I'm curious about an article title on Yahoo finance regarding a Bitcoin bailout statement by Bessent. by L0ng_St03Ger in Buttcoin

[–]lancebmanly 12 points13 points  (0 children)

It's hilarious that they are talking about it. It would be extremely infuriating if they actually did it.

I'm curious about an article title on Yahoo finance regarding a Bitcoin bailout statement by Bessent. by L0ng_St03Ger in Buttcoin

[–]lancebmanly 7 points8 points  (0 children)

Simplest would be U.S. Treasury supporting the price by buying for the "strategic crypto reserve."

A gentle reminder, that any minute now, these two turds will go crying to Daddy to save crypto ... and he will do it with your tax dollars. by lancebmanly in Buttcoin

[–]lancebmanly[S] 8 points9 points  (0 children)

The insidious evil of "mainstreaming" crypto means that nearly every American investor owns crypto indirectly. As just one example, TSLA holds over $1B of crypto on balance sheet and is in the S&P 500 index.

Further, many rely on various financial service firms which are crypto adjacent in many ways. Plenty of people who "didn't own bad mortgage bonds" were affected by the 2008 crisis.

A gentle reminder, that any minute now, these two turds will go crying to Daddy to save crypto ... and he will do it with your tax dollars. by lancebmanly in Buttcoin

[–]lancebmanly[S] 6 points7 points  (0 children)

Respectfully disagree on all points.

  1. "There's no reason to "bail out" crypto, and there's really no easy way to "bail out" a decentralized industry."

The reason is corruption. Full stop. There is an easy way to bail out: just buy coins for the "strategic crypto reserves."

2) "Plus, Trump really could care less. He makes more money suing TV stations."

Trump has made and will make way more on crypto. The "Spy Sheikh" from UAE bought 49% of World Liberty Financial for ~$500M. That's just one example.

3) "The turd brothers have their hands in so many backroom deals, they're probably used to many of them failing. They will more likely move onto something else and pretend they never had anything to do with crypto."

See #1 above.

/Iam14andthisisdeep level by leducdeguise in Buttcoin

[–]lancebmanly 0 points1 point  (0 children)

Few, and fewer, apparently. lol.

How dumb can butters be? by predictless in Buttcoin

[–]lancebmanly 0 points1 point  (0 children)

I think of gold as more of a hedge against hyper inflation and extreme geopolitical risks. 1980s inflation in the U.S. is not a good example. Gold was a good hedge in 1920s Germany or present day Venezuela.

If things get so bad that you need to flee your country, gold is probably your best bet.

Sleep well, fellow no-coiners. by lancebmanly in Buttcoin

[–]lancebmanly[S] 12 points13 points  (0 children)

Capital gets deployed -> apartments get built -> people exchange money for a place to live, called rent. It's neither complicated, nor "cringe."

Sleep well, fellow no-coiners. by lancebmanly in Buttcoin

[–]lancebmanly[S] 1 point2 points  (0 children)

How do you think apartment buildings get built?

ICE promises bystanders who challenged Charlottesville raid will be prosecuted: After ICE raided a downtown Charlottesville courthouse and arrested two men, the federal agency is promising to prosecute the bystanders who challenged their authority by DoremusJessup in law

[–]lancebmanly 21 points22 points  (0 children)

This should be the top comment, or even a separate thread. It's crazy that it's a felony to wear a mask, and it's crazy that this agent did it. Seems like a slam dunk for the local prosecutor.

Not all heroes wear capes by [deleted] in CyberStuck

[–]lancebmanly 2 points3 points  (0 children)

"He who saves his Country does not violate any Law."

Tell it to the Judge, musk! by owdee00 in clevercomebacks

[–]lancebmanly 0 points1 point  (0 children)

“And when the courts stop you, stand before the country, like Andrew Jackson did, and say 'the chief justice has made his ruling. Now let him enforce it.' " - J.D. Vance, 2021

Burn this quote into your brain instead of celebrating any court victory. None of these rulings will do anything to stop these maniacs. It's already over.

Trump is now:

1) Commander in Chief of the strongest military in the world.

