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one of my favorite lines written about mcafee quote:John McAfee has never been convicted of rape and murder, but—crucially—not in the same way that you or I have never been convicted of rape or murder. (from this https://breakermag.breaker.io/trapped-at-sea-with-cryptos-nouveau-riche/, which is an amazing read)
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# ¿ Jun 24, 2021 19:35 |
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# ¿ Apr 20, 2024 04:25 |
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Jonny Nox posted:Man, that dude with the sign has an immaculately punchable face. it's a woman
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# ¿ Jun 28, 2021 20:02 |
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this reminds me of ubik where everything's coin operated and the guy can't even afford to open his own door
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# ¿ Jul 15, 2021 16:32 |
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lol "potential $25k" i guess it sounds better than "I flipped $800 in NFTs to $0"
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# ¿ Jul 22, 2021 15:35 |
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"what the gently caress is a 'nocoiner'?"
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# ¿ Aug 4, 2021 17:39 |
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A bitcoin mining power plant secretly set up shop in Alberta. Now, it's being forced to shut down.quote:When residents of an affluent estate community in Alberta started hearing noise from a nearby power plant, they didn't expect their complaints of sleepless nights would lead to a months-long investigation that would find the company had set up operations without approval.
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# ¿ Aug 25, 2021 16:46 |
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Shame Boy posted:i really hope they chose that name before like, 2015 quote:MAGA Energy Ltd. (Make Alberta Great Again) is a private oil & gas production company based in Calgary, Alberta, with 20 employees. Current total production is approximately 1800 BOE/day, equally weighted between oil, gas, and natural gas liquids. The total well count of MAGA is approximately 250 with 95 producing wells. MAGA’s land position consists of 100 sections (64,000 acres), the majority of which carry a 100% working interest. Edit: Also WHOIS says they registered that site in 2019, so yeah HappyHippo fucked around with this message at 17:00 on Aug 25, 2021 |
# ¿ Aug 25, 2021 16:55 |
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Chalks posted:what's the point of assigning people random positions in a queue? isn't that just giving the thing to people at random without having a queue? this is becoming more popular for things that aren't stupid too. i think the idea is everyone who shows up before a certain time is assigned a random position in the queue, and everyone after that time goes at the end. it prevents people from just refreshing the page endlessly trying to catch it right as it goes live
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# ¿ Aug 25, 2021 22:57 |
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i was in a coffee shop last week and there was a dude telling the owner that he should accept bitcoins, talking about the lightning network and discussing his own plans to open a coffee shop that only accepts bitcoins
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# ¿ Aug 26, 2021 19:47 |
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Shageletic posted:Seeing the pod’s nascent form, I felt a boringly pragmatic urge to ask Romundt what happened if, once afloat, you needed to buy a pint of milk. My question seemed to miss the point, too wedded to old-fashioned notions of locality and human connection. The Pods had been designed to have a hatch in the roof, Romundt said. He was talking to some drone creators and imagined people flying to their pods independently, landing on the roof and entering through the hatch. Perhaps that’s how you’d get your milk. the pods look like they'd make a cool hotel or something but yeah maybe some sort of boat access would have been a good idea for your ocean house?
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# ¿ Sep 9, 2021 21:50 |
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Shame Boy posted:on some of the designs they show a door at some position in the "stem" thing so presumably you could drive a boat up to that, when the tide is at the right level (they're fixed to the bottom remember!) and the ocean is perfectly calm and flat like in that picture maybe they need to go all supervillain and have submarine access instead
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# ¿ Sep 9, 2021 21:56 |
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Walmart says crypto payments announcement is fake. Litecoin tumbles after spikequote:Cryptocurrency litecoin gave up a 20% gain and tumbled back to earth following a fake press release sent out by GlobeNewswire that referenced a partnership with Walmart. https://twitter.com/josephmdurso/status/1437433318631477250
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# ¿ Sep 13, 2021 16:22 |
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super fart shooter posted:I have to admit when the nft thing first came along, i was a little baffled and felt like i was losing the plot... but now that they've quickly evolved into a less obfuscated form that is plainly just a cryptocurrency, but "coin" is replaced with "lion" or "ape", it now makes perfect sense to me yeah they've basically found a way to speed run icos who needs a "whitepaper" when you can just generate a bunch of lovely art and hype that
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# ¿ Oct 7, 2021 22:41 |
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Chalks posted:nice bloomberg article about tether being a giant fraud: this article has some good lines quote:It was hard to believe that people had sent $69 billion in real U.S. dollars to a company that seemed to be practically quilted out of red flags.
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# ¿ Oct 8, 2021 14:58 |
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these read less like satire and more like fake reviews to generate demand
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# ¿ Oct 9, 2021 21:43 |
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fisting by many posted:i think this was even a thread title before but this quote popped up again upthread i found this gem https://twitter.com/FoldableHuman/status/1445999473847517184
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# ¿ Oct 14, 2021 03:20 |
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another good one from that thread: https://twitter.com/FoldableHuman/status/1448411095824175105 there was some sort of exploit. the solution was to use... a centralized api. the developer promises to move this validation logic onto the blockchain "later today" there's a bit of a theme with crypto where all the decentralized stuff has to be progressively replaced with centralized stuff to make the blockchain useful.
