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CantStopWhatsComin posted:Moral? You dare bring up ethical considerations while still supporting government issued, violence-backed fiat scrip? You have the moral fiber of a turd so I don't expect you to behave like anything but a greedy creep. Ethical considerations are for people who are actually capable of not behaving like criminals. Your own behavior here is exactly what a stalker would do.
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Dec 31, 2020 22:07
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Waltzing Along posted:^^^ Much better than my rambling! Thanks!
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Dec 31, 2020 23:00
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Blotto_Otter posted:There are one of two ways bitcoin advocates address this problem: 1) just yell "you're wrong," with either an incoherent explanation or vague promises that some innovation will change the situation at some vague point in the future, or 2) sidestep it by saying "it's a store of value" rather than a medium of exchange. If #1, then we just go in circles. If #2, then we go down the different argument of why it's a dumb idea for a store of value, which then ends in yelling "you're wrong" with a different incoherent explanation. The bonus round to this is that when someone has actually tried within the btc community to advocate for changes that would make it more viable as a currency or as a store of value, they are prevented from doing so because the miners aren't interested in things other than their bottom line. One of the main causes of the fork wars three years ago was an attempt to make btc go beyond 7 transactions per second, for example
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Dec 31, 2020 23:21
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"Bitcoin is a response to the heavyhandedness of FIAT banking!" "Okay, here are some changes to make it easier and more useful." "BUT THAT WILL DILUTE THE POWER OF EXISTING BITCOIN HOLDERS, gently caress YOU GOT MINE"
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Dec 31, 2020 23:44
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Blotto_Otter posted:The only way I know of to quickly pull out real money is to have your BTC on a banked exchange like Coinbase, and sell it for USD/withdraw USD when you need to. (And I use "quickly" as a relative term, since I have no idea how fast Coinbase is about wiring out USD, or how deep their order book is and how soon you might crash the price if you try selling a lot at once.) But of course that defeats some of the supposed purpose of having bitcoin in the first place, as to do that you're not actually in possession of your bitcoin, the exchange is, and you're at the mercy of the exchange and their trustworthiness and security - and you're not actually transacting anything on the blockchain, you're just making trades with other Coinbase customers on Coinbase's own ledgers. This situation is even *more* centralized than trading in stocks and bonds - at least in those markets, the brokerages that hold your securities are not one and the same with the exchange on which they are traded. but number go up! checkmate nocoiners
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Jan 1, 2021 00:29
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nothing says "decentralized currency" like a rational attempt to change the rules of the open-source project more towards long-term adoption being strangled in the crib because the guy who sells all the shovels (Jihan Wu) individually said no
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Jan 1, 2021 00:48
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there is this old man at my work who we hired to do menial stuff and in the past month he's been talking nonstop about bitcoin and how he's putting entire (meager) paychecks into it because money is going to stop existing soon and how he's getting his wife and adult daughter to do the same. he can barely use a computer, has almost no English and buys them all through some service where you have to meet up with people irl and give them cash. it's like watching someone in the grip of a vicious MLM scheme.
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Jan 1, 2021 04:38
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Never forget that Satoshi (blessed be His teeth) said in the Holy Whitepaper that Bitcoin was supposed to be a proof of concept and was never meant to be used as a serious currency / store of value / etc. He/They expected that a better version would come along to replace the original Buttcoins.
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Jan 1, 2021 05:43
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DerekSmartymans posted:How would a Bitcoin holder run such a business? If your empire dwarfed his USD with 1 billion “worth” of btc, can you withdraw a lot of money quickly to pay for needed big machinery replacement or even just to cover payroll? Especially if you got in as missing the Goxxing and haircuts and had a billion dollars in Tether? Can you function in the real financial world and buy a Ford 250 with Bitcoin? Can you pay for Netflix with a “smart” contract, and get your overweight brother a large order of McDonald’s fries with lite coin? Sponsor a NASCAR team with Doge (wait, I meant Etherium)? At one point you could buy steam codes with shitcoin but the price fluctuated too much so they got rid of that.
