https://archived.moe/biz/catalog
Currently 88 cents to the dollar.
https://archived.moe/biz/catalog
Currently 88 cents to the dollar.
tech/science swag.
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[[[ To any NSA and FBI agents reading my email: please consider ]]]
[[[ whether defending the US Constitution against all enemies, ]]]
[[[ foreign or domestic, requires you to follow Snowden's example. ]]]
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Must be a day ending in Y
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stablecoin
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Why do they call it a stablecoin when it's neither stable nor a coin
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so r-slurs like me will buy it
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is this real
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is this a seinfeld joke
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Bitcoin was a scam from the start.
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lol, lmao even.
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such poor writing lol
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Enjoy staying poor!
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Have you tried bank? Bank works good
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Just threw all my money into Silicon Valley Bank, thanks for the advice
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And if they don't work good, don't worry, the gubment will bail them out
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Just remember to not save up more than $250k.
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Do it in multiple banks.
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Idk why you'd have that much in a bank account lol.
Then I started watching tiktoks and people are walking around with 10mil in a checking account.
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Why would you watch tiktok, are you mentally stunted?
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tbh I got stuck in thirst trap tiktok and ended up in the real estate scam tiktok and from there made it to the "ask people how much they have in their checking account" tiktok.
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Are you a white woman?
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Yeah, you would thirst over little tiktok boys, p-do cute twink.
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Lol ok
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Pederast.
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He has the politics of an unmarried white woman, so it’s not surprising that he also shares their pass times.
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Preparing to make an investment.
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oh boy
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It decentralized and that's a good thing!
"We are freezing the selling of Poopoopeepee Coin but you may still buy more lol"
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FOR CRYPTO'S SAKE! I'm going to start saying that now
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Why do people on the 4chan threads from when it was just starting to break at like $0.995 keep talking about how they're going to hold? There is virtually no upside and a massive and rather probable downside.
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Why would you hold any significant amount of it to begin with? Aren't these coins just a way to try to get more people to adopt crypto?
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no its for 3rd world peeps who legally cannot hold usd
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Used when you sell your shitcoin. If you sell into USDC or similar, it doesn't trigger a tax event.
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You say that you're going to hold strong to try and keep some semblance of confidence in the market. Otherwise it is quite difficult to quietly offload your positions. The longer confidence holds the more likely it is they exit with a single-digit percentage loss.
Think of it like trying to distract the competition in musical chairs so you can steal their seat.
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crypto copeposting
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CRYPTOBROS THIS WAS MEANT TO BE THE FUTURE OF FINANCE
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How does USDC work? Is it supposed to be redeemable for cash from a company, or is it a perpetual motion thing like terra was?
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nobody knows
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Ok, their website claims their coins are redeemable for cash and fully backed by cash and short-term treasury bonds. However if this were actually the case, arbitrage would be dragging the price back up to $1 so clearly their redemption system has already failed or it takes too long to use and there is widespread fear it will fail in the meantime.
edit: Oh. They had all their cash in Silicon Valley Bank. Now I understand.
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Circle (USDC's issuer) kept $3.3b in Silicon Valley Bank, which is around 8-10% of all of the assets that supposedly back the $40b or so they've issued in USDC tokens. That being said, the panic is being caused by Circle's suspension of withdrawals/conversions, major exchanges banning selling and decentralised exchange pools being drained.
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wasn't it the whole point of crypto to not be sanctionable by banks
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There's a rift between the lolbertarians and venture capitalist types on the direction of crypto. The former wanting to keep it the wild west where they can do whatever they want (though strangely those types are quite quiet when major projects collapse) while the latter want to be legitimised by regulation. The collapse of FTX was partly driven by this feud as SBF was pushing for more regulation (influenced by him and people allied to him) whereas CZ was and continues to be more of the "laws are suggestions" school of thought.
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Based CZ,
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Thank god Sammy boy showed everyone that regulations are just a metaphorical cuck shed
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people lie
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I see, thanks
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Emphasis on "supposedly", we know from tether that most of these companies have absolutely no issue with lying about their reserves.
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Cryptobros are truly something
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"yet you participate in society" level banter
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This is more like the "anti-gay politician pictured in a gay orgy" level banter
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yeah
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sounds like it doesn't work
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When they redeem
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God I hope it collapses and everyone loses huge amounts of semi-fake money.
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I hope it's a real contagion to the IRL banking system.
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Lol I have like $1k worth of that stuff
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Sell now
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wrong buy the dip
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Sell now buy the deeper dip later
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ok you convinced me
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No
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Crypto has been crabbing since 2021 just before they died that is true.
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Why do you have $11k in something that is supposed to track the value of cash
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Well its only $1k and its from selling NBA NFTs like 2 years ago lol. Plus I’m not American so holding some US currency as a hedge wasn’t an awful idea imo
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I dunno. $150k seems like a lot of money to have in a single crypto..
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That said, how good is it that Paolo's blatant criminal enterprise Tether just keeps winning while the regulation compliant USDCuck gets trashed
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this is less drama, and more pathetically sad
he has such an undeveloped set of social skills and lack of awareness of the size of things it's piteous
Snapshots:
archive.org
ghostarchive.org
archive.ph (click to archive)
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Unpegging?
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Anyone who didn’t abanadon crypto already deserves to go broke
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God laughs at you for doubting the most patriotic shitcoin
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Monerochads win again
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I always bust when I'm pegging.
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