Bitcoin: no angel investors, only Faustian bargains

The Something Awful Forums > Main > General Bullshit > Bitcoin: no angel investors, only Faustian bargains

Neito: Feb 18, 2009; 😌Finally, an avatar the describes my love of tech❤️‍💻, my love of anime💖🎎, and why I'll never see a real girl 🙆‍♀️naked😭.

syntaxfunction posted:

Eclipse already went past, so now they gotta wait for the next chance to burn their retinas.

If you can think of a better way to make a Bored Ape look good than doing permanent damage to your seeing orbs, please let me know what it is.

# ? Apr 9, 2024 14:28

Adbot: ADBOT LOVES YOU

# ? Jun 4, 2024 10:39

Hello Sailor: May 3, 2006; we're all mad here

Neito posted:

If you can think of a better way to make a Bored Ape look good than doing permanent damage to your seeing orbs, please let me know what it is.

Hire this lady to make them

Only registered members can see post attachments!

# ? Apr 9, 2024 14:52

The Bible: May 8, 2010

Hello Sailor posted:

Hire this lady to make them

Hey now, Monkey Christ is high loving art you philistine.

# ? Apr 9, 2024 15:11

DerekSmartymans: Feb 14, 2005; The
Copacetic
Ascetic

The Bible posted:

Hey now, Monkey Christ is high loving art you philistine.

If The Bible approves, it passes muster for me!

# ? Apr 9, 2024 15:58

Gutcruncher: Apr 16, 2005; Go home and be a family man!

I played a game that takes place in the future, and in one chapter it�s revealed that the whole banking system was handled on the blockchain. In that chapter the whole nations economy is ruined because someone mined enough to have 51% of the coins and could do whatever they wanted lol

# ? Apr 9, 2024 16:09

kaschei: Oct 25, 2005

Gutcruncher posted:

I played a game that takes place in the future, and in one chapter it’s revealed that the whole banking system was handled on the blockchain. In that chapter the whole nations economy is ruined because someone mined enough to have 51% of the coins and could do whatever they wanted lol

-- CEO Nwabudike Morgan, The Satoshi Monopoly

# ? Apr 9, 2024 16:18

Lammasu: May 8, 2019; lawful Good Monster

Pirate Radar posted:

Your sister would watch Irreversible repeatedly?

Yes.

# ? Apr 9, 2024 16:51

Sardonik: Jul 1, 2005; if you like my dumb posts, you'll love my dumb youtube channel

kaschei posted:

-- CEO Nwabudike Morgan, The Satoshi Monopoly

"What goes up, better doggone well stay up!"

Meme stock investor, Scribbles On Wall - Unnamed Research Hospital

# ? Apr 9, 2024 17:14

notwithoutmyanus: Mar 17, 2009

The Bible posted:

Hey now, Monkey Christ is high loving art you philistine.

It's the OG ape NFT but with more creativity

# ? Apr 9, 2024 17:19

Splicer: Oct 16, 2006; from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

Pirate Radar posted:

Your sister would watch Irreversible repeatedly?

She kept missing bits so she had to start over.

# ? Apr 9, 2024 19:16

Salt Fish: Sep 11, 2003; Cybernetic Crumb

Neito posted:

Careful about buying F-91Ws, the government may put you on a watchlist.

Edit: That said, I agree. I wear a Timex Ironman these days, not the least of which is because I got tired of trying to keep my Galaxy Watch charged and poo poo.

Seems legit:

quote:

The US government became suspicious of Afghans who wore Casio watches due to their ability to be used as timers for improvised explosive devices, a tactic favored by al-Qaeda.[10][11]

According to secret documents issued to interrogators at Guantanamo Bay, obtained[12] and released by The Guardian, "the Casio F-91W digital watch was declared to be 'the sign of al-Qaeda' and a contributing factor to continued detention of prisoners by the analysts stationed at Guantanamo Bay. Briefing documents used to train staff in assessing the threat level of new detainees advise that possession of the F-91W and the A159W, available online for as little as �4, suggests the wearer has been trained in bomb making by al-Qaeda in Afghanistan."[13] United States military intelligence officials have identified the F-91W as a watch that terrorists use in constructing time bombs.[14][15][16][17]