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Jan 1, 2021 06:06
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Dmitri-9 posted:At one point you could buy steam codes with shitcoin but the price fluctuated too much so they got rid of that. They were using a pass thru company and didn't touch the butts themselves. Didn't they stop it because like nobody used it?
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Jan 1, 2021 07:20
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necrotic posted:They were using a pass thru company and didn't touch the butts themselves. Didn't they stop it because like nobody used it? Their official reason was "high fees and volatility", plus the erratic transaction times and the problem of fees for every additional transaction, if there wound up being a shortfall, overpayment, or other reason to give the customer a refund.
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Jan 1, 2021 07:54
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Dmitri-9 posted:At one point you could buy steam codes with shitcoin but the price fluctuated too much so they got rid of that. I remember that. Even though btc is some weird hybrid cash on PayPal now, I wonder how long the idiot coiners are going to cause trouble trying new financial schemes that the service will actually see revenue go down when they find out their brand is associated with confidence schemes and child porn distribution. Also I find it funny if you read the small print on all of the so-called “partnerships” with mainstream finance either keep btc as far away as possible from real banking activity and some alts are even paid in USD to “adopt” their crapcoiins. Even sex workers (like cam girls) no shitcoin isn’t money or have any value. I wish I’d saved the log of the evangelist trying to patronize them (females are stupid, you see) into adopting btc. And they recognize immediately how lovely the ecosystem around Monopoly money and holders actually are.
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Jan 1, 2021 08:15
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kw0134 posted:"Bitcoin is a response to the heavyhandedness of FIAT banking!"
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Jan 1, 2021 09:32
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serious question: what legal things do people buy with bitcoin?
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Jan 1, 2021 09:54
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Calvin Johnson Jr. posted:serious question: what legal things do people buy with bitcoin? Quarters for the laundry machines down the street?
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Jan 1, 2021 10:12
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Calvin Johnson Jr. posted:serious question: what legal things do people buy with bitcoin? They can pay to transfer btc from one wallet to another
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Jan 1, 2021 10:28
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Calvin Johnson Jr. posted:serious question: what legal things do people buy with bitcoin? every time you buy something with bitcoin you're committing the sin of not hodling and robbing your future self of that deflation value why yes this is a lovely way to run a currency, yes of course
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Jan 1, 2021 10:41
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Is there an up to date Zaurg thread?
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Jan 1, 2021 10:58
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https://twitter.com/SilvermanJacob/status/1344992276280471555 I guess there is real money flowing into bitcoin right now. I hope some little people were able to take profit off of this rear end in a top hat.
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Jan 1, 2021 16:11
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loving lol that the story switched from "it made me ultra wealthy" to "this will be what breaks capitalism" as soon as Seraph realised that the former was no longer a good look
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Jan 1, 2021 17:24
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Somfin posted:loving lol that the story switched from "it made me ultra wealthy" to "this will be what breaks capitalism" as soon as Seraph realised that the former was no longer a good look “This is going to break capitalism and become the currency of the future. My net worth goes up by $200,000 every day” The gently caress is the point of counting your net worth in dollars then?
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Jan 1, 2021 17:59
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It's almost like people who are into Bitcoin are morons
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Jan 1, 2021 18:17
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Beefed Owl posted:It's almost like people who are into Bitcoin are morons “Almost?”
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Jan 1, 2021 18:30
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You’d think that if you were so sure of the “singularity” coming, you’d use your “insider knowledge” to take steps to make sure you were well off in the upcoming times. Anyone would love to see even a glimpse of the future, for example, someone with prior knowledge of the upcoming pandemic could’ve made a killing on toilet paper, then hand sanitizer, etc. If capitalism was coming down, how would you even prepare? I guess buying land in the middle of nowhere and preparing it so you could hunker down while poo poo hits the fan, I guess. Making it secure, stocking it with food, etc. If you’re so sure of bitcoin, setting up generators and satellite relays so you can make sure you can trade with them in the future (I know, it’s laughable already but bear with me). Getting your own self-sufficient place and maybe get some farming going, something you can offer to the starved masses of nocoiners to trade. Instead the dude is wasting money in accounts and buying a crappy place in NYC of all places, sure that property will hold value when “capitalism goes down”. Alternatively, post your NYE dinner seraph, show us the kind of lavish spread bitcoin can buy, I’m sure it will be scrumptious and not laughable at all
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Jan 1, 2021 18:52
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Preparing for the fall of capitalism by being rich is the dumbest take. If your rich, capitalism didn't fall
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Jan 1, 2021 18:54
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Somfin posted:loving lol that the story switched from "it made me ultra wealthy" to "this will be what breaks capitalism" as soon as Seraph realised that the former was no longer a good look The capitalist value of bitcoins is very simply a measure of how well it is murdering capitalism, obviously.
