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Lutha Mahtin posted:a bitcoin ponzi man tried to escape the cops using an underwater scooter that has a top speed of 3.7 miles per hour: oh hey my friend lives near there, neat also it absolutely sounds like the FBI agents just patiently waited at the shoreline staring at the bubbles while he slowly scooted around underwater which is great
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Nov 19, 2020 05:31
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Lutha Mahtin posted:a bitcoin ponzi man tried to escape the cops using an underwater scooter that has a top speed of 3.7 miles per hour: that's such a good image, this guy diving into a lake in winter and the police just staring at little stream of bubbles as he slowly flees
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Nov 19, 2020 05:33
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"haha you'll never catch me down here, coppers!" brrrrrrrrrrr *fbi agents cross their arms and stand there for 25 minutes until he comes back up* "oh you're still here, huh"
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Nov 19, 2020 05:35
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you can't arrest me if I become a boat!
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Nov 19, 2020 05:49
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it was very thoughtful for his wife to give the cops those dry clothes
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Nov 19, 2020 06:27
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now I'm imagining them stopping by his house on the way to the jail
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Nov 19, 2020 07:35
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Boxturret posted:you can't arrest me if I become a boat!
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Nov 19, 2020 12:33
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Boxturret posted:now I'm imagining them stopping by his house on the way to the jail
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Nov 19, 2020 12:49
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Pile Of Garbage posted:got my copy of libra shrugged, can't wait to get home and crack it open! 
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Nov 20, 2020 01:59
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Shumagorath posted:Men, hoist the gold-fringed butt! That really had to be the most embarrassing arrest ever. orange juche fucked around with this message at 03:06 on Nov 20, 2020 |
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Nov 20, 2020 03:01
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https://www.youtube.com/watch?v=hlGU8hWsoiA
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Nov 20, 2020 23:20
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*buttcoin
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Nov 20, 2020 23:41
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for someone who's so sure of his investment you're pretty desperate for acknowledgement, seraph
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Nov 20, 2020 23:49
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just walking along minding my own business when suddenly a strange bit-coin-man falls from the sky, dead
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Nov 21, 2020 00:12
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Boxturret posted:just walking along minding my own business when suddenly a strange bit-coin-man falls from the sky, dead that is also my favorite part of saint's row 2
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Nov 21, 2020 00:13
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EorayMel posted:that is also my favorite part of saint's row 2 Morrowwind did it first.
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Nov 21, 2020 00:22
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con air
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Nov 21, 2020 00:42
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destroying the attack 'unregulated' implying that bitcoin is well regulated somehow.
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Nov 21, 2020 00:48
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CampingCarl posted:destroying the attack 'unregulated' implying that bitcoin is well regulated somehow. "so you're saying I'll be able to build a reliable economy where bad actors are held accountable?" "no, neo, I'm saying that when bitcoin is ready, you won't have to" the visual metaphor seems to imply that those attacks are not untrue but irrelevant compared to cool features like "fixed supply"
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Nov 21, 2020 02:03
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CampingCarl posted:destroying the attack 'unregulated' implying that bitcoin is well regulated somehow. bitcoin is well regulated in the second amendment sense
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Nov 21, 2020 03:13
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KnifeWrench posted:"so you're saying I'll be able to build a reliable economy where bad actors are held accountable?" KnifeWrench posted:the visual metaphor seems to imply that those attacks are not untrue but irrelevant compared to cool features like "fixed supply" One thing is certain: Bitcoin is a financial singularity. Once we cross the event horizon (hyperbitcoinization), there is no going back. Capitalism as we know it will soon come to an end. This was going to happen with or without Bitcoin, but is greatly accelerated by the more or less arbitrary redistribution of all wealth, which has already begun. What comes next, I can't say. As I see it, there are two possibilities: Crpyto-socialism, and crypto-fascism/feudalism. Many bitcoiners seem to be pining for the latter, a trend I find rather disturbing. I pray we arrive at the former, with minimal bloodshed. I'll do everything in my limited power to ensure that we do. That said, I have accumulated over 200 BTC to ensure the survival of my loved ones and myself in any eventuality. https://www.youtube.com/watch?v=IuwLrXX63UY
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Nov 21, 2020 13:28
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BlockchainMorpheus posted:capitalism almost certainly cannot survive with a bitcoin-based financial system.
