Bitcoin: Of Freemasons, Free Markets and Bill Cosby Related Investment Schemes

The Something Awful Forums > Archives > Comedy Goldmine > Bitcoin: Of Freemasons, Free Markets and Bill Cosby Related Investment Schemes

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

trucutru posted:

Obviously we need to design Fewcoin, where only 21 coins are ever released, but they can be split down to the 30th decimal.

How much is that worth? 143.7 yoctoFewcoins. Or, alternatively, 1437 FC25. Simple and convenient!

And best of all, the Federal Reserve isn't involved! *has laptop stolen, literally loses all money*

# ¿ Aug 22, 2011 07:34

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# ¿ Apr 16, 2024 18:57

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Darth123123 posted:

But who brings all this crap into a business environment? He signs his official emails "One Love" and has PUNL everywhere.

This really has to put a kink in their brain. Highly Moderated != Free Market

I was reading an article recently about how libertarians are quite friendly to autocrats and how they thought, perhaps it would be better to have an environment where leaders are taken as a given, and one can choose jurisdictions, rather than one where leaders are selected by - UGH - democracy.

# ¿ Aug 30, 2011 20:39

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Why would you send him the fifty dollars though? Why not just keep it yourself?

Also, the guy promoting this probably has lots of bitcoins and is interested in increasing bitcoin value, I would imagine.

# ¿ Sep 7, 2011 23:53

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

HighClassSwankyTime posted:

I don't know if this has been brought up yet, but is there a way to explain the bitcoin concept in layman's terms to anyone in like 2 or 3 sentences without acting like a complete schmuck?

"They do some kind of computer stuff to invent fake money and act like it's real money, and it's better because they use computers doing useless math to make it, instead of government authority. It is also a scam."

# ¿ Sep 9, 2011 09:03

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

^^^-- they are the JP Morgans of bitcoin

red19fire posted:

I hope Krugman updates his editorial with the latest ~~bit~~Cosbycoin news.

Krugman has a job, why should he spend his time on buttcoins

# ¿ Sep 9, 2011 22:40

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

So you only made $120 off the whole thing, Wafflehound? Or is that net?

That said, well played, and it would seem you were, despite all this goonery... on the level.

# ¿ Sep 10, 2011 00:49

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Tomn posted:

I also like how the market crash's effect on Wafflehound's profits was an excellent demonstration of why real vendors won't touch Bitcoins. PAY ATTENTION BITCOINERS, THIS IS WHY YOUR ECONOMY DOESN'T WORK.

But there was no federal reserve involved!

# ¿ Sep 10, 2011 00:54

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

gnarlyhotep posted:

Watching these graphs is just mind-boggling. As the price goes up, THEY BUY MORE!! WHY?!?!!

Because they're suckers.

# ¿ Sep 10, 2011 00:57

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

gnarlyhotep posted:

I believe it. They're just so dedicated to being suckers I can't process it.

They should take personal responsibility for being such huge suckers. :smug:

# ¿ Sep 10, 2011 01:04

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

And she told me she loves me so she won't start charging me full interest until I'm old enough to legally work under the Statist regime's tyranous laws. Mean ol' government! If I could get a job now, I'd only owe mommy the principal, but instead they're going to make me pay interest!

# ¿ Sep 10, 2011 02:04

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Create a cryptic Masonic object, send it to Bruce

# ¿ Sep 10, 2011 04:40

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

So what's this block chain thing, were all the people with mining rigs just providing free computational resources to people doing account swaps or whatever the gently caress?

# ¿ Sep 10, 2011 05:17

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Maybe Bitcoin is all just an AMD front.

# ¿ Sep 10, 2011 07:52

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

azreal posted:

Whatever, you win, I'm done.

So what's up with bitcoins anyway, Bruce? Or Pattaya for that matter. Kind of a weird choice really, you know it's got a rep.

# ¿ Sep 10, 2011 10:42

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

He's quite right, just not in the way he thinks. A roller coaster is deliberately raised to a high point and allowed, essentially, to fall on guiderails in an elaborate path. For fun, and to make money for whomever owns the roller coaster.

But it always gets back to the bottom, eventually.

# ¿ Sep 10, 2011 11:23

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Rudager posted:

You're forgetting gold has actual practical uses in things like electronics.

I don't think gold's price is due to that, it's due to the various cultural factors around it like he's citing. Dlog, the metal discovered by the Denmark League of Geologists in 1907 which is yellowish, ductile, and a great electrical conductor, would probably not be running at nearly two grand an ounce.

# ¿ Sep 10, 2011 12:55

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

So how come it's OK for MtGox to be a central reserve?

# ¿ Sep 11, 2011 04:10

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Gaze not too long into the buttcoin, for it may be you; you will be the buttcoin.

# ¿ Sep 11, 2011 07:06

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

makomk posted:

Bitcoin itself is surprisingly robust these days, mostly because the obvious attacks have already been tried by someone and fixed.

How about the attack where MTGox steals all your money? What's the patch for that one?

# ¿ Sep 12, 2011 08:12

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Hungry Gerbil posted:

No, that's just bitcoin working as intended.

At least having my life savings stolen occured without GOVERNMENT COERCION

# ¿ Sep 12, 2011 08:17

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

Why is it that we hear the loudest yelps for suppression of parasites, from those who provide no useful service whatever, and simply take and take and return nothing to the common wealth, in theory or in practice?

It seems like a directly linear relationship, frankly. The only real outliers I can think of are some doctors.

# ¿ Sep 13, 2011 11:38

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

I don't think the buttcoin will hilariously collapse that much further, if only due to the inelasticity of libertarian hate for anything resembling 'the government and its coercion' and their love for getting scammed. Much like purestrain gold, these are intrinsic factors... we can't do anything about them!

# ¿ Sep 17, 2011 18:53

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# ¿ Apr 16, 2024 18:57

Nessus: Dec 22, 2003; After a Speaker vote, you may be entitled to a valuable coupon or voucher!

I still am wondering, there are in theory only like 22 million buttcoins possible, right? And probably fewer as if they are in a wallet and are lost then they are gone for good.

So is the idea that in the loblertarian future we would be buying a house for 0.00002 bitcoins and have our neighbors say "Wow! How are you ever gonna pay THAT one off?"

# ¿ Sep 19, 2011 13:51

The Something Awful Forums > Archives > Comedy Goldmine > Bitcoin: Of Freemasons, Free Markets and Bill Cosby Related Investment Schemes