The Bitcoin Thread or, How The Fed Is Going To Fuck You

[Fife]

@officialmcafee with a Mixology 201 lesson: https://twitter.com/officialmcafee/stat ... 1694460933

[TheReal_ND]

JOHN "TWELVE LANE SUPER HIGHWAY TO MARS" MCAFEE

[Montegriffo]

Money?

If one MacCoin equals one Big Mac, then a MacCoin is technically more intrinsically valuable than either a BitCoin *or* a USD.

It's only on the baseball card-like market of Forex that this won't be the case, which is to say: the value of intrinsically worthless things is psychological, whereas the value of a MacCoin would always be -- bare minimum -- a fucking Big Mac.

At least they will keep up with burger inflation.

[Fife]

Hey nuke wtf is going on in this thread

MIT Technology Review: Once hailed as unhackable, blockchains are now getting hacked

An attacker had somehow gained control of more than half of the network’s computing power and was using it to rewrite the transaction history. That made it possible to spend the same cryptocurrency more than once—known as “double spends.” The attacker was spotted pulling this off to the tune of $1.1 million. Coinbase claims that no currency was actually stolen from any of its accounts. But a second popular exchange, Gate.io, has admitted it wasn’t so lucky, losing around $200,000 to the attacker (who, strangely, returned half of it days later).

[TheReal_ND]

Coinbase is The Bernanke of crypto

[Fife]

inb4 blockchain is imaginary

[TheReal_ND]

^people seem to think the hacker was Satoshi. Doing some kind of test. Idk wtf they are talking about tbh

[SuburbanFarmer]

Hey nuke wtf is going on in this thread

MIT Technology Review: Once hailed as unhackable, blockchains are now getting hacked

An attacker had somehow gained control of more than half of the network’s computing power and was using it to rewrite the transaction history. That made it possible to spend the same cryptocurrency more than once—known as “double spends.” The attacker was spotted pulling this off to the tune of $1.1 million. Coinbase claims that no currency was actually stolen from any of its accounts. But a second popular exchange, Gate.io, has admitted it wasn’t so lucky, losing around $200,000 to the attacker (who, strangely, returned half of it days later).

That was quick.

[Speaker to Animals]

BITCOIN IS REAL MONEY LMFAO

[Fife]

The state psyops against crypto are crafty, indeed, and perverse.