People rooting for crypto to be shut down are incredibly cringe.
Like no one is trying to shut down the dumb fiat system you use, no one is forcing you to buy crypto, no one is forcing you to read crypto news or follow crypto twitter.
Let people do what they want and chill…
— hayden.eth ?? (@haydenzadams) January 26, 2023
you successfully diverted a shitload of effort and resources into shilling monkey jpegs and told us you were geniuses for it, yeah, you better fucking believe I’m gonna root for the bottom to fall out and enjoy it if happens.
— William B. Fuckley (@opinonhaver) January 26, 2023
put it in a time capsule. little bit of mass hysteria, add dollop of trend chasers, little scoop of flim flammery. wonderful stuff. utterly incomprehensible in five years. utterly incomprehensible now. https://t.co/gupcigDe9R
— world famous art thief (@CalmSporting) January 25, 2023
(A different loser NFT account also liked the above tweet)
— The Fig Economy (@figgityfigs) January 26, 2023
I mean the boring but correct answer is that 1) the SEC was asleep at the switch because all of our institutions have been hollowed out and 2) most of the establishment leaders in a position to rectify that were either captivated by or a willing part of the scam https://t.co/vC7xFBdbzc
— Hemry, Local Bartender (@BartenderHemry) January 25, 2023
That said it's not too late for every celebrity who took money to publicly pretend to just be an enthusiastic crypto/NFT geek to go directly to jail
— Hemry, Local Bartender (@BartenderHemry) January 25, 2023
NotMax
Masters of the looniverse.
eclare
So far pretty quiet night in Memphis, haven’t heard of any protest related violence. Protestors did shut down the I-55 bridge over the Mississippi for a few hours, but then they left and marched downtown.
I will not watch the video, but a friend who did said besides the five monsters beating Tyre, there were many more standing around. Memphis Fire is investigating two, and the Sheriff is investigating two. Both said they did not get video til today.
Montanareddog
I had no idea who the woman talking to Jimmy Fallon about monkey pictures was, until I read the tweet’s replies. Apparently, it is Paris Hilton. Lordy, Luke, the vocal fry is strong in that one
I find it unfathomable that ordinary folk could be interested in such a person.
mrmoshpotato
I wouldn’t bat an eye if Matt Damon and Jimmy Fallon were charged.
Oh, and Jimmy Fallon can still go fuck himself.
eclare
@mrmoshpotato: I do not get Fallon’s appeal *at all.* There is something about the way he speaks, his affect, that creeps me out. And most importantly, he’s not funny. YMMV.
mrmoshpotato
@Montanareddog:
Like, oh my Gawd, I never knew she was a crypto expert! Like! Totally!
“Is she famous because her daddy owns hotels?”
-DL Hughley on Paris Hilton
mrmoshpotato
@eclare: I don’t find him funny either. And he can still go fuck himself for normalizing the fat, orange fascist.
steve g
First tweet: “no one is trying to shut down the dumb fiat system you use”
Hello, have you heard about the new GOP House and Speaker McCarthy and the debt limit?
Enhanced Voting Techniques
IDK anyone who was dumb enough to “invest” in NTF was begging to be ripped off because it was such an obvious scam at the time.
FTX creative bookkeeping with their investors is a bigger argument that the SEC was asleep on the job. Then again, investing in FTX was basically an act of “that Face Eaten Leopard won’t eat my face”, from what I’ve seen, the guys running FTX had to do crypto because Wall Street didn’t trust them.
Mai Naem mobile
@eclare: i have a hard time watching these clips. I’ve watched a few seconds of this one but not the whole thing. Some commentator said that there’s got to be some personal back story to this beating, that its not just a cop getting momentarily pissed off at somebody who’s done something awful and now isn’t following instructions during the arrest.
HumboldtBlue
Don Lemon’s interview with Memphis City Council Chairman Martavius Jones is heartbreaking on more than one level.
hervevillechaizelounge
@eclare:
I watched the Tyre video but I wish I didn’t.
Random question: what if the exact same scenario happened and the victim was a white man executed by black officers? Would the blue line enthusiasts still insist the victim was at fault?
I suppose what I’m wondering is whether rightwingers’ hatred of POC would surpass their belief in copaganda. Since nothing trumps their hatred of POC, I guess whiteness would prevail.
I suppose Fox would then insist all black folks are unfit for the police force, as they’re clearly biased against whites.
