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kw0134 posted:Yeah, this is like suing Michael Jordan because a Nike shoe had a manufacturing defect and injured the wearer or something. Also Tom Brady lost a ton of money because he took equity in the company lmao
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Nov 17, 2022 00:21
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LionYeti posted:I'm mildly lolling because FTX's collapse not accelerating the decline of the larger economy just proves how much of crypto is made up numbers. What would it take? I'm crypto-clueless, but the exchanges(?) I've heard of are FTX, Coinbase, and Crypto.com, I think because they all have arenas named after them. Are those three even the same thing? What I'm saying is I wish number would hurry up and go down.
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Nov 17, 2022 00:25
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Well right now to do that exchange donating a lot of money in the midterms crypto bros are desperately trying to present this as some Democrat trick to destroy crypto
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Nov 17, 2022 00:28
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kw0134 posted:Yeah, this is like suing Michael Jordan because a Nike shoe had a manufacturing defect and injured the wearer or something. If you can't sue Moody's for rating crap mortgage backed securities investment grade, you sure as hell aren't going to sue the Golden State Warriors for your shitcoin imploding.
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Nov 17, 2022 00:41
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Steph Curry told me to buy a picture of a monkey so I'm suing
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Nov 17, 2022 00:43
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WhiteHowler posted:What would it take? I'm crypto-clueless, but the exchanges(?) I've heard of are FTX, Coinbase, and Crypto.com, I think because they all have arenas named after them. Are those three even the same thing? The important ones are Bitfinex (who basically controls Tether) and Coinbase (who basically controls USDC). One of the two main stablecoins blowing up would be a lot more impactful than any other random exchange. FTX and Crypto.com did a really good job marketing their unregulated casinos and getting extremely rich. These made up the biggest four. There are millions of these exchanges, and there are some other popular ones like Kraken. Rad Russian fucked around with this message at 00:52 on Nov 17, 2022 |
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Nov 17, 2022 00:48
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Rad Russian posted:The important ones are Bitfinex (who basically controls Tether) and Coinbase (who basically controls USDC). One of the two main stablecoins blowing up would be a lot more impactful than any other random exchange. I'd be more inclined to expect it to be Coinbase.
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Nov 17, 2022 00:50
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busalover posted:Normies can't understand the thrill of pinning the weasel. Night spent chasing an over amphetamined Caroline around the bean bag forts. Her squealing and gibbering, pouring sweat and on the verge of seizing. Your friends build up an intoxicating, delerious state with Talmudic chantings at the sidelines, hitting the Caroline-toy with brooms if she tries to escape. Sam would be giggling and laughing as the waves of methamphetamine pleasure seem to harmonize with the droning herbrew verses. He runs through the bean bag maze fat and portly, with his viagra powered penis a divining rod for the weasel. Sweat gushing down his face around his unfocused eyes he laughs and chortles until he gasps "Found you!". The Mathsweasel screeches defensively but Wankman Bankman is upon her in seconds. His penis thrusting blindly into her flank, leg, stomach and ribs unconcerned about anything but the motion. Eventually serendepity finds her mouth and the Cocktube Rodent is placated, suckling contently on Bankman's dehydrated dick. What the gently caress
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Nov 17, 2022 00:52
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Gomez Chamberlain posted:What the gently caress Yeah I thought that was one of those "been awake on meth for 36 hours" type posts but on closer inspection it does appear to be relevant
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Nov 17, 2022 01:04
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WhiteHowler posted:What would it take? I'm crypto-clueless, but the exchanges(?) I've heard of are FTX, Coinbase, and Crypto.com, I think because they all have arenas named after them. Are those three even the same thing? According to the first Google result because I don't care past that, the current total "market cap" of all cryptocurrencies is ~$353 billion. We all know there are nowhere near that number of actual dollars that entered the crypto space but let's go with that number as a worst-case. If all of that money vanished from the economy it'd be akin to Chevron, Proctor & Gamble, or Eli Lilly going under. It would be big, but to put it in perspective the US federal bailout payments for the 2008 financial crisis totaled nearly $1.5 trillion dollars. Worldwide central banks purchased $2.5 trillion in bad debt in Q4 2008 alone. One of the biggest subprime lenders that went under in 2008 had $225 billion in bad loans. It took 20+ other companies also going bankrupt at the same time, multiple even bigger banks owning a lot of that debt, and a series of national-level loan defaults in Europe to tip the economy into a recession. It definitely wouldn't be good, especially with COVID and a war compounding things, but as a total outsider I just don't think there's enough mass in crypto to tip the world's economic scales (which makes it all the more damning that its carbon impact is so high). The most important thing to remember that it's not generally integrated into the world's economic system, so the effects of a cryptocalypse wouldn't extend much past the borders of the crypto economy itself. So let's go.