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Nov 21, 2020 13:36
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"An era can be considered over when its basic illusions have been exhausted." -Arthur Miller Splicer posted:[CITATION NEEDED] More importantly, do you think people will tolerate a capitalism which, ostensibly based on random luck (of who bought in vs. who didn't), has redistributed massive quantities of wealth? If you think things are bad now, wait until people realize just how little control the masters of the financial universe truly have. It will be the final nail in the coffin for capitalism. The utter and total de-legitimization of the system. BlockchainMorpheus fucked around with this message at 13:44 on Nov 21, 2020 |
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Nov 21, 2020 13:39
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BlockchainMorpheus posted:The fixed-supply BlockchainMorpheus posted:breaks all the normal incentives. Money doesn't flow very well within a system which overwhelmingly incentivizes holding onto it. 1) because reasons, everyone will switch from the current currencies, which have a massive wealth inequality, to bitcoin, which also has a massive wealth inequality 2) everyone who is doing real bad under the current massive wealth inequality will go "huh, my eyes have been opened to the downsides of massive wealth inequality because bitcoin's economy is somehow even stupider than the current global economy" 3) magic happens 4) everyone is still using bitcoin but also it's fixed now Splicer fucked around with this message at 14:00 on Nov 21, 2020 |
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Nov 21, 2020 13:56
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Splicer posted:2) everyone who is doing real bad under the current massive wealth inequality will go "huh, my eyes have been opened to the downsides of massive wealth inequality because bitcoin's economy is somehow even stupider than the current global economy" The "magic" is that perception is reality. https://www.youtube.com/watch?v=pMLa4IeFKHM
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Nov 21, 2020 13:59
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BlockchainMorpheus posted:It's less about the perspective of those who are already doing bad in the current system, and more about the perspectives of those who are currently doing okay to very good, who will see their wealth evaporate before their eyes BlockchainMorpheus posted:This is not a scenario capitalism can survive.
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Nov 21, 2020 14:02
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Splicer posted:Because reasons *nods sagely* You'll figure it out sooner or later. This is all going to become extremely self-evident soon.
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Nov 21, 2020 14:03
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Is this another seraph alt?
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Nov 21, 2020 14:05
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Yes.
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Nov 21, 2020 14:08
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orange juche posted:Is this another seraph alt?
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Nov 21, 2020 14:09
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lol @ the idea that anyone thinks capitalism is "random". the folks with money think they earned it, a lot of poor people agree, and some folks think they stole it. nobody thinks it's about luck. whereas bitcoin literally is about luck. roll the trillion-sided die until it comes up zero, and you get paid!
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Nov 21, 2020 14:13
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Muscle Tracer posted:lol @ the idea that anyone thinks capitalism is "random". the folks with money think they earned it, a lot of poor people agree, and some folks think they stole it. nobody thinks it's about luck.
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Nov 21, 2020 14:15
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So assuming bitcoin does destroy all existing currencies, what happens after we switch from an economic system where 1% of the population controls 99% of the wealth to one where 0.01% of the population controls 99.99% of the wealth, and how is this good for bitcoin?
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Nov 21, 2020 14:16
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Splicer posted:So assuming bitcoin does destroy all existing currencies, what happens after we switch from an economic system where 1% of the population controls 99% of the wealth to one where 0.01% of the population controls 99.99% of the wealth, and how is this good for bitcoin?
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Nov 21, 2020 14:18
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gently caress off Seraph.
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Nov 21, 2020 14:26
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gschmidl posted:gently caress off Seraph.
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Nov 21, 2020 14:27
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BlockchainMorpheus posted:It's less about the perspective of those who are already doing bad in the current system, and more about the perspectives of those who are currently doing okay to very good, who will see their wealth evaporate before their eyes. This is not a scenario capitalism can survive. do you really pay $10 to register all these accounts or are you doing chargebacks or what?
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Nov 21, 2020 15:11
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orange juche posted:Is this another seraph alt? Registered today, references that dumb video, it's either seraph or someone pretending to be.
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Nov 21, 2020 15:12
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hyperbitcoinization is gonna rule. i'll die of old age before a single of my transactions goes through
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Nov 21, 2020 15:34
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bitcoin, the lovechild of libertarianism and tech-bro utopianism (which is perforce male dominated, largely white, and heavily capitalistic) will result in the destruction of capitalism. okay.
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Nov 21, 2020 15:47
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