Buttcoin

[Friday]

Man if we ever get to a point in our society where cops just hunt down and destroy crypto strip-mining facilities full time I will amend my rating of society one full point upward

[hngkong]

Man if we ever get a point in our society where cops just hunt down and destroy crypto strip-mining facilities full time I will amend my rating of society one full point upward

One full point? That seems very generous.

[Niku]

it’s a ten thousand point scale

[nosimpleway]

I mean, if all the problems in society directly caused by cops were ceased, and as a byproduct cryptocurrency took a dirt nap... yeah, that's win/win. Easily a full point.

[Mongrel]

An untraceable, unseizable asset? Well, uh, kinda.

[Mongrel]

fucking lmao



best

spend $50 on a hardware wallet to secure your $2 million bitcoin ransom people

[Mongrel]

There's also this story, which is currently pending confirmation. Cumrocket™ is supposedly claiming, no, transactions are still posting for everyone, but then several people have pointed out that the *ahem* full-throated CUMROCKET defenders are all on brand new social media accounts.

Either way, CRYPTO!

[Mongrel]

[Mongrel]

NFT stuff goes here too, I guess?

[mharr]

Immediately what now? This is a letter in need of a 27B/6 reply chain.

[Upthorn]

He purchased an NFT of his publio arrest record believing that it gives him sole copyright.

It does not.

[nosimpleway]

I mean, you already know he has a deep misunderstanding of how reality actually functions by virtue of buying an NFT in the first place.

[mharr]

Something something socialist copium!

Oh shit that's halfway to being a Harry Potter spell

[Thad]

Immediately what now?

Seize and desist, dammit! What part of "seize and desist" don't you understand?

[Upthorn]

Oh. I didn't read close enough to realize the idiotic legal threat demanded the recipient have a seizure! Haha, that's amazing!

[Büge]

apparently you can buy NFTs of the Space Jam 2 cast

[mharr]

NFTs are literally just urls, right? There's no built in archival of whatever data happened to be at that address when they were coined? Seems like they ought to be IPFS links at least.

Edit: Yeah, according to wiki "NFTs involving digital art generally do not store the file on the blockchain due to its size. The token functions in a way more similar to a certificate of ownership, with a web address pointing to the piece of art in question, making the art still subject to link rot."

Or, y'know, being deliberately moved or renamed explicitly to troll the market.

[KingRoyal]

I believe an entry is made into a blockchain, usually the Ethereum blockchain. This has no legal standing.

[Mongrel]

Yeah falling for NFTs is basically one of the digital analogues to believing in Sovereign Citizenship. Or as the big brain scientitians like to say "Prone to 'Magical Thinking'".

That said, I'm personally glad that the first attempt by people to commodify the most ephemeral aspects of our existence has turned out to be a pure slapstick fall-on-your-face-and-roll-headfirst-down-the-stairs joke.

[Yoji]

Ah good, there it is. I really didn't feel like typing that all out from memory.