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Nov 17, 2022 01:05
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The market cap of all crypto was a little over a trillion before the crash. Of course, if I give myself a trillion acidx coins and sell you one for a dollar, then you could say my mom's basement has a market cap of a trillion dollars too.
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Nov 17, 2022 01:18
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acidx posted:The market cap of all crypto was a little over a trillion before the crash. Of course, if I give myself a trillion acidx coins and sell you one for a dollar, then you could say my mom's basement has a market cap of a trillion dollars too. why do you have to sell one to someone else? just buy it from yourself with an IOU
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Nov 17, 2022 01:21
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Foo Diddley posted:why do you have to sell one to someone else? just buy it from yourself with an IOU also the IOU is actually some other poor bastard's responsibility
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Nov 17, 2022 01:27
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haljordan posted:Also Tom Brady lost a ton of money because he took equity in the company lmao lol if crypto cost Tom Brady his marriage
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Nov 17, 2022 01:33
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Highly recommend no one buy Bitcoin. It's useless and I cannot see any purpose behind crypto (USER WAS PUT ON PROBATION FOR THIS POST) (USER WAS PERMABANNED FOR THIS POST) Somebody fucked around with this message at 01:44 on Nov 17, 2022 |
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Nov 17, 2022 01:35
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I'd rather not.
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Nov 17, 2022 01:39
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kw0134 posted:Yeah, this is like suing Michael Jordan because a Nike shoe had a manufacturing defect and injured the wearer or something. This made me think of the Hankerciser from Larry Sanders Show: https://www.youtube.com/watch?v=eLW7x8U8nBk&t=796s gently caress, that show was so good
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Nov 17, 2022 01:39
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resistentialism posted:I'd rather not. Fellow friend, I appreciate your contributions to this thread 
Somebody fucked around with this message at 01:45 on Nov 17, 2022 |
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Nov 17, 2022 01:40
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fletcher posted:This made me think of the Hankerciser from Larry Sanders Show: https://www.youtube.com/watch?v=eLW7x8U8nBk&t=796s extremely hilarious fact: former senator harry reid tried to sue the manufacturer of an exercise band that he was using when it allegedly broke and caused injury. the jury ultimately decided against him because the exercise band was discarded by his idiot adult son (who is an attorney!!!!) and the plaintiff couldn't prove any actual faults with the product. https://www.nbcnews.com/news/us-news/las-vegas-jury-rejects-harry-reid-lawsuit-against-fitness-band-n991636
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Nov 17, 2022 01:42
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buying again, seraph? you get another inheritance?
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Nov 17, 2022 01:43
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fletcher posted:This made me think of the Hankerciser from Larry Sanders Show: https://www.youtube.com/watch?v=eLW7x8U8nBk&t=796s watched all of this for the first time last year and omg it's so good. RIP Rip Torn.
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Nov 17, 2022 01:45
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LifeSunDeath posted:watched all of this for the first time last year and omg it's so good. RIP Rip Torn. my personal favorite episodes are the one with eric bogosian and the one with howard stern the entire series was just a fuckin murderers row of the top comedic talent of the 90s haljordan fucked around with this message at 01:49 on Nov 17, 2022 |
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Nov 17, 2022 01:46
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LifeSunDeath posted:watched all of this for the first time last year and omg it's so good. RIP Rip Torn. haljordan posted:my personal favorite episodes are the one with eric bogosian and the one with howard stern If you haven't seen The Zen Diaries of Garry Shandling drop everything and watch it. I love Larry Sanders and that doc changed the way I looked at him, Brad Grey and the whole show. Garry was an amazing person.
