• queermunist she/her@lemmy.ml
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    10 days ago

    This is good for Bitcoin. Since it’s all just asset gambling, the loss of his supply actually makes everyone else’s Bitcoins more valuable.

    Markets truly are efficient and not at all stupid.

  • TheLastHero [he/him]@hexbear.net
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    9 days ago

    Despite the court ruling against him, he insists, “I’m not giving up the fight.”

    do journalists even read what they write these days?

  • Feinsteins_Ghost [he/him]@hexbear.net
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    9 days ago

    It’s always been gone. This is an honest to god fools errand. Judgement or not

    It’s a been soaking in some of the foulest waters imaginable. Landfill leachate starts out pretty acidic due to fats and stuff breaking down, then eventually will turn alkaline as it gets older as things break down and produce dump gases and CO2. Beside the fact that it Got squished fucking flat the first day it was in the landfill because they are of limited space so everything is rolled and compacted daily, besides the fact that it’s been soaking in dump juice, it’s a hdd, somewhere in a three dimensional space the size of a goddamned dump.

    Besides, this is good for Bitcoin or whatever

  • happybadger [he/him]@hexbear.net
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    10 days ago

    I’m glad he spent 12 years doing that instead of being any other kind of crypto demon. Sure he almost risked violating all the pollution-mitigation efforts landfills take in an entirely new way to destroy the environment with crypto shit, but at least he wasted all of his money on that instead of something else. Hopefully it hurt.

  • FourteenEyes [he/him]@hexbear.net
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    9 days ago

    I love how the whole pitch with crypto was that it’s “more secure” but if you lose the specific drive with the key on it it’s completely worthless and cannot be retrieved and also if someone else finds it instead they can just steal it from you and they can actually just trap you in an apartment and torture you for the key too

    Meanwhile if you have a regular bank account they don’t just give any random asshole who shows up with your card full access to your money since they have multiple layers of verification and it’s also insured even if someone does fuck up massively

    • keepcarrot [she/her]@hexbear.net
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      9 days ago

      Earnestly, it seems way more useful for states seeking to escape the US monetary system than individuals. If North korea wants to store its money in a way that the US can’t just neuter trivially (as they did with Russia’s US dollar reserve), then bitcoin is not the worst option.

    • monk@lemmy.unboiled.info
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      9 days ago

      love how the whole pitch with crypto was that it’s “more secure” but

      [proceeds to compare bitcoin you can actually secure with banks where none of the security measures are under your control]

      Guess that’s “can actually be secured by you” vs “convincingly secure for you”.

  • kristina [she/her]@hexbear.net
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    9 days ago

    i literally have never thrown away any computer parts i have access to that still fully function i have an old ass 1980s computer from the soviet union even

    • grysbok@lemmy.sdf.org
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      9 days ago

      Lucky. My old computer bits were disappeared while I was in college in another state. Bye bye, Apple IIe. Bye, PC with all of my stuff on it. My parents didn’t even ask.

  • GrouchyGrouse [he/him]@hexbear.net
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    9 days ago

    The real value of the crypto was whatever the day he lost it. They need to stop calling it whatever horseshit number the market has for that same crypto. Because this specific crypto is gone. Forever. It has no value. It can never accrue more value. Stop acting like it’s real. Stop acting like it’s value has been subject to market forces over the years. It’s been gone. The invisible hand can’t touch it if it’s gone.

    So if you’re gonna say this chump lost his wallet say what the value was when he lost it. So whatever the price was back then. Guarantee it’s not 3/4 of a billion fucking dollars.

  • godlessworm [comrade/them]@hexbear.net
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    9 days ago

    “i have a laptop with 60m in crypto on it, but i lost the password

    for 1m i can break into it and give 20m to you in return”

    honestly bet this grift would work if you tried it on a few of these crypto weirdos. i think the likelihood of being scammed is part of the appeal for them anyway so you’re not even doing anything wrong. they might act sad about losing money in a crypto scam but a piece of them enjoys it

  • CrawlMarks [he/him]@hexbear.net
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    9 days ago

    I have to belive this is an intentionally unfalsafiable claim he was using to try to do some scam with and just got lost in the chase