Cryptocurrency (and related fuckery)

Evil but clever?

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“Peter Thiel is arguing that there is a plot by billionaires Warren Buffett, Jamie Dimon, and Larry Fink to oppress a market tradable item—Bitcoin—and because of their wealth, these men are able to so successfully manipulate the market that they are blocking the advancement of an entirely new form of currency.

We need to look at his claim:

Thiel accused the trio of using investing practices focused on environmental, social and governance goals as a “hate factory” to undermine Bitcoin and other businesses.“

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Peter thiel sucks.

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… every accusation a confession?

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Finally, an honest headline about crypto.

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Across the hall, a woman with overlined lips and bleach blond hair was selling a concept called “CommuniSea,” in which members purchase shares in a luxury megayacht with on-board chefs and private trainers. Each “share” gave members a certain number of points, which translated to a certain number of nights on the yacht—all for the low starting price of $395,000 a year.
“So it’s like a timeshare,” I said to the woman.
“No, no, no,” she assured me. “It’s like an NFT.”

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“We’re a cult” is refreshing honesty but I’m not sure it was worth hearing the words “Bitcoin panties”.

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An NFTimeshare then?

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next generation of “pay to win”?

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Grate spelling two!

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Saying the quiet part loud again…

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Who would have thought that such a solid investment could go sour?

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Oh boy! I hope it’s as good as the Emoji Movie!

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Requiescat in pace, what-will-they-make-next jokes. I’m afraid we have now reached the point where there is nothing hyperbolic left to point to.

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I know. Even I have replaced my BAYC (right clicked at random, no idea what it was) avatar with this:


Bored apes are so last year. It’s robot dog dictators all the way now for me.

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Yep. That’s a 99.991% decline in value! Impressive.

Also, hopefully soon we can all stop talking/thinking about NFTs entirely:

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I think you misspelled “still more than it’s worth”

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A fun discussion of the horrors to be found at the Miami Bitcoin 2022 convention

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