Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
huh
Jan 23, 2004

Dinosaur Gum
Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

Adbot
ADBOT LOVES YOU

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day

huh posted:

Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

Tubgirl

A Bakers Cousin
Dec 18, 2003

by vyelkin

huh posted:

Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

https://youtu.be/YQ_xWvX1n9g

Gutcruncher
Apr 16, 2005

Go home and be a family man!
I’ll never forget that super old video “how to buy gas with bitcoins” where the steps were

1. Find someone to buy your bitcoins on their phone right now
2. Wait, which was clearly edited drastically down for time
3. Use the real money you get from the sale to buy gas

And it was seriously intended as a “wow bitcoin is so versatile!” thing.

happyhippy
Feb 21, 2005

Playing games, watching movies, owning goons. 'sup
Pillbug

Gutcruncher posted:

I’ll never forget that super old video “how to buy gas with bitcoins” where the steps were

1. Find someone to buy your bitcoins on their phone right now
2. Wait, which was clearly edited drastically down for time
3. Use the real money you get from the sale to buy gas

And it was seriously intended as a “wow bitcoin is so versatile!” thing.

Another was to find a gas station that accepted butts.
They found one, 50 miles away.
100 mile round trip to buy gas!
THE FUTURE!

Dinosaurs!
May 22, 2003

TIME has an article where a crypto proponent reacts to Dan Olson’s video: https://time.com/6144332/the-problem-with-nfts-video/

The responses are diplomatic “yes, but…” explanations except for:

quote:

Olson’s Critique: In the cryptocurrency world, the end goal is the financialization of everything. Everything becomes a stock market.

TC: I do believe eventually there will be hyper-tokenization, and everything of value will find some kind of on-chain denomination. Because blockchain introduced these ideas of value exchange from person-to-person without going through centralized authorities. Throughout human history, financial assets are almost like a mysterious, sacred thing: You have to be some kind of authority in order to issue an asset, and there’s a huge entry barrier.

Now, just like the internet, which democratized the spread of information, the blockchain is allowing everybody to create assets of value. This is seriously groundbreaking.

… where they completely fail to grasp - or willfully ignore - that “everything of value” is ultimately everything and that Olson’s critique is that this is a bad outcome for society.

Gutcruncher
Apr 16, 2005

Go home and be a family man!
A return to the days of having to do a 25 way trade to get the thing you want instead of just having a single medium of trade that everyone in the country uses. Finally!

kw0134
Apr 19, 2003

I buy feet pics🍆

These morons will say that the culling of humanity to 15% of its current population can be accomplished via blockchain-mediated murderbots and pass it off as an inevitable feature that no one can possibly stop, and in fact we should embrace it.

Lawman 0
Aug 17, 2010

Somfin posted:

The BBC in particular has given up a lot of its scruples; it's still trying to post through the fallout of interviewing a multiple-accused rapist lesbian pornstar on the topic of trans people "pressuring women into sex," who then went on to turn her personal website into a murderous manifesto explicitly calling for gang rapes and lynchings.

They did interview some trans researchers for it, but then claimed in the article that they hadn't.

I remember when I was young and naive thinking that a state-run news outlet was a good idea. I had never considered the idea of that news outlet becoming beholden to a failing or vile state apparatus.

Wait, what the gently caress?

huh
Jan 23, 2004

Dinosaur Gum

Instructions clear but still no bitcoin.

Random Stranger
Nov 27, 2009



kw0134 posted:

These morons will say that the culling of humanity to 15% of its current population can be accomplished via blockchain-mediated murderbots and pass it off as an inevitable feature that no one can possibly stop, and in fact we should embrace it.

If the 15% population cull is also the 15% of the population who uses crypto, then we finally have a good use for the blockchain.

priznat
Jul 7, 2009

Let's get drunk and kiss each other all night.
Just a little bit more idiocy in the Ottawa trucker protest, because of course they’re also into bitcoin

https://twitter.com/glen_mcgregor/status/1491508868047945729

Salt Fish
Sep 11, 2003

Cybernetic Crumb

Dinosaurs! posted:

TIME has an article where a crypto proponent reacts to Dan Olson’s video: https://time.com/6144332/the-problem-with-nfts-video/

The responses are diplomatic “yes, but…” explanations except for:

… where they completely fail to grasp - or willfully ignore - that “everything of value” is ultimately everything and that Olson’s critique is that this is a bad outcome for society.

lmfao "Because blockchain introduced these ideas of value exchange from person-to-person without going through centralized authorities."

blockchain invented trading two things for each other. Wow, amazing.

