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Sardonik
Jul 1, 2005

if you like my dumb posts, you'll love my dumb youtube channel

Rotten Red Rod posted:

https://twitter.com/TiffanyFong_/status/1593901973572567045?t=f_ciMW23VbxI3TYZvECeqg&s=19

Sadly for him, their "extremely narrow domain" just happens to be keeping him out of prison

Even as he's progressively owned harder and harder he still thinks he's the main character down on his luck who can turn it around before the final act lmao

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Salt Fish
Sep 11, 2003

Cybernetic Crumb
If you're just friendly and honest with the cops they will help you out.

Agents are GO!
Dec 29, 2004

There Bias Two posted:

So this is an actual tech-based religion then. They're trying to bring their god to life.

But instead of cool clockwork dungeons like the Dwemer, when the EAs all erase themselves from existence, we'll have a bunch of piss bottle basements to clear out

Yorkshire Pudding
Nov 24, 2006



Agents are GO! posted:

But instead of cool clockwork dungeons like the Dwemer, when the EAs all erase themselves from existence, we'll have a bunch of piss bottle basements to clear out

They’ll CHIM out and we’ll be left combing through lovely think-piece blogs and tweets about how, actually, the immense transfer of the entire world’s wealth into the hands of a dozen individuals actually makes it easier for them to do the Big Good.

ChronoBasher
Jul 2, 2007
It's literally what the folding ideas video said, was something like "Just because they understand one complicated thing, programming with cryptography, everything else must be lesser in complexity and easily understood by them."

Mumpy Puffinz
Aug 11, 2008
Handle with Caution
Nap Ghost

ChronoBasher posted:

It's literally what the folding ideas video said, was something like "Just because they understand one complicated thing, programming with cryptography, everything else must be lesser in complexity and easily understood by them."

theres a term for it. Dunnering Kuerigs, I think. Means they are good smart for one thing so, they must be smart at everything

Waffle House
Oct 27, 2004

You follow the path
fitting into an infinite pattern.

Yours to manipulate, to destroy and rebuild.

Now, in the quantum moment
before the closure
when all become one.

One moment left.
One point of space and time.

I know who you are.

You are Destiny.



"Our contact in the Bahamian government, who was our personal handlerattaché, used his FBX-provided bribe credentials to log in to burgle us after that one guy shot himself; this really didn't surprise anyone so now we're selling this like a hack to take as little responsibility as possible for a huuuuuuuge fuckup"

PhazonLink
Jul 17, 2010

ChronoBasher posted:

It's literally what the folding ideas video said, was something like "Just because they understand one complicated thing, programming with cryptography, everything else must be lesser in complexity and easily understood by them."

except i dont think they understand cryptography either?

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

PhazonLink posted:

except i dont think they understand cryptography either?

Waffle House
Oct 27, 2004

You follow the path
fitting into an infinite pattern.

Yours to manipulate, to destroy and rebuild.

Now, in the quantum moment
before the closure
when all become one.

One moment left.
One point of space and time.

I know who you are.

You are Destiny.



Alternate theory: Except for the people who run a big twitter puppet show trying to prop it up, and their accounts, it is Potemkin; there is nobody actually doing anything with cryptocurrency.

Salt Fish
Sep 11, 2003

Cybernetic Crumb
https://twitter.com/web3isgreat/status/1594138383021969408

There Bias Two
Jan 13, 2009
I'm not a good person


But NFT ownership is forever?!?

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day

code is flaw

Ups_rail
Dec 8, 2006

by Fluffdaddy
NFT s can be a fun fad. Like trading cards etc.

having stupid celebs using BAYC as twitter handles etc

I think FYAD should release a series

shame on an IGA
Apr 8, 2005

Ups_rail posted:

NFT s can be a fun fad. Like trading cards etc.

having stupid celebs using BAYC as twitter handles etc

I think FYAD should release a series

The episode of trueanon where Brace jumped through all the hoops to make an NFT was the best thing they've ever done. I believe he minted new profanities while describing the process.

https://youtu.be/S_-1AqGtF70

MarcusSA
Sep 23, 2007

I really hope this is true

https://twitter.com/fxhedgers/status/1594183352462237697?s=46&t=cDQHWMoglSYwNWN9cA_vPw

Because lol

Ups_rail
Dec 8, 2006

by Fluffdaddy

isnt there that org chart that show FTX had alot of shell companies etc.

Vesi
Jan 12, 2005

pikachu looking at?
lawyers don't know poo poo abotu poo poo except the extremely narrow domain of keeping me out of jail, why should I listen to them?

more falafel please
Feb 26, 2005

forums poster


Yeah this is just because they made a million shell/holding companies for various reasons.

limp dick calvin
Sep 1, 2006

Strepitoso. Vedete? Una meraviglia.

Is that all of them

Yorkshire Pudding
Nov 24, 2006



Vesi posted:

lawyers don't know poo poo abotu poo poo except the extremely narrow domain of keeping me out of jail, why should I listen to them?

