Bitcoin: no angel investors, only Faustian bargains

The Something Awful Forums > Main > General Bullshit > Bitcoin: no angel investors, only Faustian bargains

«‹›2276 »

for fucks sake: Jan 23, 2016

egg_dog posted:

Some wanker's gone and 'alf inched my chimps

Some ringpiece made off wi ma monkeys.

# ? Apr 10, 2022 07:33

Adbot: ADBOT LOVES YOU

# ? May 28, 2024 19:48

Hello Sailor: May 3, 2006; we're all mad here

Mad Dragon posted:

Almost a bit of raspberry jam back there, yeah?

Got the swag, kept the monkey, job well done!

:barf:

# ? Apr 10, 2022 08:21

spankmeister: Jun 15, 2008

Hello Sailor posted:

Got the swag, kept the monkey, job well done!

I think I you need to stop

stop posting

# ? Apr 10, 2022 08:51

bobjr: Oct 16, 2012; Roose is loose.
🐓🐓🐓✊🪧

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

# ? Apr 10, 2022 16:26

Klyith: Aug 3, 2007; GBS Pledge Week

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

someone who likes bored apes is so lacking in creativity that when starting a restaurant, they decide to do fast food burgers & fries

checks out

# ? Apr 10, 2022 16:48

Pham Nuwen: Oct 30, 2010

What is "FREE POAP?"

Free soap would be a good idea for that crowd.

But I fear it's more likely to be free pop.

# ? Apr 10, 2022 16:51

Rotten Red Rod: Mar 5, 2002

It's just a 90-day pop-up, thank gently caress. And it's all done by one guy who owns the 3 apes you see plastered all over the package.

# ? Apr 10, 2022 16:51

limp_cheese: Sep 10, 2007; Nothing to see here. Move along.

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

I like that they are saying on the poster Bored Ape Yacht Club is more valuable than Mutant Bored Ape Yacht Club. Really gotta make sure there are class divisions when you order fast food.

# ? Apr 10, 2022 16:52

Macichne Leainig: Jul 26, 2012; by VG

Pham Nuwen posted:

What is "FREE POAP?"

Free soap would be a good idea for that crowd.

But I fear it's more likely to be free pop.

Proof of Attendance Protocol (POAP) is a protocol that creates digital badges or collectibles through the use of blockchain technology.

Because you don't have a memory if it's not committed to the blockchain.

# ? Apr 10, 2022 17:15

Klyith: Aug 3, 2007; GBS Pledge Week

Pham Nuwen posted:

What is "FREE POAP?"

an NFT that says "I was there" for some event

now your ticket stub isn't just 1/1000th of a tree, but a half acre of burned down forest

# ? Apr 10, 2022 17:15

notwithoutmyanus: Mar 17, 2009

limp_cheese posted:

I like that they are saying on the poster Bored Ape Yacht Club is more valuable than Mutant Bored Ape Yacht Club. Really gotta make sure there are class divisions when you order fast food.

Shows you that there is so little value they're hoping they can pawn it off to someone else.

# ? Apr 10, 2022 17:48

Salt Fish: Sep 11, 2003; Cybernetic Crumb

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

Restaurant food wrapper is actually a perfect use case for the disposable infinitely reproducible trash that this art represents.

# ? Apr 10, 2022 18:08

PhazonLink: Jul 17, 2010

limp_cheese posted:

I like that they are saying on the poster Bored Ape Yacht Club is more valuable than Mutant Bored Ape Yacht Club. Really gotta make sure there are class divisions when you order fast food.

have any of these clubs actually done anything on a boat or by the water?

# ? Apr 10, 2022 18:11

CaptainSarcastic: Jul 6, 2013

I can't remember if it's been mentioned previously, but yesterday I saw a TV ad for some outfit shilling crypto investment as part of their retirement account packages.

Think it was this company:

https://itrustcapital.com/

My hope is that, like the Super Bowl advertising, this is part of the last gasp to bilk the last dollars out of the last group of bagholders before the whole thing continues to slide back into obscurity.

