In The Lord of the Rings, J. R. R. Tolkien drew upon the language and themes found in the old Medieval hero-tales in order to construct a kind of new mythology. The brilliance of Tolkien was in his departure from the Pagan modes of conduct and morality of these old tales, his creation of a syncretistic fusion between Christian thought and Pagan language, and so his work achieved a deep resonance with all who read it.
We find this passage at the conclusion of The Return of the King:
The Dark Lord was suddenly aware of him, and his Eye piercing all shadows looked across the plain to the door that he had made; and the magnitude of his own folly was revealed to him in a blinding flash, and all the devices of his enemies were at last laid bare.
Adversaries in the stories that Tolkien drew upon, Grendel, Mordred and the like, often served as obstacles that the heroes could overcome through feats of strength and cunning. Sauron is not like them. When Sauron is defeated, it is not because Aragorn is stronger than him or because Gandalf is wiser. They are not. It is only that his hubris was so great that it never occured to him that anyone would want to destroy the thing he held so dear. It is not until the final few seconds of his existence that he realises his mistake.
I think that I Am Jazz displays a similar moment. In the pictured scene, Jazz's journey to what he believes is womanhood is almost complete. He is resting after surgery, a triumphant smile on his face, his rotting groin held together by a labyrinthine patchwork of stitches and grafts. But as Eru Ilúvatar nudged Gollum over the Crack of Doom into the fires beneath, so too does the God of our world intervene in this.
Pop!
In a second, the follies of men are undone and Jazz's crotch explodes, a meaty froth of blood and pus pouring out of the hole where his penis used to be.
These people have no idea about how anything in finance works, yet are happily giving advice as though they did. Take this smooth brain:
Well, it's called a bank run, and "they" are very scared of it.
Fiat money is only worthless paper. Not being into crypto is highly risky in current times.
/u/BrugelNauszmazcer please tell us more about how your poorly regulated magic coins aren't just a great way for rich people to sodomize you with tactics that are illegal to apply to real money.
Yeah right, why don't we all just love our oldfashioned regulated, centralized financial system and all of its corporations!
Like the FED that controls interest rates, or the Dollar that lost 97% of its value, or like Paypal that freeze your account whenever they feel like it!
Why should we ever be interested in crypto? Everything works just fine.
Yeah right, why don't we all just love our oldfashioned regulated, centralized financial system and all its corporations!
You mean the same corporations who are making out like bandits from the unregulated fuckfest of crypto? Seriously, tell me how the system of cryptocurrency doesn't manage to favor the rich even more than the current financail system does?
Like the FED that controls interest rates, or the Dollar that lost 97% of its value, or like Paypal that freeze your account whenever they feel like it!
Yet somehow I can go to bed knowing that when I wake up in the morning, my bank account's value will not have dropped 80% while I was sleeping. And I can pay for something with confidence that the value of the money I hand over has not changed appreciably in the time it took me to do the transaction.
Why should we ever be interested in crypto?
That's a good question, let's go down the list and have you say why you're ok with each of these things:
Massive waste of electricity mining crypto
Enabling the sale of child pornography and the funneling of funds to terrorist organizations
Near constant exit scams and hacks
Look at this headline rofl, you have crypto networks collapsing dramatically and 850 million in "missing" currency. But please, explain more about how "risky" it is not to have magic beans.
The only serious point I see in your reply is electricity costs. Personally, I'd not have a problem with it, since crypto is a global payment system and you cannot expect it to run for free. However, the amount that is currently used for it is questionable for sure.
As for the rest:
The problems are criminals, not cash nor crypto. Everything can be abused, knives, planks, cleaning agents. Also, cash is volatile. The Dollar lost 97% of it's value since 1913, how is that not volatile, how is that stable?
The dollar has been much more stable ever since USA (domestically) stopped using the gold standard. It went from constant swings of inflation and deflation to an average 4% inflation with few extremes.
Maybe look up recessions when the gold standard was still in use, they were a lot worse than today's.
