In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
and that FTX is having a financial meltdown.
A source on Facebook seems to list that eight
of the ten teams had some Crypto sponsorship.
Mercedes - WAS sponsored by FTX
Ferrari is sponsored by VELAS
Alpha Tauri is sponsored by fantom
Astin Martin is sponsored by crypto.com
Alfa Romeo is sponsored by FLOKI
Alpine is sponsored by BIANCE
Red Bull is sponsored by BYBIT
McLaren is sponsored by Tezos
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
and that FTX is having a financial meltdown.
A source on Facebook seems to list that eight
of the ten teams had some Crypto sponsorship.
Mercedes - WAS sponsored by FTX
Ferrari is sponsored by VELAS
Alpha Tauri is sponsored by fantom
Astin Martin is sponsored by crypto.com
Alfa Romeo is sponsored by FLOKI
Alpine is sponsored by BIANCE
Red Bull is sponsored by BYBIT
McLaren is sponsored by Tezos
What annoys me most
"Crypto Currencies" don't sponsor anything, crypto exchanges do however. Saying that it's the
currencies doing the sponsoring is like saying 'money is' instead of 'banks are'...
On Saturday, November 12, 2022 at 11:31:23 AM UTC+11, a425couple wrote:
In a different thread it was discussed that Crypto currences had
sponsored Mercedes,
and that FTX is having a financial meltdown. A source on Facebook seems
to list that eight of the ten teams had some Crypto sponsorship.
Mercedes - WAS sponsored by FTX
Ferrari is sponsored by VELAS Alpha Tauri is sponsored by fantom Astin
Martin is sponsored by crypto.com Alfa Romeo is sponsored by FLOKI
Alpine is sponsored by BIANCE Red Bull is sponsored by BYBIT McLaren is
sponsored by Tezos
"FTX Bankruptcy (amusingly) Explained" by an economics professor. It's
an "incredible" story. Incredible as in, lacks any credibility that
people could possibly be that damned stupid. In decades to come people
will marvel that so many could be so bloody stupid. https://www.youtube.com/watch?v=zTFhnpf-IE0
There are a couple of crypto good news stories, like the local kid that bought a few hundred bitcoin at under a dollar to buy a computer card
and qualify for a discount if he used bitcoin. During his online
discount claim he realised it was a rip-off so did not go ahead. Months
later he got around to getting back his one hundred and something
dollars worth to discover that he had many hundreds of dollars worth. So
he held onto them and became a 'Bitcoin Fanboy', his words.
To cut a long story short he did listen to his old man and sold some
when it dropped under AU$20K, bought 2 houses and some investments, then bought back the bitcoins he sold when it went down and then back over
$5k for a second time. He now admits that at the time he thought he was
a bitcoin expert. Now he does not discuss his finances but openly admits
he's just been incredibly lucky. And he drives a Toyota. Kid is now a
smart man who does not recommend crypto to anyone.
build
smh People these days...
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do however. Saying that it's the currencies doing the sponsoring is like saying
'money is' instead of 'banks are'...
Cheers,
On 12/11/2022 6:41 pm, ~misfit~ wrote:
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do
however. Saying that it's the currencies doing the sponsoring is like
saying 'money is' instead of 'banks are'...
Cheers,
Leeches, leeching of speculators.
To quote a well-known comedy character - "Oh dear, how sad, never mind".
geoff
On Fri, 11 Nov 2022 23:02:04 -0800 (PST), build wrote:
On Saturday, November 12, 2022 at 11:31:23 AM UTC+11, a425couple wrote:
In a different thread it was discussed that Crypto currences had
sponsored Mercedes,
and that FTX is having a financial meltdown. A source on Facebook seems
to list that eight of the ten teams had some Crypto sponsorship.
Mercedes - WAS sponsored by FTX
Ferrari is sponsored by VELAS Alpha Tauri is sponsored by fantom Astin
Martin is sponsored by crypto.com Alfa Romeo is sponsored by FLOKI
Alpine is sponsored by BIANCE Red Bull is sponsored by BYBIT McLaren is
sponsored by Tezos
"FTX Bankruptcy (amusingly) Explained" by an economics professor. It's
an "incredible" story. Incredible as in, lacks any credibility that
people could possibly be that damned stupid. In decades to come people
will marvel that so many could be so bloody stupid.
https://www.youtube.com/watch?v=zTFhnpf-IE0
There are a couple of crypto good news stories, like the local kid that
bought a few hundred bitcoin at under a dollar to buy a computer card
and qualify for a discount if he used bitcoin. During his online
discount claim he realised it was a rip-off so did not go ahead. Months
later he got around to getting back his one hundred and something
dollars worth to discover that he had many hundreds of dollars worth. So
he held onto them and became a 'Bitcoin Fanboy', his words.
To cut a long story short he did listen to his old man and sold some
when it dropped under AU$20K, bought 2 houses and some investments, then
bought back the bitcoins he sold when it went down and then back over
$5k for a second time. He now admits that at the time he thought he was
a bitcoin expert. Now he does not discuss his finances but openly admits
he's just been incredibly lucky. And he drives a Toyota. Kid is now a
smart man who does not recommend crypto to anyone.
build
the quickest way to sum up crypto (both currencies & NFT) is "Emperors new cloths"
Forgot to add
Leeches, leeching of speculators.
To quote a well-known comedy character - "Oh dear, how sad, never mind".
Other than "they've existed longer" how are fiat currencies any different?