This association was highlighted in the Denbeaux study, and may have been used in some cases at Guantanamo Bay.[18] An article published in The Washington Post in 1996 reported that Abdul Hakim Murad, Wali Khan Amin Shah, and Ramzi Ahmed Yousef had developed techniques to use commonly available Casio digital watches to detonate time bombs.[19] Casio watches were mentioned almost 150 times in prisoner assessments from Guantanamo.[20]

On 12 July 2006, the magazine Mother Jones provided excerpts from the transcripts of a selection of the Guantanamo detainees.[16] The article informed readers:

More than a dozen detainees were cited for owning cheap digital watches, particularly "the infamous Casio watch of the type used by Al Qaeda members for bomb detonators."

# ? Apr 9, 2024 20:57

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Splicer posted:

She kept missing bits so she had to start over.

# ? Apr 9, 2024 22:12

swamp thong: Nov 6, 2023

the buttcoin is capable of receiving enormous amounts of power

# ? Apr 10, 2024 12:35

Mooseontheloose: May 13, 2003

Sardonik posted:

"What goes up, better doggone well stay up!"

Meme stock investor, Scribbles On Wall - Unnamed Research Hospital

"You ivory tower intellectuals must not lose touch with the world of industrial growth and hard currency. It is all very well and good to pursue these high-minded scientific theories, but research grants are expensive. You must justify your existence by providing not only knowledge but concrete and profitable applications as well."
CEO Nwabudike Morgan, "The Ethics of Greed"

wait...

uh...

"Look at any photograph or work of art. If you could duplicate exactly the first tiny dot of color, and then the next and the next, you would end with a perfect copy of the whole, indistinguishable from the original in every way, including the so-called "moral value" of the art itself. Nothing can transcend its smallest elements."
CEO Nwabudike Morgan, "The Ethics of Greed"
Accompanies the Ape Generator

# ? Apr 10, 2024 12:56

Zero One: Dec 30, 2004; HAIL TO THE VICTORS!

Code is law. No manipulation.

quote:

We have talked a few times about Avi Eisenberg, who did a straightforward and rather funny manipulation of a decentralized finance platform called Mango Markets. (Briefly: He set up two accounts on Mango�s platform to trade futures contracts, he sold a bunch of futures on Mango�s own MNGO token from one account, he bought all those futures in another account, he went and bought spot MNGO on another platform to drive up the price of MNGO, he borrowed against his long futures position on Mango, he cashed out about $110 million and walked away from his losing position.)

Eisenberg�s problem is that he thought that Mango was a Fun Crypto Market but, for instance, US prosecutors think it�s a Nice One. He was arrested and goes on trial this week; Bloomberg�s David Voreacos and Chris Dolmetsch report:

A jailed trader accused of stealing $110 million on the Mango Markets exchange faces a criminal trial this week that will test the reach of a US crackdown on cryptocurrencies.

Prosecutors charged Avraham Eisenberg with manipulating Mango Markets futures contracts on Oct. 11, 2022, to boost the price of swaps by 1,300% in 20 minutes. He then �borrowed� from the exchange against the inflated value of those contracts, a move the government claims was a theft. �

Eisenberg, a self-described �applied game theorist,� claims his actions weren�t theft at all. Rather, he says, he legally exploited a weakness in the decentralized finance application. The trial will apparently be the first time a US criminal jury will weigh what type of �DeFi� transactions are legal.

In the crypto world, where digital blockchains govern who owns what, the virtual ecosystem is built around the notion that �code is law.� It means that if something isn�t explicitly forbidden by terms of a crypto platform, then government can�t intercede. But prosecutors say those rules can�t protect traders against possible criminal charges for market manipulation or fraud.

�It touches on the big argument within crypto � is code law?� said Chris Janczewski, head of global investigations at TRM Labs. �If the code allows somebody to do that, does the actual law? Obviously, the government took a different approach that code is not law. Just because there is an opportunity to exploit it does not mean that it�s legal.�

# ? Apr 10, 2024 14:40

Time_pants: Jun 25, 2012; Now sauntering to the ring, please welcome the lackadaisical style of the man who is always doing something...

