gives you fun bux if you borrow other fun bux through them, and the fun bux are currently worth more than the transaction fees, and this is a stable sustainable situation that will exist forever and you're very clever if you get in on it now before everyone else knows about it:

https://twitter.com/tonysheng/status/1274394321853100032

then to make it extra great, you borrow tokens and then lend the borrowed tokens to other people:

https://twitter.com/tonysheng/status/1274394796681879552

now if it were me i'd make another account and borrow from myself, then lend it back to myself, infinity many times, until i've made infinity money

Shame Boy
Mar 2, 2010

also i love that this dude's idea of risk is apparently "potential reward multiplier > potential risk multiplier = good idea"

https://twitter.com/tonysheng/status/1274396167292416002

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe
https://twitter.com/nic__carter/status/1274835959042002944

lmao. this guy's idea of a late-twenties social circle with all the millenials wearing bowties and eagerly sharing stories about the gold standard and Amelia Earhart

e: owl guy retweeted this, that's how it came up

jre
Sep 2, 2011

To the cloud ?



Boxturret posted:

bitcoin chief scientist says bitcoin is bad and unusable

https://twitter.com/ButtCoin/status/1274177076841635840

This is art

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Shame Boy posted:

also i love that this dude's idea of risk is apparently "potential reward multiplier > potential risk multiplier = good idea"

https://twitter.com/tonysheng/status/1274396167292416002

It's never 'don't put your life savings into this', but always 'educate yourself before putting your life savings into this thing that is definitely less risky than putting money into a regular bank'.

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Hammerite posted:

https://twitter.com/nic__carter/status/1274835959042002944

lmao. this guy's idea of a late-twenties social circle with all the millenials wearing bowties and eagerly sharing stories about the gold standard and Amelia Earhart

e: owl guy retweeted this, that's how it came up

My mates mostly discuss video games, kids, house renovations, work, and memes. But I'm slightly over 30, so maybe it's normal. Really don't want to hang out with the uncool people who, uh, 'buy the index'.

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Paladinus posted:

My mates mostly discuss video games, kids, house renovations, work, and memes. But I'm slightly over 30, so maybe it's normal. Really don't want to hang out with the uncool people who, uh, 'buy the index'.

Apparently the guy who posted this was making a joke. In my defence 1) I hadn't had any coffee yet 2) the rest of his twitter is pro-blockchain/extremely tedious tech stuff 3) butt coin.

PotatoJudge
May 22, 2004

Tell me about the rabbits, George
Twitter thread about the dread and anger of a waiter who has to go back to work and deal with maskless idiots:

https://twitter.com/filmaroni/status/1274764232589017088

Downthread Bruce Fenton has an opinion:

https://twitter.com/brucefenton/status/1274896476251066368

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
https://www.youtube.com/watch?v=3GRSbr0EYYU

wait
https://www.youtube.com/watch?v=sjcwIrUpnlo

cool they included the original fenton: bruce "bruce fenton" fenton

Boxturret fucked around with this message at 20:31 on Jun 22, 2020

rjmccall
Sep 7, 2007

no worries friend
Fun Shoe

Hammerite posted:

Apparently the guy who posted this was making a joke.

sortof. it's a reference to some normal finance guy of the tedious-but-generally-correct "young people should save more" type who made a clueless post about how those young people should seek out circles of friends that like talking about investment

Axe-man
Apr 16, 2005

The product of hundreds of hours of scientific investigation and research.

The perfect meatball.
Clapping Larry
The kind of guy that was an english major and got into finance cause his dad had a CIO in a company. But totally self made, for sure.

divabot
Jun 17, 2015

A polite little mouse!
why didn't we think of this years ago

Only registered members can see post attachments!

Paladinus
Jan 11, 2014

heyHEYYYY!!!

divabot posted:

why didn't we think of this years ago



It's like I'm reading it for the first time again. Simply genius.

Chris Knight
Jun 5, 2002

me @ ur posts


Fun Shoe
oh gently caress

https://twitter.com/coindesk/status/1275111596801417218

Paladinus
Jan 11, 2014

heyHEYYYY!!!
I am all three people familiar with the matter.

Gazpacho
Jun 18, 2004

by Fluffdaddy
Slippery Tilde
Wirecard is not a cryptocurrency firm as such but does provide debit card solutions to crypto companies

seems they borrowed $2bn and have been steadily building up the funds to pay it back this month and whoops, where'd the money go???

quote:

Wirecard AG's auditor Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Munich, informed Wirecard AG that no sufficient audit evidence could be obtained so far of cash balances on trust accounts to be consolidated in the consolidated financial statements in the amount of EUR 1.9 billion (approximately a quarter of the consolidated balance sheet total).

There are indications that spurious balance confirmations had been provided from the side of the trustee respectively of the trustee's account holding banks to the auditor in order to deceive the auditor and create a wrong perception of the existence of such cash balances or the holding of the accounts for to the benefit of Wirecard group companies. The Wirecard management board is working intensively together with the auditor towards a clarification of the situation.

gschmidl
Sep 3, 2011

watch with knife hands

Too fail to big.

kw0134
Apr 19, 2003

I buy feet pics🍆

the whole wirecard situation is absolutely bonkers. i hadn't heard about its crypto operations but if so loving lol.

Chris Knight
Jun 5, 2002

me @ ur posts


Fun Shoe

gschmidl posted:

Too fail to big.

KnifeWrench
May 25, 2007

Practical and safe.

Bleak Gremlin

gschmidl posted:

Too fail to big.

Shumagorath
Jun 6, 2001
I'm the word with two schafts in it.

Paladinus
Jan 11, 2014

heyHEYYYY!!!

gschmidl posted:

Too fail to big.

New thread title. Mods, please!

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

gschmidl posted:

Too fail to big.

:hmmyes:

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Grace Baiting
Jul 20, 2012

Audi famam illius;
Cucurrit quaeque
Tetigit destruens.



Gazpacho posted:

Wirecard is not a cryptocurrency firm as such but does provide debit card solutions to crypto companies

seems they borrowed $2bn and have been steadily building up the funds to pay it back this month and whoops, where'd the money go???

this could never have happened with quintuple entry accounting

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