|
notwithoutmyanus posted:Buttcoin addiction. I'm surprised it took this long for this to happen, or at least be reported on.
|
#
?
Feb 5, 2023 19:10
|
|
|
|
| # ? May 29, 2024 16:39 |
|
|
Nybble posted:i hope they at least got some tickets to the World Cup as well No clue about tickets - they wouldn't have been able to go anyway (since they're currently in Federal prison on the payroll tax theft).
|
|
#
?
Feb 5, 2023 19:33
|
|
|
i read the bbby stuff and it's more sad to me than it is funny. it's obvious something in their lives caused them a lot of stress (probably the stock market tanking this past year) and they're using all these conspiracy theories to try and make sense of it all. seems eerily like all the conspiracy stuff with covid. although the covid stuff seems to have had a bunch of far-right / racism tropes attached to it basically this: https://twitter.com/FoldableHuman/status/1621774679525707776
|
|
#
?
Feb 5, 2023 20:06
|
|
|
https://twitter.com/CoinDesk/status/1622300376371273728
|
|
#
?
Feb 5, 2023 20:11
|
|
|
On the one hand SBF is toxic enough they may not want to associate. On the other hand, who am I loving kidding because politics is such a grift under zero obligation to return anything.
|
|
#
?
Feb 5, 2023 20:16
|
|
|
FTX really is the grift that keeps on giving.
|
|
#
?
Feb 5, 2023 20:18
|
|
|
I'm not sure you want to reclaim political money considering it's the only avenue of rescue
|
|
#
?
Feb 5, 2023 20:21
|
|
|
most politicians donate any money that they think is dirty because the optics of returning money back to the said dirty entity looks pretty bad! so lmao that FTX thinks anyone is going to return the money. at best they'll wash their hands of the funds by giving it to a charity. edit: after clicking through the article they mention this and FTX is threatening to go after them regardless. yeah okay buddy see ya in court. edit: 1/3 of congress was given money by FTX.. lmao
|
|
#
?
Feb 5, 2023 20:34
|
|
|
Pham Nuwen posted:buddy that's like 60% of this thread Agents are GO! posted:Isn't that the point of this thread? no, we experience a perverse schadenfreude at the ideas that are obviously stupid failing spectacularly. i'm talking about someone looking at a fat finger transaction or poorly written smart contract and going "good, the system works. the strong shall dominate the weak" Boxturret posted:it's more like some kind of perverse moralistic joy in watching some randian's life savings being irretrievably launched into a black hole by their own hands yes, exactly
|
|
#
?
Feb 5, 2023 20:40
|
|
|
zedprime posted:And if the world goes to poo poo gold picks up a lot of reasons it was a historic store of value. Takes effort to make more. Hard to adulterate except with things that are also rare which also take effort to make more. Relatively easy to determine legitimacy. crazy idea, i think paper money and coins would still be good , and the wasteland war lord that takes control of the mints and then has a bunch of technicians to man the machines and a economists to do money supply good will be the king.
|
|
#
?
Feb 5, 2023 21:08
|
|
|
Strong Sauce posted:most politicians donate any money that they think is dirty because the optics of returning money back to the said dirty entity looks pretty bad! FTX is right: these contributions are likely a fraudulent transfer which lets the estate recover it - even if it was given away.
|
|
#
?
Feb 5, 2023 21:18
|
|
|
zedprime posted:And if the world goes to poo poo gold picks up a lot of reasons it was a historic store of value. Takes effort to make more. Hard to adulterate except with things that are also rare which also take effort to make more. Relatively easy to determine legitimacy. Gold is a store of surplus value. If everyone is subsistence farming there isn't much surplus value to store. Forget gold, invest in bog butter. Bog butter will skyrocket in value in the post apocalyptic wasteland.
|
|
#
?
Feb 5, 2023 21:20
|
|
|
GhostofJohnMuir posted:no, we experience a perverse schadenfreude at the ideas that are obviously stupid failing spectacularly. i'm talking about someone looking at a fat finger transaction or poorly written smart contract and going "good, the system works. the strong shall dominate the weak" Every single one of these people - every single one - thought they were smarter than any of the people who tried to warn them - "Have fun staying poor!  " If they didn't lose their money to Nigerian prince scams, FTX, or r/wallstreetbets, they would absolutely have lost it to the next obvious scam that they happened to encounter.It's not celebrating the strong dominating the week, it's laughing at arrogant imbeciles getting their comeuppance.
|
|
#
?
