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Alan Smithee posted:Do the Wrong Thing
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Jul 15, 2021 00:56
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what if instead of having fake money that fluctuates wildly in value we just had postal banking to address the amount of people that are unbanked Spike. you loving bitch rear end
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Jul 15, 2021 01:10
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yes the people who own all the money is going to sit, powerless, as we trade e-pogs instead. that is what fixes centuries of social inequities
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Jul 15, 2021 01:12
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To this day I don't understand what banked means in terms of bitcoins, and why people who are unbanked now would be able to get banked with bitcoin. To get any bits and pay with them, by definition, you need internet access. Like, the ad is for an online bits service. Right now, on the internet, I can bank myself by getting a virtual visa card for free. How is bitcoin more functional or more accessible than that exactly?
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Jul 15, 2021 01:19
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something something MEN WITH GUNS something something CAGE something something AGE OF CONSENT
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Jul 15, 2021 02:02
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Paladinus posted:To this day I don't understand what banked means in terms of bitcoins, and why people who are unbanked now would be able to get banked with bitcoin. To get any bits and pay with them, by definition, you need internet access. Like, the ad is for an online bits service. Right now, on the internet, I can bank myself by getting a virtual visa card for free. How is bitcoin more functional or more accessible than that exactly? well you see "legacy banks" are shackled by things like 'federal regulations requiring basic customer identification' and 'having to report suspicious activity' whereas with Bitcoin you can "be your own bank" in that you can just crime unfettered* (Actually a public ledger with a static wallet address means you can be traced easily. See: Ulbricht, Ross.) also the ACH system allows for fraud reversals which has always made the worst people mad
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Jul 15, 2021 02:21
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i think bitcoiners consider "banked" to mean "has a savings account" and not like, "has access to inexpensive credit and investment and other banking services" so obviously the problem is unbanked people don't have a place to put their savings, so all we need to do to solve wealth inequality is make it so poor people can put virtual money in their virtual piggybank and then if they're still not rich its a moral failing on their part and can be safely ignored
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Jul 15, 2021 02:43
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FAUXTON posted:whereas with Bitcoin you can "be your own bank" in that you can just crime unfettered* and also get crimed!
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Jul 15, 2021 02:45
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look man the first amendment guarantees me freedom of crime okay
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Jul 15, 2021 02:49
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KnifeWrench posted:and also get crimed! Yeah that's the best part, they crime each other and run to substack or twitter or wherever to whine about it and then everyone gets to see how loving stupid the entire scam was
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Jul 15, 2021 02:55
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KnifeWrench posted:and also git crimed!
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Jul 15, 2021 05:18
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njsykora posted:what was the last thing spike lee did that was any good? the last thing I remember him ‘doing’ was that one nba game story mode da 5 bloods was p good edit: blackkklansman was v good DaTroof fucked around with this message at 05:24 on Jul 15, 2021 |
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Jul 15, 2021 05:21
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Blackcoinsman
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Jul 15, 2021 07:03
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coin.spike.ly 🚀
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Jul 15, 2021 07:10
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im on the net me boys posted:I'm honestly not sure what the point of CBDCs are or how they materially impact the financial system at all. The dollars in my bank account are numbers on a spreadsheet so that's digital enough to me they don't do a loving thing an end user needs. It's bankers falling for blockchain bullshit and worrying that someone more competent than the Facebook bitcoin bros will try doing one. A short history of central bank digital currencies: CENTRAL BANK RESEARCHERS: what if Bitcoin, but ... ... ... central bank? (write papers) FACEBOOK: Libra! EVERY REGULATOR IN THE WORLD: what the arsing gently caress, LOL, no and hell no PEOPLE'S BANK OF CHINA: (sees Libra) oh poo poo (deploy previous papers) US FED: (sees PBOC) oh poo poo (write more papers) OTHER CENTRAL BANKS: (write more papers) EVERYONE: do you have a ... use case for a CBDC? BUREAUCRATS: CENTRAL BANKS, INCLUDING PBOC AND FED: First, assume we have a use case. Here’s how you deploy a spherical cow. FACEBOOK: Diem?
