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https://twitter.com/spectatorindex/status/1685869436816015360
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Aug 1, 2023 14:42
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I’d almost prefer if the SEC just kept letting rich idiots dump their money into obvious scams. Good way to redistribute some wealth.
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Aug 1, 2023 15:05
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Is there a Tl;Dr for why they are good with BitCoin and not the others? I thought they were all shady.
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Aug 1, 2023 15:08
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ASAPI posted:Is there a Tl;Dr for why they are good with BitCoin and not the others? I thought they were all shady. Supposedly it's because bitcoin isn't proof of stake.
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Aug 1, 2023 15:09
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Also the value of all the other coins is based on Bitcoin, I thought.
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Aug 1, 2023 15:15
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Vincent Van Goatse posted:Supposedly it's because bitcoin isn't proof of stake. Is there a brief explanation of why that matters for those of us who have avoided learning any technical details about buttcoins?
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Aug 1, 2023 15:29
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Stultus Maximus posted:Is there a brief explanation of why that matters for those of us who have avoided learning any technical details about buttcoins? Those are the two fundamentally different but stupid ways of determining how the loving bullshit tokens are produced. There's a better explanation in this video if you've got two spare hours or so: https://www.youtube.com/watch?v=YQ_xWvX1n9g
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Aug 1, 2023 15:31
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ASAPI posted:Is there a Tl;Dr for why they are good with BitCoin and not the others? I thought they were all shady. Bitcoin is a commodity not a security. For something to be a security it has to pass the howey test. The howey test has four parts. 1. investment of money 2. in a common enterprise 3. with the expectation of profit 4. from the work of others Bitcoin doesn't fit these criteria as it was never something that solicited investments or promised returns. Etherium, on the other hand, from the start was a security. Any coin that started with an ICO is a security because it passes all four wickets. Any staked coin or structure also is a security.
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Aug 1, 2023 15:35
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FYI - this happened more than a month ago and is what led up to the lawsuit against coinbase. Their CEO revealed this info early yesterday morning. That's why the community note is on the tweet. I'll also note that there are a handful of cryptocoins that likewise are commodities. Generally, as long as they do not have a staked structure and did not start as an ICO, they're in a different bucket. I'll note that staking and ICOs aren't the only way crypto poo poo becomes a security, but those are the quickest and easiest examples.
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Aug 1, 2023 15:41
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Coasterphreak posted:I’d almost prefer if the SEC just kept letting rich idiots dump their money into obvious scams. Good way to redistribute some wealth. It's not like crypto leads to any kind of socially equitable redistribution of wealth, though. The money is flowing into the hands of the griftiest people in the world.
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Aug 1, 2023 15:55
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US Berder Patrol posted:It's not like crypto leads to any kind of socially equitable redistribution of wealth, though. The money is flowing into the hands of the griftiest people in the world. Seriously. There's a good chance that Sam Bankman Fried, while on house arrest, has pulled off another crypto scam with some rugpull.
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Aug 1, 2023 16:25
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US Berder Patrol posted:It's not like crypto leads to any kind of socially equitable redistribution of wealth, though. The money is flowing into the hands of the griftiest people in the world. I never claimed socially equitable, I’m willing to settle for funny
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Aug 1, 2023 16:48
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Coasterphreak posted:I never claimed socially equitable, I’m willing to settle for funny I told myself as I voted for Trump. Twice. I kid, who the gently caress votes?
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Aug 1, 2023 16:55
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Coasterphreak posted:I’d almost prefer if the SEC just kept letting rich idiots dump their money into obvious scams. Good way to redistribute some wealth. Its not the rich losing their money, its the idiot's in that middle class bracket losing it to the rich.
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Aug 1, 2023 17:00
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M_Gargantua posted:Its not the rich losing their money, its the idiot's in that middle class bracket losing it to the rich. Well, yeah, but nobody ever wins the battle of “do your loving research”
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Aug 1, 2023 17:24
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That guy from euphoria died too, at 25. Is this the worst year for dying since 2016
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Aug 1, 2023 18:04
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Milo and POTUS posted:That guy from euphoria died too, at 25. Is this the worst year for dying since 2016 Hard disagree.
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Aug 1, 2023 18:30
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Today is a good day to die.
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Aug 1, 2023 18:41
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LtCol J. Krusinski posted:Hard disagree. What's your pick then
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Aug 1, 2023 18:42
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Milo and POTUS posted:What's your pick then Late 2019 to late 2022.
