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Chief McHeath posted:Hmm corporations guzzling money down from any source they can get, putting it into the pockets of their investors and management then claiming it’s been lost and the company can’t possibly pay any of it back then having their debts erased by the government isn’t corporate welfare. Got it. In that the government isn't bailing them out, yeah. HappyHippo fucked around with this message at 15:56 on Nov 23, 2022 |
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Nov 23, 2022 15:53
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Nessus posted:That’s what you get for hosting Ted Cruz Ted Cruz buys the Bitcoin dip quote:
Wonder how that’s working out for him now
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Nov 23, 2022 16:19
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Ups_rail posted:How isnt bitcoin monopoly as well Well you can buy Drugs with bitcoin and use it as a store of value if you live in some godforsaken country with hyperinflation. (I wouldn't recommend doing that, but that's the theory) Where everyone gets into trouble is when they think think they are the next wolf of wall street and start making bets on margin.
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Nov 23, 2022 17:05
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https://www.youtube.com/watch?v=yJn6IiYid6A another good summary
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Nov 23, 2022 17:33
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HappyHippo posted:https://www.bloomberg.com/news/articles/2022-11-22/largest-public-bitcoin-miner-corz-has-lost-1-7-billion-this-year so what makes them "Scientific "?
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Nov 23, 2022 18:07
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Ups_rail posted:https://www.youtube.com/watch?v=yJn6IiYid6A WHERE IS HIS CHIN???
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Nov 23, 2022 18:11
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didnt Rand also have her own small sex group? and she got upset when her younger partners drifted away from her
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Nov 23, 2022 18:14
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She cheated on her husband relentlessly and then had a fit when he left her for another woman.
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Nov 23, 2022 18:16
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PhazonLink posted:didnt Rand also have her own small sex group? and she got upset when her younger partners drifted away from her She then spent hours berating him in front of her students lol
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Nov 23, 2022 18:44
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I heard a visitor to one of Rand’s little klavern meetings was asked why he wasn’t smoking. “I don’t because it irritates my throat, so I don’t enjoy it.” This was accepted but made the acolyte uncomfortable.
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Nov 23, 2022 18:49
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FilthyImp posted:She excommunicated her younger affair partner when he presented her with a well-reasoned explanation on how his selfish need to bang an 18 year old won out on his intellectual compatibility with Rand (also she was old and also hella uggo) and was 100% in line with her teachings. And that man's name? Ron Paul
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Nov 23, 2022 19:13
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Didn't SBF get ousted? Why's he still pretending to be involved with FTX
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Nov 23, 2022 19:18
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FilthyImp posted:She excommunicated her younger affair partner when he presented her with a well-reasoned explanation on how his selfish need to bang an 18 year old won out on his intellectual compatibility with Rand (also she was old and also hella uggo) and was 100% in line with her teachings. Didn't she also have some breakdown in the end, and decided to have her institute demolished?
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Nov 23, 2022 19:23
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busalover posted:Didn't she also have some breakdown in the end, and decided to have her institute demolished? I heard she collapsed at a party and had to get her stomach pumped...
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Nov 23, 2022 19:51
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smoobles posted:Didn't SBF get ousted? Why's he still pretending to be involved with FTX Because he knows he's in deep poo poo, so he's still clinging to the belief that he can somehow make everything work out.
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Nov 23, 2022 20:06
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smoobles posted:Didn't SBF get ousted? Why's he still pretending to be involved with FTX It's as irrational as when he ran the company.
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Nov 23, 2022 20:14
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Somebody is making the calls there and it’s worth asking who https://twitter.com/markamesexiled/status/1595114305657376768?s=46&t=hHTZd9ANWDet3vpkNXk0mA
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Nov 23, 2022 20:16
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selec posted:Somebody is making the calls there and it’s worth asking who WTF!! so now no one knows who the boss is?
