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FAUXTON
Jun 2, 2005

spero che tu stia bene

infernal machines posted:

wait a minute, you're telling me this completely unregulated financial network is being used to circumvent capital controls?

my god, whoever could have foreseen this?

me

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FAUXTON
Jun 2, 2005

spero che tu stia bene

https://twitter.com/phildstewart/status/1499078382407102470

bored SDN yacht club

FAUXTON
Jun 2, 2005

spero che tu stia bene

infernal machines posted:

are they owned by the radio shack guy?

no theyre self-owned

FAUXTON
Jun 2, 2005

spero che tu stia bene

Boxturret posted:

so they say that when the shoeshiner is giving you stalk tips it's time to sell, where does a fortune cookie fit in to that?

it was never time to buy in the first place lol

FAUXTON
Jun 2, 2005

spero che tu stia bene

Main Paineframe posted:

another day, another dead brand jumping on the bandwagon

https://twitter.com/winamp/status/1504083229254602752

winamp skins were basically nfts without the scam anyway, it makes sense that in the world of spotify and itunes now there's a winamp nft

FAUXTON
Jun 2, 2005

spero che tu stia bene

Chris Knight posted:

crypto? no bueno, cabròn

FAUXTON
Jun 2, 2005

spero che tu stia bene

gschmidl posted:

By the surly beard of Grift, Gripnr steals from all man!!

https://twitter.com/Gripnr/status/1508899348721152004

it's short for grift sleipnir

FAUXTON
Jun 2, 2005

spero che tu stia bene

bitcoiners wait until the kid's like 4 before remembering to call it nonce

FAUXTON
Jun 2, 2005

spero che tu stia bene

like a butt out of the blue

FAUXTON
Jun 2, 2005

spero che tu stia bene

Plorkyeran posted:

so i guess that means the bank run was a success, but they're learning why organizing a bank run on a bank that currently has your money is a bad idea?

they're highly experienced in following bad ideas

FAUXTON
Jun 2, 2005

spero che tu stia bene

de fi foe fail

i smell the tears of a rugpulled whale

also why did yall not just name the thread "jackin' the beanstalk"

FAUXTON
Jun 2, 2005

spero che tu stia bene

Boxturret posted:

did anyone say "jackin' the beanstalk" yet?

no you're the first, what a rapier wit you possess!

FAUXTON
Jun 2, 2005

spero che tu stia bene

i meant to say rapier

FAUXTON
Jun 2, 2005

spero che tu stia bene

Presto posted:

Maybe I should apply. I mean, I can write lovely unsecure code as well as the next guy.

but can you write it lovely and insecure enough

FAUXTON
Jun 2, 2005

spero che tu stia bene

Boxturret posted:

look in real life bank runs are bad because the banks don't physically have 1:1 every dollar that's in someone's bank account on hand

with bitcoin though everything's blockchain and trustless and pier to peer so fractional reserve banking can't happen, but we still can't allow a bank run because

be your own bank run

FAUXTON
Jun 2, 2005

spero che tu stia bene

Neito posted:

is this that proof of stake thing?

poof of stake aka rugpull

FAUXTON
Jun 2, 2005

spero che tu stia bene

The Fungitive

You Only Spend Twice

FAUXTON
Jun 2, 2005

spero che tu stia bene

Shumagorath posted:

When this is over, I want a shot-for-shot remake of Margin Call but it's about crypto and directed by John Waters.

Wes Anderson would be a funnier pick because you'd have Bill Murray in there being the guy who told them all so

FAUXTON
Jun 2, 2005

spero che tu stia bene

CommieGIR posted:

Wes Anderson's "Planet of the Ugly Apes"

THEY MADE IT ALL UP!

FAUXTON
Jun 2, 2005

spero che tu stia bene

yeah sure worst possible lesson to take from loving ethereum is "world of warcraft derived poo poo is great" and deciding you need to make soulbound lore drops

FAUXTON
Jun 2, 2005

spero che tu stia bene

doingitwrong posted:

Bitcoin, Cryptocurrency Tarot Card Occult Crypto Bitcoin PopSockets Swappable PopGrip


ah I've always wondered what the guy's hands looked like from the inside, but key omission in forgetting the ring

FAUXTON
Jun 2, 2005

spero che tu stia bene

Boxturret posted:

you can't really see that part of the finger so ring status unconfirmed

entirely fair

FAUXTON
Jun 2, 2005

spero che tu stia bene

daoabunga dude

FAUXTON
Jun 2, 2005

spero che tu stia bene

some of those who slurp juices

can now make new apes with each usage

FAUXTON fucked around with this message at 09:54 on May 28, 2022

FAUXTON
Jun 2, 2005

spero che tu stia bene

The Wisest Moron posted:

And I thought Nick Land arguing that blockchain breaks special relativity was embarrassing. Christ.

I mean that's not even in the top 5 worst takes that man has had

FAUXTON
Jun 2, 2005

spero che tu stia bene

I thought nick land was the guy who got high and dreamed that the universe was controlled by a racist AI or something

FAUXTON
Jun 2, 2005

spero che tu stia bene

CommieGIR posted:

I mean, that explains Microsoft's AIs...

oh it's all of em

FAUXTON
Jun 2, 2005

spero che tu stia bene

Shame Boy posted:

that isn't actually specific enough to narrow it down to one particular internet idiot

sorry he was the guy who invented getting high and imagining a racist AI controls the universe

FAUXTON
Jun 2, 2005

spero che tu stia bene

haveblue posted:

it's a crime to deceive people into purchasing securities for your own profit

it's also a crime to sell people things that meet the legal definition of securities without describing them as such and complying with relevant regulations

yeah the law is fairly comprehensive when it comes to this poo poo but enforcement's a lmao

FAUXTON
Jun 2, 2005

spero che tu stia bene

Kill All Cops posted:

they have a red text if its below floor price but the idiot listed in WETH which probably doesnt do that kind of check

they're smoking wethamphetamine

FAUXTON
Jun 2, 2005

spero che tu stia bene

tulips can be composted, but you have to exchange bitcoins for literally anything tangible, there's absolutely no inherent value whatsoever

FAUXTON
Jun 2, 2005

spero che tu stia bene

qirex posted:

the tulip bubble was specifically tulip futures and not actual flowers

right but with tulip futures you have an underlying asset and with bitcoin you only have underlying asshats

FAUXTON
Jun 2, 2005

spero che tu stia bene

they invented value to borrow against amidst worse-than-casinos volatility and evade taxes on despite having an indelible record going right to your bank account

FAUXTON
Jun 2, 2005

spero che tu stia bene

Neito posted:

isn't this fractional reserve banking, the very thing many coiners rally against?

this time its fictional reserve banking

FAUXTON
Jun 2, 2005

spero che tu stia bene

Gazpacho posted:

was just checking the NCUA list of failed credit unions and:

drat that guy did all the things you should not do, like he treated that poo poo like a bucket list

FAUXTON
Jun 2, 2005

spero che tu stia bene

Fuzzy Mammal posted:

they also hired citi to help with restructuring. chapter 11 within a week I bet.

https://twitter.com/TickerTimeNews/status/1537113369848733696?s=20&t=D0pwOPD9IXzAS7TPAkUnXg

Fee your own bank

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

FAUXTON
Jun 2, 2005

spero che tu stia bene

Chernobyl Capital

FAUXTON
Jun 2, 2005

spero che tu stia bene

I was promised a worth-shattering kaboom

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FAUXTON
Jun 2, 2005

spero che tu stia bene

Mr. Nice! posted:

talk about meltdown may



jumpoff june

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