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Jul 15, 2021 08:45
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Paladinus posted:To this day I don't understand what banked means in terms of bitcoins, and why people who are unbanked now would be able to get banked with bitcoin. To get any bits and pay with them, by definition, you need internet access. Like, the ad is for an online bits service. Right now, on the internet, I can bank myself by getting a virtual visa card for free. How is bitcoin more functional or more accessible than that exactly? An Internet based currency which publicly lists all your transactions and charges highly randomised transaction fees will solve all these problems.
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Jul 15, 2021 09:02
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I think the idea might be that crypto wallets require much less hassle to start because they require no documentation or minimum deposit like a bank account would. but if you’re using a crypto atm in the us there are definitely going to be kyc rules anyway so
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Jul 15, 2021 09:05
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njsykora posted:what was the last thing spike lee did that was any good? the last thing I remember him ‘doing’ was that one nba game story mode
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Jul 15, 2021 10:44
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He Got Gamed She's Gotta Have It (A Prenup) Inside Man (is the only one making money)
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Jul 15, 2021 11:00
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Mellow Affinity posted:The year is 2065. You wake up the sound of an Amazon Audiobook ad blaring at twice the volume of a jet engine. Your ears ringing, you pick up your disposable Amazon Echo and smash it on the ground. You'll have to get another one before you come back home. Getting up and rubbing your eyes, you head over to your wardrobe to don your one-time use clothes. You're glad you got such a good deal on your clothes subscription. You head downstairs and go down into the kitchem. You pay 0.000000000225 Bitcoin to ToastCorp to unlock a one-day use of the toaster. You would get the five-day use, as it's a better deal, but you're on a budget right now. You watch as it pops up cocaine-infused toast with Coca-Cola ads burned into it. You then pay 251,255,619,051,585,151 Doge to pour a glass of Basic Plan Tier 1 Sugar Water, a steal. While you eat breakfast, you look at the Disney Weather Channel. More nuclear fallout from the east, Burger King's CEO is using his recreational nukes again. The temperature outside is 150 fahrenheit. You're glad that humans don't contribute to climate change or that would be even higher. As you're about to finish your luxurious breakfast, you start to hear a voice counting down from 60, and machine turrets deploy from your walls. You're spending too long eating breakfast, and Amazon's analytics has determined that you could use some encouragement. Swiftly jumping up from your seat, you grab your self-defence assault rifle and head out the door. After checking for belligerents, you walk to your Ford Armoured Personnel Transport Vehicle 'Explorer'. You pay a measily 0.0000000000000152 etherium to start the engine, then the autopilot takes over. Luckily this vehicle doesn't have a steering wheel, you know that humans are too dumb to transport themselves. You only get into two car crashes on your journey, your car expertly dodges the self-defence turret fire after you damage their private property. You speed down the Proctor & Gamble 20-lane elevated tollways, 125,251 binance is automatically taken from your wallet. It takes you five hours to get from the suburbs to downtown. You can't believe people actually used to live in cities, what peasants. You finally get to the Amazon Grocery Store, and your car drops you off in the two-mile wide mega-capacity parking lot. You remind yourself that the parking lot has to be that big for black fridays, then you give the car a 0.00000001 Dogecoin tip as you get out. As you walk in the door, alarms begin to blare. Machine gun turrets deploy from the walls as you freeze in place. You realise you forgot to smile as you entered. Employees are required to always smile by contract. Then, the worst happens. Your disposable clothes begin to fall apart at the seams. You forgot to check the best-by date, and they are expiring faster than you expected. Fully naked, you try to run away, but the guns fill your body with thousands of bullets. As you die laying down on the pavement, your wallet is extracted of all of its coin by desperate bystanders. Your final dying breath is "At least I don't have to pay taxes", before everything goes black.