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Nov 23, 2022 20:19
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notwithoutmyanus posted:https://twitter.com/lizrhoffman/status/1595183732989779970?t=fuRpbMondsp3c8nwYSSidQ&s=19 https://twitter.com/dril/status/1279814327776624640?lang=en
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Nov 23, 2022 20:27
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selec posted:Somebody is making the calls there and it’s worth asking who lol if the new CEO just appointed himself like in that urban legend of the parking attendant at Bristol zoo
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Nov 23, 2022 20:45
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smoobles posted:Didn't SBF get ousted? Why's he still pretending to be involved with FTX He's never had to deal with real consequences and he thinks this is all a game. Also his brain has been melted by abusing pharmacokinetics in order to play League and have weird orgies for three days straight every week.
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Nov 23, 2022 20:53
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look the orgies are the most relatable part of this entire tale so maybe lay off if you're trying to push the weirdo angle
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Nov 23, 2022 21:12
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hazardousmouse posted:look the orgies are the most relatable part of this entire tale so maybe lay off if you're trying to push the weirdo angle
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Nov 23, 2022 21:18
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PhazonLink posted:so what makes them "Scientific "? well, a lot of what they did use the numbers 88, 12, 13 and reference Mein Kampf for investment advice.
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Nov 23, 2022 21:23
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https://twitter.com/dril/status/900592164589248513?s=46&t=81_2Q6qaYHj4emWGAZ1NQA
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Nov 23, 2022 23:16
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notwithoutmyanus posted:well, a lot of what they did use the numbers 88, 12, 13 and reference Mein Kampf for investment advice. So scientific like scientific racism?
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Nov 23, 2022 23:22
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FlapYoJacks posted:https://twitter.com/dril/status/900592164589248513?s=46&t=81_2Q6qaYHj4emWGAZ1NQA The dril lathe of heaven keeps turning
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Nov 24, 2022 00:00
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I would blow Dane Cook posted:vitalik buterin bulge FYI this is your something awful tab. Just type in the address bar to search Google.
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Nov 24, 2022 01:54
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Bip Roberts posted:So scientific like scientific racism? More a statement than a question when we're talking crypto.
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Nov 24, 2022 03:02
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hazardousmouse posted:look the orgies are the most relatable part of this entire tale so maybe lay off if you're trying to push the weirdo angle In Europe the weird crypto nerd orgies are perfectly normal.
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Nov 24, 2022 03:10
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carticket posted:FYI this is your something awful tab. Just type in the address bar to search Google. oh ok thanks
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Nov 24, 2022 05:54
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OK, WTF Is 'Longtermism', the Tech Elite Ideology That Led to the FTX Collapse?quote:Longtermism and effective altruism are shaky moral frameworks with giant blindspots that have proven useful for cynics, opportunists, and plutocrats.
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Nov 24, 2022 06:03
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pluto isn't even a planet anymore let it go
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Nov 24, 2022 06:08
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I don't like the framing that SBF committed his myriad financial crimes in some long term altruistic plan and not simply to get really rich.
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Nov 24, 2022 06:10
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SettingSun posted:I don't like the framing that SBF committed his myriad financial crimes in some long term altruistic plan and not simply to get really rich. the funny thing is he already admitted it was a front in his insane messages to that reporter WorldIndustries fucked around with this message at 06:21 on Nov 24, 2022 |
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Nov 24, 2022 06:14
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I think you mean that friend SBF was messaging 
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Nov 24, 2022 06:20
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Boxturret posted:pluto isn't even a planet anymore let it go In this case it refers to mickey’s dog
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Nov 24, 2022 08:52
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Ups_rail posted:WTF!! Nonsensical article. The new CEO saying “many entities, for example, never had board meetings” is not the same as saying there were never any board meetings at group level. The new CEO and the law firm was almost certainly appointed by the board of FTX, whoever that may be. For what it’s worth, not holding board meetings in every subsidiary is not abnormal as far as corporate governance goes. Not that their corporate governance wasn’t a joke, just saying that specifically is not crazy.
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Nov 24, 2022 15:10
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Am I understanding NFTs correctly? Someone could pretend to be Banksy selling exclusive and immutable NFTs. Take e-money while waiting for a cease and desist. Replace the Banksy jpegs hosted with AI-generated "poo poo Apes" until the server is taken down.  And the people who bought them would just have a receipt and a broken link?
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Nov 24, 2022 15:58
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Elea posted:Am I understanding NFTs correctly?
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