A fool and his not-really-money are soon parted
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Can I have a new stack of bingo cards, please?
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Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
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@loopback0 And literally nothing of value was lost.
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@hungrier very likely, the country that gives the imprimatur to all the "legal tender"somewherenot herejust look at the odds collector's coins hasn't got a three-fifty denomination yet. This can happen.
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@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
Well then how would we get cryptocurrency, huh?
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@Arantor said in A fool and his not-really-money are soon parted:
@PotatoEngineer the power companies.
Wouldn't that give them too much... hold on...
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@Gribnit said in A fool and his not-really-money are soon parted:
@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
Well then how would we get cryptocurrency, huh?
The old system of private keys worked well enough!
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@Gribnit said in A fool and his not-really-money are soon parted:
@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
Well then how would we get cryptocurrency, huh?
Steal it, like everyone else.
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Sigh.
In other news:
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@Tsaukpaetra said in A fool and his not-really-money are soon parted:
@Gribnit said in A fool and his not-really-money are soon parted:
@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
Well then how would we get cryptocurrency, huh?
The old system of private keys worked well enough!
No it didn't. That's demonstrably false. But the existing asymmetric schemes are indeed rather good.
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@Zecc said in A fool and his not-really-money are soon parted:
When is the last time someone who wasn't a spammer joined?
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@HardwareGeek said in A fool and his not-really-money are soon parted:
@Zecc said in A fool and his not-really-money are soon parted:
When is the last time someone who wasn't a spammer joined?
There are tons of accounts who joined and then never did anything. We discussed this phenomenon somewhere. But I think our most recent participating user was @Gomesz785, who joined on October 1st, 2021 but only stuck around for 10 days.
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@boomzilla he couldn't take the heat . And that was in the civil parts of the forum.
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@topspin said in A fool and his not-really-money are soon parted:
@boomzilla he couldn't take the heat . And that was in the civil parts of the forum.
I thought we shut down that part of the forum because a mod went mental and tried to ban other mods.
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@DogsB no, that was the "passive aggressive" part of the forum.
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@topspin we're not all passive aggressive over here. Only some of you are.
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I would never.
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@Arantor said in A fool and his not-really-money are soon parted:
@topspin we're not all passive aggressive over here. Only some of you are.
We definitely have a few aggressive aggressives.
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The Article's Opening Sentence said in A fool and his not-really-money are soon parted:
Mining Bitcoin is one of the most profitable businesses on the plant
Aside from the typo, I thought the current state of mining Bitcoin is that it's only profitable in places with dirt-cheap (or stolen!) electricity. Am I wrong? Should I buy dozens of video cards at inflated prices to mine Bitcoin now?
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@PotatoEngineer said in A fool and his not-really-money are soon parted:
The Article's Opening Sentence said in A fool and his not-really-money are soon parted:
Mining Bitcoin is one of the most profitable businesses on the plant
Aside from the typo, I thought the current state of mining Bitcoin is that it's only profitable in places with dirt-cheap (or stolen!) electricity. Am I wrong? Should I buy dozens of video cards at inflated prices to mine Bitcoin now?
Depends, are you using it as a supporting service for your drug dealing or extortion businesses?
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@PotatoEngineer said in A fool and his not-really-money are soon parted:
The Article's Opening Sentence said in A fool and his not-really-money are soon parted:
Mining Bitcoin is one of the most profitable businesses on the plant
Only if the plant is a hallucinogen.
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@PotatoEngineer said in A fool and his not-really-money are soon parted:
The Article's Opening Sentence said in A fool and his not-really-money are soon parted:
Mining Bitcoin is one of the most profitable businesses on the plant
Aside from the typo, I thought the current state of mining Bitcoin is that it's only profitable in places with dirt-cheap (or stolen!) electricity. Am I wrong? Should I buy dozens of video cards at inflated prices to mine Bitcoin now?
No, see, they're saying there is a run-down manufacturing plant from where they steal their electricity.
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@boomzilla said in A fool and his not-really-money are soon parted:
@Arantor said in A fool and his not-really-money are soon parted:
@topspin we're not all passive aggressive over here. Only some of you are.
We definitely have a few aggressive aggressives.
Oh! Oh! Can I be fucking aggressive?
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@Tsaukpaetra said in A fool and his not-really-money are soon parted:
@boomzilla said in A fool and his not-really-money are soon parted:
@Arantor said in A fool and his not-really-money are soon parted:
@topspin we're not all passive aggressive over here. Only some of you are.
We definitely have a few aggressive aggressives.
Oh! Oh! Can I be fucking aggressive?
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@boomzilla said in A fool and his not-really-money are soon parted:
Frog Leap Studios
I didn't expect this from them.... I have mixed feelings on this.
Edit: Oh, 2:35 there's the--- oh wait it's gone again...
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@Tsaukpaetra Frog Leap basically just does angry metal versions of things that weren't even necessarily metal before.
Given how much metal music comes out of Scandinavia I suspect there is something in the water.
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@Arantor said in A fool and his not-really-money are soon parted:
I suspect there is something in the water.
A high concentration of heavy metals, maybe?
