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Topic: Cryptoland: the hodlers of last resort (Read 5349 times)
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ezrast
Terracotta Army
Posts: 2125
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Two enterprising grifters have unveiled a plan to purchase an island in Fiji and turn it into an exclusive paradise for cryptobros. Exactly zero of that plan has been put into motion, but rest assured you can already buy NFTs from them to claim a parcel of land that isn't theirs to sell for $1.2M worth of Ethereum, which is actually comically low considering the volume they're working with. If we're really good for Santa this year, Cryptoland might pick up enough momentum that someone will try to actually make this thing happen and we can watch it all fall apart, Fyre Festival-style. Most likely they'll take the money and run before then, but real popcorn value has already been delivered in the form of an eighteen-minute promotional video that is absolutely start-to-finish indistinguishable from satire. It is the hardest roast of the crypto community imaginable. See it with commentary here.
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Trippy
Administrator
Posts: 23646
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Tebonas
Terracotta Army
Posts: 6365
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Looking forward to the documentary about it. Was really entertained by the two Fyre Festival ones (apart from feeling sorry for the locals that where caught in it).
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Fresh hell in my feed.
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HaemishM
Staff Emeritus
Posts: 42665
the Confederate flag underneath the stone in my class ring
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That haircut says "How to say I'm a pedophile without saying I'm a pedophile."
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TheWalrus
Terracotta Army
Posts: 4321
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"Self made"
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vanilla folders - MediumHigh
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slog
Terracotta Army
Posts: 8234
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"Self made"
What, you are not interested? Lottery Winner shares his secrets! Only 19.99 a month
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Friends don't let Friends vote for Boomers
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Surlyboi
Terracotta Army
Posts: 10966
eat a bag of dicks
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"Not satisfied with collapsing the economy of Kazakhstan, cryptobros vow to strike again."
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Tuned in, immediately get to watch cringey Ubisoft talking head offering her deepest sympathies to the families impacted by the Orlando shooting while flanked by a man in a giraffe suit and some sort of "horrifically garish neon costumes through the ages" exhibit or something. We need to stop this fucking planet right now and sort some shit out. -Kail
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Soulflame
Terracotta Army
Posts: 6487
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Now Venezuela is next in the "Economy destroyed by crypto" barrel.
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Samwise
Moderator
Posts: 19299
sentient yeast infection
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Now Venezuela is next in the "Economy destroyed by crypto" barrel.
Don't worry, socialism will get all the blame.
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Johny Cee
Terracotta Army
Posts: 3454
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Now Venezuela is next in the "Economy destroyed by crypto" barrel.
Don't worry, socialism will get all the blame. Because socialism already cratered the economy?
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Chimpy
Terracotta Army
Posts: 10632
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How are crypto miners going to move to Venezuela? The country can’t generate enough electricity to keep the lights on as it is now.
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'Reality' is the only word in the language that should always be used in quotes.
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Sky
Terracotta Army
Posts: 32117
I love my TV an' hug my TV an' call it 'George'.
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"15 cryptominers trapped in Venezuela after they got the cryptoshaft"
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Hoax
Terracotta Army
Posts: 8110
l33t kiddie
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Now Venezuela is next in the "Economy destroyed by crypto" barrel.
Don't worry, socialism will get all the blame. Because socialism already cratered the economy? Yes. Venezuela isn't nearly as interesting as El Salvador, which had a not completely defunct economy and picked a young charismatic cryptobro to be president.
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A nation consists of its laws. A nation does not consist of its situation at a given time. If an individual's morals are situational, then that individual is without morals. If a nation's laws are situational, that nation has no laws, and soon isn't a nation. -William Gibson
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Count Nerfedalot
Terracotta Army
Posts: 1041
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how do you allocate blame between rampant socialism, despotic dictators-in-all-but-name, petrodollar corruption, and being stuck next door to a 60 year long civil war?
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Yes, I know I'm paranoid, but am I paranoid enough?
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Samwise
Moderator
Posts: 19299
sentient yeast infection
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Soulflame
Terracotta Army
Posts: 6487
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“I had a few people lamenting and crying,” says the group’s founder, a 30-year-old cryptocurrency investor who gives only his first name, Giulio. “I decided not to ban them. I felt bad. They weren’t even able to scream any more. They were just sobbing.” Dollars to donuts he's running that group to push great new "investments" to a pool of known marks.
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« Last Edit: July 13, 2022, 08:25:34 AM by Soulflame »
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schild
Administrator
Posts: 60350
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if he isn't, he should be
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