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Thread: Bitcoins are officially donkdown

  1. #7961
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Sanlmar View Post
    You clearly did not listen to SBF’s depiction of yield farming. I can not imagine what you would find more entertaining. You’ve changed.

    Maybe I have too as a poster. Understand it’s a dispassionate take on our population and the state of government. At no point do I indicate a preference. I think Tulsi is hot and compassionate but I fantasize about many things. She is irrelevant

    i just dont care about crypto or anything adjacent to it. i dont give a shit about the first robots to fuck on the surface of jupiter either. will it happen? oh absolutely, eventually the day will come when 2 robots are going to land on jupiter and fuck and create more robots and its going to be this species-wide hugest deal ever and everyone is going to high five in their holodecks and etc etc but its so far away that its just irrelevant to me on every level.

    thats how i feel about crypto / yield / nfts / blockchain / whatever.

    sam has a hobby and billions of dollars, nothing he has ever done has ever surprised me except for the time he got exasperated with some tiktok influencer and just walked away from him mid-video.

    sir i literally watch fly fishing videos. i price blue water sailboats. tonight i had thai food. these are the things that move me, these are living moments.

    sam... tulsi... trump struggling to pronounce 'yesterday'... bidens covid...

     
    miss
     
    me
     
    with
     
    that
     
    shit.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  2. #7962
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  3. #7963
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    Quote Originally Posted by Sanlmar View Post
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  4. #7964
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    Quote Originally Posted by Sanlmar View Post
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    Hello darkness my old friend



    Kathie Wood and Coinbase - a caricature of an era

  5. #7965
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  6. #7966
    Plutonium Sanlmar's Avatar
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    You see Coinbase after hours? I was about to mock Cathy Wood - I think COIN ran up 80% after her sale. She just fucked Coinbase up from beginning to end but what a shit show

    Make sure to read the news ‘tine


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  7. #7967
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    Quote Originally Posted by Sanlmar View Post
    You see Coinbase after hours? I was about to mock Cathy Wood - I think COIN ran up 80% after her sale. She just fucked Coinbase up from beginning to end but what a shit show

    Make sure to read the news ‘tine


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    https://twitter.com/HsakaTrades/status/1557148895830065152
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  8. #7968
    Plutonium Sanlmar's Avatar
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    Oh, I forgot

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  9. #7969
    Plutonium Sanlmar's Avatar
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    Coinbase has $7b cash

    That’s the best part. It’s fiat. Thank god, amirite?


  10. #7970
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  11. #7971
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #7972
    Plutonium Sanlmar's Avatar
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    “They mistook leverage for genius”
    -Steve Eisman

  13. #7973
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #7974
    Plutonium Sanlmar's Avatar
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    Bitcoin slips below $20,000 following Powell’s hawkish remarks

    Do you know appreciate the irony of this MarketWatch headline considering the premise of Bitcoin?

    Gosh I hope the Fed will someday backstop btc.

  15. #7975
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    Quote Originally Posted by Sanlmar View Post
    Bitcoin slips below $20,000 following Powell’s hawkish remarks

    Do you know appreciate the irony of this MarketWatch headline considering the premise of Bitcoin?

    Gosh I hope the Fed will someday backstop btc.

    sorry busy thinking about how theres no circuit breaker on btc.


    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  16. #7976
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Sanlmar View Post
    @Daly

    CBDC in 10 years?

    Give the other side a sporting chance and offer 5.

    Recall I am/was basically a luddite when it came to digital currency. I do know which way the wind blows, however. Not gonna be good.
    The financial system can’t build the rails fast enough for a 5 year rollout. The fed can build the train in a year.
    I never understood “the financial system can’t build the rails fast enough”. CBDC is a government backed digital currency. The days of private banks issuing gold backed notes disappeared in the 1890’s or something.

    But that’s when settlements between banks started. Which brings us to FedNow

    FedNow - the Federal Reserve Payments Pilot starts July 2023. This is of course, just the infrastructure for the coming CBDC. The Fed are fucking idiots but are self aware and they are wisely taking baby steps. How they fuck up is the parlor game.

    Federal Reserve Payments Pilot Incorporates Ripple Partner Volante Technologies.
    https://beincrypto.com/federal-reser...-technologies/
    Now this is interesting. The Fed was always - from wayyyy back very stern with XRP. It does jive with our previous conversations tho. I think it was you.

    Anyway. CBDC is coming fast.

    Now you should care about the effect this will have on commercial banking. Accounts will be held directly with the Fed. Me? I’m livid about the privacy issue. You can’t stop the train though.

    Wanna take a guess how you get everyone to establish their new account with the Fed? That’s right. Trump mails them a check. Oops, Trump deposits the digital funds in your account. Something like that. Let your imagination roam free grasshopper.

    https://www.federalreserve.gov/newse...r20220829a.htm

    Regardless, any difference you and I had about when the rollout would start I think is now concluded.

    Will there be red lighting and marines at the grand opening?
    Last edited by Sanlmar; 09-06-2022 at 09:24 AM.

  17. #7977
    Plutonium Sanlmar's Avatar
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    I’m still getting up to speed. I made an errant leap from “partnering with Volante” to Ripple backbone. Forget Ripple…. everybody else has

    Decades when nothing happens and days when decades happen or something like that.

    Amazing times we live in. Not good. Amazing

  18. #7978
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  19. #7979
    Platinum Baron Von Strucker's Avatar
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    saw this today...


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    all hail Hydra



    Originally Posted by DanDruff:Since I'm a 6'2" Republican with an average-sized nose and a last name which doesn't end with "stein", "man", or "berg", I can hide among the goyim and remain undetected unless I open my mouth about money matters.

  20. #7980
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

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