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CaptainSarcastic
Jul 6, 2013



Bright Bart posted:

For years we've all been seeing conspiracy theorists claim the cabals are fighting against cryptocurrency because it's too private (lol), is too hard to tax (I dunno), challenges the banking establishment (sure), depreciates the wealth held by the rich in USD and EUR, and is too decentralized (okay yeah for some assets).

More recently I'm coming across conspiracies from the opposite perspective. That government cronies are trying to push cryptocurrency to replace the current currencies for any number of reasons and purposes. Because it actually isn't private at all and lets the government track payments. Because you can control what it's being spent on, hurting industries that are disliked but hard to outright criminalize e.g. pornography, protest movements. Because crypto will supposedly allow the rich to get richer even faster since they own the means of mining. Because you could bring back scrip and be paid Walmart coin that you could only spend at Walmart.

Yeah, I started hearing this one a while back. Most of what I've heard has been due to a gross misunderstanding of what FedNow actually is.

https://www.nbcnews.com/politics/politics-news/desantis-rfk-jr-misconstrue-fednow-digital-dollar-plans-rcna78591

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Cyrano4747
Sep 25, 2006

Yes, I know I'm old, get off my fucking lawn so I can yell at these clouds.

VitalSigns posted:

Trump would have done that too if the federal congress were still capable of passing laws other than upper bracket tax cuts and more military funding

Lol they can't even get military stuff done now. There's a whole poo poo ton of congressional-approved promotions getting held up because one jackass wants military reform because they're "too woke" because they have a policy of allowing people to take leave to get medical procedures done elsewhere if they're banned in the place where they are stationed. Tuberville is mad about this because he thinks it promotes abortion.

bobjr
Oct 16, 2012

Roose is loose.
🐓🐓🐓✊🪧

https://twitter.com/molly0xFFF/status/1691863969345003671

VitalSigns
Sep 3, 2011

Critical support to comrade Tuberville as he decapitates the joint chiefs of the imperial war machine

SettingSun
Aug 10, 2013


I obviously can't learn how to avoid pitfalls without falling face first into them. That's the only way to learn, surely.

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day
Bitcoin isn't about how many apes you've lost, or memestocks you've lost on, or how much crypto you've lost.

It's about the friends you made along the way.

Aramis
Sep 22, 2009



How many lambos to the friend can I expect? This is important.

Edit: I also need to know how to use a friend as collateral. Tia.

Aramis fucked around with this message at 20:00 on Aug 16, 2023

Hello Sailor
May 3, 2006

we're all mad here

Aramis posted:

How many lambos to the friend can I expect? This is important.

Edit: I also need to know how to use a friend as collateral. Tia.

Now introducing FriendCoin! Find out how much your friendship is really worth! Persuade your friends to sign contracts agreeing to exchange their possessions, property and/or unpaid labor for our stablecoin Schmucker and we'll double the money by issuing YOU an equal value in FriendCoin! That's a 300% return before the ink is even dry! What have you got to lose!

Strong Sauce
Jul 2, 2003

You know I am not really your father.





Cyrano4747 posted:

Lol they can't even get military stuff done now. There's a whole poo poo ton of congressional-approved promotions getting held up because one jackass wants military reform because they're "too woke" because they have a policy of allowing people to take leave to get medical procedures done elsewhere if they're banned in the place where they are stationed. Tuberville is mad about this because he thinks it promotes abortion.

it's actually now because they moved the space force command headquarters to colorado when trump initially placed it in alabama.

PhazonLink
Jul 17, 2010
is the 17 year old's mom the real company owner untill their 18th bday?

Cyrano4747
Sep 25, 2006

Yes, I know I'm old, get off my fucking lawn so I can yell at these clouds.

Strong Sauce posted:

it's actually now because they moved the space force command headquarters to colorado when trump initially placed it in alabama.

Oh yeah he's mad about that, but I'm pretty sure his initial freeze out pre-dated Alabama getting shafted.

Which might have something to do with him being a Senator from Alabama. He pissed a lot of people off with that.

VitalSigns
Sep 3, 2011

If I hadn't lost all that money gambling on meme coins I would never have learned the smarter grift is to charge people to tell them how to gamble on meme coins.

Impossibly Perfect Sphere
Nov 6, 2002

They wasted Luanne on Lucky!

She could of have been so much more but the writers just didn't care!

VitalSigns posted:

If I hadn't lost all that money gambling on meme coins I would never have learned the smarter grift is to charge people to tell them how to gamble on meme coins.

best way to get rich quick is to tell people how to get rich quick

deep dish peat moss
Jul 27, 2006

After 10,000 pulls at the slot machine I've learned a valuable lesson: I'm going to win eventually

notwithoutmyanus
Mar 17, 2009
So I (long ago) walked away from an obviously poo poo crypto project that wanted my name on it to sound more legitimate (back when I was involved, because I was both naive but also truthful), and it turned out I had messages from about 6 months prior of people asking me if the project was even legitimate in the first place - that I just saw when I looked through old discord requested messages.

Desert Bus
May 9, 2004

Take 1 tablet by mouth daily.

notwithoutmyanus posted:

So I (long ago) walked away from an obviously poo poo crypto project that wanted my name on it to sound more legitimate (back when I was involved, because I was both naive but also truthful), and it turned out I had messages from about 6 months prior of people asking me if the project was even legitimate in the first place - that I just saw when I looked through old discord requested messages.