DMcK
Calling something “incredibly cringe” is pretty goddamn cringe-inducing coming from the keyboard of an ostensible adult. Seriously, I’d actually more or less agree with wee Hayden’s admonishment to “chill” as I share P.T. Barnum’s affection for the vigorous fleecing of suckers, were it not for the catastrophic environmental costs exacted by those fucking blockchain servers.
Martin
The video is rough. Worse than Rodney King. Objectively so because King lived, but subjectively so as well. I don’t know how people of color aren’t constantly losing their shit.
Amir Khalid
This sentence is so transcendently absurd, I just had to look at it again. Fiat currency is what a cryptocurrency wants to be when it grows up. Cryptocurrencies, unlike fiat currencies, require vast computing resources and use up huge quantities of electricity to operate at all. Cryptocurrencies are nowhere near as easily exchanged nor as reliable at storing value as an old-fashioned fiat currency. Cryptocurrencies too easily get co-opted by shady or outright criminal enterprises as an untraceable money substitute. Bitcoin and its ilk are not a better kind of money than fiat money, and in some ways they are clearly worse.
Balconesfault
Now just imagine how much better off America would be had the GOP dream of letting people invest their Social Security dollars however they want come true.
eclare
@Mai Naem mobile: I saw that on Twitter, that there was a personal grievance over a woman, but until I see a more reliable source, I don’t put much stock in it.
A local station interviewed a guy who had been going to buy a pizza and was apprehended by this same SCORPION group. He said they threatened him, held a gun to his head, said they found drugs, etc. Guy finally said the magic word “lawyer”, and they let him go. He said he called Internal Affairs twice, and he showed his phone, but when asked by the news MPD had no comment.
eclare
@HumboldtBlue: Oh that is heartbreaking. And so human.
twbrandt (formerly tom)
At least with tulip bulbs you had pretty flowers to look at.
opiejeanne
@twbrandt (formerly tom): Or you could eat them. I don’t recommend it
opiejeanne
I didn’t recognize Paris until I read the comments, and then I still didn’t recognize her.
What a pair of vapid ninnies.
Aussie Sheila
Maybe someone should shut down the Memphis police until we figure out what is going on?
Seriously, I won’t watch police snuff videos on principle, but I have read the descriptions of what went down. These coppers are not ‘one offs’. There is an expectation of impunity here since their body cams were on and they knew that.
Apart from what needs to happen to the police actively involved, the emergency service workers who looked on should be charged with manslaughter for not intervening, and the Police Chief should be relieved of duty for neglecting good order and discipline.
Christ how many more police murders must vulnerable communities endure?
US policing is severely dysfunctional at one level-at another level it probably is working as designed.
Truly terrible for his family and my heart just broke when I read he called for his mother. Just simply unacceptable in any civilised society.
Joey Maloney
“I don’t belong to any civilized society. I’m an American.” with apologies to Will Rogers.
NotMax
@opiejeanne
Funny, no one ever talks about her sister Antwerp.
//
Aussie Sheila
As for crypto, get back to me when the US government accepts crypto tax payments in lieu of dollars and the international banking system recognises it as a means of international exchange. Absolute wankers.
How much more idiocy must the world endure at the hands of these tech bros and their collective Dunning Kruger syndrome? I am suddenly very tired and impatient with the rank ignorance of it all. Shut it down. It has as much relevance as any other form of gambling as a store of ‘value’. In other words-none whatsoever.
bjacques
@twbrandt (formerly tom): <grumble grumble> why is it always Tulipmania, which was just a blip in the history of financial bubbles? The Triple Bubble of 1720 was bigger and it came with cartoons that were funnier and, frankly, more relatable. It doesn’t get more apposite than a guy swallowing gold coins and crapping out stock shares eagerly grasped by a crowd of punters. (Google “1720” and “Mirror Of Folly” and you’ll find it.)
Has our very own Tom Levenson labored in vain?
NotMax
Once more, under flash flood warning Currently in effect until around 4 a.m., three hours from now. In all likelihood will be extended, judging from sounds outdoors.
Also chilly (for here). 50s in this neck o’ the woods Could even make a brush with the high 40s before sunup. Enough to Swiffer accumulated pesky dust from the upward facing vents of the space heater and switch it on.
Hawaiian Electric will be ecstatic.
Citizen Alan
@DMcK: Very few things in this world fill me with as much disgust as people who use the word cringe as an adjective or noun.
Amir Khalid
@NotMax:
Or her cousin Kuala Lumpur.
