Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. Penguin The Duck

    Penguin The Duck Well-Known Member
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    Isn't there a bunch of copypasta of ETH or BTC, too? Alts, shitcoins, etc, What's the difference? There's obviously a market for it on both sides, just as there are a ton of risks.
     
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  2. jorge

    jorge Founder of Post ITT if your team sucks
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    Conversely NYS made it so electric companies can charge miners more.
     
  3. user15000

    user15000 Well-Known Member

    Ha ya between that and the bitlicense, they’re not gonna have a good time.
     
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  4. jorge

    jorge Founder of Post ITT if your team sucks
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    I honestly don't really mind the bitlicense as much, although its a bit wide sweeping. It's nice to have regulated exchanges. I really don't know why they did the power thing though. At $0.02 kWh upstate, it was one of the only places that could compete with the big ops in China.
     
    #16457 jorge, Jun 9, 2021
    Last edited: Jun 9, 2021
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  5. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Yeah pretty dumb, we should have just renamed Niagara Falls to PoW falls and gone for it.
     
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  6. jorge

    jorge Founder of Post ITT if your team sucks
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    [​IMG]
     
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  7. Wee Bey

    Wee Bey Well-Known Member
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    Bitcoin is a shit show and it will ruin everything we know to be good including the climate.

     
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  8. jorge

    jorge Founder of Post ITT if your team sucks
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    While I think the claims that Bitcoin uses all or mostly uses wasted power are laughable. Lets be real, the PoW problem is not exclusively a Crypto problem. Anyone who knows how computer and technology works knew that power demands would increase over time. Do people think data centers aren't consuming massive amounts of power too? Netflix streaming uses a ton of power to deliver to your TV screen. Thats why things like sci-fi have concepts like Dyson Spheres. The root of the problem is the entire world ignoring climate change and the transition to renewable energy, and the PoW problem is that tech debt coming to a head.
     
  9. Harrison Beck

    Harrison Beck Rut Roh maximalist
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    Shut down all computers. Save Mother Earth
     
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  10. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Would love to know how much energy AWS uses
     
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  11. Wee Bey

    Wee Bey Well-Known Member
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    Which is why I made the example of dbl slurping his shoes. It's simply all the same. If it requires energy it's coming from somewhere.
     
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  12. Tug

    Tug Well-Known Member
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    Do not worry Elon has a plan
     
  13. construxboy

    construxboy xenForo is the new TMB
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    We can ruin outer space as well? Awesome!!
     
  14. Harrison Beck

    Harrison Beck Rut Roh maximalist
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    Lol. Said this in March. Didn’t think we see a country in 2 months but again it was inevitable.
     
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  15. Wee Bey

    Wee Bey Well-Known Member
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    Ruin it for whom?
     
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  16. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Probably any native species we encounter tbh
     
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  17. Wee Bey

    Wee Bey Well-Known Member
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    This is very much a Lyrtch level reach. Let's keep tabs.
     
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  18. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    I mean we killed all the natives of our own species, why wouldn't we go fuck up some aliens?
     
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  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    it amuses me how deep i am in your brain
     
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  20. jorge

    jorge Founder of Post ITT if your team sucks
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    NO drilling on Zerus! SAVE the Zerg!
     
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  21. Wee Bey

    Wee Bey Well-Known Member
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    Once again, to be on the other side of Lyrtch + dblplay1212 is not a bad thing. NGMI, and really and truly, HFSP.
     
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  22. Harrison Beck

    Harrison Beck Rut Roh maximalist
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  23. Wee Bey

    Wee Bey Well-Known Member
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    My man, get off the internet.
     
  24. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Would just like to point out that Bukele has blue laser eyes on his twitter...
     
  25. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Not sure if this is how it will really be handled, but it certainly could be.

     
  26. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    the in group tribalism of the bitcoin folks is fascinating
     
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  27. Whammy

    Whammy Look kids, Parliament!
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    Oranjello thoughts?
     
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  28. Wee Bey

    Wee Bey Well-Known Member
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    The outgroup fascination of the boomers surrounding themselves with NYT articles is so quant, precious, and cute
     
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  29. jorge

    jorge Founder of Post ITT if your team sucks
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    What are the implications of this?
     
  30. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    cool
     
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  31. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Idk bruh
     
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  32. Harrison Beck

    Harrison Beck Rut Roh maximalist
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    You’d like to think this spurs the US to get a little more serious about some meaningful regulation around crypto. It’s 1000% necessary. That said I’m not holding my breath. Love to hear Oranjello thoughts
     
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  33. Truman

    Truman Well-Known Member
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    This seems like it's in reference to the El Salvador stuff, but the USD is still the official currency there. I think this dude has no clue what he's talking about
     
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  34. kennypowers

    kennypowers Big shit like a dinosaur did it
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    This doesn’t seem accurate
     
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  35. brolift

    brolift Well-Known Member
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    :comicbookguy:
     
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  36. Oranjello

    Oranjello Well-Known Member
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    IRS/Treasury has not changed its position, so virtual currencies are still "property" for U.S. tax purposes.

    Regardless of the tax treatment, I think increased information reporting is almost certainly going to happen. Biden called for in his announcement a few weeks ago. I can't find it online, but this document was recently released by Treasury and provides an idea of what they are currently thinking about

    upload_2021-6-9_16-30-4.png
     
  37. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Fuck you, pal, I’m a millennial!

    :welpseeyalater:
     
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  38. Truman

    Truman Well-Known Member
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    *Geriatric Millennial
     
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  39. Wee Bey

    Wee Bey Well-Known Member
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    In age only
     
  40. Harrison Beck

    Harrison Beck Rut Roh maximalist
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    Ok, I’m out
     
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  41. Wee Bey

    Wee Bey Well-Known Member
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    How can they be so flippant?

     
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  42. PaulKemp

    PaulKemp Well-Known Member
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    I've been off Twitter for a bit, what's going on with the blue laser eyes? Is this like an ice dragon thing calling for crypto winter or something else? TIA
     
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  43. Tug

    Tug Well-Known Member
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    Google Paris Hilton laser eyes
     
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  44. jorge

    jorge Founder of Post ITT if your team sucks
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    These assholes do the same thing about encryption. They don't understand it and bad people use it sometimes so it should be banned.
     
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  45. Wee Bey

    Wee Bey Well-Known Member
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    Anyone else think Lyrtch is Liz Warren? They are the same speaking robot.
     
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  46. AptosDuck

    AptosDuck Pedantic Hausfrau
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    Liz has much better syntax
     
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  47. Harrison Beck

    Harrison Beck Rut Roh maximalist
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