Well was it legit??? I need to invest somewhere

LifeSunDeath
Jan 4, 2007

still gay rights and smoke weed every day

deep dish peat moss posted:

After 10,000 pulls at the slot machine I've learned a valuable lesson: I'm going to win eventually


notwithoutmyanus
Mar 17, 2009

Desert Bus posted:

Well was it legit??? I need to invest somewhere

probably too legit to quit, at least to the person asking me. For anyone else, there's a crypto program for $999.99 I can show you, and it will surely make you rich! (poor)

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

notwithoutmyanus posted:

probably too legit to quit, at least to the person asking me. For anyone else, there's a crypto program for $999.99 I can show you, and it will surely make you rich! (poor)

Rich in new experiences! No money or :airquote:money:airquote:

drk
Jan 16, 2005

notwithoutmyanus posted:

an obviously poo poo crypto project that wanted my name on it to sound more legitimate

tell us more mr bank man

please lean into the mic

Desert Bus
May 9, 2004

Take 1 tablet by mouth daily.
take me to THE MOON baby

JAnon
Jul 16, 2023


tape me to a literal loving rocket and have it fly directly into the sun! $BABY for the win! /s

ed: wow I am not good at markdown.

bobjr
Oct 16, 2012

Roose is loose.
🐓🐓🐓✊🪧

https://edition.cnn.com/style/article/bored-apes-sothebys-lawsuit/index.html

More celebs are being sued over NFTs

zedprime
Jun 9, 2007

yospos
I dare claim Justin Bieber misrepresented the apes.

Serious_Cyclone
Oct 25, 2017

I appreciate your patience, this is a tricky maneuver

the article posted:

According to cryptocurrency market tracker CoinGecko, the colorful digital illustrations of apes can now be bought for as little as $52,445. As recently as May 2022, the cheapest would have cost collectors over $400,000.

As little as $52,445 what a bargain

SettingSun
Aug 10, 2013

My apes, devalued

Impossibly Perfect Sphere
Nov 6, 2002

They wasted Luanne on Lucky!

She could of have been so much more but the writers just didn't care!
Floored Apes

Shroud
May 11, 2009
Let the apes hit the floor

Big Ass On Fire
Jun 16, 2023

When they're like 2 cents, on par with some other virtual asset from a steam game or the like then they'll be in line with reality

Cyrano4747
Sep 25, 2006

Yes, I know I'm old, get off my fucking lawn so I can yell at these clouds.

Big rear end On Fire posted:

When they're like 2 cents, on par with some other virtual asset from a steam game or the like then they'll be in line with reality

Nah, I can use weird steam emotes to bother my friends and once in a while they'll have a background that will actually look pretty cool.

Now, if I could pay to make some gently caress ugly ape someone's digital avatar? gently caress yeah, I'd pay :10bux: for that.

edit: talking about places that aren't SA, naturally.

Strategic Tea
Sep 1, 2012

*coming up with a cunning accounting standard where my massive losses instead appear on the balance sheet as "lessons learned"*

CannonFodder
Jan 26, 2001

Passion’s Wrench

Hello Sailor posted:

Now introducing FriendCoin! Find out how much your friendship is really worth! Persuade your friends to sign contracts agreeing to exchange their possessions, property and/or unpaid labor for our stablecoin Schmucker and we'll double the money by issuing YOU an equal value in FriendCoin! That's a 300% return before the ink is even dry! What have you got to lose!
Do I have to slurp these friends? Can I slurp three friends and get a new friend? Asking for a friend.

Big Ass On Fire
Jun 16, 2023

Cyrano4747 posted:

Nah, I can use weird steam emotes to bother my friends and once in a while they'll have a background that will actually look pretty cool.

Now, if I could pay to make some gently caress ugly ape someone's digital avatar? gently caress yeah, I'd pay :10bux: for that.

edit: talking about places that aren't SA, naturally.

I meant those game virtual trading cards. I don't know if they're still a thing.

novamute
Jul 5, 2006

o o o

Hello Sailor posted:

Now introducing FriendCoin! Find out how much your friendship is really worth! Persuade your friends to sign contracts agreeing to exchange their possessions, property and/or unpaid labor for our stablecoin Schmucker and we'll double the money by issuing YOU an equal value in FriendCoin! That's a 300% return before the ink is even dry! What have you got to lose!

https://www.coindesk.com/web3/2023/08/11/is-friendtech-a-friend-or-foe-a-dive-into-the-new-social-app-driving-millions-in-trading-volume/

You can't parody this stuff

Cyrano4747
Sep 25, 2006

Yes, I know I'm old, get off my fucking lawn so I can yell at these clouds.

Big rear end On Fire posted:

I meant those game virtual trading cards. I don't know if they're still a thing.

Yeah, they are, and finishing a set is how you get that other stuff I was talking about.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Cyrano4747 posted:

Yeah, they are, and finishing a set is how you get that other stuff I was talking about.

I think it used to be, now you just get points when you buy a game and you can buy all that stuff outright.

Elias_Maluco
Aug 23, 2007
I need to sleep

You are dumb if you ever thought a monkey jpg was a good investment but I guess you are even dumber if what convinced you was the fact Justin Bieber and Paris Hilton were endorsing it

VitalSigns
Sep 3, 2011

I wonder if Paris and Biebs can do the Fox News legal defense for lying: nothing we say can be fraud because taking financial advice from us is so stupid it's inherently unreasonable

VitalSigns
Sep 3, 2011

Your honor I had no choice but to buy those monkey jpegs after Matt Damon called me a pussy, my manliness was on the line

VitalSigns fucked around with this message at 06:13 on Aug 18, 2023

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PotatoJudge
May 22, 2004

Tell me about the rabbits, George
Chinese real estate developer Evergrande filed for Chapter 15 bankruptcy today. That's the company whose commercial paper Tether had giant piles of as assets to back USDT's price.

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