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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mystes: May 31, 2006

Funny how tether is doing the exact same thing banks are doing to increase the money supply by issuing more debt in dollars than they actually have on reserve.

# ? Nov 24, 2021 19:16

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# ? Apr 24, 2024 23:19

Shageletic: Jul 25, 2007

knox_harrington posted:

My brother is an IP/media lawyer and told me yesterday his company is positioning him as their crypto/NFT expert, and apparently something specifically to do with CumRocket.

I did immediately share with him that the key phrase is "it can't possibly be that stupid, you must have explained it wrong"

I suppose profiting out of people doing dumb crypto stuff by writing their contracts is less bad than actually getting involved in crypto, but I will be keeping a close eye out for any pooptouching

lemme know if he degenerates, since I'm kinda doing the same thing lol.

# ? Nov 24, 2021 19:35

distortion park: Apr 25, 2011

mystes posted:

Funny how tether is doing the exact same thing banks are doing to increase the money supply by issuing more debt in dollars than they actually have on reserve.

To be fair, it's a proven business model!

# ? Nov 24, 2021 19:50

TheFluff: Dec 13, 2006; FRIENDS, LISTEN TO ME
I AM A SEAGULL
OF WEALTH AND TASTE

https://twitter.com/Pinboard/status/1463569541557014529

lol

# ? Nov 24, 2021 20:01

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

"every tether is backed 1:1 by real cash or cash like substances!"
*presents proof that it's not*
"it's fine, it's what the F!I!A!T! do!"

# ? Nov 24, 2021 20:03

Soylent Pudding: Jun 22, 2007; We've got people!

Boxturret posted:

so, f/i/a/t is bad because rich people get newly printed money, but stable coins are good because the future rich people get newly printed money, got it

The promise of cryptocurrency isn't an end to exploitation in society. The promise is that you get to play an Uno reverse card and get to be the new elite doing the exploiting.

# ? Nov 24, 2021 20:05

Paladinus: Jan 11, 2014; heyHEYYYY!!!

Someone must have dropped tens of millions on this poo poo, because it's the third NFT from a musician this week.
https://www.youtube.com/watch?v=MwKI8Egyr_Y

# ? Nov 24, 2021 20:06

Crust First: May 1, 2013; Wrong lads.

quote:

Blockchain for Youtube likes? (self.Bitcoin)
submitted 4 hours ago by Mooncake137

Hello,
that sound kinda weird, but my thought was, since youtube disabled the dislike button, wouldnt it be great to create a blockchain solution to target that? make a addon that integrates youtube likes/dislikes and overrides the original like button from youtube and store that information into a decentralized blockchain with this addon?

# ? Nov 24, 2021 21:05

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

weird, every video has a max of 5 likes or dislikes

# ? Nov 24, 2021 21:19

Gazpacho: Jun 18, 2004; by Fluffdaddy; Slippery Tilde

dislike suppression creates more problems than it solves. there i sad it.

# ? Nov 24, 2021 22:04

FAUXTON: Jun 2, 2005; spero che tu stia bene

Boxturret posted:

"every tether is backed 1:1 by real cash or cash like substances!"
*presents proof that it's not*
"it's fine, it's what the F!I!A!T! do!"

fictional reserve banking

# ? Nov 24, 2021 22:22

drk: Jan 16, 2005

Shageletic posted:

lemme know if he degenerates, since I'm kinda doing the same thing lol.

you're a lawyer who is being positioned as a crypto/NFT expert?

do tell

# ? Nov 25, 2021 00:25

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

# ? Nov 25, 2021 00:36

Powerful Two-Hander: Mar 10, 2004; Mods please change my name to "Tooter Skeleton" TIA.

I was at some software vendor freebie dinner and drinks (prime motivation: reclaim license costs in wine) and was seated next to a product owner and a legal head and at some point NFTs came up and to my surprise we all completely agreed they were a disaster from a functional, environmental and legal perspective and I got to deploy the standard "imagine if I burned down the rainforest to give you a receipt" description for someone else in the conversation which got a good "but none of this makes any sense!" response (and everybody stood up and clapped)

this is actually quite heartening, others are negative on this crap too

# ? Nov 25, 2021 00:38

Shame Boy: Mar 2, 2010

ultrafilter posted:

also "the dollar store" isn't a store

if he means dollar tree they've been charging more than a dollar for a lot of things for like a decade and a half now but i guess i don't expect a rich weirdo to know that