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@Arantor said in A fool and his not-really-money are soon parted:
@Tsaukpaetra Frog Leap basically just does angry metal versions of things that weren't even necessarily metal before.
Given how much metal music comes out of Scandinavia I suspect there is something in the water.
Flouride. Enough of it that it's above the EU recommended limit in some places.
But for the most part, I'd guess it's mostly being cold and dark too much. Vitamin D deficiency cause Metal.
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Is this the nation state version of Embrace-Extend-Extinguish?
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@boomzilla said in A fool and his not-really-money are soon parted:
@Gribnit said in A fool and his not-really-money are soon parted:
@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
"Well then how would we get cryptocurrency, huh?"
Steal it, like everyone else.
Ahem...
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@boomzilla we built this city
on rock and rollnot at all
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The attack worked by compromising the Discord account of a moderator, a core-team member and early investor who goes by Lyons800. They detailed the angle of attack in a Twitter thread the following day. First, the attacker posted a doctored screenshot showing a conversation with Lyons800 in another Discord server, claiming that he was scamming people there. Lyons800 offered to prove it wasn't him and got on a voice call with the scammer, who convinced the moderator to let them inspect their console. From there, the scammer obtained Lyons800's Discord authentication token that let them hijack the account. In a tweet, Lyons800 described this as "a ridiculous security breach from Discord."
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@boomzilla said in A fool and his not-really-money are soon parted:
@boomzilla said in A fool and his not-really-money are soon parted:
@Gribnit said in A fool and his not-really-money are soon parted:
@Tsaukpaetra said in A fool and his not-really-money are soon parted:
Article @loopback0 posted in A fool and his not-really-money are soon parted said:
enthusiasts who predict that the Bitcoin industry will soon solve its pollution problem by running mainly on renewable energy.
Yeah.... no.... how about fuck that noise and just solve the world's problems by running on renewable energy and not wasting it on cryptomining?
"Well then how would we get cryptocurrency, huh?"
Steal it, like everyone else.
Ahem...
Yeah, that's more or less the story I'd spin if I wanted to make off with the coins people gave me to invest™.
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@LaoC said in A fool and his not-really-money are soon parted:
Yeah, that's more or less the story I'd spin if I wanted to make off with the coins people gave me to invest™.
That's what TFA says, doesn't it?
members' funds were successfully stolen
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@Carnage said in A fool and his not-really-money are soon parted:
Flouride
That'd just explain pastaness.
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We were beaten to launching the WTF coin!
All in all, this was at the very least a poorly conceived launch. Like so many other crypto projects, it was so poorly planned, capitalized, and executed, that it’s almost indistinguishable from a scam. WTF indeed.
And the highlight of the :
Other traders were screwed over because they did not know how to properly set up lower tolerances for slippage (when prices literally slip between the time an order is filled and executed) and ended up fulfilling orders for substantially less WTF than anticipated at a substantially higher price. One user accidentally swapped 42 ETH (over $132,000) for 0.00004 WTF, even though WTF was only worth $0.00000525172 per token, as a result of this.
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@Atazhaia said in A fool and his not-really-money are soon parted:
We were beaten to launching the WTF coin!
One user accidentally swapped 42 ETH (over $132,000) for 0.00004 WTF, even though WTF was only worth $0.00000525172 per token, as a result of this.
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@Atazhaia said in A fool and his not-really-money are soon parted:
All in all, this was at the very least a poorly conceived launch.
Oh good! They're upholding our name!
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Truth in advertising:
GriftCoin is a grift coin.
The Most Beloved Cryptocurrency
GriftCoin is really a grift ecosystem. Grifters can buy the token to get rich quick, convince others to buy the tokens to get rich quicker, and purchase rare NFTs (GriftGarf™) to get rich quickest.
EDIT: OK, but the way the background animations react to the mouse cursor is pretty cool.
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@boomzilla I saw them from an ad on FB:
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What is cryptocurrency?
Like Zombocom, cryptocurrency means many things to many people, but we think Twitter user @Theophite put it best" "imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin"
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@boomzilla said in A fool and his not-really-money are soon parted:
What is cryptocurrency?
Like Zombocom, cryptocvurrencty means many things to many people, but we think Twitter user @Theophite put it best" "imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin"This is the best description of cryptocurrency I’ve ever seen.
Got to bookmark that!
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Another bot paid 10 ETH for the last WTF available (only 0.000149 WTF), meaning that at that point the trading pool had a lot of ETH in it and effectively no WTF.
I beg to differ: There was a lot of in there!
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@Polygeekery But they will still get the unique experience of taking turns at viewing the contents of a rarely seen book, right?
Someone seems to have uploaded it to Google photos before.
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@Polygeekery Maybe you should offer your services:
Some of them think burning the book is a good idea because it'll destroy the copyright and let them share the scans
these are truly some of the dumbest and worst people on the internet
There's some more good stuff about scam targets and tax evasion in this Twitter thread:
EDIT: Had to fix the thread's link, because Twitter is a shitty blog substitute.
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@Polygeekery said in A fool and his not-really-money are soon parted:
This was not a context I expected to find one of the Technical Difficulties. Though I guess it kind of makes sense given his day job.