My doctor says I shouldn’t eat thirty six watermelons a week (w/ seeds) but he doesn’t know poo poo outside his extremely narrow domain so should shut the fucj up and quit calling my mom about it

drk
Jan 16, 2005

Consummate Professional posted:

Is that all of them

I suspect they're going to be finding new companies for a while.

Then again, they may find a journal labeled "Sams crimes journal" that just lists them all out

Jean-Paul Shartre
Jan 16, 2015

this sentence no verb


more falafel please posted:

Yeah this is just because they made a million shell/holding companies for various reasons.

Weird that they did listen to their lawyers enough to build a hundred-plus entity structure, but not to have a board meeting, not steal client funds, or shut up before going to jail.

Jean-Paul Shartre fucked around with this message at 13:52 on Nov 20, 2022

The Kins
Oct 2, 2004
This happened a few days ago, but I don't think it was posted here: The Australian Securities Exchange is killing its biggest blockchain project - a "private blockchain" replacement for its 25+ year old Itanium-based COBOL system CHESS - after five delays, seven years and AU$250 million (US$167 million), which has been declared a write-off.

quote:

ASX selected Digital Asset Holdings to build the distributed ledger at the end of 2017, after it began exploring the technology in 2015. The consideration of blockchain came amid huge hype at the potential for the technology to create efficiencies in markets by reducing the role of intermediaries.

It was originally set to go live in April last year. But that was pushed back numerous times as it became clear the system would not meet the needs of the market. This included not having enough throughput to settle trades.

The ASX struggled to bring to life its original intention to cut costs out of the operation of the market as the proposed technology struggled to interrelate to disparate systems that connect to the settlement and clearing system. Incumbent registries and custody companies were concerned the ASX was trying to use the technology to take over their functions.

Elias_Maluco
Aug 23, 2007
I need to sleep
That’s what happens when you don’t have that one smart engineer in the meeting to explain why “lets put in on the blockchain!” is a bad idea

Slugworth
Feb 18, 2001

If two grown men can't make a pervert happy for a few minutes in order to watch a film about zombies, then maybe we should all just move to Iran!
Wait, should I be investing in Bitcoin??

Scratch Monkey
Oct 25, 2010

👰Proč bychom se netěšili🥰když nám Pán Bůh🙌🏻zdraví dá💪?

Slugworth posted:

Wait, should I be investing in Bitcoin??

Let's look at the price...



Yes. Definitely. This is your chance to buy the dip

edit:

Scratch Monkey fucked around with this message at 14:41 on Nov 20, 2022

MarcusSA
Sep 23, 2007


This planet sucks

Alan Smithee
Jan 4, 2005


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

Enthusiasms, enthusiasms...
Baby you’re a firework

Mumpy Puffinz
Aug 11, 2008
Handle with Caution
Nap Ghost
Oh no Crypto is failing! Whatever will we do.
Go back to investing in real scams, like Health insurance and the stock market

resistentialism
Aug 13, 2007

Consummate Professional posted:

Is that all of them

Probably way more fake firms. Once you've got over a hundred, why stop there?

Taco Duck
Feb 18, 2011


Why isn't Bitcoin at like $200

MarcusSA
Sep 23, 2007

Taco Duck posted:

Why isn't Bitcoin at like $200

Because hodl

stab
Feb 12, 2003

To you from failing hands we throw the torch, be yours to hold it high

Taco Duck posted:

Why isn't Bitcoin at like $200

Because Tether printer go brrrrrrr

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
because the exchanges always pull the router power cord out when a big drop starts happening, or print new stablecoins and inject them in to the market to prop up the price. if they just let it die with dignity it would be sub a dollar now

drk
Jan 16, 2005

Taco Duck posted:

Why isn't Bitcoin at like $200

The market for crimes and very online goldbugs will never die

edit:

also the "bitcoin not crypto" crowd who think they have a very sophisticated take on software-based money systems, and all the problems in "crypto" are because those other people picked an insufficiently pure coin

drk fucked around with this message at 18:06 on Nov 20, 2022

notwithoutmyanus
Mar 17, 2009
ugh, crypto people find the absolutely dumbest tools ever. As if it's not clear upfront they're targeting boomers and conspiracy theorists.

https://www.myriad.social

"as soon on newsmax/fox news"
:dumbbravo:

Heath
Apr 30, 2008

🍂🎃🏞️💦

drk posted:

The market for crimes and very online goldbugs will never die

edit:

also the "bitcoin not crypto" crowd who think they have a very sophisticated take on software-based money systems, and all the problems in "crypto" are because those other people picked an insufficiently pure coin

I mean in a sea of grifts Bitcoin is the only one that stands out as being maybe usable, kind of

Ups_rail
Dec 8, 2006

by Fluffdaddy

Heath posted:

I mean in a sea of grifts Bitcoin is the only one that stands out as being maybe usable, kind of

because it was the first?

I just remember the white paper saying it was proof of concept

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Mumpy Puffinz
Aug 11, 2008
Handle with Caution
Nap Ghost

Heath posted:

I mean in a sea of grifts Bitcoin is the only one that stands out as being maybe usable, kind of

maybe, kind of? what the gently caress can you use bitcoin for?

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