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

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

  1. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    because you aren't actually disputing anything substantively, you're just saying "no" and expecting people to go oh ok

    its not remotely a boogeyman because it's not that important
     
    IV likes this.
  2. danny2430

    danny2430 Well-Known Member
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsLiverpool

    You sure spend enough time in this thread that it seems quite important to you

    Or else you’re just really bored with too much time on your hands
     
  3. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the latter is true

    the former is true in as much as I spent a chunk of covid educating myself on the space and seeing people dispute that like, the sky is blue, is really mind meltingly dumb
     
  4. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    My guy - this is just mind melting, if you're going to make wild unsubstantiated claims (crypto is an anarcho-capitalist project as a sector) the burden of proof is on you. You've provided nothing but wild claims, which based on my experience, are not rooted in truth.

    You're just slinging mud
     
    user15000 likes this.
  5. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    read about the creation of digital currency, cypherpunks, blockchain, and bitcoin itself. literally everyone involved is like "yes this is about libertarianism and anarcho capitalism"

    as I've stated multiple times at this point yes some defi projects are just fintech. many people in the space are speculators. but the majority of the rhetoric in the space is still based in libertarian ideology because the entire infrastructure is built for that goal.

    i don't understand the mud slinging part, these are factual claims but you're taking them as slanderous because you have hyper negative views of libertarian ideology I guess?
     
  6. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Chumbo has the most normal reaction. "oh that kinda makes sense but it seems irrelevant to my money making desires, moving on" which is very true.
     
  7. user15000

    user15000 Well-Known Member

    It’s open source software code. If you can’t see that without screaming “libertarians!” then that’s on you.

    Oddly silent on the 44% link not working. And on the multi-country adoption that almost certainly has nothing to do with political leanings.

    Also lol at the guy taking shots at El Salvador’s president. Fascists typically don’t adopt currencies they have zero control over. He would’ve been far more powerful making up his own currency.
     
    Whammy likes this.
  8. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i've commented on the 44% thing a few times. the link is dead to the study from the City College of London but if you google the claim its cited broadly by literal crypto websites for years and years. the other coindesk article has libertarians + ancaps at 32% with another 21% identifying as conservative. 32% or 44% that's a hugely outsized portion compared to the countries demographics and even more outsized when you control for age. you reference Satoshi's whitepapers all the time, which also references how libertarian ideologically the project is. on and on.
     
  9. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i understand there's some utility in denying there's a political component to crypto/btc/blockchain/etc but half the space is literally telling you the libertarian case is why they're here and why people have spent decades on these projects. the rhetoric around it is all very libertarian as seen by the "central bank/money printing/fiat boo" stuff.
     
    Eamudo229 likes this.
  10. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    You keep stating my exact point, but the not understanding the correct conclusion. No one disputes the origins are libertarian and counterculture in nature.

    Our very internet today, which is politically neutral, was cut from a similar.

    https://www.tandfonline.com/doi/full/10.1080/23738871.2016.1157619

    The first Internet boom: 1995–2000
    In the 1980s, ‘cyberspace’ – the term coined by the novelist William Gibson to describe the virtual world behind the computer screen (Gibson 1984) – was an unusual space. It was essentially a geek preserve, with a social ethos that was communal, libertarian, collaborative, occasionally raucous, anti-establishment and rich in debate and discussion (see Hauben and Hauben 1997). It had no commerce, no hierarchies, no crime and no spam, and in general it was populated by people who either knew one another, or at least knew others’ institutional affiliations. In that sense, cyberspace and the so-called real world existed as parallel universes. Most people outside of the magic circle had no knowledge of the network – and even if they did, they would have found it difficult to gain admission to it.

    Does the above sound familiar at all to you? There's no point in continuing if you keep screeching about the origins (which are not in dispute), but won't acknowledge the shift that's taken place the last 5-6 years.

    I think you know you're wrong, you just can't publicly back down with TMB watching
     
    user15000 likes this.
  11. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    what am I wrong about? be specific

    or make the case for crypto, what problems it addresses, and the broad benefits it has without using libertarian and/or anarchist framing
     
  12. Redav

    Redav One big ocean
    Donor

    Idk if you just don't know libertarian ideology or just wildly flailing but crypto being libertarian friendly seems indisputable, especially if you consider yourself an expert.
     
  13. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  14. brolift

    brolift 2sweet
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Fascism for Bitcoin/Ethereum and not a national currency seems likely when you think about it logically
     
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  16. Roy

    Roy Well-Known Member
    Donor
    South Carolina Gamecocks

    I mean BTC reached the height of its actual not speculative fucking usefulness with the Silk Road and if you don't know what that is then you know jack fuck about crypto and how it can be best utilized besides riding grifts to passive gains while people with much more money mine the fuck out of it hoping to make money off true believers and eject entire countries' worth of carbon dioxide into the atmosphere to do so.