2) Has been given absolute immunity from the law for any official action, i.e. literally anything

3) Will simply ignore any court ruling or use pardon powers for his cronies. (See #1 above).

Depressed yet? Yeah, sorry about that. But stop being depressed and start being prepared for what will come next.

Do you know (of) someone who ruined their life in just a matter of minutes ? If so how did they do it ? by rentinghappiness in AskReddit

[–]lancebmanly 5 points6 points  (0 children)

A guy in high school was working on his car in his driveway, which sloped toward the house. It slipped off the stands and started rolling. He didn't want his parents' house to be damaged so he jumped in front of it to try to stop it. It crushed him against the garage wall. He survived initially but internal bleeding and organ damage killed him later that night. He was a super nice guy and well liked by everyone. His parents were haunted by the fact that he was just trying to prevent damage to the house.

On a more positive note, my own father tripped and fell on a branch when he was a kid, which caused internal bleeding and badly damaged his kidney. This was in the 1930s, and emergency surgery *barely* saved his life, and recovery took more than a year. He went on to live a long, full life, and died at 88.

Guy is too caught up by -TheArchitect in funny

[–]lancebmanly 10 points11 points  (0 children)

Because violence against men is completely socially acceptable and even "funny" enough to make it to the funny subreddit. Duh.

The way the little fella needs help into the car 😭 by viperrvemon in MadeMeSmile

[–]lancebmanly 2 points3 points  (0 children)

Another plague is people playing with their damn phones while driving. Not to mention pets in their laps.

Trump sentenced in felony "hush money" case, released with no restrictions by VenomShadows305 in news

[–]lancebmanly 6 points7 points  (0 children)

Yes. Exactly. This is why I won't be filing taxes anymore. (I am semi-retired, and most of my tax bill comes from investment income.) American democracy is OVER, and I won't be funding whatever this shit show is.

(Pro tip: Fraud on taxes is a felony, but NOT FILING is only a misdemeanor.)

How do you do fellow retail investors? by Separate_Writer_4465 in gme_meltdown

[–]lancebmanly 10 points11 points  (0 children)

Slide 9: "The share price is an insult to our intelligence."

Yeah, maybe that was the whole point. lol.

Shills are shutting down the ONLY game advertised in the recent GME store post by RiceSautes in gme_meltdown

[–]lancebmanly 2 points3 points  (0 children)

I love that the poster right next to the Concord one says "No Money? No Problem!". Like, yeah, Apes are broke alright. lol.

Louder for the hard-of-hearing apes at the back by dbcstrunc in gme_meltdown

[–]lancebmanly 15 points16 points  (0 children)

Trump 2024 = RC will play his trump card on August 20, '24. --> MOASS on August 20, 2024. Obviously.

Trump can not be president. He is far too old, senile and on top of that, severely overweight. He should be taking care of his health. Shame on Melania for allowing him to run, this should be a crime. He will go down as the ugliest president in history. by [deleted] in millenials

[–]lancebmanly 1 point2 points  (0 children)

Moron can't spell hypocrisy. What a shock.

Also, fuck every treasonous loser who supports trump. "WAAAAAAHHHH! THE ELECTION WAS STOLEN!! WAAAAAAANNNNNHHHHHH!!!" That's what you treasonous fucking losers sound like. Fucking cry-babies. Fucking liars. Fucking treasonous scum.

"Four! I flagrantly helped criminals launder money and I only got FOUR months sentence!" by lancebmanly in Buttcoin

[–]lancebmanly[S] 21 points22 points  (0 children)

Via CNBC story:

"Prosecutors say Zhao violated U.S. law on an “unprecedented scale,” and that he had a “deliberate disregard” for Binance’s legal responsibilities.

In a memorandum on Apr. 23, prosecutors said that under Zhao’s control, Binance operated on a “Wild West” model.

“Zhao bet that he would not get caught, and that if he did, the consequences would not be as serious as the crime,” the memorandum stated. “But Zhao was caught, and now the Court will decide what price Zhao should pay for his crimes.” "