# ? Nov 25, 2021 00:47

drk: Jan 16, 2005

Shame Boy posted:

also "the dollar store" isn't a store

if he means dollar tree they've been charging more than a dollar for a lot of things for like a decade and a half now but i guess i don't expect a rich weirdo to know that

the dude owns a ton of bitcoin (and an exchange), its in his financial interest to spread nonsense "inflation bad, therefore bitcoin good" hot takes to internet rubes

# ? Nov 25, 2021 00:50

Shame Boy: Mar 2, 2010

drk posted:

the dude owns a ton of bitcoin (and an exchange), its in his financial interest to spread nonsense "inflation bad, therefore bitcoin good" hot takes to internet rubes

oh i am very much familiar with the winklevii

# ? Nov 25, 2021 00:51

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

what if i burned down a rainforest to give you a receipt for something in the understanding that you're not buying the thing the receipt is for, you're just buying the receipt itself

# ? Nov 25, 2021 00:53

TasogareNoKagi: Jul 11, 2013

Qwertycoatl posted:

if you have tethers, don't worry they're backed by loans to the absolute safest companies

https://twitter.com/SilvermanJacob/status/1463503033460047879

Satoshi (may he teeth ever grow longer) finds no problem with this

# ? Nov 25, 2021 00:57

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

yeah dollar stores here have all had stuff for more (and less!) than a dollar for ages

Shame Boy posted:

oh i am very much familiar with the winklevii

their name is the winkelvode

# ? Nov 25, 2021 00:58

Sapozhnik: Jan 2, 2005; Nap Ghost

has anybody sold an nft of the brooklyn bridge yet

# ? Nov 25, 2021 01:20

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

Sapozhnik posted:

has anybody sold an nft of the brooklyn bridge yet

no but I can sell you one for cheap if you're looking

# ? Nov 25, 2021 01:27

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

https://twitter.com/CollinsDict/status/1463297577114345473

# ? Nov 25, 2021 01:30

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

up there with the greats

# ? Nov 25, 2021 01:43

Shame Boy: Mar 2, 2010

eyyy watch it i'm ploggin' hea!

# ? Nov 25, 2021 01:48

RPATDO_LAMD: Mar 22, 2013; 🐘🪠🍆

non-ploggable token

# ? Nov 25, 2021 01:49

Plorkyeran: Mar 22, 2007; To Escape The Shackles Of The Old Forums, We Must Reject The Tribal Negativity He Endorsed

Gazpacho posted:

dislike suppression creates more problems than it solves. there i sad it.

it does not solve or create any problems

# ? Nov 25, 2021 01:58

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

SubG posted:

https://twitter.com/CollinsDict/status/1463297577114345473

okay, seriously now. from right to left it's bitcoin, not-quite-ethereum, and then ???

looking it up it's zcash, which is apparently the 56th biggest cryptocurrency, slightly behind klaytn, enjin coin, pancakeswap, aave, and harmony. i just made up one of them, see if you can guess which one

# ? Nov 25, 2021 02:17

mystes: May 31, 2006

SubG posted:

https://twitter.com/CollinsDict/status/1463297577114345473

oh for fucks sake

# ? Nov 25, 2021 02:18

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

SubG posted:

okay, seriously now. from right to left it's bitcoin, not-quite-ethereum, and then ???

looking it up it's zcash, which is apparently the 56th biggest cryptocurrency, slightly behind klaytn, enjin coin, pancakeswap, aave, and harmony. i just made up one of them, see if you can guess which one

i looked them all up and they're all real :v:

# ? Nov 25, 2021 02:32

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

there's not a single one of them that claims to be worth less than three billion actual us dollars

# ? Nov 25, 2021 02:39

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

every single part of this:

# ? Nov 25, 2021 02:48

FAUXTON: Jun 2, 2005; spero che tu stia bene

SubG posted:

every single part of this:

pancakeswap is not the internet old lore duo I was expecting but far be it from me to deny it was the one I deserved

# ? Nov 25, 2021 03:12

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.

SubG posted:

every single part of this:

a friend of mine tried to get into this after seeing it on instagram or something back in the spring. at first i had no idea what the hell she was talking about and then it dawned on me she was trying to figure out how to buy crypto. thankfully better sense prevailed when she saw what the process to get on an exchange was

# ? Nov 25, 2021 03:21

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.