Salt Fish
Sep 11, 2003

Cybernetic Crumb
"“If it’s actually a revolutionary technology, which I believe Web 3 is, it’s not going to stay stupid forever,” she says."

lol

Paladinus
Jan 11, 2014

heyHEYYYY!!!
If I find a way to transmutate poo poo into gold, all my poo poo hoarding will have an incredible payoff!

NLJP
Aug 26, 2004


Lawman 0 posted:

Wait, what the gently caress?

https://youtu.be/b4buJMMiwcg

(Don't worry, this skull avatar guy is a good skull avatar guy for once)

He has two 10-15 min followups about the results of his complaints to the BBC, too. Ostriches come to mind.

NGDBSS
Dec 30, 2009






Lawman 0 posted:

Wait, what the gently caress?
Shaun's travails are a good encapsulation of the mess, but yes the BBC really did platform a TERF sex pest and is still to my knowledge unwilling to show contrition.
https://www.youtube.com/watch?v=b4buJMMiwcg
https://www.youtube.com/watch?v=qfjTG6SVjmQ
https://www.youtube.com/watch?v=fRn1UZ4fhdE

Main Paineframe
Oct 27, 2010

huh posted:

Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

You can find some info about buying NFTs at https://goatse.cx/

NLJP
Aug 26, 2004


NGDBSS posted:

Shaun's travails are a good encapsulation of the mess, but yes the BBC really did platform a TERF sex pest and is still to my knowledge unwilling to show contrition.
https://www.youtube.com/watch?v=b4buJMMiwcg
https://www.youtube.com/watch?v=qfjTG6SVjmQ
https://www.youtube.com/watch?v=fRn1UZ4fhdE

Yeah this, I just didn't embed my link properly sorry friends.

Shaun is good people

Strong Sauce
Jul 2, 2003

You know I am not really your father.





barter but somehow more convoluted and expensive.

Strong Sauce
Jul 2, 2003

You know I am not really your father.





Gutcruncher posted:

I’ll never forget that super old video “how to buy gas with bitcoins” where the steps were

1. Find someone to buy your bitcoins on their phone right now
2. Wait, which was clearly edited drastically down for time
3. Use the real money you get from the sale to buy gas

And it was seriously intended as a “wow bitcoin is so versatile!” thing.

https://twitter.com/bitcoinmagazine/status/1460701940615204870

dude literally does the whole "yeah yeah come on hurry up" thing with his hands.

the future!

zedprime
Jun 9, 2007

yospos
Good news everybody, I've capitalized my dick and am running early depreciation calculations based on how many miles of pipe I lay, cleverly tracked in the Blockchain. Can't believe I didn't think of this sooner.

Gutcruncher
Apr 16, 2005

Go home and be a family man!

Strong Sauce posted:

https://twitter.com/bitcoinmagazine/status/1460701940615204870

dude literally does the whole "yeah yeah come on hurry up" thing with his hands.

the future!

Full minute of being frustrated with the glare on the screen, the time it took, the amount of steps and manual work involved . Looks directly at the camera while smiling.

“Boom”

MarcusSA
Sep 23, 2007

Strong Sauce posted:

https://twitter.com/bitcoinmagazine/status/1460701940615204870

dude literally does the whole "yeah yeah come on hurry up" thing with his hands.

the future!

When I tap with Apple Pay on my phone it just works instantly.

I can even use it to go on the tub and barely have to stop walking and the gate opens.

Gutcruncher
Apr 16, 2005

Go home and be a family man!

MarcusSA posted:

When I tap with Apple Pay on my phone it just works instantly.

I can even use it to go on the tub and barely have to stop walking and the gate opens.

Why would you want such immediacy though? Bitcoin gives you time to think about it before anything is finalized. And besides we here at bitcoin think nobody stops to smell the roses anymore.