Feb 5, 2023 21:25
|
|
|
Boxturret posted:it's more like some kind of perverse moralistic joy in watching some randian's life savings being irretrievably launched into a black hole by their own hands It feels even better to me because I mentally replace “life savings” with “loan” None of these assholes are disciplined enough to save any actual money
|
|
#
?
Feb 5, 2023 21:26
|
|
|
In any case 93 million seems a drop in the bucket considering the size or their hole edit: Agents are GO! posted:https://twitter.com/coinfessions/status/1620738744016932871?s=20&t=5xZEvs1nBxLv_GHb0ziz5w These fuckers lose all their money getting scammed in this huge unregulated casino but still is the government they hate Elias_Maluco fucked around with this message at 21:41 on Feb 5, 2023 |
|
#
?
Feb 5, 2023 21:34
|
|
|
I love how SBF said that declaring bankruptcy was a mistake because an hour after he did it a person came up to him with a couple giant bags full of money that would have covered all their losses, yet now they're scrabbling for every bit of money they can possibly get.
|
|
#
?
Feb 5, 2023 21:36
|
|
|
Facebook Aunt posted:Forget gold, invest in bog butter. Bog butter will skyrocket in value in the post apocalyptic wasteland. I'm sorry, is this some sort of euphemism for smegma?
|
|
#
?
Feb 5, 2023 22:19
|
|
|
Bog butter is actually a thing, with the short version being "food buried in peat bogs, probably for preservation purposes." I don't know how much of the original "invest in bog butter" was taking the piss, but if everything somehow goes to poo poo in a way that doesn't kill everybody, this is the kind of knowledge that will actually be really valuable. Nobody cares about a USB dongle that nobody can build the machines to build the machines to build the machines you need to read it that says you have five hundred Ragnarokoinz (to say nothing of all the infrastructure to power it), but making and preserving food? That's some news you can use!
|
|
#
?
Feb 5, 2023 22:38
|
|
|
WithoutTheFezOn posted:That’s not true.  I was just going through his Wells Fargo business account statements and there was a line for cash deposit fee.
MarcusSA fucked around with this message at 23:20 on Feb 5, 2023 |
|
#
?
Feb 5, 2023 22:40
|
|
|
There is absolutely a sucker mindset and some people definitely have it. Living with my father in law for the last two years has been revealing, seeing the poo poo he signs himself up for and poo poo he orders off of TV commercials. He's nominally a successful dentist which seems to insulate him from ruin, but dratistewart posted:I'm sorry, is this some sort of euphemism for smegma? No no you're thinking of smen. Squiggle fucked around with this message at 23:18 on Feb 5, 2023 |
|
#
?
Feb 5, 2023 22:58
|
|
|
Agents are GO! posted:https://twitter.com/coinfessions/status/1620738744016932871?s=20&t=5xZEvs1nBxLv_GHb0ziz5w Some of the poo poo on this account was really funny but a lot of it was just depressing. I honestly felt really bad for some of the more negative confessions, true or not.
|
|
#
?
Feb 5, 2023 23:12
|
|
|
MarcusSA posted:
Banks nickel and dime business accounts for every little transaction because they can get away with it and businesses just write it off as a cost of doing business. Personal accounts don't do that because consumers have grown to expect no fee accounts.
|
|
#
?
Feb 5, 2023 23:39
|
|
|
Agents are GO! posted:https://twitter.com/coinfessions/status/1620738744016932871?s=20&t=5xZEvs1nBxLv_GHb0ziz5w https://www.youtube.com/watch?v=RRWAQ255qhs
|
|
#
?
Feb 6, 2023 00:14
|
|
|
Squiggle posted:There is absolutely a sucker mindset and some people definitely have it. Living with my father in law for the last two years has been revealing, seeing the poo poo he signs himself up for and poo poo he orders off of TV commercials. He's nominally a successful dentist which seems to insulate him from ruin, but drat I wanna hear more about the sucker dentist
|
|
#
?
Feb 6, 2023 00:15
|
|
|
Strong Sauce posted:most politicians donate any money that they think is dirty because the optics of returning money back to the said dirty entity looks pretty bad! I dunno I think if the story is that in was customers deposits the political donation people could argue they will return the money provided it goes straight to the depositors. Or gently caress it release the list of who passed the money to whom and what favors they bought
|
|
#
?
Feb 6, 2023 00:57
|
|
|
MarcusSA posted:
It’s a business account. That deposited more than $5000 per month. In this case it was $26,000.
|
|
#
?