Baud
@Citizen Alan:
Yeah, that’s so cringe.
Amir Khalid
@Citizen Alan:
As a person who persists with the old-fashioned locution “cringeworthy”, I concur.
eclare
@Amir Khalid: Hahaha…just looked up what Kuala Lumpur means in English, even funnier!
matt
Continuing the streak of people who are wrong using the word ‘cringe’ in place of an argument.
Barbara
The response ratio to the original tweet shows that the bubble has a ways to go before it pops.
The gist of his tweet: We’re not making you buy crypto but we want you to stop talking it down so we can keep making money (like actual money) from clueless marks.
NotMax
@Amir Khalid
Distant relation Ouagadougou is pretty cool, though.
;)
lowtechcyclist
No one is forcing me to invest in a Ponzi scheme, but they’re still illegal. Can’t see why crypto should be any different.
Barbara
@lowtechcyclist: They can’t acknowledge that crypto currency only increases in value if new people invest. That’s not true for other types of assets, including fiat money.
David ⛄ 🎅The Establishment🎄 🦌 🕎 Koch
Baud
Ferrari money > fiat money.
Baud
@Barbara:
This.
Princess
@hervevillechaizelounge: the answer is whiteness always would prevail. The cops are there to protect white patriarchy. As long as they do that, their race doesn’t matter.
Baud
@Princess:
That would be my bet too.
Dorothy A. Winsor
May Jimmy Fallon and Paris Hilton (really?) be paid in crypto for the rest of their lives.
Baud
Libertarians love to cling to the idea that purely private transactions don’t hurt anyone else. But the national economy works because money flows through it. If you have enough people diverting their money into unsustainable debt, inflated assets, and fraudulent schemes, the economic ripples hurt innocent people.
Frank Wilhoit
@Mai Naem mobile: It’s worse than that. Any target will do. Any individual target or any group target. Now think that all the way through.
Narya
@Baud: the past few years Red Bull > Ferrari …
Anne Laurie
When the country previously known as Upper Volta first changed its name, I was working at the Africana library for a midwestern university. One of my co-workers had just done a Peace Corps stint there, so I could not resist asking him if the newly christened bi-lingual ‘Country of Upright Men’ was as susceptible to mildly pornagraphic humor as its English translation. He said that ‘fortunately’ not that many Burkinabe spoke English… although the implications weren’t much different in the official national language (French)…
This may be why the official translation is now ‘the Country of Honest People’.
mrmoshpotato
@Dorothy A. Winsor:
Yes!
prostratedragon
The world through the eyes of Tyre Nicols
JPL
@eclare: I glad that Memphis’ protests were peaceful, and I do hope that it stays that way. Atlanta had a small peaceful protest and there is going to be another one today. I did see a few minutes of the video and listened to more, and it’s haunting. At one point there are ten people just mulling around. Tyre falls over they pick him back up over and over.
kalakal
@Amir Khalid: Middle name Idle
topclimber
@Baud: Maybe you should go for Secy of Treasury BAUDXX? Might not be much competition for the job in 2024 if the GQP Borks the national debt.
Baud
@topclimber:
This would be me.
RSA
On a noun being used as an adjective (“cringe”), I see a lot of people using a past tense verb as an adjective (“woke”). For me they’re in the same category–they sound off. Some slang survives long enough to sound natural, though, so I’ll just wait.
eclare
@JPL: I’m hoping there will be more charges, the police say they are still investigating.
SFAW
@NotMax:
I was afraid you were going to he/she is re-volta-ing.
Ceci n est pas mon nym
@Anne Laurie: Your remark made me curious what the unfortunate translation in French might be. I searched “what does Burkina Faso mean” in French and am none the wiser. Found this article though which has a couple interesting linguistic facts. You should never say “The Republic of Burkina Faso” but “the Burkina Faso” because “Faso” carries the idea of country. And male, female and plural residents all be referred to by the word Burkinabè with the same ending (for most nationalities in French the endings would all be different) because that ending comes from the Fulfulde language.
Bupalos
@Princess: they are there to protect the status quo that gives them relative power and status over others. Since the status quo is still thoroughly bound up with white supremacy, they are frequent defenders of white supremacy. Reform of this reality will have to happen mostly in the broader cultural sphere.
They are even more vigorous defenders of wealth supremacy.
SFAW
@RSA:
I’d be OK with persons who use “woke” as a pejorative being sentenced to prison for ten or more years. Starting with Ron DeathSantis.
