buttcoin: my kids know me as this ape

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > buttcoin: my kids know me as this ape

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gschmidl: Sep 3, 2011; watch with knife hands

FrozenVent posted:

petition to change the quote button to �dox�

# ? Jun 12, 2021 13:41

Adbot: ADBOT LOVES YOU

# ? Apr 19, 2024 10:08

Shumagorath: Jun 6, 2001

FrozenVent posted:

petition to change the quote button to �dox�

# ? Jun 12, 2021 13:43

Paladinus: Jan 11, 2014; heyHEYYYY!!!

I approve.

# ? Jun 12, 2021 13:52

Splicer: Oct 16, 2006; from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

FrozenVent posted:

petition to change the quote button to �dox�

Five confirmations

# ? Jun 12, 2021 14:08

Shumagorath: Jun 6, 2001

Too bad Report can't fit "Break NAP"

# ? Jun 12, 2021 14:13

Zlodo: Nov 25, 2006

FrozenVent posted:

petition to change the quote button to �dox�

# ? Jun 12, 2021 14:20

Chris Knight: Jun 5, 2002; me @ ur posts; Fun Shoe

FrozenVent posted:

petition to change the quote button to �dox�

seconded

# ? Jun 12, 2021 14:59

Pile Of Garbage: May 28, 2007

Shumagorath posted:

Too bad Report can't fit "Break NAP"

!NAP

# ? Jun 12, 2021 15:03

ultrafilter: Aug 23, 2007; It's okay if you have any questions.

FrozenVent posted:

petition to change the quote button to �dox�

# ? Jun 12, 2021 15:14

Xarn: Jun 26, 2015

FrozenVent posted:

petition to change the quote button to �dox�

# ? Jun 12, 2021 15:47

infernal machines: Oct 11, 2012; we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

can threads have their own custom css? i've only ever seen that at the subforum level

# ? Jun 12, 2021 16:48

Pile Of Garbage: May 28, 2007

buttcoin: xtal hosed around with this thread

# ? Jun 12, 2021 16:50

Shumagorath: Jun 6, 2001

Pile Of Garbage posted:

buttcoin: xtal hosed around with this thread

and found out

# ? Jun 12, 2021 16:55

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

don't forget to update the other buttons too

# ? Jun 12, 2021 17:08

Jonny 290: May 5, 2005; [ASK] me about OS/2 Warp

this is going to scam so much out of so many poor people in america sending money home

also the bad podcast had a bit on this scheme and they called out how the el salvadoran president is an extreme bitcoin looking guy

and well

yeah lmao

# ? Jun 12, 2021 17:16

gschmidl: Sep 3, 2011; watch with knife hands

Jonny 290 posted:

yeah lmao

Hello, fellow scalpers!

# ? Jun 12, 2021 17:17

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Jonny 290 posted:

man voted most likely to decorate a lamp post

# ? Jun 12, 2021 17:21

Jonny 290: May 5, 2005; [ASK] me about OS/2 Warp

i'm sure he'll be fine as long as there aren't any violent, powerful supergangs like ms-13 running el salvador

# ? Jun 12, 2021 17:23

Loving Africa Chaps: Dec 3, 2007; We had not left it yet, but when I would wake in the night, I would lie, listening, homesick for it already.

Is there any evidence strike actually convert to bitcoin as an intermediate step or do they just take your real dollars and give the other person tethers? It seems pointless for them to do the conversion so seems like it's a much more straight forward giving you monopoly money for real money scam

# ? Jun 12, 2021 17:40

KnifeWrench: May 25, 2007; Practical and safe.; Bleak Gremlin

Loving Africa Chaps posted:

Is there any evidence strike actually convert to bitcoin as an intermediate step or do they just take your real dollars and give the other person tethers? It seems pointless for them to do the conversion so seems like it's a much more straight forward giving you monopoly money for real money scam

Strike posted:

Let’s walk through a user story. I want to send $1,000 to a friend of mine in El Salvador:

• When I initiate the $1,000 payment, Strike debits my existing USD balance.
• Strike then automatically converts my $1,000 to bitcoins ready for use in its infrastructure using its real-time automated risk management and trading infrastructure.
• Strike then moves the bitcoins across the Gulf of Mexico where it arrives in our Central American infrastructure in less than a second and for no cost.
• Strike then takes the bitcoins and automatically converts them back into USDT (synthetic digital dollar known as Tether) using its real-time automated risk management and trading infrastructure.
• Strike then credits the existing user with the USDT to their Strike account.

things to note:
- only one of these steps claims to be without cost
- two of them hand wave over a black box proprietary algorithm
- tether doesn't have a lightning network, I don't think

it's probably a bad idea to claim to put things in a public ledger when you aren't actually doing it. of course, these guys are about as far as you can get from immune to bad ideas, but given points 1 and 2, they have an incentive to use their "automated risk management and trading infrastructure" as many times as they can get away with

# ? Jun 12, 2021 18:28

Andy Dufresne: Aug 4, 2010; The only good race pace is suicide pace, and today looks like a good day to die

It can't be that stupid, you must be explaining it wrong

# ? Jun 12, 2021 18:41

bob dobbs is dead: Oct 8, 2017; I love peeps; Nap Ghost

Jonny 290 posted:

i'm sure he'll be fine as long as there aren't any violent, powerful supergangs like ms-13 running el salvador

he runs the gangs

# ? Jun 12, 2021 18:42

Paladinus: Jan 11, 2014; heyHEYYYY!!!