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Aug 1, 2023 19:09
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https://twitter.com/MattSeyler/status/1686443149143449600?t=-FUFxYvvrds-Ar3QkdVA0Q&s=19 "ok come get your fucko, jesus gently caress we're done with this idiot"
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Aug 1, 2023 19:30
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beetle bailey-rear end POW
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Aug 1, 2023 19:34
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https://twitter.com/BlackKnight10k/status/1686132416174272512?t=80EMk2wffOsQtbctzBPr4w&s=19
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Aug 1, 2023 19:37
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I'll edit this if it turns into nothing, but the DC J6 Grand Jury meets on Tuesdays and Thursdays. For some reason, all the jurors have left for the day, except for the grand jury foreperson. Possible that an indictment was just voted out, possible that the foreperson is just waiting for an Uber. Guess we'll see!
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Aug 1, 2023 19:38
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facialimpediment posted:I'll edit this if it turns into nothing, but the DC J6 Grand Jury meets on Tuesdays and Thursdays. For some reason, all the jurors have left for the day, except for the grand jury foreperson. Voted out as in rejected or voted upon?
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Aug 1, 2023 19:43
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I hope my edible peaks when the indictment drops.
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Aug 1, 2023 19:56
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CBJSprague24 posted:Voted out as in rejected or voted upon? Voted upon, as in indictment now exists and has left the grand jury. If the grand jury no billed and denied an indictment, by logic the foreperson wouldn't still be around the courthouse. If they indeed indicted, only the foreperson is needed to process the paperwork (theoretically). So likely approved the indictment. But my usual non-talking head legal sources haven't really said anything yet, this is all related from TV lawyer sources, which are meh on good days.
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Aug 1, 2023 19:59
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https://twitter.com/shoe0nhead/status/1686409836718682112
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Aug 1, 2023 21:25
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finally some fresh commentary on capitalism
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Aug 1, 2023 21:26
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Yea, I'm not sure how long it took for jokes about 9/11 to start happening, but I'm fairly certain they where here by 2004.
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Aug 1, 2023 21:42
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At least in GBS, maybe three or four hours after the second tower fell.
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Aug 1, 2023 21:45
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what actually has to happen to keep trump from running for president, like does he have to be in prison or what? not looking forward to another round of 'but a dog can't play basketball'
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Aug 1, 2023 21:57
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maffew buildings posted:what actually has to happen to keep trump from running for president, like does he have to be in prison or what? not looking forward to another round of 'but a dog can't play basketball' If he gets convicted for January 6th charges that are interpreted as insurrection or rebellion, or having given aid and comfort thereof, he is not eligible. But that's it.
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Aug 1, 2023 22:00
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Merry indictmas: the reckoning https://twitter.com/cspan/status/1686481710840487936?t=UMCsLjYUQxt7kKwazftbTQ&s=19
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Aug 1, 2023 22:02
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waiting to hear it on https://www.c-span.org/radio/ since it isn't live on that video yet
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Aug 1, 2023 22:10
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Stultus Maximus posted:If he gets convicted for January 6th charges that are interpreted as insurrection or rebellion, or having given aid and comfort thereof, he is not eligible. But that's it. Even if that were the case, and he were to win the election, what mechanism is in place to stop him? The only thing I can think of is Congress not certifying the results, and you know enough Dems would roll over in the name of  and say "ah well, it's the will of the people, nothing we can do" while voting to certify. The supreme court sure as poo poo isn't going to stop anything. And that only applies to actually being appointed president, nothing short of the icy, Kissinger-free hand of death would stop him from running.
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Aug 1, 2023 22:13
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given that dead people have legitimately won elections posthumously i'm unconvinced that even death would stop him
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Aug 1, 2023 22:21
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Update: the sealed indictment is definitely for Donnie, possibly more. That's all we got at the moment. Edit: indictments match the target letter, 4 counts Edit2: six co-conspirators https://twitter.com/mjs_DC/status/1686490787532480512?t=BFDaiqXuLpu-9f-3-KkJ7Q&s=19 facialimpediment fucked around with this message at 22:37 on Aug 1, 2023 |
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Aug 1, 2023 22:33
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CNN says four counts. E- six other people charged- CNN believes four are Eastman, Giuliani, Powell, and Jeffrey Clark. CBJSprague24 fucked around with this message at 22:39 on Aug 1, 2023 |
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Aug 1, 2023 22:36
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Zamujasa posted:given that dead people have legitimately won elections posthumously i'm unconvinced that even death would stop him Fair enough, but at least it wouldn't be him, personally campaigning any more. At least, I mean... oh god, I would hope not.
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Aug 1, 2023 22:37
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