Although I share your (and everyone else’s distaste for “cringe,” I think it should currently be a misdemeanor, not a felony, because the underlying sentiment is — to me, at least — much more benign.
On the other hand, I’d like to see DeathSantis sentenced to ten or more years for jaywalking, so maybe I’m not objective.
CindyH
@eclare: same here
SFAW
@eclare:
I’m agnostic re: Fallon, mainly because I never watch/see him.
Seth Meyers, on the other hand — the clips I’ve watched leave me confused. His facial expressions indicate to me that the (extremely valid) topical/political points he makes in his three-minute bits are supposed to be laugh-inducing. But I have yet to laugh, or even smile wryly, at any of his bits. Maybe I just haven’t watched enough of them. Maybe I’m just not hip enough. [OK, I freely admit to being “not hip.”]
Layer8Problem
@SFAW: I’m still working on being “hep”.
NotMax
@SFAW
Some of us are of (or close enough to) a generation doddering enough to have undergone more than a few non-invasive hip replacements.
;)
The Quiet One
@Mai Naem mobile:
@Mai Naem mobile: The moment of truth for a POC is the command ‘get out of the vehicle’ Imagine a shady traffic stop then being commanded to get out of your car by someone you truly are scared of. Cops react badly to even the smallest incidents.. Officer safety is usually the excuse.
Matt McIrvin
As usual, libertarians can’t comprehend the idea of an externality. I don’t have to buy crypto but I do have to live on the same planet as you.
different-church-lady
Right, nobody has ever in the history of crypto asserted that crypto was going to replace fiat currency, right. It’s never happened. Sure.
NotMax
@Matt McIrvin
Elon’s got a plan for that.
//
different-church-lady
@SFAW: I’d rather see him punished for being a fascist than for his misuse of language.
different-church-lady
@Baud:
I mean, blackmail is a private transaction, no?
different-church-lady
@David ⛄ 🎅The Establishment🎄 🦌 🕎 Koch:
This should win the internets for the entire month.
different-church-lady
Yeah, I’m getting into a rant now: they just pivot from “CRYPTO IS THE FUTURE OF EVERYTHING GET OUT OF THE WAY BROKE LOSER DINOSAUR” to “its-just-my-little-innocent-hobby-why-you-so-mean?” like the fukin’ sociopaths they are.
kalakal
@SFAW: groovy
Albatrossity
At least tulips are pretty. Apes? Not so much
different-church-lady
@Aussie Sheila:
 
The scary problem is there are people in power who are pushing for that very thing.
different-church-lady
@RSA:
Wait, cringe is a noun?
Tony G
From my perspective, “crypto” and NFTs are just the latest in a long history of scams that some people are dumb enough to fall for. Look at the proliferation of casino gambling over the past four decades, supplemented in recent years by “sports book” gambling that you can do from your phone without getting out of bed. A significant number of people believe that they can get rich with no brains or effort, and there are enormous lucrative industries that are happy to take these people’s money.
different-church-lady
@Tony G: Gambling is now just fine. Pot is now just fine. There are movements afoot to legalize mushrooms and other psychedelics.
It’s getting to the point where everything is legal except a woman being in control of her own body.
kalakal
@different-church-lady:
There is idiocy like this
https://news.fiu.edu/2022/fiu-faculty-weigh-in-on-the-future-importance-of-miami-coin
different-church-lady
@kalakal:
People should “keep an eye on it” because it might beat the shit out of them at any moment.
sab
@different-church-lady: City of Cleveland Ohio was looking into it under the last mayor. Fortunately he finally retired.
A Man for All Seaonings (formerly Geeno)
@Layer8Problem:
You and Dinah Shore
Doug R
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
Upton Sinclair
different-church-lady
@Doug R: His ego too. Maybe more so.
twbrandt (formerly tom)
@bjacques: lighten up. I’ve read Tom’s book and know that tulip mania was small potatoes compared with the South Sea bubble. But the latter is more difficult to fashion into a throw-away bon mot. This is BJ, after all.
Doug R
@opiejeanne: There’s apparently a poisonous part on the bulb, but otherwise edible IIRC.
different-church-lady
@Doug R:
Give a man a bulb and he eats for a day. Teach a man to plant the bulb and eat the leaves and flowers and he… well, he probably dies before spring, but then the rabbits do okay.
kalakal
@twbrandt (formerly tom):
My favourite is the Mississippi Bubble which shredded the French economy around 1720 and was the brainchild of John Law, a possible distant ancestor of mine.