Nobody is going to use bitcoin anyway, so this decision will have almost zero impact on their crumbling economy. It's exactly the same as with services that decide to accept butts, and then nothing happens, and they quietly shut down the whole thing.

# ? Jun 12, 2021 18:50

FrozenVent: May 1, 2009; The Boeing 737-200QC is the undisputed workhorse of the skies.

KnifeWrench posted:

things to note:
- only one of these steps claims to be without cost
- two of them hand wave over a black box proprietary algorithm
- tether doesn't have a lightning network, I don't think

it's probably a bad idea to claim to put things in a public ledger when you aren't actually doing it. of course, these guys are about as far as you can get from immune to bad ideas, but given points 1 and 2, they have an incentive to use their "automated risk management and trading infrastructure" as many times as they can get away with

wow this is so much better than using western union because

�help me out here

# ? Jun 12, 2021 19:14

Hammerite: Mar 9, 2007; And you don't remember what I said here, either, but it was pompous and stupid.; Jade Ear Joe

FrozenVent posted:

wow this is so much better than using western union because

�help me out here

no fees*!
decentralised**!
no government interference***!

# ? Jun 12, 2021 19:17

gschmidl: Sep 3, 2011; watch with knife hands

FrozenVent posted:

wow this is so much better than using western union because

�help me out here

no declared fees!

# ? Jun 12, 2021 19:22

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

FrozenVent posted:

wow this is so much better than using western union because

�help me out here

union is the opposite of decentralised

# ? Jun 12, 2021 19:24

ultrafilter: Aug 23, 2007; It's okay if you have any questions.

FrozenVent posted:

wow this is so much better than using western union because

�help me out here

number go up

# ? Jun 12, 2021 19:29

ultrafilter: Aug 23, 2007; It's okay if you have any questions.

https://twitter.com/halfin/status/1153096538

# ? Jun 12, 2021 19:35

Shumagorath: Jun 6, 2001

it's simple, we kill the bitcoin

# ? Jun 12, 2021 19:35

Loving Africa Chaps: Dec 3, 2007; We had not left it yet, but when I would wake in the night, I would lie, listening, homesick for it already.

KnifeWrench posted:

things to note:
- only one of these steps claims to be without cost
- two of them hand wave over a black box proprietary algorithm
- tether doesn't have a lightning network, I don't think

it's probably a bad idea to claim to put things in a public ledger when you aren't actually doing it. of course, these guys are about as far as you can get from immune to bad ideas, but given points 1 and 2, they have an incentive to use their "automated risk management and trading infrastructure" as many times as they can get away with

Yeah but even in their own explanation the users never touch bitcoin so strike is sending bitcoin to.... itself? Over a private LN??? The only explanation I can think for doing that is to get round anti money laundering laws which come to think of it makes perfect sense.

# ? Jun 12, 2021 19:45

Eeyo: Aug 29, 2004

yeah it sounds so convoluted, like why not just accept the money and send tethers out in El Salvador? the bitcoin just does not sound like it does anything whatsoever.

# ? Jun 12, 2021 20:24

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Eeyo posted:

yeah it sounds so convoluted, like why not just accept the money and send tethers out in El Salvador? the bitcoin just does not sound like it does anything whatsoever.

just including bitcoin in any process makes it at least 83% simpler and more efficient

# ? Jun 12, 2021 20:26

SubG: Aug 19, 2004; It's a hard world for little things.

Eeyo posted:

yeah it sounds so convoluted, like why not just accept the money and send tethers out in El Salvador? the bitcoin just does not sound like it does anything whatsoever.

it is a bitcoin use case, yes

# ? Jun 12, 2021 21:47

divabot: Jun 17, 2015; A polite little mouse!

Jonny 290 posted:

also the bad podcast had a bit on this scheme and they called out how the el salvadoran president is an extreme bitcoin looking guy

ooh what podcast?

Loving Africa Chaps posted:

Is there any evidence strike actually convert to bitcoin as an intermediate step or do they just take your real dollars and give the other person tethers? It seems pointless for them to do the conversion so seems like it's a much more straight forward giving you monopoly money for real money scam

lol no

so some big coiner on twitter is insisting that I am a LYING LIAR who LIES because they're apparently not doing it the way the CEO of Strike said directly that they were, and they're TOTALLY setting up proper USD channels in El Salvador to send USD out via the Strike network. These tweets are the first documentation of this in any manner. I've asked if there's checkable detail on any of this as yet.

# ? Jun 12, 2021 21:58

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

divabot posted:

ooh what podcast?

the bad one

# ? Jun 12, 2021 22:00

Shumagorath: Jun 6, 2001

Boxturret posted:

the bad one

chapo

# ? Jun 12, 2021 22:05

EorayMel: May 30, 2015; WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Fran�ais.

divabot posted:

ooh what podcast?

lol no

so some big coiner on twitter is insisting that I am a LYING LIAR who LIES because they're apparently not doing it the way the CEO of Strike said directly that they were, and they're TOTALLY setting up proper USD channels in El Salvador to send USD out via the Strike network. These tweets are the first documentation of this in any manner. I've asked if there's checkable detail on any of this as yet.

when did ham sandwiches become a twitch superstar

# ? Jun 12, 2021 22:11