The problem with the gold standard and cryptocoins isn't the long term stability. Something like bitcoin is designed to be deflationary but the massive short term swings. Value swings of 20-30% in a timespan of a few weeks is horrible.
It's very easy to see on the graph above when the US said fuck the gold standard and later fuck the Breton Woods system.
The Dollar lost 97% of it's value since 1913, how is that not volatile
because it took more than a century to lose that value? because it averages a very predictble, low number people can plan around?
Everything can be abused, knives, planks, cleaning agents
Well when a plank suddenly increases cyberattacks across the world for the purposes of mining fairy dust, I'll gladly support a plank ban.
but Bitcoin did something that the Dollar never did: It regained value.
We have these crazy things called "shares" in public companies that do that! And our currency keeps a nice steady value from day to day so you can actually buy shit with it.
The buttcoin people need to make up their minds, is it a currency or an asset? Things that make something a good currency often make it a bad asset.
27 comments
1 SnapshillBot 2019-04-25
In The Lord of the Rings, J. R. R. Tolkien drew upon the language and themes found in the old Medieval hero-tales in order to construct a kind of new mythology. The brilliance of Tolkien was in his departure from the Pagan modes of conduct and morality of these old tales, his creation of a syncretistic fusion between Christian thought and Pagan language, and so his work achieved a deep resonance with all who read it.
We find this passage at the conclusion of The Return of the King:
Adversaries in the stories that Tolkien drew upon, Grendel, Mordred and the like, often served as obstacles that the heroes could overcome through feats of strength and cunning. Sauron is not like them. When Sauron is defeated, it is not because Aragorn is stronger than him or because Gandalf is wiser. They are not. It is only that his hubris was so great that it never occured to him that anyone would want to destroy the thing he held so dear. It is not until the final few seconds of his existence that he realises his mistake.
I think that I Am Jazz displays a similar moment. In the pictured scene, Jazz's journey to what he believes is womanhood is almost complete. He is resting after surgery, a triumphant smile on his face, his rotting groin held together by a labyrinthine patchwork of stitches and grafts. But as Eru Ilúvatar nudged Gollum over the Crack of Doom into the fires beneath, so too does the God of our world intervene in this.
In a second, the follies of men are undone and Jazz's crotch explodes, a meaty froth of blood and pus pouring out of the hole where his penis used to be.
In that moment of blind panic and terror, Jazz is Sauron. All triumph and victory is gone. Only the Void remains.
Snapshots:
I am a bot. (Info / Contact)
1 sokolovey 2019-04-25
classic
1 IDFSHILL 2019-04-25
I really regret missing my chance to become a bitcoin grifter back in the day tbh.
1 automatic_cluck 2019-04-25
Chainlink is the way to go, Pizza.
1 Intensely_Accurate 2019-04-25
The way crypto works there's another huge currency every few months. Spot the neeed train early and hop on.
1 wfwfwfqwfqwef 2019-04-25
just hodl.
1 C-Kun_FOUR 2019-04-25
the 850 mil is fake money and doesn't have value unlike the bitcoin I can hold in my hadn
1 Magictonay 2019-04-25
I wish my grandpa left me bitcoin instead of this shitty cash!
1 POST_BUSSY 2019-04-25
SHUT UP YOU (((FEDERAL RESERVE))) SHILL, REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
1 AlpraCream 2019-04-25
From the court documents filed today. Shows somebody from bitfinex predicting the price of bitcoin could go below 1k due to this.
https://i.redd.it/p88ygs192iu21.jpg
1 lol_te_gusto 2019-04-25
r/buttcoin
1 AlpraCream 2019-04-25
The most reliable crypto sub on reddit!