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Jan 1, 2021 19:04
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Calvin Johnson Jr. posted:serious question: what legal things do people buy with bitcoin? assassination contracts may be legal depending on your corporate jurisdiction
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Jan 1, 2021 19:10
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Blotto_Otter posted:The core problem that bitcoin advocates keep dancing around is that bitcoin is fundamentally unviable as a medium of exchange. The design of bitcoin, from both a technical and an economic standpoint, make it such that it is never going to see widespread use as a form of money. Inherently deflationary, not fungible, low transactional capacity, high transactional expenses, extremely difficult to use, extremely difficult to secure, inherently public and non-anonymous - this is not a desirable set of attributes for a medium of exchange!
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Jan 1, 2021 20:04
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d0s posted:there is this old man at my work who we hired to do menial stuff and in the past month he's been talking nonstop about bitcoin and how he's putting entire (meager) paychecks into it because money is going to stop existing soon and how he's getting his wife and adult daughter to do the same. he can barely use a computer, has almost no English and buys them all through some service where you have to meet up with people irl and give them cash. it's like watching someone in the grip of a vicious MLM scheme. This dude is definitely getting scammed, and I don’t mean in the «Bitcoin is a ponzi» sense
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Jan 1, 2021 20:14
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Zefiel posted:Alternatively, post your NYE dinner seraph, show us the kind of lavish spread bitcoin can buy, I’m sure it will be scrumptious and not laughable at all  Happy New Year, nocoiners! (USER WAS PUT ON PROBATION FOR THIS POST) (USER WAS PERMABANNED FOR THIS POST)
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Jan 1, 2021 20:37
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Somfin posted:loving lol that the story switched from "it made me ultra wealthy" to "this will be what breaks capitalism" as soon as Seraph realised that the former was no longer a good look
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Jan 1, 2021 20:39
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PussyJusConnoisser posted:I had a simple feast of Pussy Au Jus. god drat are you just bizarro universe evil ulilillia or what
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Jan 1, 2021 20:45
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Stefan Prodan posted:god drat are you just bizarro universe evil ulilillia or what
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Jan 1, 2021 20:46
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putting everything else aside who the gently caress keeps their toothbrush in a corner of their bedroom
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Jan 1, 2021 20:46
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Can someone post that photo of the TFR goon with all his guns on the bed? (his handle was Micro-something?) as a palate cleanser, thanks in advance
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Jan 1, 2021 20:46
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Zefiel posted:Can someone post that photo of the TFR goon with all his guns on the bed? (his handle was Micro-something?) as a palate cleanser, thanks in advance
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Jan 1, 2021 20:47
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Zefiel posted:(his handle was Micro-something?) microwaves mom but flabby and lying on a gun bed
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Jan 1, 2021 20:57
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PussyJusConnoisser posted:I had a simple feast of Pussy Au Jus. Bitcoin: thread eternally sponsored by Seraph84 and Crest's products for the bedside nnnotime fucked around with this message at 21:19 on Jan 1, 2021 |
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Jan 1, 2021 21:01
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PussyJusConnoisser posted:If you want to see some real guns, I can take the robe off and have my wife take another photo... Yes yes I'm sure your dong size is as impressive as your interior decor. Bacon Terrorist fucked around with this message at 21:04 on Jan 1, 2021 |
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Jan 1, 2021 21:01
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PussyJusConnoisser posted:I had a simple feast of Pussy Au Jus. Based on that bedroom, looks like bitcoin is really paying off.
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Jan 1, 2021 21:51
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