Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.
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 for posting 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.
(Credit and/or blame to David Gerard for starting this.)
I saw in passing a claim that investors (or rather gamblers) are fleeing the dollar for safer assets such as "gold and Bitcoin".
Gold might be true, the ancient relic is up against the dollar, but Bitcoin!? Someone tell me that isn't true and it's just coinfondlers trying to hype it, in order to steer stupid capital their way.
when stocks are suffering Bitcoin is seen as the automatic money machine cause allegedly line can only go up. It doesn’t produce or rely on supply chain logistics and is immune to trade wars so it quickly gets popularity again. And there’s no such thing as a former coiner because once there’s a hint of potential bag holders arriving then they activate like fucking sleeper agents ready to push the moon-prop
@yellowcake @mountainriver All it needs is a bigger fool.
Quick check suggests that Bitcoin is indeed up over the last couple of days, but at time of posting is down YTD. Any dumb money going into Bitcoin to hedge against USD chicanery is replacing the money that came out of it in response to the overall economic disaster still in progress, so I wouldn't exactly call it a "flight to safety" as much as a "morons returning their still-on-fire hands to the hot stove"
Ed: also all the usual disclaimers about liquidity, stable coins, manipulation, etc. apply just as strongly as they do for any other discussion of the Bitcoin spot price.
Isnt the money in volume in bitcoin quite low reportedly? I figure the exchanges can track that, but not sure if they release that data, which should show if this is real at all