Zero One posted:

Code is law. No manipulation.

quote:

Just because there is an opportunity to exploit it does not mean that it’s legal.”

I wish the government would take this tack with corporations.

# ? Apr 10, 2024 15:05

VitalSigns: Sep 3, 2011

If you just declare something is law nothing you do can be a crime.

Physics is law. Nothing physical stopped me from clearing out that bank vault.

# ? Apr 10, 2024 15:15

Aramis: Sep 22, 2009

VitalSigns posted:

If you just declare something is law nothing you do can be a crime.

Physics is law. Nothing physical stopped me from clearing out that bank vault.

The law has no spirit.

# ? Apr 10, 2024 15:18

VitalSigns: Sep 3, 2011

Time_pants posted:

I wish the government would take this tack with corporations.

That's different, corporations get to write the laws

# ? Apr 10, 2024 15:24

dr_rat: Jun 4, 2001

This trial wouldn't be happening if they would just put law on the blockchain already!

# ? Apr 10, 2024 15:26

cruft: Oct 25, 2007

dr_rat posted:

the blockchain

Is there only one blockchain? I always assumed there were lots of blockchains since it's just a ledger with cryptographic signatures, but maybe there's just one?

I wanna get in on the dark blockchain, or create it if it doesn't exist yet.

I assume this is something that I could figure out the answer to if I gave it 5 minutes of thought.

# ? Apr 10, 2024 16:07

Neito: Feb 18, 2009; 😌Finally, an avatar the describes my love of tech❤️‍💻, my love of anime💖🎎, and why I'll never see a real girl 🙆‍♀️naked😭.

cruft posted:

Is there only one blockchain? I always assumed there were lots of blockchains since it's just a ledger with cryptographic signatures, but maybe there's just one?

I wanna get in on the dark blockchain, or create it if it doesn't exist yet.

I assume this is something that I could figure out the answer to if I gave it 5 minutes of thought.

This question gets... weird and a bit complicated. There's multiple blockchains for many different types of coins, but my understanding is that some coins are like... "subcoins"? Like some coins are just on the ETH chain or whatever. But yeah, there's not even one BITCOIN blockchain, due to some internal strife.

# ? Apr 10, 2024 16:19

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!

swamp thong posted:

the buttcoin is capable of receiving enormous amounts of power

You've got it backwards. You see, the buttcoin is actually generating the power by doing most of the work.

# ? Apr 10, 2024 16:33

Aramis: Sep 22, 2009

Now I'm confused. I was told that power is stored in the butts.

# ? Apr 10, 2024 16:38

happyhippy: Feb 21, 2005; Playing games, watching movies, owning goons. 'sup; Pillbug

cruft posted:

Is there only one blockchain? I always assumed there were lots of blockchains since it's just a ledger with cryptographic signatures, but maybe there's just one?

I wanna get in on the dark blockchain, or create it if it doesn't exist yet.

I assume this is something that I could figure out the answer to if I gave it 5 minutes of thought.

Its a fancy word for 'database' or 'list'.
Which have existed since forever.
And as its just another name for one, there are thousands.

# ? Apr 10, 2024 17:28

Rad Russian: Aug 15, 2007; Soviet Power Supreme!

Surprised there's no CourtCoin yet, a decentralized way to run court trials. Both parties submit their evidence to the blockchain, and then the collective of miners decides the outcome.

# ? Apr 10, 2024 20:02

Aramis: Sep 22, 2009

Rad Russian posted:

Surprised there's no CourtCoin yet, a decentralized way to run court trials. Both parties submit their evidence to the blockchain, and then the collective of miners decides the outcome.

You haven't seen CourtCoin yet because what you are describing is the Ethereum blockchain itself.

# ? Apr 10, 2024 21:34

zedprime: Jun 9, 2007; yospos

cruft posted:

Is there only one blockchain? I always assumed there were lots of blockchains since it's just a ledger with cryptographic signatures, but maybe there's just one?

I wanna get in on the dark blockchain, or create it if it doesn't exist yet.

I assume this is something that I could figure out the answer to if I gave it 5 minutes of thought.

There is one blockchain containing the infinite multitudes of the infinite blockchains. Some say we are all just a blockchain simulation.