# ? Apr 10, 2022 18:41

happyhippy: Feb 21, 2005; Playing games, watching movies, owning goons. 'sup; Pillbug

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

Some nearby McDonalds is going to get pissed when some neckbeard waddles in and orders 50 Big Mac meals to go at 11am that day.

# ? Apr 10, 2022 19:07

MrUnderbridge: Jun 25, 2011

Seymour, these steamed ape hams taste suspiciously like the Big Macs sold by McDonalds.

# ? Apr 10, 2022 19:14

Desert Bus: May 9, 2004; Take 1 tablet by mouth daily.

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

Why do I feel like they chose that location due to the "E 7TH" in the address because lol ETH. How clever.

# ? Apr 10, 2022 19:17

the holy poopacy: May 16, 2009; hey! check this out; Fun Shoe

Was driving around and saw a payday loan place advertising WE SELL BITCOIN (but no mention of buying.) Kinda tells you everything you need to know about which side of that transaction the sucker is on...

# ? Apr 10, 2022 20:04

Zil: Jun 4, 2011; Satanically Summoned Citrus

Yeah all the bitcoin "ATMs" that were installed at a local gas station have been removed. Guess the machines didn't make as much money as they advertised.

# ? Apr 10, 2022 20:07

HappyHippo: Nov 19, 2003; Do you have an Air Miles Card?

the holy poopacy posted:

Was driving around and saw a payday loan place advertising WE SELL BITCOIN (but no mention of buying.) Kinda tells you everything you need to know about which side of that transaction the sucker is on...

All the Bitcoin ATMs I've seen only sell Bitcoin

# ? Apr 10, 2022 20:08

Desert Bus: May 9, 2004; Take 1 tablet by mouth daily.

Wasn't half the point of the Bitcoin ATMs was that they were also miners using the store's free electricity? I can't imagine that would be worth it these days unless you find some sucker who will let you put a few dozen in the store.

# ? Apr 10, 2022 20:13

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.

bobjr posted:

https://twitter.com/shadowtodd/status/1512865503588454401?s=21&t=jcsLozgcDv3NCwT3p8hhbQ

Bapes this ain't

# ? Apr 10, 2022 21:28

LifeSunDeath: Jan 4, 2007; still gay rights and smoke weed every day

I love the ghost kitchen poo poo, it's basically the NFT of the food world. Just send some industrial cafeteria a bunch of wrappers and they'll load you up with Sysco burgers you sell to idiots.

# ? Apr 10, 2022 21:44

CaptainSarcastic: Jul 6, 2013

LifeSunDeath posted:

I love the ghost kitchen poo poo, it's basically the NFT of the food world. Just send some industrial cafeteria a bunch of wrappers and they'll load you up with Sysco burgers you sell to idiots.

But ghost kitchens provide actual goods and services so it's not really an apt comparison.

# ? Apr 10, 2022 22:00

Doctor Dogballs: Apr 1, 2007; driving the fuck truck from hand land to pound town without stopping at suction station

you could right click save an NFT and print it off as many times as you want, then eat those prints, thus makign NFTs an infinite source of nourishment

# ? Apr 10, 2022 22:37

Boywhiz88: Sep 11, 2005; floating 26" off da ground. BURR!

CaptainSarcastic posted:

But ghost kitchens provide actual goods and services so it's not really an apt comparison.

I believe I read recently that ghost kitchens also result in a lot of food poisoning. So maybe we�ll get lucky!

# ? Apr 10, 2022 23:10

Thorgot: Apr 4, 2010

https://www.nytimes.com/2022/04/10/us/politics/crypto-industry-states-legislation.html

quote:

TALLAHASSEE, Fla. — The debate took less than four minutes.

In the Florida House last month, legislators swiftly gave final approval to a bill that makes it easier to buy and sell cryptocurrency, eliminating a threat from a law intended to curb money laundering. One of the few pauses in the action came when two House members stood up to thank crypto industry “stakeholders” for teaming with state officials to write a draft of the bill.

“Whether you’re Binance or Ethereum, Dogecoin or Bitcoin, this is a great bill,” said Representative John Snyder, a Palm City Republican, referring to crypto exchanges and coins.