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day

Strong Sauce posted:

https://twitter.com/bitcoinmagazine/status/1460701940615204870

dude literally does the whole "yeah yeah come on hurry up" thing with his hands.

the future!

this is what I imagine all age of consent optional bitclowns look like.

Sashimi
Dec 26, 2008


College Slice

Gutcruncher posted:

Why would you want such immediacy though? Bitcoin gives you time to think about it before anything is finalized. And besides we here at bitcoin think nobody stops to smell the roses anymore.
Smelling tulips would be more apropos for bitcoin.

King Hong Kong
Nov 6, 2009

For we'll fight with a vim
that is dead sure to win.

I’ve apparently met that lady who was indicted for laundering bitcoin in real life at a wedding. According to the person whose wedding it was, she is actually legitimately smart but uh… you definitely don’t get that feeling from her social media.

King Hong Kong fucked around with this message at 00:41 on Feb 10, 2022

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day

King Hong Kong posted:

I’ve apparently met that lady who was indicted for laundering bitcoin in real life at a wedding. According to the person whose wedding it was, she is actually legitimately smart but uh… you definitely don’t get that feeling from her social media.

loving LOL

Potato Salad
Oct 23, 2014

nobody cares


El Spamo posted:

Ironically, because of the nature of a blockchain, even HARDER because each individual 'coin' can have its transaction history trivially traced back to its initial creation. So even if somehow a criminal kept their hands clean in the initial theft and bounced the crypto through however many dummy accounts, at the final stage attempting to cash out you're either obviously the person who stole it in the first place or a dumbshit who probably knowingly received stolen property.

I totally believe that those two dipshits stole however many thousands of bitcoin, because I have zero faith that bitfinex had any meaningful security and a second-rate hacker got in. After that, because bitcoin is stupidly insecure and has zero transaction oversight ZOOP away it goes! After that, it's Ozark but dumber, online and with a terrible sound track.

Correct me if I'm wrong, but bitcoins themselves are individually trackable, right? Like, you can distinguish one coin from another so while they're fungible in value (getting one particular bitcoin vs. another makes no difference) they're not fungible in nature in that if a given bitcoin is used in a crime, you can easily track that coin (unlike a $100 bill, which even if you know the serial number of a given bill that's used in a crime it's hilariously hard to track its movement) through every change of hands it makes. So even the initial pitch for bitcoin and crypto that I remember from 10 years ago that it's an anonymous, online cash-equivalent, is bunk. I mean, of course it's bunk why would that surprise anyone.

"Bitcoin is digital cash* and preserves** privacy*** by preventing the GOVERNMENT from watching**** your transactions!"

*it's not
**it doesn't
***there is no privacy on the blockchain
****apparently it's trivial to do this

It's not one stupid thing, or another stupid thing, it's always BOTH stupid things.

It's why crypto-crypto laundering services exist: insert a bunch of crypto in one end, get crypto out the other end in various clever ways

funnily enough, the ~3 major operations that actually do good work at scale require trust in the central authority that is the laundering service

Potato Salad
Oct 23, 2014

nobody cares


huh posted:

Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

If you're dead loving serious about doing this, sigh.

Coinbase is kinda one of the least likely exchanges to land you in a world of poo poo with your driver's license and everything else you need to disclose about yourself getting sold or stolen. Go buy a few bucks of etherium, watch their price go woohoo up and down, and then go open a Vanguard or Betterment account.

There's a reason that people often prefer to do crypto investment with their illicitly-onshored silver spoon inheritance or other ill-gotten gains: setting this poo poo up as an upstanding citizen is loving invasive as opening a bank account post- PATRIOT ACT

to be clear, if an exchange is letting you "buy crypto" without going through the steps for adequate Know Your Customer right now, they're either

(1) a scam
(2) small and vulnerable, see 1
(3) not actually giving you control of your private keys. there's a lot of "invest in crypto!!!" out there right now that's really just an index fund used to play stupid financial games at your expense

Potato Salad fucked around with this message at 01:13 on Feb 10, 2022

Salt Fish
Sep 11, 2003

Cybernetic Crumb

huh posted:

Would someone please recommend a youtube instructional for babby's first bitcoin purchase?

https://www.youtube.com/watch?v=vpYdEjvAg3k

tehinternet
Feb 14, 2005

Semantically, "you" is both singular and plural, though syntactically it is always plural. It always takes a verb form that originally marked the word as plural.

