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My favorite quote from there is: "But crypto remains a hammer in search of a nail; or, less charitably, a cult driven by technobabble and libertarian derp."
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May 5, 2022 18:48
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https://twitter.com/jratcliff/status/1522227685728129026
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May 5, 2022 19:41
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Don't you have to use a trading platform to you know send the coins? And then have the transaction verified by miners? How are those not a third party again?
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May 5, 2022 19:47
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Zil posted:Don't you have to use a trading platform to you know send the coins? And then have the transaction verified by miners? How are those not a third party again? I recall some coiner spouting off on how you could verify stuff with a pencil and paper and an intimate knowledge of the algorithm(s), lol.
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May 5, 2022 19:54
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priznat posted:I recall some coiner spouting off on how you could verify stuff with a pencil and paper and an intimate knowledge of the algorithm(s), lol. If that were the case, why are people not doing that instead of spending hundreds on video cards? 
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May 5, 2022 19:55
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Zil posted:If that were the case, why are people not doing that instead of spending hundreds on video cards? I think it was for the validity of a coin or something not the actual mining of a coin. But maybe you could attempt to mine a coin with pen and paper it would just take 100000 years 
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May 5, 2022 19:59
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Zil posted:Don't you have to use a trading platform to you know send the coins? And then have the transaction verified by miners? How are those not a third party again? Um actually unlike using a bank as a third party bitcoins uses a hundred third parties all simultaneously verifying the transaction at once.
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May 5, 2022 20:14
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That’s not fair. That’s not fair at all. There was multiple for each ape now. There was all the slurp juice I needed.
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May 5, 2022 20:14
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Zil posted:If that were the case, why are people not doing that instead of spending hundreds on video cards? Because while verifying the solution after the fact is pretty easy, solving it the first time is insanely difficult.
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May 5, 2022 20:16
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https://www.google.com/amp/s/fortune.com/2022/05/04/yuga-labs-bored-ape-yacht-club-chaotic-metaverse-nft-land-sale-underwater/amp/ Everyone who bought that ridiculous land sale poo poo from the board ape stuff the other day probably won't be making any money on it and probably spent more on gas fees than what they paid.
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May 5, 2022 21:15
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TengenNewsEditor posted:That’s not fair. For sale: one ape, multiple slurps.
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May 5, 2022 21:17
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Beefed Owl posted:https://www.google.com/amp/s/fortune.com/2022/05/04/yuga-labs-bored-ape-yacht-club-chaotic-metaverse-nft-land-sale-underwater/amp/ the game those NFTs are for isn't even out yet, just wait for that to launch and the value will go to the moon! yes i know the game is never going to come out
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May 5, 2022 21:41
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istewart posted:This landed in one of my spam boxes last week: Reading through that thing, the whole "Now you can get exclusive worthless junk personally curated for you to buy" left me feeling physical revulsion.
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May 5, 2022 21:48
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Hello Sailor posted:For sale: one ape, never slurped.
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May 5, 2022 22:15
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still reeling angry & upset that I can only use one slurpcoin per ape. whose idea was that. i will fight them
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May 5, 2022 22:18
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Dumb argument. Yeah obviously you can't fax coins, but it's easy to feed in the paper notes. What's great is when I've done this in the past, my friends were so impressed with this trick that they sent the notes straight back.
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May 5, 2022 22:18
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priznat posted:I think it was for the validity of a coin or something not the actual mining of a coin. But maybe you could attempt to mine a coin with pen and paper it would just take 100000 years how long would it take to play one frame of Doom?
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May 5, 2022 22:22
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https://twitter.com/smhrbst/status/1522278678205321216?s=21&t=MRbHkZ7U6hl6Dhx6vx5e2Q
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May 5, 2022 22:23
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Avynte posted:Reading through that thing, the whole "Now you can get exclusive worthless junk personally curated for you to buy" left me feeling physical revulsion. The implicit assumption that one's identity is primarily established through one's consumer choices is totally  , but also unsurprising coming from committed coiners. How you spend your money is what defines you!It makes a perverse amount of sense that they would target brand collaborations with this, though. It seems like a particularly high-profit area of fashion right now. I met a guy who spent a lot of time flipping streetwear, and that whole scene is flooded with FOMO too.
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May 5, 2022 22:28
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LOLing after reading that ApeCoin is worth $4500 or whatever and the week prior I read an article about a kid using 2 ApeCoin to buy his stupid burger from the BAYC burger pop up or whatever. Most expensive burger he ever bought.
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May 5, 2022 22:50
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Boywhiz88 posted:LOLing after reading that ApeCoin is worth $4500 or whatever and the week prior I read an article about a kid using 2 ApeCoin to buy his stupid burger from the BAYC burger pop up or whatever. Most expensive burger he ever bought. and in 12 months ape coin will be worth nothing, so the hamburger will have been free
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May 5, 2022 23:03
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Zil posted:And then have the transaction verified by miners? How are those not a third party again? I always like to just say "The miners are a third party" and watch them contort into how they're not.
