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epitaph
Dec 31, 2008

Clockwerk posted:

judicially sound object notation

you win this thread

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epitaph
Dec 31, 2008

this guy is dumber than paul graham, which i thought was impossible

epitaph
Dec 31, 2008
too insignificant for trump to pardon. does he not understand the genius of bitcoin?

epitaph
Dec 31, 2008
googled "ross ulbricht in prison" for the luls and found this amusing quora thread. among many golden (?) nuggets:

quora posted:

Asking if Ross Ulbricht deserved a life sentence is analogous to asking if Oscar Wilde should have been imprisoned for "gross indecency." Oscar Wilde was a product of his biology as are we all, and Ross Ulbricht is a product of economics, as are we all.

epitaph
Dec 31, 2008
browsing the forums considered doxxing

epitaph
Dec 31, 2008
not even sure how you’d buy commercial paper if you can barely access banking. drive to p&g with suitcases full of cash? don’t think that’d work

epitaph
Dec 31, 2008

cool av posted:

so instead of trusting someone specific, i just trust whoever happens to have access to the least expensive electricity at the time

aka state sponsored actors in countries like china which you have all reason in the world to trust as their track record repeatedly shows

epitaph
Dec 31, 2008

Powerful Two-Hander posted:

tired of past performance not being a predictor of future gains? Well worry no more!



how that is not a flagrant breach of consumer advertising I don't know.

i ended up installing a 3rd party twitter client just to get rid of ads (95% of which were very similar to this, i.e. “buy bitcoin it always goes up on this tell!”)

epitaph
Dec 31, 2008
the fed will eventually have to bail the whole thing out. as soon as pension funds start buying it’s bailout certified because retirees are never allowed to lose money.

epitaph
Dec 31, 2008
the only thing hyperinflating is the price bitcoin from suckers buying it

soon it will hyperdeflate as well

epitaph
Dec 31, 2008
https://twitter.com/anildash/status/1471138157500542985

2 big 2 fail. maybe it'll eventually qualify for a bailout by the fed when the bubble implodes.

epitaph
Dec 31, 2008
https://twitter.com/DoesItPlay1/status/1472517736722960388

the “everything’s a ponzi scheme” era is upon us

epitaph
Dec 31, 2008
https://twitter.com/beaniemaxi/status/1476713900322209794

you wouldn't buy a stolen jpeg

epitaph
Dec 31, 2008
https://venturebeat.com/2022/01/12/gamers-are-ready-for-nfts-whether-they-know-it-or-not/

quote:

It’s not surprising that gaming would be a driving force behind NFT adoption; the industry has long been a proving ground for emerging technologies.

[...]

One of the largest hurdles to overcome is the popular misconception of NFTs being solely related to digital artworks which are traded for monetary gain. In fact, the most exciting aspect of NFTs has nothing to do with individual assets but instead relates to the scope of their utility within an evolving digital landscape. It’s clear that we will spend more time within global, virtual, and interconnected worlds — namely the metaverse — and NFTs will be a core component of everything within this new digital domain.

[...]

Because the term “NFT” makes most people think of receipts for an off-chain JPG, they balk at the term “true ownership.” But you can’t “right-click” a utility NFT stored in a wallet. That NFT’s information will stay there for the user to admire and remember, and/or until a future project uses its data.

[...]

It’s just as important to get these reward systems right in NFT games. It comes with additional challenges — as Valve found with Artifact, balancing non-cosmetic items is a fraught endeavor that impacts users’ wallets with every lever pulled.

But there are also advantages: smart contracts enable trustless systems, and most of the cut that would’ve been claimed by a middle-man can be given to the players. This is play-to-earn, and one of the early experiments helped poorer folks in the Philippines get through the pandemic. Finally we’re acknowledging the value non-paying players provide to a multiplayer game, and this formula will improve over time.


the whole thing goes on forever and ever about this pie-in-the-sky poo poo while still failing to explain why the ~blockchain~ is necessary for these things

also, play-to-earn is the very definition of a bullshit job

epitaph
Dec 31, 2008

Shame Boy posted:

no, not really

“decentralized”
“github”

hmmmmm

epitaph
Dec 31, 2008

qirex posted:

mc serch helped bring us the gas face and he was an assistant producer on illmatic but now this is his legacy

jay-z posted:

And you ain’t get a coin, nigga, you was gettin’ hosed then
I know who I paid, God, Serchlite Publishing

grifting was part of his legacy from the very start

epitaph
Dec 31, 2008

reminds me of public warez irc channels back in the day. some of my first forays into programming was learning mircscript to block private message porn spam.

epitaph
Dec 31, 2008

comedyblissoption posted:

according to this talk, ethereum, neverminding the forking, is running 50% attacks against itself to imitate a central authority lol


but ethereum was supposed to be free from becoming the domain of specalized actors by resisting asic mining! how could this possibly have come to pass?!?!

also, lol forever at anyone thinking you can solve social problems with tech

epitaph
Dec 31, 2008


stealing this from earlier in the thread

epitaph
Dec 31, 2008
https://twitter.com/maxwellstrachan/status/1498373474603220995

"war is good for business"
-- ferengi rule of acquisition 34

epitaph
Dec 31, 2008
https://twitter.com/stereogum/status/1501587836650278912

epitaph
Dec 31, 2008

infernal machines posted:

proof of mistake, owning an nft

epitaph
Dec 31, 2008
A View To A Butt

epitaph
Dec 31, 2008


metaverse is over guys, back to election misinformation

epitaph
Dec 31, 2008
lambdao calculus

epitaph
Dec 31, 2008
https://twitter.com/josephfcox/status/1536367323594084353

all my jobs gone

epitaph
Dec 31, 2008
how's that bitcoin inflation hedge going for microstrategy, tesla et al? well...

https://markets.businessinsider.com/news/currencies/tesla-microstrategy-bitcoin-losses-1-billion-crypto-bet-2022-6

businessinsider posted:

1. Block

Bitcoin Owned: 8,027
Average Cost: $27,407
Estimated Unrealized Losses: $42.6 million

2. Tesla

Estimated Bitcoin Owned: 42,000
Average Cost: $31,620
Estimated Unrealized Losses: $399.8 million

3. MicroStrategy

Bitcoin Owned: 129,219
Average Cost: $30,700
Estimated Unrealized Losses: $1.1 billion

epitaph
Dec 31, 2008
hindenburg financial

epitaph
Dec 31, 2008
i’m looking forward to used gfx cards flooding the market from busted miners. not that i’d buy from a coiner but i’m sure retail will take a hit too.

epitaph
Dec 31, 2008
a cool side effect of buttcoin falling is tesla's balance sheet will be a blood bath come next earnings since their accounting treatment requires marking to market but only in case of a price decline. just another cherry on top of an already amazing cake.

epitaph
Dec 31, 2008
https://twitter.com/ButtCoin/status/1538258180907540480

epitaph
Dec 31, 2008
all my days impermanently gone

epitaph
Dec 31, 2008
opensea is laying off ~20% of staff

https://twitter.com/dfinzer/status/1547648521607659522

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epitaph
Dec 31, 2008
the codebase that produced such gems: https://nee.lv/2021/02/28/How-I-cut-GTA-Online-loading-times-by-70/

i’m still flabbergasted by how someone figured using sscanf was a good idea

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