Also, there is no plural when the context is an argument with an individual rather than a group. Somfin shouldn't put words in my mouth.
So if you had some massive amount of stolen Bitcoin, say 3+ billion dollars worth, why not take 2/3 of it and give it to random wallets and spread the other billion across wallets that you control?

There’s no functional difference between one billion and three billion on a personal level, poo poo, you could even make it look like someone else did it, no?

Potato Salad
Oct 23, 2014

nobody cares


tehinternet posted:

So if you had some massive amount of stolen Bitcoin, say 3+ billion dollars worth, why not take 2/3 of it and give it to random wallets and spread the other billion across wallets that you control?

There’s no functional difference between one billion and three billion on a personal level, poo poo, you could even make it look like someone else did it, no?

take a look at the videos these people made, then look at every other billionaire

something about these quantities of wealth seems to make people terrifically insecure about the number itself

tehinternet
Feb 14, 2005

Semantically, "you" is both singular and plural, though syntactically it is always plural. It always takes a verb form that originally marked the word as plural.

Also, there is no plural when the context is an argument with an individual rather than a group. Somfin shouldn't put words in my mouth.

Potato Salad posted:

take a look at the videos these people made, then look at every other billionaire

something about these quantities of wealth seems to make people terrifically insecure about the number itself

That’s just amazing isn’t it?

Imagine thinking that some stupid big amount like $20 million isn’t enough to retire off of, let alone a billion.

Taerkar
Dec 7, 2002

kind of into it, really

Potato Salad posted:

If you're dead loving serious about doing this, sigh.

Coinbase is kinda one of the least likely exchanges to land you in a world of poo poo with your driver's license and everything else you need to disclose about yourself getting sold or stolen. Go buy a few bucks of etherium, watch their price go woohoo up and down, and then go open a Vanguard or Betterment account.

There's a reason that people often prefer to do crypto investment with their illicitly-onshored silver spoon inheritance or other ill-gotten gains: setting this poo poo up as an upstanding citizen is loving invasive as opening a bank account post- PATRIOT ACT

to be clear, if an exchange is letting you "buy crypto" without going through the steps for adequate Know Your Customer right now, they're either

(1) a scam
(2) small and vulnerable, see 1
(3) not actually giving you control of your private keys. there's a lot of "invest in crypto!!!" out there right now that's really just an index fund used to play stupid financial games at your expense

Related to this in the past few days I've gotten multiple phonecalls regarding suspicious activity on my Coinbase account that I absolutely do not have.

If anything I'm surprised it took this long for the autodialer scammers to get in on the deal.

Potato Salad
Oct 23, 2014

nobody cares


yeah

buy your little FOMO Coins then never loving touch the thing again

this poo poo doesn't really harm the day to day living identities of the high-level drug dealers getting poo poo directly from narcostates, and it doesn't harm rich ape kids with daddy's Panama money unencumbered by association with a real domestic identity between occasional cashout & immediate closure,

but breaches of private customer data absolutely stands to injure the everyday people who are pressed by FOMO commercials into opening Coinbase or Crypto.com accounts using actual PII, and it should be clear by this point that the defense procedures at these organizations is absolute loving poo poo

Potato Salad fucked around with this message at 01:41 on Feb 10, 2022

Potato Salad
Oct 23, 2014

nobody cares


these scams always end up hurting the working citizen far more than the wealthy failures whose bags suddenly need holding

priznat
Jul 7, 2009

Let's get drunk and kiss each other all night.
God drat it, hasn’t Canada had enough bullshit in the last few weeks

https://twitter.com/MichelleRempel/status/1491515963996471300

This is the conservative party idiots appealing to their capitalist grifter base

Adbot
ADBOT LOVES YOU

Grape
Nov 16, 2017

Happily shilling for China!

punishedkissinger posted:

those italians. all block, no chain.

In my experience you have this backwards.

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply