Tag: Sucker Filter
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Leave the gangstering to gangsters.
Via Daily Mail. Aiden Pleterski, a Canadian bitcoin swindler, supposedly made the mistake of swindling the wrong people who then supposedly kidnapped and tortured him. This part of the story might be real but sounds more like a publicity stunt. Unsupposedly he was running an especially stupid Ponzi. He didn’t bother to pay back the…
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Reverting to the meanest
Trump is taking the Sucker Filter to new depths. Previously he was selecting dissatisfied working men and making them look horrible. Now he has gone back to his NYC Mafia and Roy Cohn roots. His rhetoric is designed to appeal to the most vicious criminals and blackmailers and gangsters. Normal discontented people recoil in utter…
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Usually puzzled
When I’m puzzled by motives, I generally assume there’s a hidden purpose, and assume that stupid-looking moves are distractions. With the moves of Craig Wright, I have to reach a simpler conclusion. He’s just dumb. He’s a suer. He enjoys suing. We already know from many angles and many stories that Wright doesn’t understand software…
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Multi-factor Sucker Filter
Double-locked doors are an old technique. Multi-factor identification is an electronic version, doubling the certainty that the entrant is authorized. Clever scammers have developed a multi-factor Sucker Filter. A UK court has branded a dark web site advertising bitcoin-for-hire hitmen an “absolute sham” and “palpable nonsense” after a woman, who allegedly tried to have a…
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EVs returning to sanity?
EV hype began well before the free money era of QE. It came along with the coal movement (usually called the “environmental” movement for some reason.) Coalists have been pushing EVs since the ’70s. The EV hype didn’t really take off until Elon masculinized the EV, first with outright Lambo-type sports cars, then with fast…
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Sharp distinction
Sharp observation from Matt Levine at Bloomberg. It’s hard to feel bad for bitcoin “victims”. Semiquoting: 1. Bitcoin requires a tremendous amount of knowledge and familiarity to make any transactions at all. 2. After you’re thoroughly immersed in the reddits and discords and systems needed to understand just one transaction, you ALSO see constant reports…
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Aqua regia
Tablet mag has an interview with Edward Luttwak, a classic galaxy-brain bully. He’s a HARDASS realist about everything from politics to fighting to smoking. And he firmly believes in bitcoin. Yes, my son has made me a believer in the almighty blockchain. It creates an irrevocable past. A tweet is a blockchain of statements. Before…
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More idiotic fake surprise
FBI is pretending to be “concerned” about Chinese secret police offices in NYC and elsewhere. These offices keep track of Chinese nationals living here, and use blackmail to keep them under control. Jesus. This has been going on since 1949. Mao’s revolution mobilized Chinese ‘social centers’ in NYC and SF to blackmail Chinese nationals. If…
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Exception to the delta rule
Following on previous and especially pivoting from the discussion of money as DELTA of value. Whether we’re talking about a clock mainspring or a storage battery or a capacitor or a dam or a grain elevator or a bank account, we are always storing a DELTA produced by work. The work comes in many forms.…
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Checking the source
In animating old tech, I always try to find the original patent or the earliest version. I decided to look at the (supposedly) original code for blockchain to see what’s really there, and to check if I was making any bad assumptions. In fact I have been making two bad assumptions. (1) I was assuming…
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Fish in a barrel
Continuing from here. Zuck is pushing the envelope of hi-tech with new advances that nobody has ever thought of before! Via UploadVR, a tech-optimist puffery website: Meta Horizon Workrooms is the product name for the beta software on Quest 2 and Quest Pro that’s a cornerstone of the company’s approach to changing the way people…
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Bimetallism cubed
Screencap from an ad in one of the Reddit bitcoin zones: Finance is failing and DeFi can fix it. But not yet. Right now the tools for DeFi are not sufficient to allow devs to build secure apps etc. This is what happens when a cult of inexperienced THEORY MEMORIZERS are led around by galaxy-brain…
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It’s not new (of course)
For chuckles and chortles I’ve been reading the two opposing subfolders about bitcoin at Reddit. The Bitcoin folder is full of true believers, and the Buttcoin folder is laughing at the true believers. Non-barking: After a while I realized that one HUGE element is missing in these discussions among insiders. Outsiders like David Gerard on…
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Sucker gene
Thinking yet again of the totally useless blockchain crap. Every one of these “innovations” is a wildly overcomplicated way of doing a task that is already working just fine. I’ve observed for a long time that complicators and simplifiers are disjunct personality types. I’m a pure simplifier, and I have trouble understanding the motives of…
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Can’t make it up
Now that NFTs have resumed their natural and accurate value of precisely zero, the true believers still need a liturgy. So a clever priest has developed a ‘fantasy football’ league where you can pretend to trade the things that you formerly believed you were trading. Via Web3IsGoingGreat: Non-fungible token (NFT) traders who’ve lost real money…