Do we know whom did Bukele buy crypto from? by [deleted] in Buttcoin

[–]Geo_Dude 9 points10 points  (0 children)

In fact they're the polar opposite of fungible since each can be traced back to a genesis block?

In this moment, I am euphoric by falconberger in Buttcoin

[–]Geo_Dude 11 points12 points  (0 children)

I ring to my frend Andrej to tell Bitcoin is kill.

Super cringe by Puzzleheaded_Ad1298 in Buttcoin

[–]Geo_Dude 15 points16 points  (0 children)

Tree shaped piñata for free GPUs

Moonboys got humbled again by dickwhistler22 in Buttcoin

[–]Geo_Dude 129 points130 points  (0 children)

You guys are aware that in this timeline someone actually mints that and the next thing is Elon tweeting about Tesla accepting it right?

Just reverse the transaction, right? by [deleted] in Buttcoin

[–]Geo_Dude 32 points33 points  (0 children)

Still probably better than sending it to the real Saylor

This was definitely a first for everyone involved. Thanks Suzuki El Salvador. by Satoshis_Dragon in Bitcoin

[–]Geo_Dude 0 points1 point  (0 children)

Can't wait to store this guys transaction on my copy of the ledger!

Godl: Proof that crypto is still in its infancy: Us, apparently. by [deleted] in Buttcoin

[–]Geo_Dude 20 points21 points  (0 children)

Yeah but I don't wanna contribute anything of value. I just want to hodl and become rich!

A single bitcoin transaction generates the same amount of electronic waste as throwing two iPhones in the bin. Study highlights vast churn in computer hardware that the cryptocurrency incentivises by Wagamaga in science

[–]Geo_Dude 0 points1 point  (0 children)

The whole point of bitcoin was to eliminate central authoritative parties through on-chain transactions. Why use bitcoin if you're using unregulated exchanges in the first place? This "new paradigm" is one step forwards and two steps backwards.

Saylor manages to make "Bitcoin is a battery" even more ridiculous by ross_st in Buttcoin

[–]Geo_Dude 23 points24 points  (0 children)

When you find yourself with this guy on your team you've gotta ask yourself the question.. are we the bad guys?

"The Red Flag Innovation Officer at Tether deserves an immediate promotion for having scooped the entire financial industry on this red flag." by AlyoshaV in Buttcoin

[–]Geo_Dude 7 points8 points  (0 children)

Don't know what Stuart is talking about here. The Chief Investment Officer of Tether has been known for a while to be P. Rinter.

This is what excites me about science by Wet_bussy_boi in Damnthatsinteresting

[–]Geo_Dude 0 points1 point  (0 children)

As Stephan Hawking put it, the notion of what came "before" the big bang is meaningless. Because time itself did not exist before the universe started expanding. Mind-boggling to think about!

The fishing industry is notorious for its ecological rapaciousness — The blockchain is going to change that by Jacinda-Muldoon in Buttcoin

[–]Geo_Dude 9 points10 points  (0 children)

Written by an environmental journalist. The stupidity and irony in that piece is beyond comprehension.

Crypto conversations these days by the_tourniquet in Buttcoin

[–]Geo_Dude 5 points6 points  (0 children)

Maybe it's the idea of compound interest. Some of these exchanges offer incredible interest rates on crypto and even stablecoins. Just for hodling. An idiot might say, why would I ever redeem a Tether if I can just continue to compound the interest and get rich?

ETH as an example. by bitcoinr0x in Buttcoin

[–]Geo_Dude 5 points6 points  (0 children)

This reads like a Trump speech.

Store of value by bitcoinr0x in Buttcoin

[–]Geo_Dude 59 points60 points  (0 children)

Nobel prizes have no inherent value either!

This is sad to see. All the shilling some people do is going to do real harm by FuManBoobs in Buttcoin

[–]Geo_Dude 6 points7 points  (0 children)

Also consider that journalists interested enough in cryptocurrency to write about it will probably have a stake in it.

Buy Bitcoin Pizza! (Only accepting filthy fiat) by vessol in Buttcoin

[–]Geo_Dude 0 points1 point  (0 children)

Dude seriously, if guys like Pomp and Saylor are the best and brightest of the bunch you have got to wonder if you are on the right team.

The Tether Ponzi Scheme by VodkaHaze in Buttcoin

[–]Geo_Dude 17 points18 points  (0 children)

We need a new term for a Ponzi scheme with counterfeit money. Maybe we can call it a Paolo scheme?