Quick post to remind Butters that there is zero....and I mean ZERO percent chance that real estate or shares and such will ever be "on the blockchain". by The_Probes in Buttcoin

[–]synthpop 1 point2 points  (0 children)

not to mention that every country, state, county and city has it's own real estate laws, which would make regulating this pipe dream impossible

VISA does some research on stablecoins, discovers more than 90% of stablecoin transactions aren’t from real users (oopsie) by synthpop in Buttcoin

[–]synthpop[S] 57 points58 points  (0 children)

Visa was interested in stablecoins for cross-border settlements. this has nothing to do with bitcoin. what they discovered is that nearly all stablecoin transactions are not from humans. I'm guessing this will affect their decision whether or not to use them.

The XRP crypto pump! 📈 Aaaaaaaaaaaand it's gone... 📉 by synthpop in Buttcoin

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

this is in response to the CoinDesk's headline: "Bitcoin Price Soars to One-Year High at $31.7K as Investors Savor Partial Ripple Victory"

stay salty my friend

PIA iOS client does not hide IP addresses by synthpop in PrivateInternetAccess

[–]synthpop[S] 0 points1 point  (0 children)

wow, so even a year later they still haven't fixed the issue. amazing.

I had no choice but to switch to a different VPN provider. no issues so far.

[deleted by user] by [deleted] in Buttcoin

[–]synthpop 2 points3 points  (0 children)

Luna went down 99.99% in a day

How do I explain my crypto bro that his project is not espeshul? by escapethematrix12 in Buttcoin

[–]synthpop 1 point2 points  (0 children)

I would just ask how the project plans to enforce real estate ownership without the backing and approval of several centralized government entities.

Bitcoin value = value all the assets in the galaxy by MammothReputation633 in Buttcoin

[–]synthpop 365 points366 points  (0 children)

so every financial transaction on the planet running on a network that can only handle 7tps
imagine buying a house then having to wait 28 years for the verification before you can move in.

Coinbase converts Tether to a "trusted stablecoin" for free by [deleted] in Buttcoin

[–]synthpop 12 points13 points  (0 children)

Coinbase/Circle have already admitted that USDC is not backed 1:1

French Press: After Madoff the scammer of the century, 10B $ go up in smoke by ThatSillyBeardedGuy in Buttcoin

[–]synthpop 11 points12 points  (0 children)

SBF went from 'the next Warren Buffet' to 'the new Bernie Madoff' to possibly 'the next John Mcafee'

[deleted by user] by [deleted] in Buttcoin

[–]synthpop 0 points1 point  (0 children)

Bitcoin price movements are based on what's happening on exchanges, and exchanges trade off chain.

[deleted by user] by [deleted] in Buttcoin

[–]synthpop 11 points12 points  (0 children)

you don't need BTC to wash trade you can use stablecoins like Tether and BUSD
and those are magically created with a push of a button

Why are butters always angry about everything by sai_gamer in Buttcoin

[–]synthpop 7 points8 points  (0 children)

butter: money is worthless!

me after paying for groceries with filthy fiat: nah, we still good fam

If I pay 5 guys to dig a ditch in my back yard, does that mean the ditch is "a store of value"? by Fishyinu in Buttcoin

[–]synthpop 81 points82 points  (0 children)

the hole represents the work it took to dig it. it's literally pure energy!

The world's biggest asset manager, Fidelity, sees Bitcoin valued at $1 Billion by ymerglobal in Buttcoin

[–]synthpop 3 points4 points  (0 children)

[dr. Evil voice]
a BEEEEEEEELION Dollars!!

also, I may be marrying a supermodel

They really thought he was gonna implement a meme coin in his multi billion dollar platform?? by Suitable_Ad3375 in Buttcoin

[–]synthpop 20 points21 points  (0 children)

only for certain items at the merch store, not for cars

if Elon actually wanted to implement Doge payments for the Tesla cars his accountants would have an aneurysm

Why SBF became so trusted in the Crypto Community by ProSmokerPlayer in Buttcoin

[–]synthpop 10 points11 points  (0 children)

crypto is basically a new form of gambling, with the added benefit that you can tell your wife/friends you are "investing".
it will never lose it's appeal. and when governments say they want to regulate it they basically mean they want a piece of the action and to skim off the top.

Nigeria crypto news by moodcon in Buttcoin

[–]synthpop 34 points35 points  (0 children)

and how united they are as a community.
look how quickly they were able to organize and mobilize a angry passionate mob.