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Jul 15, 2021 11:35
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https://twitter.com/moltisantithots/status/1385626589082292227
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Jul 15, 2021 14:33
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i know you're in the UK and all so you might not understand that this minus the cryptocurrencies is p much what it's like to be an american already
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Jul 15, 2021 14:51
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im on the net me boys posted:I'm honestly not sure what the point of CBDCs are or how they materially impact the financial system at all. The dollars in my bank account are numbers on a spreadsheet so that's digital enough to me they are sometimes taken as a requirement for central banks offering retail deposits (although i'm fairly certain the CB could just set up a normal bank and offer them through that), so that things like QE can occur via direct deposits in consumer accounts, rather than via buying loads of bonds/checks in the mail. In theory they could also offer a 0 customer service thing where you get the same interest rate that big financial institutions get, which is unexciting right now in europe where that would be negative, but could be nice in other times/places, and would probably be an interesting additional tool in the CB's box. none of this requires bitcoin, in fact it's utility would be actively hampered by doing it with bitcoin.
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Jul 15, 2021 15:48
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this reminds me of ubik where everything's coin operated and the guy can't even afford to open his own door
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Jul 15, 2021 16:32
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HappyHippo posted:this reminds me of ubik where everything's coin operated and the guy can't even afford to open his own door ubik was a documentary
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Jul 15, 2021 18:20
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Jul 15, 2021 19:12
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https://twitter.com/AXE/status/1415726021588967426
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Jul 15, 2021 19:23
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fitting for their target market
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Jul 15, 2021 20:54
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that N 
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Jul 15, 2021 22:20
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killhamster posted:that N "poo poo, it's not big enough" "use a bigger font?" "nah, I like this height" "change the kerning?" "no, that looks weird" "I guess just stretch it to fit the space" "oh, good idea. that looks great. *post*" "the whole word, not just the N!"
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Jul 15, 2021 22:27
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we can't find a good N! just use a sideways Z, no one will know the difference
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Jul 15, 2021 22:40
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njsykora posted:fitting for their target market Their demo dont need deodorant because they don’t go anywhere or care how they smell
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Jul 15, 2021 23:13
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more businesses talking about doge than Bitcoin right now. betting that has fans of Satoshi's True Heir pissed off
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Jul 16, 2021 01:29
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Dogecant
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Jul 16, 2021 02:22
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it rhymes with ocean
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Jul 16, 2021 02:36
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I mean, bitcoin is just a meme, too. stands to reason it couldn't compete with something that actually has cultural capital
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Jul 16, 2021 02:42
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SubG posted:the dollar going "fully digital" is good news for bitcoin because these days physical dollars are only ever used for tipping, drug deals, gambling, and evading currency controls, and so eliminating physical dollars eliminates competition in all of bitcoin's use cases Tipping gets cut out during the shift over
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Jul 16, 2021 12:44
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I've been in bitcoin since 2013 and I'm accumulating all the time. I am a libertarian. I am raised in the works of Mises, Rothbard, and other members of the Austrian School of Economics. My question is as follows. Does it make sense at the moment to emigrate to El Salvador and invest your bitcoins in local infrastructure development? I am a network engineer and unix / linux administrator. I have always dreamed of having my own ISP company, preferably in combination with a cryptocurrency mine. I currently live in Europe and in relation to Agenda2030 it is very difficult for a person with views of freedom to live here. Not economically but I feel that this is no longer my place on earth. The 2030 Agenda sounds as beautiful as Marx's communist manifesto. Unfortunately, I'm afraid the implementation of this will look exactly like in Soviet Russia. That is why I believe that Europe, or at least the European Union, is a worse and worse place to live for libertarians. Is El Salvador a good place to live for a person like me?
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Jul 16, 2021 18:15
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Yes.
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Jul 16, 2021 18:21
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source you are quotes
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Jul 16, 2021 18:32
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