# ? Apr 10, 2024 22:26

tango alpha delta: Sep 9, 2011; Ask me about my wealthy lifestyle and passive income! I love bragging about my wealth to my lessers! My opinions are more valid because I have more money than you! Stealing the fruits of the labor of the working class is okay, so long as you don't do it using crypto. More money = better than!

happyhippy posted:

Its a fancy word for 'database' or 'list'.
Which have existed since forever.
And as its just another name for one, there are thousands.

Blockchain is a flat file linked list as far as I know but definitely not a database. It�s technology from the 1970s.

# ? Apr 11, 2024 00:12

zedprime: Jun 9, 2007; yospos

There is data and it is based.

# ? Apr 11, 2024 00:13

Lammasu: May 8, 2019; lawful Good Monster

The singular of Data is Datum. I just love to state that fact.

# ? Apr 11, 2024 00:25

Neito: Feb 18, 2009; 😌Finally, an avatar the describes my love of tech❤️‍💻, my love of anime💖🎎, and why I'll never see a real girl 🙆‍♀️naked😭.

tango alpha delta posted:

Blockchain is a flat file linked list as far as I know but definitely not a database. It�s technology from the 1970s.

Technically, I believe it's a doublely-linked list.

I can't find any proof of doubly-linked lists, but singly-linked lists are from the 50s, and they're probably honestly even before that, or at least functionally similar ancestors are.

# ? Apr 11, 2024 00:51

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

blockchain is a type of small hat

# ? Apr 11, 2024 01:00

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!

blockchain is a series of tubes

# ? Apr 11, 2024 01:02

Ariong: Jun 25, 2012; Get bashed, platonist!

Torn on this Mango guy. On the one hand I want him to get away with ripping off a crypto exchange, but on the other hand I want more jurisprudence in support of crypto bullshit being regulated. Tough choice.

# ? Apr 11, 2024 01:02

tango alpha delta: Sep 9, 2011; Ask me about my wealthy lifestyle and passive income! I love bragging about my wealth to my lessers! My opinions are more valid because I have more money than you! Stealing the fruits of the labor of the working class is okay, so long as you don't do it using crypto. More money = better than!

Lammasu posted:

The singular of Data is Datum. I just love to state that fact.

I like the fact that half of a byte is called a nibble. it's whimsical to me.

e: yes I've programmed MOS, Motorola and Intel architecture in Assembly Language. How can you tell?

tango alpha delta fucked around with this message at 01:13 on Apr 11, 2024

# ? Apr 11, 2024 01:08

gay picnic defence: Oct 5, 2009; I'M CONCERNED ABOUT A NUMBER OF THINGS

Ariong posted:

Torn on this Mango guy. On the one hand I want him to get away with ripping off a crypto exchange, but on the other hand I want more jurisprudence in support of crypto bullshit being regulated. Tough choice.

If it starts to be regulated it�s just going to hang around for longer, if the scams are allowed to continue it�s going to crash and burn pretty quickly I think

# ? Apr 11, 2024 01:23

syntaxfunction: Oct 27, 2010

Blockchain is a list where they went
ADD = TRUE
EDIT = FALSE

And the rest is increasingly stupid history.

# ? Apr 11, 2024 02:03

Scratch Monkey: Oct 25, 2010; 👰Proč bychom se netě�ili🥰kdy� n�m P�n Bůh🙌🏻zdrav� d�💪?

tango alpha delta posted:

I like the fact that half of a byte is called a nibble. it's whimsical to me.

Sort of a shame it�s not a nybble

# ? Apr 11, 2024 12:52

Adbot: ADBOT LOVES YOU

# ? Jun 4, 2024 10:39

Neito: Feb 18, 2009; 😌Finally, an avatar the describes my love of tech❤️‍💻, my love of anime💖🎎, and why I'll never see a real girl 🙆‍♀️naked😭.

Scratch Monkey posted:

Sort of a shame it�s not a nybble

It is, at least according to the Jargon File.

https://www.catb.org/jargon/html/N/nybble.html

# ? Apr 11, 2024 13:03

The Something Awful Forums > Main > General Bullshit > Bitcoin: no angel investors, only Faustian bargains

«‹›2277 »