Forgot to add
On 2022-11-12 08:30, alister wrote:
On Fri, 11 Nov 2022 23:02:04 -0800 (PST), build wrote:
On Saturday, November 12, 2022 at 11:31:23 AM UTC+11, a425couple wrote: >>> In a different thread it was discussed that Crypto currences had
sponsored Mercedes,
and that FTX is having a financial meltdown. A source on Facebook seems >>> to list that eight of the ten teams had some Crypto sponsorship.
Mercedes - WAS sponsored by FTX
Ferrari is sponsored by VELAS Alpha Tauri is sponsored by fantom Astin >>> Martin is sponsored by crypto.com Alfa Romeo is sponsored by FLOKI
Alpine is sponsored by BIANCE Red Bull is sponsored by BYBIT McLaren is >>> sponsored by Tezos
"FTX Bankruptcy (amusingly) Explained" by an economics professor. It's
an "incredible" story. Incredible as in, lacks any credibility that
people could possibly be that damned stupid. In decades to come people
will marvel that so many could be so bloody stupid.
https://www.youtube.com/watch?v=zTFhnpf-IE0
There are a couple of crypto good news stories, like the local kid that
bought a few hundred bitcoin at under a dollar to buy a computer card
and qualify for a discount if he used bitcoin. During his online
discount claim he realised it was a rip-off so did not go ahead. Months
later he got around to getting back his one hundred and something
dollars worth to discover that he had many hundreds of dollars worth. So >> he held onto them and became a 'Bitcoin Fanboy', his words.
To cut a long story short he did listen to his old man and sold some
when it dropped under AU$20K, bought 2 houses and some investments, then >> bought back the bitcoins he sold when it went down and then back over
$5k for a second time. He now admits that at the time he thought he was
a bitcoin expert. Now he does not discuss his finances but openly admits >> he's just been incredibly lucky. And he drives a Toyota. Kid is now a
smart man who does not recommend crypto to anyone.
build
the quickest way to sum up crypto (both currencies & NFT) is "Emperors new cloths"Other than "they've existed longer" how are fiat currencies any different?
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do
however. Saying that it's the currencies doing the sponsoring is like
saying 'money is' instead of 'banks are'...
~misfit~ <[email protected]> writes:
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do
however. Saying that it's the currencies doing the sponsoring is like
saying 'money is' instead of 'banks are'...
Now google "trope". Ignore anything that loks like it's to do with
popular culture. If the page mentions "metonymy", you're on the right
track.
And ask yourself, have you ever uttered a phrase like "the kettle's
boiled".
On 21/11/2022 3:02 am, Phil Carmody wrote:
~misfit~ <[email protected]> writes:
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do
however. Saying that it's the currencies doing the sponsoring is like
saying 'money is' instead of 'banks are'...
Now google "trope". Ignore anything that loks like it's to do with
popular culture. If the page mentions "metonymy", you're on the right
track.
And ask yourself, have you ever uttered a phrase like "the kettle's
boiled".
I get what you're saying but in this case I think that I'm addressing
actual misinformation and a lack of understanding rather than
metonymy.
There's a lot of misinformation around cryptocurrencies being
circulated, some of it by institutes or people who should know better
but mostly by people who don't know better. IME < 5% of people
actually understand crypto and the difference between say holding
bitcoin and putting money into exchanges.
~misfit~ <[email protected]> writes:
On 21/11/2022 3:02 am, Phil Carmody wrote:
~misfit~ <[email protected]> writes:
On 12/11/2022 1:31 pm, a425couple wrote:
In a different thread it was discussed that
Crypto currences had sponsored Mercedes,
Gah! I missed a point that I meant to make in my previous reply:
"Crypto Currencies" don't sponsor anything, crypto exchanges do
however. Saying that it's the currencies doing the sponsoring is like
saying 'money is' instead of 'banks are'...
Now google "trope". Ignore anything that loks like it's to do with
popular culture. If the page mentions "metonymy", you're on the right
track.
And ask yourself, have you ever uttered a phrase like "the kettle's
boiled".
I get what you're saying but in this case I think that I'm addressing
actual misinformation and a lack of understanding rather than
metonymy.
There's a lot of misinformation around cryptocurrencies being
circulated, some of it by institutes or people who should know better
but mostly by people who don't know better. IME < 5% of people
actually understand crypto and the difference between say holding
bitcoin and putting money into exchanges.
When I read the newspapers, I get the feeling that fewer than 5% of
people even know how to tie their own shoelaces, so I'll grant you
that.
I'd say that <0.5% actually know how the not-even-fractional-
reserve banking system works nowadays too.
The Chief Cashier of the Bank of England used to be a family friend,
and at a get-together I was seated at the same table as him and had
ability to ask him what the "I promise to pay the bearer on demand
the sum of" sentence actually meant...
Scratch the 0.5%. Let's call it 0.005%. Oh, he understood. He just
felt uneasy explaining it.
And nobody truly understands cryptocurrencies unless they truly
understand currencies, and the difference between currency and money.
I think that most people have given up on shoelaces.
I've been amusing myself watching how people are giving up on writing words and are reverting to
the modern version of hieroglyphs - emojis.
| Sysop: | Keyop |
|---|---|
| Location: | Huddersfield, West Yorkshire, UK |
| Users: | 715 |
| Nodes: | 16 (0 / 16) |
| Uptime: | 170:34:50 |
| Calls: | 12,097 |
| Calls today: | 5 |
| Files: | 15,003 |
| Messages: | 6,517,852 |