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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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dgerard@awful.systems

Stubsack: weekly thread for sneers not worth an entire post, week ending Sunday 24 March 2024 (awful.systems)

submitted 9 months ago* (last edited 9 months ago) by dgerard@awful.systems to c/techtakes@awful.systems

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Feel like you want to sneer about something but you don't quite have a snappy post in you? Go forth and be mid!

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut'n'paste it into its own post, there’s no quota here and the bar really isn't that high

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)
Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

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[–] mii@awful.systems 9 points 9 months ago* (last edited 9 months ago) (1 children)

Just when I thought that Bitcoin could not possibly become any more stupid, I saw this on Reddit.

https://www.msn.com/en-us/money/markets/the-bitcoin-halving-really-is-different-this-time/ar-BB1kb6o5

The halving will occur at block height 840,000 (a count of how many blocks have been hashed to the blockchain), and already people are predicting that will be the most valuable block to be mined to date. This is related to the point above: Ordinals works by assigning serial numbers to individual satoshis (or sats, the smallest denomination of BTC), which turns a fungible asset like bitcoin into something with provenance, identity and scarcity.

Tristan, the founder of Ordiscan.com, which tracks Ordinals projects, predicts that collectors of these “rare sats” could value the data in block 840,000 at $50 million dollars. Under the “Rodarmor Rarity” system, which assigns value to Bitcoin protocol events like difficulty adjustments and halvings, the first satoshi in the block alone could be worth upwards of $1 million, he wrote in a blog post.

They're turning ~~Bitcoins~~ satoshis into NFTs. And if you thought spending money on links to monkey jpegs was stupid, how about buying a random-ass hash?

[–] skillissuer@discuss.tchncs.de 6 points 9 months ago

i wasn't really a sneerclubber before, but i did hang out in r/buttcoin. i remember that this was briefly an alleged thing among cryptobros few months ago, with side effect of making seleccion of bitcoin maxis very angry, and somehow making tx even slower and more expensive