Tag: Bitcoin
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Krazy Krauts and Krazy Brits
All of Europe is krazy, not just the Krauts. A newly worked natural gas deposit in Britain will serve ENTIRELY to power a bitcoin thingamajig, creating nothing but fraud and suffering. Via UK Telegraph. = = = = = START KRAZY KUOTE: A giant new natural gas field in Yorkshire is to be exploited for…
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Interesting argument
Keeping up with this topic because I got obsessed with it earlier. I don’t have enough spare energy or time at the moment to dig in again. Carreyrou has identified Adam Back as Satoshi. I’m inclined to listen to Carreyrou because his story about Elizabeth Holmes rang true. For me this particular ident doesn’t ring…
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Tab-ulation
This item was spawned by thinking about Tabs, Tabulations and Tables. I’m leading toward a specific point, but first need to spit out some Graphic Juice that I’ve been holding during this long unimaginative ADA work. = = = = = For several months I’ve been making and testing courseware blind-style, using only the keyboard.…
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What’s the real diff?
Via NiemanLab, this is a good piece of reporting on a sneaky and obscure part of the tech world. A company called Clickout Media is acquiring many of the sites that write about videogaming. After it acquires a site, Clickout turns it into a front for bitcoin and gambling. Clickout’s specialty has a revealing name:…
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What did you expect?
Via Protos: Binance, one of the leading counterfeiters, did something in October that changed the fake value of its fake “money”. Now the people who bought large amounts of this particular counterfeit brand are suing Binance for …. For what? For being more counterfeit than you expected? Fakery is the OPENLY DECLARED ADVANTAGE of bitcoin.…
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China is helping more
Via Protos, China is rooting out and executing fraudsters and mafia leaders. They’ve closed down several ‘pig-butchering’ factories operating in China and nearby countries, especially Burma. Before Mao the Chinese government was sometimes operated BY the tongs and mafias, but the post-1980 version is hardass. The US government has mostly been operated BY the gamblers,…
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Swindlers vs salesmen
First input, unquestionably true: Social media is THE OPPOSITE OF AN ECHO CHAMBER. Algorithms are designed with GREAT PRECISION to give you what you hate, not what you want. After you’ve seen an item, sometimes you think about it and want to go back and look again. YOU CAN’T GET THERE. The algorithm knows that…
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Supersuckers as fucking usual
Via Protos: = = = = = Crypto exchanges Kraken, Crypto.com, and BitMEX, alongside a raft of DECENTRALIZED crypto industry websites, have been impacted by Tuesday’s widespread Cloudflare outage that caused swathes of the internet to grind to a halt. = = = = = DO YOU EVEN KNOW WHAT YOU’RE SAYING? A money-handling business…
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Good for Delaware!
Via RealClear: The major bitcoin fraudster Coinbase played the usual corporate trick of incorporating in Delaware because Delaware has rigged its laws to favor tax evaders and fraudsters. Amazingly, Delaware has finally lost its patience with the worst criminals. WSJ has an “editorial” written by Coinbase’s head criminal. His words in bold followed by interlinear…
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SubSPAC
SPACs are money-laundering devices for new entries in the stock crime index. The sole purpose of a SPAC is to evade the few remaining regulations on initial offerings of crime shares. When a fake company wants to enter the NASDAQ Murder Index but knows it’s too blatantly bankrupt to get past the weak rules, it…
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Start with quality.
Last week I wrote up a contest between the first coast-to-coast airmail flight and a group of Essex cars. The cars won. Hudson touted the event in a 1922 pamphlet which omits the airmail comparison entirely. By this account the project was originated by the Post Office in an attempt to widen the range of…
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Ponzi is a fake argument
Too many arguments sink into irrelevance when one side insists A is a Ponzi scheme and the other side says it isn’t. Bitcoin and Social Security are both called Ponzi at times. The definition of Ponzi is much more nuanced and fuzzy than we usually think. Intention is important. Two classic examples show the real…
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The Metal-typer
Third of three old coin-op machines. Setting the scene again: The metal-typer is another old coin-op I used a few times. Back around 1960 I used one of these to make a medallion while waiting in the Topeka train station. I kept the medallion for a long time but don’t remember what I engraved on…
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Machiavelli works
While I’m doing poll type stuff, here’s an unsurprising but worthy Gallup poll. Who owns bitcoin and related frauds? Men. More specifically, wealthy “conservative” men from 18 to 50. About 25% in this group own fraud, and 37% of all men. Only 17% of all women own fraud. Partisan advertising works for frauds like politics…
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What good is writing?
If you aren’t writing you aren’t thinking. Variations on this theme, allegedly quoted from the usual suspects, are common in substack and other literary places. It doesn’t make a lick of sense. Humans were thinking in constructive ways LONG before writing was established. They were thinking well enough to selectively breed plants and livestock, to…
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