Feb 6, 2023 01:06
|
|
|
MechaCrash posted:Bog butter is actually a thing, with the short version being "food buried in peat bogs, probably for preservation purposes." but when I teach the wastelanders show to make a buttcoin loom and ham radio set up I will be a supa war lord that will go to da moon! more semi serious prepper advice. learn basic astronomy so basic monthly or weekly timekeeping doesnt die off. time keeping in the resolution of weeks/days is apparently important for farming. oh maybe also have basic weather/meteorological stuff.
|
|
#
?
Feb 6, 2023 01:06
|
|
|
WithoutTheFezOn posted:Like I said, multiple qualifiers. $5000 is laughably low for a business account though.
|
|
#
?
Feb 6, 2023 01:08
|
|
|
Cash tends to be about 10-30% of daily revenue for retail these days, so a $5000 cash deposit is likely $15-50k in total revenue which is extremely high for a small business E: I know the business in question is service not retail, just speaking for the way banks see it - that $5k is a pretty generous cutoff, enough for them to start nickle and diming you if you reach it deep dish peat moss fucked around with this message at 02:09 on Feb 6, 2023 |
|
#
?
Feb 6, 2023 02:05
|
|
|
Agents are GO! posted:https://twitter.com/coinfessions/status/1620738744016932871?s=20&t=5xZEvs1nBxLv_GHb0ziz5w getting paid to do nothing seems like a good gig to me, what is he bitching about
|
|
#
?
Feb 6, 2023 02:34
|
|
|
going by vet goons, he should get a car loan just for VETS / R TOOPS and then crash the car into a ditch or pole. also get married and start the divorce process.
|
|
#
?
Feb 6, 2023 02:53
|
|
|
Zippy the Bummer posted:getting paid to do nothing seems like a good gig to me, what is he bitching about Other people are (theoretically) making more (soon, once hyperbitcoinisation occurs)!
|
|
#
?
Feb 6, 2023 03:06
|
|
|
Has anybody said "HyperBedBathandBeyondisation" yet?
|
|
#
?
Feb 6, 2023 03:07
|
|
|
Hypermoneyawayfromyouization.
|
|
#
?
Feb 6, 2023 03:51
|
|
|
Agents are GO! posted:
Few understand. It helps the schadenfreude flow when you read them going full villain monologue “and then when I’m at the 1% wealth of the new capitalism everyone will sob at my feet and I’ll call them stupid, anyone spreading FUD should be reported to the cops, now interrogate the retail workers for information in-store today as due diligence” every 5 seconds. All sympathy at being scammed fades rapidly when they immediately start trying to scam themselves and get greater fools to be their bagholders. Also cryptocurrency scambots are now spamming on the next hottest social media website: … tumblr.
|
|
#
?
Feb 6, 2023 04:04
|
|
|
istewart posted:I'm sorry, is this some sort of euphemism for smegma? Nah, as MechaCrash said, it was a real thing. You bury butter, tallow, lard or other fat in a bog to preserve it. Normally milk production is a seasonal thing, so burying the surplus when production is high lets you have butter all year round. Same with lard, tallow, or other fats where you slaughter an animal and have a bunch, but want to save some for later. This isn't just preserving food, it's preserving high value food. A jar of preserved fat is much more valuable than a jar of preserved grain or potatoes, right? Burying it in the bog also keeps raiders and tax collectors from stealing your precious reserves of butter. In the post apocalyptic wasteland animal husbandry is going to crash too. No butter, no lard, not even loving canola oil. Good clean fat becomes a luxury good again. So if you have a bog you can invest in lard now, bury it, and just wait for it to go to the moon. No electricity, no maintenance, the bog takes care of everything. If your apocalypse takes 2 years or 20 the bog butter will be just fine. Is it stupid? Yes. But still better than buttcoins. Butter will always have value, and so is a better store of value than an asset that can go down to $0.
|
|
#
?
Feb 6, 2023 04:10
|
|
|
https://twitter.com/Eve6/status/1622428923610169344?t=haqkLaoGtHQcEiq52foqqA&s=19
|
|
#
?
Feb 6, 2023 04:12
|
|
|
Oddo my Apes!
|
|
#
?
Feb 6, 2023 04:18
|
|
|
|
| # ? May 29, 2024 16:39 |
|
|
A slurp too far
|
|
#
?
Feb 6, 2023 04:30
|
|