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May 5, 2022 23:29
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Boywhiz88 posted:LOLing after reading that ApeCoin is worth $4500 or whatever and the week prior I read an article about a kid using 2 ApeCoin to buy his stupid burger from the BAYC burger pop up or whatever. Most expensive burger he ever bought. apecoin is worth like $13, more or less the same as a couple weeks ago
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May 5, 2022 23:31
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is that popup restaurant paying for rent and utilities in real money or fake money?
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May 5, 2022 23:42
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even crypto people dont price their poo poo in crypto, i dont think their landlord is taking apes
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May 6, 2022 00:18
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drk posted:apecoin is worth like $13, more or less the same as a couple weeks ago Seems like I missed that it was “305 ApeCoin” to make the parcel approx 4500 British pounds. My b!
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May 6, 2022 00:28
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ryde posted:I always like to just say "The miners are a third party" and watch them contort into how they're not. To steel-man the argument, I suppose that you could argue that the miners have no say in the execution of the transaction and technically don't know any details about it other than "X coins from account A to account B", thus have no context or oversight on it. Which, not knowing that much about the internal workings, may not in fact be true. I want to recall that a transaction can be denied for a host of reasons including "I don't like you". Certainly context-free transactions aren't something unique to crypto, I can write a check to my piano teacher without a memo on it and the bank knows nothing more than that I gave this person $50. I just realized that writing checks, the paper and pen thing, is safer, faster, and just as anonymous as crypto lmao
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May 6, 2022 00:33
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El Spamo posted:To steel-man the argument, I suppose that you could argue that the miners have no say in the execution of the transaction and technically don't know any details about it other than "X coins from account A to account B", thus have no context or oversight on it. At least with Bitcoin, the miners can pick and choose transactions as they like, which is why you have to bribe them with a fee to get your transactions processed
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May 6, 2022 00:37
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drk posted:At least with Bitcoin, the miners can pick and choose transactions as they like, which is why you have to bribe them with a fee to get your transactions processed Not really sure where I'm going with this thought, but from the perspective of someone who has failed at/been failed by the traditional banking system, overdraft fees might seem "just as bad" as gas fees.
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May 6, 2022 00:56
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El Spamo posted:To steel-man the argument,
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May 6, 2022 01:35
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istewart posted:A century-old brand like Gucci gets to endorse a really hot brand like Superplastic, I've been trying to find out since Guggimon wound up in Fortnite who the actual Superplastic fans are and after hours of research I'm not convinced any of them are real deadwing fucked around with this message at 01:43 on May 6, 2022 |
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May 6, 2022 01:40
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drk posted:At least with Bitcoin, the miners can pick and choose transactions as they like, which is why you have to bribe them with a fee to get your transactions processed with eth we get more advanced 3rd party free transactions where dudes with fast links can just observe what kind of transaction you'd be doing and if profitable, bribe the miners to run their transaction instead
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May 6, 2022 03:19
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He use de juice on de astro ape, he mint em both up He use de juice on de astro ape, he mint em both up He use de juice on de astro ape, called Twitter woke em up said “Twitter, can’t I get a break” He said “Twitter, and delete this viral take?”
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May 6, 2022 03:24
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Cryptorepublic makes me think of cryptofascist, like they're going around trying to hide the fact that want a democratically-elected government of the people.
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May 6, 2022 04:04
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but the crypto in cryptofascist is the older non stupid definition of crypto. Also some environmental scientist should scam code monkeys by selling them cryptobiotic soil.
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May 6, 2022 04:24
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JammyB posted:Dumb argument. Yeah obviously you can't fax coins, but it's easy to feed in the paper notes. What's great is when I've done this in the past, my friends were so impressed with this trick that they sent the notes straight back. What's wrong with using a third party intermediary. I can send cash to my friends interstates instantly using 3 different apps on my phone including one sponsored by the reserve bank (who are the same people that forced the banks to have instant interbank transfers). This is just solving a problem no one has again. Like the time tech bros reinvented buses and libraries.
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May 6, 2022 06:06
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Party Ape posted:What's wrong with using a third party intermediary. Wait. you don't send a kilogram of gold to your friends using the US postal system on a weekly or monthly basis? ??
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May 6, 2022 06:10
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You don't even need someone's bank details to send them money nowadays. Phone number is plenty. It takes like five seconds and iirc costs nothing.
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May 6, 2022 06:12
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Sure with venmo you can have the money transferred immediately for like a 1% fee or you can wait a few days and get it for free or you could just try to do it through Bitcoin where that fee fluctuates wildly and still takes a few loving days and you have no free option gee I wonder which one is better Bitcoin is a lot like Republican identity politics trying to create non solutions to problems that don't exist
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May 6, 2022 07:08
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https://twitter.com/web3isgreat/status/1522366891481870336?s=20&t=-nFmveWuGAdRtvKpp5NNKg
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May 6, 2022 07:14
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