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Atrocious Joe posted:already exists Outstanding. I like that the artist's twitter account is suspended, and I also like that loading that article immediately gives me an ad for crypto
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Feb 15, 2022 07:52
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H.P. Hovercraft posted:what has me convinced is that there aren't really calls to ban it from the media or congress This story convinced me: https://www.reuters.com/markets/europe/bitcoin-network-power-slumps-kazakhstan-crackdown-hits-crypto-miners-2022-01-06/ Oh wow a key ally for both of the US's adversaries has a color revolution with one of its main causes being an energy shortage? And then it turns out that a massive percentage of the nation's energy has been redirected toward crypto? You don't say.
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Feb 15, 2022 08:24
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JeremoudCorbynejad posted:If it weren't for the environmental cost I'd be genuinely tempted to mint my own exclusive "Dutch tulip" NFT artwork collectibles Already been done. The real money is in celebrity feet nfts
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Feb 15, 2022 08:37
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Fame Douglas posted:The CIA isn't competent enough for any of this. You're just inventing things because you want to feel that the US government is in control. If anything, crypto is a fantastic flop for doing anything but making a few early adopters rich off a mass of rubes. Completely loving up the viability of your community/company/nation/species as a going concern in order to make a small cabal of oligarchs rich is kind of how capitalism works. My own pet theory is something like this: some spooks sat down and said “hey, you know how we use Tor to hide our actions online? We need something like that for the money we use to buy those drugs and pay for those pedophile rings that are the main things we do.” -> create crypto currency-> say “oh poo poo, this is only used for drugs, guns and kiddie porn, once people know how to track this stuff they know how to find us,we’re in trouble! We need some normal rubes to use this to hide our transactions” -> rubes buy crypto -> say “holy poo poo if we get everyone to buy our crypto we can cash out and live like kings” -> sell apes -> nation Balkanizes after bread riots because farmers took subsidies to stop growing wheat and grow jpegs instead (date TBD) But that’s just me, and I’m a little nutty.
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Feb 15, 2022 08:46
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I don't think it was on their radar until the silk road case but then the fbi had 33m in Bitcoin they'd seized (worth 7.5b today) and I think probably a lot of questions started being asked at that point.
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Feb 15, 2022 09:04
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The Atomic Man-Boy posted:If anything, crypto is a fantastic flop for doing anything but making a few early adopters rich off a mass of rubes. Completely loving up the viability of your community/company/nation/species as a going concern in order to make a small cabal of oligarchs rich is kind of how capitalism works. this also makes a lot of sense to me. it wouldn't surprise me if circa 2007/2008 they cook up crypto with this raft of spook/foreign policy objectives: provide cover for their own shady finances, extend US financial power into places that have dedollarised, increase corruption in adversarial regimes etc etc. but over time all of those just kinda fall away and are replaced with GET SOMEONE ELSE HODL BAG, RUGPULL
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Feb 15, 2022 11:14
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fuckin' Ponzi's how do they work? https://twitter.com/icp/status/1493682184238030851
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Feb 15, 2022 21:34
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The CIA are going to hide their activities using a public write-only ledger which they can't control by design. Sure guys.  30.5 Days posted:https://www.reuters.com/markets/europe/bitcoin-network-power-slumps-kazakhstan-crackdown-hits-crypto-miners-2022-01-06/ Know how it actually works? It's a lottery. Whoever guesses the right answer first gets some bitcoin. Having a greater share of the hashing power gives you more guesses than everyone else so you win more often. That's why it's an infinite arms race with ludicrous and ever expanding power consumption and trail of electronic waste.
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Feb 15, 2022 21:41
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Spatial posted:The CIA are going to hide their activities using a public write-only ledger which they can't control by design. Sure guys. yes and also the odds of winning get lower the more guessers there are, so adding more computers to the game does absolutely nothing for transaction speed or throughput
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Feb 15, 2022 21:49
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This (short) thread is a great layman explanation for how buttcoin mining actually works. It's literally just "tell me a random number and I'll tell you if you won or not." https://twitter.com/poppy_haze/status/1492949091646685193
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Feb 15, 2022 22:21
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Spatial posted:The CIA are going to hide their activities using a public write-only ledger which they can't control by design. Sure guys. Who said it was "Computers yelling numberwang at each other"? Because I've never heard a more apt description.
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Feb 15, 2022 22:31
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30.5 Days posted:This story convinced me: https://www.reuters.com/markets/europe/bitcoin-network-power-slumps-kazakhstan-crackdown-hits-crypto-miners-2022-01-06/ Protests were over LPG which is unrelated to crypto. Come on lol
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Feb 15, 2022 22:33
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Failson posted:Who said it was "Computers yelling numberwang at each other"? Because I've never heard a more apt description. David Gerard aka dgerard
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Feb 15, 2022 22:39
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https://twitter.com/NateSilver538/status/1493606220271435791 The smart with numbers guy
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Feb 15, 2022 23:41
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Charles 2 of Spain posted:https://twitter.com/NateSilver538/status/1493606220271435791 not sure how much lower we can rank him. nate dirt?
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Feb 16, 2022 03:16
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nate crypto
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Feb 16, 2022 03:19
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I wish Dean Oliver had gotten to be the "smart with numbers and sports" guy instead, way less of a jackass, and someone who got into basketball stats after losing an eye deserves a ton of respect
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Feb 16, 2022 03:45
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A level of humility, dignity, and self respect Nate Dogecoin could never come up with https://twitter.com/DeanO_Lytics/status/1448454985541373954?s=20&t=GKIlkBGxH9QYC4mrMlsKxg (E: this guy more or less came up with modern usage curves in the NBA and wrote a good book describing the history of ball. And why anyone saying old basketball was better should have to watch Antoine Walker v. Steve Francis) Isentropy has issued a correction as of 03:56 on Feb 16, 2022 |
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Feb 16, 2022 03:51
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gently caress Nate
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Feb 16, 2022 06:11
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Nate gently caress
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Feb 16, 2022 06:36
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Please don't gently caress the Nate
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Feb 16, 2022 07:02
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 https://twitter.com/Snowden/status/1494070419921510402
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Feb 16, 2022 23:18
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it’s fine I don’t even play1% of the games that come out now also lol
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Feb 17, 2022 09:01
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Cabbages and Kings posted:it’s fine I don’t even play1% of the games that come out now lol I only watch them free on streaming now, assuming i'm even bothered to begin with. All are just the same old gameplay elements over and over with a different story and visuals. A $1500 GPU for these games? Nah, gently caress the right off.
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Feb 17, 2022 09:42
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https://twitter.com/crypto/status/1494032040316088326?t=h3mxk3xkcOAWPy2fcz-OjQ&s=19
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Feb 17, 2022 13:21
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I agree, we should declare a war on crypto.
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Feb 17, 2022 20:47
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https://twitter.com/adamjohnsonNYC/status/1494321893247107088
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Feb 17, 2022 21:21
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https://twitter.com/DCLBlogger/status/1493490191767830531 https://twitter.com/polearmguy/status/1493583435767685126
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Feb 17, 2022 21:59
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Sorry timmy your dad clicked the wrong link while looking for "big naturals" on bing, so now you're homeless. As we say in the crypto biz, ess eff why ell!
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Feb 17, 2022 22:42
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https://twitter.com/YahooFinance/status/1494366630884909060
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Feb 18, 2022 02:15
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why won't they just ban it
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Feb 18, 2022 03:07
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30.5 Days posted:Sorry timmy your dad clicked the wrong link while looking for "big naturals" on bing, so now you're homeless. As we say in the crypto biz, ess eff why ell! I got hacked All my home gone
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Feb 18, 2022 03:11
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H.P. Hovercraft posted:why won't they just ban it why? increasingly insane financial fuckery is basically one of the few growth sectors left western capitalists are willing to invest in. returns on that are so much better than any investment in typical capital intensive industries able to absorb the amount of capital they have to stash somewhere, or even most software or intellectual property focused businesses it's not like having finance being an increasingly large portion of your economy has ever lead to anything bad happening or anything
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Feb 18, 2022 04:16
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H.P. Hovercraft posted:why won't they just ban it at this point that would crash the stock market
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Feb 18, 2022 04:28
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H.P. Hovercraft posted:why won't they just ban it You mean like communist China???
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Feb 18, 2022 05:09
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H.P. Hovercraft posted:why won't they just ban it oh no reason, just a little thing called the tendency for the rate of profit to fall
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Feb 18, 2022 05:32
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Aglet56 posted:oh no reason, just a little thing called the tendency for the rate of profit to fall i hear that's just a Marxist Myth
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Feb 18, 2022 05:38
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paying a couple hundred bux and waiting an hour to unlock my front door someone read the first part of ubik and thought, how could i make this worse
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Feb 18, 2022 13:04
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H.P. Hovercraft posted:why won't they just ban it Biden's all in on Young Mouth Token
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Feb 18, 2022 14:30
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they don't even have enough chips to make cars anymore you loving idiots!
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Feb 18, 2022 15:09
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