Shortly afterward, the House voted unanimously to pass the measure. The Senate followed, sending the bill to Gov. Ron DeSantis for his signature after 75 seconds of deliberations.

Florida’s warm embrace of the cryptocurrency agenda is just the tip of an aggressive industry-led push to position states as crypto-friendly beachheads. Across the nation, crypto executives and lobbyists are helping to draft bills to benefit the fast-growing industry, then pushing lawmakers to adopt these made-to-order laws, before moving rapidly to profit from the legislative victories.

...

Long article but worth a read. All the more reason for national legislation on cryptocurrencies

# ? Apr 10, 2022 23:24

LifeSunDeath: Jan 4, 2007; still gay rights and smoke weed every day

Thorgot posted:

https://www.nytimes.com/2022/04/10/us/politics/crypto-industry-states-legislation.html

Long article but worth a read. All the more reason for national legislation on cryptocurrencies

Jfc, florida

e,c:
https://twitter.com/BowtasticGuy/status/1513198174122528778?s=20&t=Ejt7u84xM6grFrEeyirrXA

LifeSunDeath fucked around with this message at 23:57 on Apr 10, 2022

# ? Apr 10, 2022 23:35

zedprime: Jun 9, 2007; yospos

Much of the Florida economy is based on the art of taking old people's assets and getting them in the hands of politicians and their croneys when they die (or ideally earlier) so you got to imagine how juicy the 401k to bitcoin pipeline is looking.

# ? Apr 10, 2022 23:57

DrPossum: May 15, 2004; i am not a surgeon

zedprime posted:

Much of the Florida economy is based on the art of taking old people's assets and getting them in the hands of politicians and their croneys when they die (or ideally earlier) so you got to imagine how juicy the 401k to bitcoin pipeline is looking.

old people AND tourists

# ? Apr 11, 2022 00:04

Zil: Jun 4, 2011; Satanically Summoned Citrus

Representative Snyder, is the Dogecoin in the room with us now?

# ? Apr 11, 2022 00:06

Main Paineframe: Oct 27, 2010

Desert Bus posted:

Wasn't half the point of the Bitcoin ATMs was that they were also miners using the store's free electricity? I can't imagine that would be worth it these days unless you find some sucker who will let you put a few dozen in the store.

I don't think that ever actually happened

The Bitcoin ATMs were just supposed to be advertisements for Bitcoin, something to lure people into the ecosystem.

# ? Apr 11, 2022 00:49

Call Your Grandma: Jan 17, 2010

the holy poopacy posted:

Was driving around and saw a payday loan place advertising WE SELL BITCOIN (but no mention of buying.) Kinda tells you everything you need to know about which side of that transaction the sucker is on...

Take out a loan at 184% in fiat, watch your bitcoin bring in 284%. It's like these payday suckers are paying you.

# ? Apr 11, 2022 01:06

notwithoutmyanus: Mar 17, 2009

Desert Bus posted:

Wasn't half the point of the Bitcoin ATMs was that they were also miners using the store's free electricity? I can't imagine that would be worth it these days unless you find some sucker who will let you put a few dozen in the store.

Wait, there was a point to it other than illegal activity?

# ? Apr 11, 2022 03:57

Gazpacho: Jun 18, 2004; by Fluffdaddy; Slippery Tilde

afaik bitcoin kiosks were "this way to the egress" but for money

# ? Apr 11, 2022 04:11

Songbearer: Jul 12, 2007; Fuck you say?

I'm going to egress all over crypto

# ? Apr 11, 2022 04:28

LifeSunDeath: Jan 4, 2007; still gay rights and smoke weed every day

# ? Apr 11, 2022 05:12

Strong Sauce: Jul 2, 2003; You know I am not really your father.

Desert Bus posted:

Why do I feel like they chose that location due to the "E 7TH" in the address because lol ETH. How clever.

maybe but 7th st is also a very long st in long beach.

i looked up the address and surprisingly this was a restaurant that i had wanted to go to before covid happened, "louisiana asian kitchen."

it opened in 2019 i think and i had gone down there in 2020 but didn't have time, but was planning on going there on my next visit to socal... but it closed down last july.

# ? Apr 11, 2022 06:18