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FAUXTON
Jun 2, 2005

spero che tu stia bene

Mercury_Storm posted:

hilarious, because the Celcius CEO Alex Mashinsky purports to be extremely anti-bank and even wore a Banks Are Not Your Friend shirt around at Celsius promotions. So much for that I guess



https://fortune.com/2022/06/14/celsius-network-terms-of-use-bankruptcy-digital-assets-deposit-insurance-fdic/

lol at that no-effort strasser poo poo and lmao that it actually worked for a while

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CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug


Pillbug

Mercury_Storm posted:

hilarious, because the Celcius CEO Alex Mashinsky purports to be extremely anti-bank and even wore a Banks Are Not Your Friend shirt around at Celsius promotions. So much for that I guess



https://fortune.com/2022/06/14/celsius-network-terms-of-use-bankruptcy-digital-assets-deposit-insurance-fdic/

"Banks are not your friends they are my friends"

Sweevo
Nov 8, 2007

i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

is there somewhere i can read what happened in the last 3 years because i stopped reading the bitcoin thread when 80% of the posts were that guy who just copy-pasted every single comment from r/bitcoin.

i skimmed the last few pages but its all things i've never heard of backed by other things i never heard of doing things i don't understand

Shame Boy
Mar 2, 2010

lmao missed this part:

https://twitter.com/molly0xFFF/status/1537101985152913409

what hostile workplace, we have a rule that says no hostile workplace allowed, shut up

Bluecobra
Sep 11, 2001

The Future's So Bright I Gotta Wear Shades

Sweevo posted:

is there somewhere i can read what happened in the last 3 years because i stopped reading the bitcoin thread when 80% of the posts were that guy who just copy-pasted every single comment from r/bitcoin.

i skimmed the last few pages but its all things i've never heard of backed by other things i never heard of doing things i don't understand
this helped me get caught up:

https://davidgerard.co.uk/blockchain/

Janitor Ludwich IV
Jan 25, 2019

by vyelkin
the lawyers appointed citigroup to help ransack the remaining assets in the company in consulting fees

alex was right

Shame Boy
Mar 2, 2010

Sweevo posted:

is there somewhere i can read what happened in the last 3 years because i stopped reading the bitcoin thread when 80% of the posts were that guy who just copy-pasted every single comment from r/bitcoin.

i skimmed the last few pages but its all things i've never heard of backed by other things i never heard of doing things i don't understand

number went up for a while, now number go way down

some people figured out a way to sell ugly pictures of monkeys for huge amounts of imaginary money

this thing:



i think that's about it?

Shame Boy
Mar 2, 2010

also if you want a feed you can scroll through of nothing but crypto/NFT assholes getting owned, https://web3isgoinggreat.com/ is pretty good

Just-In-Timeberlake
Aug 18, 2003
I have no idea how I ended up on a Coinbase mailing list, but this was in my junk folder this morning lol

text editor
Jan 8, 2007

skaboomizzy posted:

Three Arrows Capital (TAC) is a crypto hedge-fund that appears to be collapsing. One of their partners/suckers/victims posted a remarkably clearly written thread about it:

https://twitter.com/Danny8BC/status/1537224378554806272

Weird name for a Crypto hedge fund, does it mean something? Or did they just decide to call it that when some stakeholder told the crypto bros that no, we cannot call it ""Three Parantheses Capital"

text editor
Jan 8, 2007

Just-In-Timeberlake posted:

I have no idea how I ended up on a Coinbase mailing list, but this was in my junk folder this morning lol



u got some free Solana from those quizzes probably

Gazpacho
Jun 18, 2004

by Fluffdaddy
Slippery Tilde

Sweevo posted:

is there somewhere i can read what happened in the last 3 years because i stopped reading the bitcoin thread when 80% of the posts were that guy who just copy-pasted every single comment from r/bitcoin.
t:mad:

Bluecobra
Sep 11, 2001

The Future's So Bright I Gotta Wear Shades

Shame Boy posted:

also if you want a feed you can scroll through of nothing but crypto/NFT assholes getting owned, https://web3isgoinggreat.com/ is pretty good

the laffs are too drat high!

kalensc
Sep 10, 2003

Only Trust Your Respirator, kupo!
Art/Quote by: Rubby

Blotto_Otter posted:

never has there ever been a guy who was more obviously a Ron Paul 2012 goldbug than this loving guy

His recent tweetstorm made me wonder how far back I'd have to scroll down his fees to find exactly the sort of racism/bigotry he wants to spout without pushback from colleagues.

What turned up was....uh....

https://twitter.com/jespow/status/1528672824977608704?s=20&t=e0cGwZ0RI7cLoTztDY__EA

https://twitter.com/jespow/status/1528672816488280064?s=20&t=cq6jFf4ifbhwqqhPzrWuuA

https://twitter.com/jespow/status/1444571676218322945?s=20&t=cq6jFf4ifbhwqqhPzrWuuA

https://twitter.com/jespow/status/1528672819889836032?s=20&t=e0cGwZ0RI7cLoTztDY__EA

lmao goddamn i think I'd rather work alongside Musk than this twerp

haveblue
Aug 15, 2005



Toilet Rascal

Just-In-Timeberlake posted:

I have no idea how I ended up on a Coinbase mailing list, but this was in my junk folder this morning lol



0.28% of pure profit

Just-In-Timeberlake
Aug 18, 2003

buddy, if we felt human life was sacred we wouldn't allow you fucks to accelerate the death of the planet for digital chuck e. cheese tokens

FUCK SNEEP
Apr 21, 2007




Mercury_Storm posted:

hilarious, because the Celcius CEO Alex Mashinsky purports to be extremely anti-bank and even wore a Banks Are Not Your Friend shirt around at Celsius promotions. So much for that I guess



https://fortune.com/2022/06/14/celsius-network-terms-of-use-bankruptcy-digital-assets-deposit-insurance-fdic/

YOUR friend. He didn’t say HIS friend :smug:

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


I'm the "cash back at the DMV for proof of abs" *flexes at u*

FUCK SNEEP
Apr 21, 2007




CommieGIR posted:

"Banks are not your friends they are my friends"

efb mods ban this guy!!!

Zopotantor
Feb 24, 2013

...und ist er drin dann lassen wir ihn niemals wieder raus...

text editor posted:

Weird name for a Crypto hedge fund, does it mean something? Or did they just decide to call it that when some stakeholder told the crypto bros that no, we cannot call it ""Three Parantheses Capital"

there's that story about one arrow breaking easily, but three being too strong to be broken at once. watch Kurosawa's Ran for one version.
https://www.youtube.com/watch?v=T4Nb5SiYvQ4

Beeftweeter
Jun 28, 2005

OFFICIAL #1 GNOME FAN
welp there goes $21k


again

opposable thumbs.db
Jan 7, 2008
It's hard to say that it's wrong that my life revolves around my dog when she is cuter and more interesting than me
Pillbug

haveblue posted:

0.28% of pure profit

haha not even, it's actually a 0.39% loss in the aggregate, 1.0832 * 0.9196

brugroffil
Nov 30, 2015


kalensc posted:

His recent tweetstorm made me wonder how far back I'd have to scroll down his fees to find exactly the sort of racism/bigotry he wants to spout without pushback from colleagues.

What turned up was....uh....

https://twitter.com/jespow/status/1528672824977608704?s=20&t=e0cGwZ0RI7cLoTztDY__EA

https://twitter.com/jespow/status/1528672816488280064?s=20&t=cq6jFf4ifbhwqqhPzrWuuA

https://twitter.com/jespow/status/1444571676218322945?s=20&t=cq6jFf4ifbhwqqhPzrWuuA

https://twitter.com/jespow/status/1528672819889836032?s=20&t=e0cGwZ0RI7cLoTztDY__EA

lmao goddamn i think I'd rather work alongside Musk than this twerp

Uh pretty sure this dude either wants to or already has murdered a baby

Blotto_Otter
Aug 16, 2013


kalensc posted:

lmao goddamn i think I'd rather work alongside Musk than this twerp

musk was born a racist misogynist plutocrat, this dude sounds like he talked himself into being a racist misogynist plutocrat on ‘00s-era messageboards. I think it’s a “no zealot like a convert” situation, the ones who chose to dive in always seem to express their crazier ideas with more enthusiasm than the ones born into it. I’m half expecting to find out soon that the Kraken job interview process involves cranial measurements personally taken by Powell with his own set of calipers

e:

brugroffil posted:

Uh pretty sure this dude either wants to or already has murdered a baby
your honor, I did not murder any babies. you can only murder “people”, and as I will establish over the course of this two-hour-long opening statement, babies are not people

Blotto_Otter fucked around with this message at 15:39 on Jun 16, 2022

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...
that dude would totally smoke a baby

probably at Burning Baby

Blotto_Otter
Aug 16, 2013


I guessed that this dude must be another Thiel-style anti-college zealot, and surprise surprise, he’s another product of the college-dropout-to-SV-startup-executive pipeline.

not going to college or dropping out of college is perfectly fine, unless you’re one of these Peter Thiel vampire libertarians who thinks that college makes you dumb and evil, in which case you should be forced to go to college in order to get these dumb poo poo “is babby a person?? how is babby murdered?” pseudo-philosophical questions out of your system in a sophomore dorm room, where a bunch of other stoned or drunk sophomores can tell you to shut the gently caress up with your stupid ideas already

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer
https://twitter.com/NBCNews/status/1537426037864386561

njsykora
Jan 23, 2012

Robots confuse squirrels.


want to frame that tweet

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


Blotto_Otter posted:


not going to college or dropping out of college is perfectly fine, unless you’re one of these Peter Thiel vampire libertarians who thinks that college makes you dumb and evil, in which case you should be forced to go to college in order to get these dumb poo poo “is babby a person?? how is babby murdered?” pseudo-philosophical questions out of your system in a sophomore dorm room, where a bunch of other stoned or drunk sophomores can tell you to shut the gently caress up with your stupid ideas already

that is a perfect description of the problem with that sort of idiot "startup founder exceptionalism" rubbish.

idiot poo poo like "actually women are brainwashed and maybe white people are the real race victims?" should basically get driven out of you by being forced to mature in either higher education or an irl job, taking these blowhards and making them "CEO of fartcoin" is falsely validating them and they have ideas permanently fixed at age 17 that a bunch of other morons then hold them up as being geniuses for

Sweevo
Nov 8, 2007

i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

you can instantly tell people are full of poo poo if their company is four people making a phone app yet their job titles are CEO, CTO, CFO, and CIO

Main Paineframe
Oct 27, 2010

Powerful Two-Hander posted:

that is a perfect description of the problem with that sort of idiot "startup founder exceptionalism" rubbish.

idiot poo poo like "actually women are brainwashed and maybe white people are the real race victims?" should basically get driven out of you by being forced to mature in either higher education or an irl job, taking these blowhards and making them "CEO of fartcoin" is falsely validating them and they have ideas permanently fixed at age 17 that a bunch of other morons then hold them up as being geniuses for

the worst kind of bosses are the ones who have never had to work under someone else before

these people have never, at any point in their adult life, had to interact with other adults as an equal or as a subordinate. they're basically guaranteed to be insufferable

evilweasel
Aug 24, 2002

Janitor Ludwich IV posted:

the lawyers appointed citigroup to help ransack the remaining assets in the company in consulting fees

alex was right

i mean sort of, but citigroup has no expertise there which is why its odd

their expertise is more in the needing the bankruptcy help, not offering the help

Just-In-Timeberlake
Aug 18, 2003

evilweasel posted:

i mean sort of, but citigroup has no expertise there which is why its odd

their expertise is more in the needing the bankruptcy help, not offering the help

If you look at it more like "we're considering an acquisition and doing our due diligence by inspecting the books" it makes more sense.

qirex
Feb 15, 2001

evilweasel posted:

i mean sort of, but citigroup has no expertise there which is why its odd

their expertise is more in the needing the bankruptcy help, not offering the help

otoh citibank has a lot of experience in not going out of business when their whole balance sheet is a dumpster fire

Cybernetic Vermin
Apr 18, 2005

qirex posted:

otoh citibank has a lot of experience in not going out of business when their whole balance sheet is a dumpster fire

yeah. a colorful way of putting it, but genuinely this is where you do call the financial giants, they know all the tricks and people to call upon to get out of a liquidity crisis. if rumors are correct there's probably nothing that can be done, but if there is something they'll take a pound of flesh and make it happen.

trucutru
Jul 9, 2003

by Fluffdaddy
How do you save too big to fail crypto exchanges/banks when the whole source of "value" in crypto world is that there is supposed to be no fed that can just activate the printing presses to bail their asses?

Sure, they can print whatever amount of butts to cover their butt loses but that would only reveal the trick.

haveblue
Aug 15, 2005



Toilet Rascal

trucutru posted:

How do you save too big to fail crypto exchanges/banks when the whole source of "value" in crypto world is that there is supposed to be no fed that can just activate the printing presses to bail their asses?

that only has value to diehard libertarians. at this point most of the crypto world is ordinary capitalists trying to get as many dollars out as they can and will accept anyone's help to do so, including big banks and the fed

Paladinus
Jan 11, 2014

heyHEYYYY!!!
Discuss.
https://www.youtube.com/watch?v=LvzuuGxjWcM

Main Paineframe
Oct 27, 2010

trucutru posted:

How do you save too big to fail crypto exchanges/banks when the whole source of "value" in crypto world is that there is supposed to be no fed that can just activate the printing presses to bail their asses?

Sure, they can print whatever amount of butts to cover their butt loses but that would only reveal the trick.

the source of value in crypto world isn't that there's no fed, it's that they get to control the fed

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trucutru
Jul 9, 2003

by Fluffdaddy

Main Paineframe posted:

the source of value in crypto world isn't that there's no fed, it's that they get to control the fed

Sure, but the lie behind the value is that there will only ever be 21 million butts, and that they cannot be duplicated, etc, etc. which most people getting suckered in don't realize is not true. And since those suckers are the real source of value you have to thread carefully not to reveal that crypto is more fiat than fiat.

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