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# ¿ Oct 14, 2021 23:24 |
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Mercury_Storm posted:that sounds an awful lot like a ponzi scheme to me seems more like a pyramid scheme
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# ¿ Oct 15, 2021 15:00 |
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pining for the days of the tungsten standard
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# ¿ Oct 15, 2021 15:59 |
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price of bitcoin is propped up by tether which is backed by bitcoin, nothing wrong with this
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# ¿ Oct 19, 2021 14:07 |
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it's only a problem if there's a bank run, and crypto bros never bank run, they hodl, so it's fine
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# ¿ Oct 19, 2021 14:08 |
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KnifeWrench posted:the words "lend" and "mint" don't feel like they should be interchangeable, but they're being used that way in that passage? it's both i think? Celsius Network is borrowing usdt, and putting up it's bitcoin as collateral. but tether doesn't maintain some stockpile of usdt, they mint it at will when they want it, and then destroy it when it's returned. but that's shady as gently caress on tether's end: not only is the tether not backed by actual money, all they have is collateral on a loan; generally you can't just call in a loan when you feel like it, so in the event of a bank run they can't liquidate the collateral.
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# ¿ Oct 19, 2021 15:12 |
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Shame Boy posted:so uh, what stops me from just submitting a series of numbers to this network and saying "yeah these are my eyeball numbers i'm a person give me money"? is the answer "nothing"? because i think the answer is "nothing" it is and it's the same loving problem with every blockchain "solution" that tries to map to real world objects: the blockchain only records the movement of numbers, it can't do the hard part which is guaranteeing that those correspond to anything in the real world
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# ¿ Oct 21, 2021 16:53 |
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KnifeWrench posted:lmfao I thought this was a humorous paraphrase but it's a direct quote
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# ¿ Oct 21, 2021 17:05 |
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Shame Boy posted:so yes, this is all privately controlled and the only way to access the network is via the Orb, fantastic classic crypto pattern: solve all the problems crypto introduces with centralization; claim it's decentralized anyway because it's "on the blockchain"
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# ¿ Oct 21, 2021 17:54 |
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FAUXTON posted:starboard citizen
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# ¿ Oct 25, 2021 00:02 |
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Pigbuster posted:https://twitter.com/calvinbecerra/status/1454328591202721796 Ape look out for ape
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# ¿ Nov 1, 2021 13:57 |
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FAUXTON posted:safu means stolen and gently caress you The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > buttcoin: safu means stolen and gently caress you
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# ¿ Nov 1, 2021 17:36 |
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Qwertycoatl posted:remember that dao from last week that was going to buy the consititution, and failed? have a followup i love this quote:ConstitutionDAO accepted only ether, the token on Ethereum. For someone to convert USD to $PEOPLE tokens, the process had several steps. First, we had to buy Ethereum on an exchange (we used Coinbase). We bought $200 worth of Ethereum. Coinbase took a $3 fee. Then, we had to send the Ethereum from Coinbase to a MetaMask crypto wallet. To do this, we had to pay a $12 network fee. Then, we had to send the Ethereum from MetaMask to Juicebox. So-called "gas" fees vary wildly and depend on how busy the Ethereum network is at any given moment and the complexity of the transaction. Right now, gas fees on Ethereum are very high, and a highly complex operation could end up costing hundreds of dollars in fees. In our case, we paid a $75 gas fee to contribute roughly $75 to the project. Of the initial $200 we bought in ETH, $90 was eaten up in fees simply to donate to ConstitutionDAO.
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# ¿ Nov 23, 2021 17:17 |
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Hammerite posted:I can't make the numbers add up. They started out with $200. They paid $3 to Coinbase, leaving them with $197. Then they paid a $12 "network fee", leaving them with $185. Then they paid a $75 "gas fee", leaving them with $110. But it says that only $75 ended up at the destination? Where did $35 go yeah i'm guessing they just didn't spend that $35. maybe they could only buy the tokens in certain units, or maybe they only bought $75 because you can't predict how much the gas will cost? i've never done this poo poo myself obviously.
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# ¿ Nov 23, 2021 18:32 |
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Boxturret posted:has there ever been a successful dao or have they all been dead on arrival? dao: dead, arrival on
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# ¿ Nov 23, 2021 18:33 |
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Xarn posted:What loving bars does this person visit? Bartenders are naturally averse to crypto bros and try to ignore them
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# ¿ Nov 25, 2021 15:51 |
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chestnut santabag posted:Bart Sells His Soul the day after that episode aired all the kids in my class were trying to sell their souls
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# ¿ Dec 1, 2021 17:02 |
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ultrafilter posted:https://twitter.com/FinancialJuice/status/1466057650349748227 as if coiners would listen to some fiatist
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# ¿ Dec 1, 2021 18:32 |
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Boxturret posted:if they fork the ether blockchain doesn't that mean that nfts get duplicated too? they absolutely do and it's one of the reasons nfts are dumb along with all the other ones
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# ¿ Dec 2, 2021 21:50 |
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The_Franz posted:https://twitter.com/DeItaone/status/1466484675766071414?t=KHQSpWM4ZZFSvheRGPXWGA&s=19 who is this non-verified?
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# ¿ Dec 3, 2021 06:04 |
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wikipedia is like one of the best websites on the internet. yeah it obviously has a ton of flaws but it's an immensely useful resource.
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# ¿ Dec 3, 2021 19:05 |
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Eeyo posted:it’s weird to me the guy is an objectivist. like would ayn rand approve of just giving away the “work” of contributing to wikipedia for free? yeah this is really throwing me, the whole concept of wikipedia violates everything objectivism stands for
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# ¿ Dec 4, 2021 01:33 |
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Shageletic posted:Looked up the twitter handle of the person giving this guy his info about influencers and NFTs, and they're doing a great job showing the life cycle of some of these projects this twit thread gave me a great new term: "ponzi tokenomics" https://mobile.twitter.com/zachxbt/status/1410356573663383560
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# ¿ Dec 8, 2021 18:24 |
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# ¿ Apr 20, 2024 04:25 |
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whoever made second life played the media/journalist types like a fiddle, they bought in hard and then it fizzled.
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# ¿ Dec 10, 2021 23:09 |