Bitcoin....who's gotten into it?

[stalefish3169]

Well, crypto can formally count on the EU Central Bank as an adversary. I'm sure no decision makers listen to them.
https://gizmodo.com/european-central...nce-1849835418

Insert "This is good for bitcoin" here

"Blah blah blah Bitcoin bad. Rabble. Rabble"

Meanwhile, convicted criminal Christine Lagarde, "Trust us."

BTC gonna outlast the Euro.

[J. Barron DeJong]

"Blah blah blah Bitcoin bad. Rabble. Rabble"

Meanwhile, convicted criminal Christine Lagarde, "Trust us."

BTC gonna outlast the Euro.

So Lagarde referred a case to an arbitration panel?

[bennymac]

I don't think you understand how big the video game industry and crypto are going to be.

https://asia.nikkei.com/Editor-s-Pic...metaverse-fund

Remember the 5 D's of crypto cultspeak: dodge, duck, dip, dive and dodge.

What you are deliberately dodging is this gem of a quote - "lots of people in developing countries making good money playing video games" - and by standard cryptomaxi thinking if you don't think this is a good and sustainable idea you must therefore be all for keeping developing countries impoverished.

[hatchgreenchile]

"Blah blah blah Bitcoin bad. Rabble. Rabble"

Meanwhile, convicted criminal Christine Lagarde, "Trust us."

BTC gonna outlast the Euro.

Ad hom and whataboutism, right on cue.

RE: Video games. If you think micro transactions pisses off users, wait until you hear about NFTs. Not to mention that in a world of 4K TVs, supercharged consoles/PCs and AAA games with incredibly detailed and diverse worlds, these crypto games look like shit (hint hint, it's not about the gameplay, it's about the crypto)

[schuss]

This jong, Richard Garfield, created an obscure game called Magic: The Gathering or something like that. Maybe you guys have heard of it???

https://techcrunch.com/2022/11/29/ma.../?guccounter=1

[Probably nothing, Blue Benny]

He's spent the time since getting paid. Not sure if he's had much of a success since. Not to mention this is anecdata.
Like I said, you know jackshit about gaming and just want your magic lottery tickets to matter. It's why the Meta horizons stuff is shit - their motives are wholly unaligned with what would actually make things compelling to people.
For NFTs in gaming, you're actively asking major companies to spend more on dev to have less control over their game economy and capture less profit so their game costs more to operate with fewer human users that spend money.

[DBdude]

"Blah blah blah Bitcoin bad. Rabble. Rabble"

Meanwhile, convicted criminal Christine Lagarde, "Trust us."

BTC gonna outlast the Euro.

you are are fucking crazy

you deserve to loose all your money, not pass go, and no 200$

[stalefish3169]

https://twitter.com/andrewrsorkin/st...6GGfn1hsQ&s=19

Sent from my Pixel 6 Pro using Tapatalk

[bennymac]

Legendary

https://twitter.com/SBF_FTX/status/1...0BLTAsY3g&s=19

#legendary

[stalefish3169]

#legendary

"I've got information, maaaannn. New shit has come to light."

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[J. Barron DeJong]

"I've got information, maaaannn. New shit has come to light."

Sent from my Pixel 6 Pro using Tapatalk

Now extrapolate your past ignorance of SBF to the rest of crypto.

[dunfree]

Now extrapolate your past ignorance of SBF to the rest of crypto.

He’s pretty cool with scams on the way up?

[MultiVerse]

Crazy the son of two lawyers agreed to speak and answer questions like this.


LOL, he just said his lawyers told him not to do "this".

[stalefish3169]

Let's not forget I'm not Sam. Lol



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[JimmyCarter]

“Look, I’ve had a bad month”- SBF

[bennymac]

If you'd have given me a minute I coulda raised $8 billion and everything woulda been fine - can't believe people got so impatient

[JimmyCarter]

If you'd have given me a minute I coulda raised $8 billion and everything woulda been fine - can't believe people got so impatient

“I could’ve borrowed 8 billion, repaid my customers with it, and then paid the 8 billion back in FTT!”

[Vt-Freeheel]

“There was no person who was chiefly in charge of positional risk of customers on FTX and that feels pretty embarrassing retrospect.”

[MultiVerse]

He “didn’t ever try to commit fraud” and “wasn’t trying to commingle funds” belonging to FTX and to his customers.

On FTX's exposure to Alameda Research “Obviously that’s a pretty big oversight that I wasn’t more aware.”

[J. Barron DeJong]

[JimmyCarter]

“There was no person who was chiefly in charge of positional risk of customers on FTX and that feels pretty embarrassing retrospect.”

“I feel bad for those who get fucked by it…by this dumb game we woke westerners play where we say all the right shiboleths [sic] and so everyone likes us.”

[byates1]

[jono]

He's spent the time since getting paid. Not sure if he's had much of a success since. Not to mention this is anecdata.
Like I said, you know jackshit about gaming and just want your magic lottery tickets to matter. It's why the Meta horizons stuff is shit - their motives are wholly unaligned with what would actually make things compelling to people.
For NFTs in gaming, you're actively asking major companies to spend more on dev to have less control over their game economy and capture less profit so their game costs more to operate with fewer human users that spend money.

I used to work for an old friend of the Wizards of the Coast guys, who had lots of thoughts on their model (every third one was a regret--the houses on the coast were pretty nice). Garfield's almost-naive, altruistic protector of the game routine in that piece is hilarious! They were printing the Picachu cards. Protecting the goose that lays the addictive eggs wasn't an accident.

It's just slightly more hilarious that anyone thinks moving that model into crypto-adjacent gaming is bullish for crypto. It's bullish for bottom-up wealth transfer. Great model for that.

[schuss]

I used to work for an old friend of the Wizards of the Coast guys, who had lots of thoughts on their model (every third one was a regret--the houses on the coast were pretty nice). Garfield's almost-naive, altruistic protector of the game routine in that piece is hilarious! They were printing the Picachu cards. Protecting the goose that lays the addictive eggs wasn't an accident.

It's just slightly more hilarious that anyone thinks moving that model into crypto-adjacent gaming is bullish for crypto. It's bullish for bottom-up wealth transfer. Great model for that.

Also, games are generally closed economies with a strong tilt towards the "house". It's like arguing that user bought and managed slot machines are the future of casinos - no way you cede your primary profit driver to someone else with no vested stake in your company. Also, given current assets and pipelines, no reason to add the complexity and performance hot of crypto when in-house dbs and apis accomplish it faster and cheaper.

[J. Barron DeJong]

https://twitter.com/ben_mckenzie/sta...JGCxpKsLASONrA

[carpathian]

Ive been wondering what this guy has been up to.
Still talking in circles by the sound of it. I only made it to 8 minutes before my head exploded.

He is basically talking about all the money 'trapped' in real estate, bonds, gold etc and fantasizing about it all 'demonetizing' and transferring to Bitcoin. To me it almost sounds like he is lamenting his stake in BTC and lamenting the fact that these other vehicles to wealth exist.

I mean jeez, if there was no real estate market BTC would be worth SO MUCH!!