Beanie Babies are real and generally increase in value.
bitofhope
joined 2 years ago
You probably felt really smart when wrtiting that comment, and that's totally normal and valid. Everyone has lapses in reading comprehension sometimes.
In a way every bubble economy is already a meta-bubble in that they don't just aim to generate hype about tulips, but also to generate hype about hype about tulips.
And like @YourNetworkIsHaunted pointed out, it's a pretty good description of private equity in general. More abstractly, every stock market crash is a consequence of some first-order bubble winning the meta-bubble race.
Works as a flex I guess. Does this government agency budget statement really include a multi-million dollar line for "arming fascist death squads to destabilize countries most of us couldn't find on a map"? Why yes it does, what are you going to do about it!
Hello from Radio Yerevan. Our listeners ask if it's true that America is standing on the edge of a precipice. We are happy to report that not only is that the case, but the USSR is once again one step ahead of them!
That's about 800 characters, though. X the everything app has helpfully made it easier to ignore bluechecks by allowing them to make their posts tl;dr and saving me the trouble of accidentally reading them.
Yep, agencies do track blood money on the chains and place sanctions accordingly. It's just a little more complicated than checking "was this specific coin used in one of these crimes" and laundering is still possible through a rogue exchange or P2P/sneakernet transactions to parties that don't care about the sanctions.
Bitcoins aren't really discrete individual units like that. Imagine you send me 0.1 bitcoin and my mom sends me 0.1 bitcoin and I then send 0.1 bitcoin to Alice (ignore transaction fees and such). It's not really a meaningful question whether the sum Alice received was the fraction of a "coin" I received from you, from my mom or some specific mixture of both. The blockchain just records increases and decreases of a wallet's balance.
Bitcoin is also unserious and unstable to a degree that woukd be comical if it weren't tragic.
It's incredibly subtle but if you take the first letter of each word in "Department Of Government Efficiency" you get DOGE, which is also the abbreviation of a popular memecoin Musk has shilled before. What a fascinating coin-cidence!
Perhaps they should have called it the Bastard Asshole Youth Criminals. Headed by the world's oldest child prodigy.
Not at all innocent, no. But I'd rather see the exchanges suffer than the small fry retail speculators (though I can still laugh at them).
Okay ~~dadd~~professor. Most of us were agreeing that Trump admin trading gold reserves for cryptocoins is a stupid idea. This seems to have attracted people who agreed for the incorrect reason, namely that they think inert yellow metal is the fundamental source and measure of wealth, which David called out. After that it could be one of three things:
a) You misunderstood what David wrote and rudely insinuated he is unfamiliar with the concept of speculative investment.
b) You correctly understood what David wrote and — being a goldbug yourself — took issue with it and proceeded to make the aforementioned rude insinuation.
c) You're flirting with me a bit too aggressively and it's activating my brat instincts, professor~