Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 1 year ago
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This post really isn't the usual faire of this community. Sorry about that. If there's a better place for me to put this, definitely feel free to point me there.

But, to the point of my post, before Bitcoin became a widespread cult, back when all Bitcoin was was a couple of posts on Slashdot, back when mining it was comparatively extremely easy/quick/"profitable", I mined some Bitcoin. About 1/20 of a Bitcoin. Just by, like, leaving my computer on for a month or so. And I still have access to it.

And Bitcoin ~~is worth~~ can be sold for $62,000 USD per bitcoin right now which makes my little 1/20 of a Bitcoin tradeable for about $3,100 of real money.

Now I know that blockchain is just straight up a scam. But I've still got this Bitcoin in a wallet on a hard drive in my posession. (I know, the wallet doesn't actually "contain" the Bitcoin. Leave me alone.)

The obvious thing to do with it would be to sell it now, but that would leave some poor chap(s) holding a $3,100 bag in a way that I wouldn't feel great about.

I could just sit on it forever. I suppose I could sell it and donate the proceeds to some cause I thought to be worthy or anti-crypto. If there were enough crypto-skeptics had cryptocurrencies and wanted cryptocurrency to die in a fire, they(/we?) could coordinate to use our collective cryptocurrency in a way that most damages the market and hopefully hastens a crash-to-zero. (But the likelihood that there'd be enough cryptocurrency in the hands of crypto-skeptics to pull that off seems low.) Or I could print out my private keys, delete them from my hard drive, and ceremonially burn the papers while chanting "web3 is going great".

And maybe this post is just me asking like-minded folks to give me permission to just sell it and leave someone holding a bag so I can buy myself a new OLED TV. Heh.

Whatever the case, I wanted to hear you folks' takes.

Edit: Thanks for the input, everyone. I'm gonna sell it.

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This season's showrunners are so lazy, just re-using the same old plots and antagonists.

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there is some strong copium in the article, combined with a total description of having a massive gambling addiction without, y’know, actually realising it’s an addiction

remarkable stuff

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submitted 6 months ago* (last edited 6 months ago) by o7___o7@awful.systems to c/buttcoin@awful.systems
 
 

(Found by way of @cstross@wandering.shop)

Tweet 1 - Oct 19, 2023:

I'm sorry but if you're paying $200k for a smart contract engineer you're ngmi

"no, the smart contract needs to be perfect and audited" bro hit $100k in daily volume then worry about it being perfect

Tweet 2 - Jun 5, 2024:

tldr; got $40k drained just now

i was submitting OP retro grants app. had to make github repo public for a sec. forgot i had my secret key in there (cuz i'm quite literally retarded, my IQ is 26). got drained of everything.

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by Amy Castor and David Gerard

In this episode:

  • Ethereum front-runners get front-run

  • Coinbase looks to play CeFi games (and re-enact 2022)

  • Uniswap refutes SEC accusations by detailing why they're true

  • Telegram's TON adds Tether

  • Custodia Bank is still trying again, and we seem to be the only people in crypto to notice that Lummis' stablecoin bill is a loophole written for Custodia

  • Money laundering, Binance, FTX, Craig Wright and all sorts of other fun.

We also have a life-sized cardboard cutout Sam Bankman-Fried, for all your many, many life-sized cardboard cutout Sam Bankman-Fried needs.

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I’m very aware of what the average retail investor has been saying about the need for greater transparency in our markets, stronger regulatory oversight and tougher penalties for market manipulation and criminal behavior. My administration will support the Ape retail rebellion and enact aggressive Wall Street reforms.

To match action with words, I just invested $24,000 in GameStop from the fees I earned from suing Monsanto for their knowingly poisoning our soil and causing cancer. I love the idea of making Monsanto support $GME and the Apes. We need a free and fair market. Let’s punish predatory short selling to the moon. By the way, I ride with you and I’m not leaving.

#ApesNotLeaving #ApesTogetherStrong #GME #AMC

there's a picture too

how cooked do you have to be to understand any of these words

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