1 S3z1n 2019-04-25
No one COPEs harder than crypto-cels
1 BigDaddy_Delta 2019-04-25
Even qanons are less delusional
1 AnnArchist 2019-04-25
This is good for dramacoin
1 SuperObviousShill 2019-04-25
These people have no idea about how anything in finance works, yet are happily giving advice as though they did. Take this smooth brain:
/u/BrugelNauszmazcer please tell us more about how your poorly regulated magic coins aren't just a great way for rich people to sodomize you with tactics that are illegal to apply to real money.
1 BrugelNauszmazcer 2019-04-25
Yeah right, why don't we all just love our oldfashioned regulated, centralized financial system and all of its corporations!
Like the FED that controls interest rates, or the Dollar that lost 97% of its value, or like Paypal that freeze your account whenever they feel like it!
Why should we ever be interested in crypto? Everything works just fine.
1 SuperObviousShill 2019-04-25
You mean the same corporations who are making out like bandits from the unregulated fuckfest of crypto? Seriously, tell me how the system of cryptocurrency doesn't manage to favor the rich even more than the current financail system does?
Yet somehow I can go to bed knowing that when I wake up in the morning, my bank account's value will not have dropped 80% while I was sleeping. And I can pay for something with confidence that the value of the money I hand over has not changed appreciably in the time it took me to do the transaction.
That's a good question, let's go down the list and have you say why you're ok with each of these things:
Look at this headline rofl, you have crypto networks collapsing dramatically and 850 million in "missing" currency. But please, explain more about how "risky" it is not to have magic beans.
1 LongPostBot 2019-04-25
I don't know what you said, because I've seen another human naked.
I am a bot. Contact for questions
1 BrugelNauszmazcer 2019-04-25
The only serious point I see in your reply is electricity costs. Personally, I'd not have a problem with it, since crypto is a global payment system and you cannot expect it to run for free. However, the amount that is currently used for it is questionable for sure.
As for the rest:
The problems are criminals, not cash nor crypto. Everything can be abused, knives, planks, cleaning agents. Also, cash is volatile. The Dollar lost 97% of it's value since 1913, how is that not volatile, how is that stable?
1 ParticularDrummer 2019-04-25
You do realize there have been periods of deflation? Even post Nixon.
https://www.economicgreenfield.com/wp-content/uploads/2017/06/EconomicGreenfield-6-14-17-Dshort-5-15-17-A-Long-Term-Look-at-Inflation-e1497270173272.png
The dollar has been much more stable ever since USA (domestically) stopped using the gold standard. It went from constant swings of inflation and deflation to an average 4% inflation with few extremes.
Maybe look up recessions when the gold standard was still in use, they were a lot worse than today's.
The problem with the gold standard and cryptocoins isn't the long term stability. Something like bitcoin is designed to be deflationary but the massive short term swings. Value swings of 20-30% in a timespan of a few weeks is horrible.
It's very easy to see on the graph above when the US said fuck the gold standard and later fuck the Breton Woods system.
1 getdatfiloos 2019-04-25
this sheets needs stickying in r/conspiracy lol the boomers there would love this shit
1 SuperObviousShill 2019-04-25
because it took more than a century to lose that value? because it averages a very predictble, low number people can plan around?
Well when a plank suddenly increases cyberattacks across the world for the purposes of mining fairy dust, I'll gladly support a plank ban.
We have these crazy things called "shares" in public companies that do that! And our currency keeps a nice steady value from day to day so you can actually buy shit with it.
The buttcoin people need to make up their minds, is it a currency or an asset? Things that make something a good currency often make it a bad asset.
1 betaking12 2019-04-25
not just questionable, in terms of electricity costs, stupid
1 aWYgdSByZWFkIHUgZ2F5 2019-04-25
This really stimulates my big boy parts
cut to scene where i'm 400 pounds and there's a hamburger on my bed, and I suggest taking revenge on furries
Good job, keep doing it.
That's a nice image.
I really love the anger and naked bottom in this image, the juxtaposition is truly piercing my reality.
rule43overwatch
asdaf this is ahuman *ets
1 loli_esports 2019-04-25
what
1 paralyyzed 2019-04-25
It's over for cryptocels