    And if you can't make the connection between Silk Road and libertarianism you don't know jack shit about jack shit.

    Again it doesn't matter. But the head in sand denial and the "i've dedicated 1000 of hours of my own research into crypto so I know more about it than others who get paid to cover this topic for years is as Lytch said: Weird af. And kind of annoying to read through.
     
  17. Redav

    Redav One big ocean
    Donor

    The Winklevosses went in front of Congress years ago and couldn't give a good explanation for how it wasn't just a way to commit crimes more easily
     
  18. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    they obviously have not completed their 1,000 hours yet
     
  19. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    but yes the only thing i've used btc for is illegal offshore gambling
     
  20. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    This is cute.

    Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system.

    It's a public online ledger that can't be changed or manipulated. A lot of these people are getting caught in fraud cases because they think they are able to move their funds and 'wash' them, but that is also not true.
     
    user15000 likes this.
  21. user15000

    user15000 Well-Known Member

    Ah yes we’ve hit the crimes and carbon emissions session of the day. Bingo!

    Really love committing crimes on a publicly traceable ledger and not using things like cash.
     
  22. Redav

    Redav One big ocean
    Donor

    People used it explicitly to skirt government reach but suggesting that that is catnip for libertarians apparently makes whammy lose his mind
     
    Jax Teller and poor paul like this.
  23. user15000

    user15000 Well-Known Member

    Offshore gambling isn’t illegal. It’s illegal not to pay taxes on your winnings. But I digress
     
  24. Redav

    Redav One big ocean
    Donor

    Yeah you say the same thing over and over. You'd think you'd realize it's not a compelling argument to most people at this point but we keep getting it
     
  25. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    I posted the definition. You guys are the one's going in circles about a topic that you clearly aren't interested or familiar with. And accusing another poster of losing their mind in the process. This is insane and entertaining.
     
  26. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    lol at winnings
     
  27. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    i've spent 10 hours on this i am an expert
     
    Fran Tarkenton and brolift like this.
  28. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
    Donor
    Oklahoma State CowboysTexas RangersDallas MavericksDallas CowboysNashville Predators

    Yeah you say the same thing over and over. You'd think you'd realize it's not a compelling argument to most people at this point but we keep getting it
     
    user15000 likes this.
  29. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    I’ve answered both of these questions explicitly, multiple times. Yet you keep asking, deflecting possibly but you’re being very obtuse rn
     
    user15000 likes this.
  30. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Wat
     
  31. danny2430

    danny2430 Well-Known Member
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsLiverpool

    Is anybody else on the edge of their seat to see how ugly it gets after Btc loses 20k and Eth loses 1k?
     
  32. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  33. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    You just don’t get it
     
  34. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville Jaguars2pacSneakersFormula 1

    1 out of 4? Jesus.
     
    wes tegg likes this.
  35. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    Eh. Caveat emptor. It’s a nascent market. At least we don’t socialize the losses, bailout the crooks/gamblers looking to freeroll.
     
  36. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville Jaguars2pacSneakersFormula 1

    Crazy to see multiple markets implode bc they didn't plan for market volititly when they deal with an extreme volatile asset. Feel bad for the people getting left holding the bag.
     
    Fran Tarkenton likes this.
  37. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville Jaguars2pacSneakersFormula 1

    Edit: I don't feel bad for the idiots putting their money into something giving 90% returns
     
    racer likes this.
  38. racer

    racer Yuma, where I work in software.
    Donor
    Iowa HawkeyesKansas City ChiefsLas Vegas Golden KnightsWatfordOlympicsFormula 1

    Lol the only thing that must suck worse than losing 70% of your crypto value is losing 100% of it because the other morons you trusted to help you be a moron just took all of your money and won’t ever give it back.
     
    #20792 racer, Jun 17, 2022
    Last edited: Jun 18, 2022
  39. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Dude it’s a store of value and a hedge against inflation I have done a thousand hours of research you obviously just don’t get it
     
    Hatfield, Yanks711, soulfly and 11 others like this.
  40. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Sounds like the three arrows capitals dudes used other peoples money for their first margin call before all their assets were liquidated

    oopsies
     
  41. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville Jaguars2pacSneakersFormula 1

    NGMI
     
    Hatfield and Gallant Knight like this.
  42. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    Do it, pussy.

     
  43. 941Gator

    941Gator TMB's resident beach bum
    Staff Donor
    Florida Gators

    Thoughts on this?
     
  44. Handcuffed

    Handcuffed A Succulent Chinese Meal
    Staff Donor
    Seattle MarinersOregon DucksPortland TimbersPortland Trail Blazers

    under 20k tonight

    Screen Shot 2022-06-18 at 1.08.10 AM.png
     
    Gallant Knight and mc415 like this.
  45. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    3 digit ETH ayeeeee
     
  46. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    MIM depgegging