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Nov 17, 2022 01:54
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Another Bill posted:If you haven't seen The Zen Diaries of Garry Shandling drop everything and watch it. I love Larry Sanders and that doc changed the way I looked at him, Brad Grey and the whole show. Garry was an amazing person. oh poo poo, I'm on it. e,c: https://twitter.com/PoorlyAgedStuff/status/1592684466983817218?s=20&t=Sox3kULddIcWm_uSr4BwiA LifeSunDeath fucked around with this message at 02:14 on Nov 17, 2022 |
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Nov 17, 2022 02:05
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kw0134 posted:Yeah, this is like suing Michael Jordan because a Nike shoe had a manufacturing defect and injured the wearer or something. That isn't actually that weird. If I bought a Michael Jordan shoe Licensed by Nike, and it stabbed me in the heel every time I walked, I might have some questions about why Michael Jordan signed a deal with them. Just selling your name to a company does not make you free from repercussions. Especially if the only reason it was bought was because your name was on it.
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Nov 17, 2022 02:45
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edit: slug man posted on the last page i will say mr. BF has a good thread title tho 
drk fucked around with this message at 02:57 on Nov 17, 2022 |
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Nov 17, 2022 02:49
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drk posted:edit: slug man posted on the last page Isn’t that where the wormhole sent them in that one Star Trek show
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Nov 17, 2022 03:04
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Star Trek: The Worst Quandrant Episode E01: sketchy + lose
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Nov 17, 2022 03:07
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Mumpy Puffinz posted:That isn't actually that weird. If I bought a Michael Jordan shoe Licensed by Nike, and it stabbed me in the heel every time I walked, I might have some questions about why Michael Jordan signed a deal with them. Just selling your name to a company does not make you free from repercussions. Especially if the only reason it was bought was because your name was on it.
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Nov 17, 2022 03:07
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LifeSunDeath posted:oh poo poo, I'm on it. https://www.youtube.com/watch?v=d5s19X27vrw It's really incredible and incredibly funny
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Nov 17, 2022 03:14
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kw0134 posted:And you bring suit against Nike, not Jordan. If that makes you want to buy fewer things with Jordan's endorsement, then the system works, but that's not a thing you can enforce via a lawsuit in a court. Nope. Sorry. That person put their name, that they want to protect, on an inferior, or dangerous product. They should also be held accountable
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Nov 17, 2022 03:14
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I too wish for many things to be held to account in law, but we don't get them, as the people suing the Golden State Warriors will find out.
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Nov 17, 2022 03:18
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kw0134 posted:I too wish for many things to be held to account in law, but we don't get them, as the people suing the Golden State Warriors will find out. I think I missed a few steps. Who are the people suing the Golden State Warriors, and why should we care?
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Nov 17, 2022 03:22
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Mumpy Puffinz posted:I think I missed a few steps. Who are the people suing the Golden State Warriors, and why should we care? If you're gonna jump in here with a bunch of hot takes, at least read the thread for what we're talking about.
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Nov 17, 2022 03:24
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kw0134 posted:If you're gonna jump in here with a bunch of hot takes, at least read the thread for what we're talking about. First I will always jump into any thread with hot takes. Second off, what the gently caress is FTX? some kind of bitcoin scam. I bet it is. Just looked it up. Its a crypto scam. gently caress anyone who endorsed it
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Nov 17, 2022 03:37
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kw0134 posted:If you're gonna jump in here with a bunch of hot takes, at least read the thread for what we're talking about. This just says they're being sued. By who? For what? They did ads and got paid for it, what is there to sue for?
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Nov 17, 2022 03:56
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Who is Sue and what does she have to do with bit coin?
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Nov 17, 2022 03:58
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pray for my aunt posted:This just says they're being sued. By who? For what? They did ads and got paid for it, what is there to sue for? Not sure about others but Tom Brady specifically pushed a ponzi scheme while being a part owner and having a direct financial stake in said ponzi scheme. That's a bit more than just getting paid once for an ad like the other celebs.
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Nov 17, 2022 03:59
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Boxturret posted:Who is Sue and what does she have to do with bit coin? Suetoshi Nakamoto 
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Nov 17, 2022 04:01
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pray for my aunt posted:Suetoshi Nakamoto 
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Nov 17, 2022 04:04
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