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Powerful Two-Hander posted:that's a lot of words that seems to be trying to hand wave away "you give us 10k, we give you 3k" as not being a terrible deal whatever way you look at it Actually it's, "you give us 10 K, we give you 3k, then you give us back 3k, we give you 1k, and you give us back 1k" (so now you're staking 14k) which is what actually happened.
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May 23, 2022 00:11
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gimme 2 10’s for a 5
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May 23, 2022 00:13
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trucutru posted:Actually it's, "you give us 10 K, we give you 3k, then you give us back 3k, we give you 1k, and you give us back 1k" (so now you're staking 14k) which is what actually happened. you don't get staking rewards for the loan collateral. the point is that you give them 10k worth of eloncoins, they give a 3k ust loan, then you take that to a separate exchange and buy buy 3k more eloncoins so it's basically a big stupid overcomplicated way to get "free" leverage if you're betting on eloncoin going up uP UP
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May 23, 2022 00:28
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we've got a candidate for delegate who apparently thinks crypto is just great and will solve everything. how? well, you see
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May 23, 2022 01:07
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https://twitter.com/MiaRSato/status/1528501604898447361
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May 23, 2022 01:22
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Endless Mike posted:we've got a candidate for delegate who apparently thinks crypto is just great and will solve everything. how? well, you see how does cryptocurrency solve literally any of those problems like even if you accept that it's a currency, you're just saying "by changing everything to use Dollars 2.0, student loans will no longer be sold to wall street"
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May 23, 2022 01:29
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what bugs me about the bored ape yacht club is that the only one's with yachts are the ones running the racket
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May 23, 2022 01:34
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ah yes, the two crypto genders
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May 23, 2022 01:38
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RPATDO_LAMD posted:you don't get staking rewards for the loan collateral. e: you're right. The rewards from the collateral staking are supposed to go to Anchor itself trucutru fucked around with this message at 02:05 on May 23, 2022 |
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May 23, 2022 02:00
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akadajet posted:what bugs me about the bored ape yacht club is that the only one's with yachts are the ones running the racket it bugs me too that bored apes don’t even understand bitcoin exists to bring economic equality for all
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May 23, 2022 02:17
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40% of us bitcoin mining is on texas' overstrained grid https://twitter.com/horatioalgorthm/status/1528162897129619456
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May 23, 2022 02:29
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men... and men too short so they can't reach the urinal
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May 23, 2022 02:31
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The terra subreddit is something else. No more suicide hotline, they are trying to burn as much (of other people's) luna as possible to raise the price and then... to the moon! Currently fighting real hard to get to a price of 0.00025 180 million gone, only six and a half trillion to go.
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May 23, 2022 03:33
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at this pace, we'll have 1/1000 burned in 2 months.
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May 23, 2022 03:35
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By the way, some dudes are posting their wallets as "burn adresses" so that you burn your luna by sending them there. I mean, 0.00025 is still 0.00025!
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May 23, 2022 03:47
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even an empty wallet can be inspected
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May 23, 2022 04:00
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NLJP posted:Vitalik is literally 'educated stupid' it feels like "He dropped out of university in 2014 when he was awarded with a grant of $100,000 from the Thiel Fellowship, a scholarship created by venture capitalist Peter Thiel and went to work on Ethereum full-time."
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May 23, 2022 04:00
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lmao. dropped out of university for less than half a year's salary definitely a smart cookie
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May 23, 2022 04:30
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Is Peter Thiel the mandolin guy?
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May 23, 2022 04:32
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he's the literal vampire, he drinks young blood idk about the mandolin though
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May 23, 2022 04:33
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I was thinking of Chris Thile. But I've been confusing those 2 not-very-similar names for awhile now....
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May 23, 2022 04:34
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ADINSX posted:ah yes, the two crypto genders should say "incels" and "manlets"
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May 23, 2022 09:00
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trucutru posted:By the way, some dudes are posting their wallets as "burn adresses" so that you burn your luna by sending them there. lmao when you tell the homies to pour one out for the homie and lay down on the ground with mouth open
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May 23, 2022 09:03
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ultrafilter posted:Often when a university goes bust those records disappear, so there is some value in having the data elsewhere, but I don't need to tell you that the good solution is not what the blockchainheads invented. here we just have another uni take over their historical records. or that's the theory anyway
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May 23, 2022 10:33
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Alan Smithee posted:should say "incels" and "manlets" 
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May 23, 2022 14:11
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don't ever talk to men or my men ever again
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May 23, 2022 14:13
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May 23, 2022 14:52
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Alan Smithee posted:should say "incels" and "manlets" someone already minted "coincel" in the gray thread 
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May 23, 2022 14:57
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 this is the sort of volatility I like in my currency
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May 23, 2022 15:05
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Mercury_Storm posted:someone already minted "coincel" in the gray thread I thought that was just MAGA Coin?
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May 23, 2022 15:05
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 lmfao
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May 23, 2022 15:09
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lol
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May 23, 2022 15:14
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The soul bound token is the latest example of cryptobros not understanding that you usually don't want an immutable database. There's all kinds of reasons that you'd want, or be legally required, to change information in a DB. What happens if the SBT degree needs to be revoked due to cheating? What if the holder changes their legal name?
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May 23, 2022 15:18
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it would be nice if we could stop destroying the planet with digital tulips.
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May 23, 2022 15:19
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Gubbinal Girl posted:The soul bound token is the latest example of cryptobros not understanding that you usually don't want an immutable database. There's all kinds of reasons that you'd want, or be legally required, to change information in a DB. judging by how key recovery works, you just get a majority of your cluster peers to vote on it and agree to do it, easy peasy and not at all subject to abuse or bias
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May 23, 2022 15:20
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the good news about the soul tokens thing is that if they aren't transferable they will be difficult to use for speculation and therefore will not catch on
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May 23, 2022 15:20
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Gubbinal Girl posted:The soul bound token is the latest example of cryptobros not understanding that you usually don't want an immutable database. There's all kinds of reasons that you'd want, or be legally required, to change information in a DB. They haven't thought of it at all beyond "Here's a thing that might help prop up my shitcoin again"
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May 23, 2022 15:20
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what if success in life was predicated even more on your ability to network in college, but with bitcoin!
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May 23, 2022 15:22
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Chris Knight posted:I mean... god that explains a lot
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May 23, 2022 15:22
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Gubbinal Girl posted:The soul bound token is the latest example of cryptobros not understanding that you usually don't want an immutable database. There's all kinds of reasons that you'd want, or be legally required, to change information in a DB. no backsies motherfucker
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May 23, 2022 15:23
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