Law and his racy life ( who said economists were boring?) was also the subject of The Gamester a novel by Omnes’ favourite – Rafael Sabatini
https://www.britannica.com/event/Mississippi-Bubble
twbrandt (formerly tom)
@kalakal: I’m rather amazed that one man, and foreigner to boot, could take over an entire country’s foreign trade, tax collection, and minting of money. He must have been quite persuasive :)
I’d definitely claim him as an ancestor, no matter how tenuous the connection.
SFAW
@Layer8Problem:
All reet, daddy-o!
SFAW
@different-church-lady:
I don’t disagree, but anything to get him away from where he can harm the public is fine by me.
ETA: Of course, that applies to most of the Rethuglican Partei. But I’m OK with starting with DeathSantis, especially before 2024.
Omnes Omnibus
@kalakal: I read that book!
kalakal
@Omnes Omnibus: I thought you would have :-)
Jinchi
It’s all about the branding.
“Tulipmania” is something any child can understand.
Uncle Cosmo
Craptocurrency Bastards Of The Universe have no problem with fiat currency – so long as they’re driving the Fiat.
Throw ’em all in the hoosegow and make ’em use up their crapto accounts to pay for their own food and water. Let them watch as the value in “fiat money” drops to zero…
J R in WV
@NotMax:
What the hell is a non-invasive hip replacement? Where can I sign up for two of them??
moops
Why is everyone all talking down the idea of collateralized debt obligation? what’s your problem with credit default swaps? Nobody is making your invest in them (because you can’t even if you wanted to). They aren’t smack talking your fiat money system (except crypto people smack-talk about fiat currency like it is a religious creed). You can all just shut up and stop talking about CDOs and CDSs and leave us alone, we aren’t hurting anyone!
different-church-lady
@J R in WV:
They’re great, as long as you’re okay with the hip on the outside.
Origuy
@kalakal: There’s also the Darien Scheme, which bankrupted the Scottish treasury and led to the dissolution of the Scottish Parliament.
J R in WV
@different-church-lady:
OK ! . . . ;~) you really have great moments~!!~
different-church-lady
@kalakal:
If only we had even that level of accountability today.
Citizen Alan
@matt: Thank you for articulating the truth better than I have been able to. I am totally using that from now on.
Internet asshole: That scene on She-Hulk with the twerking was so cringe!
Me: Okay, so the scene of Megan Thee Stallion teaching Jennifer to twerk upset you for some reason that you are unable to articulate even to yourself, so you hide behind the word “cringe” in order to (a) express disapproval without justification and (b) subtly bully people who saw nothing wrong with the scene into agreeing with you lest they feel “uncool.”
Citizen Alan
@Princess: You left out “protecting monied interests” but carry on.
Citizen Alan
@RSA: One difference between the two words is that I’ve seen “woke” used far more often by people opposed to “wokeness” than by supporters of it. (In much the same way that probably no one on the Left did more to popularize the term “political correctness” than Rush Limbaugh, albeit negatively). “Cringe,” OTOH, seems to mainly be a gatekeeper word meaning “I disapprove of this for reasons I won’t bother to articulate, and you’re obviously an uncool person if you don’t agree with me.”
Citizen Alan
@SFAW: When conservatives use the word “woke,” they are using it in exactly the same way Lee Atwater admitted to using the phrases “forced busing” and “affirmative action,” i.e. as a substitute for screaming the N-word at the top of your lungs.
different-church-lady
@hervevillechaizelounge:
It depends on whether the white man was rich or poor.
As other commenters are pointing towards, a major part of the problem is the systemic effect of keeping minorities poor. The value system, regardless of race, is poor = worthless. In a systemically racist society, keeping minorities poor creates a loop where there’s more social “excuse” for oppression, which in turn further erodes economic opportunity. It’s a double whammy, and it’s on purpose.
So yeah, go ahead and kick a white guy in the teeth. Just make sure he doesn’t have enough money to sue you into oblivion before you do.
A woman from anywhere (formerly Mohagan)
@Albatrossity: I know. Not only was it ridiculous that the cartoons were worth HUGE amounts of money, but they were ugly, so no intrinsic value (i.e. for someone to enjoy looking at them). YMMV of course.
RSA
@Citizen Alan: Oh, yeah, the usage situations are entirely different. I was just commenting on how the grammaticality sounds to my ear.
Burnspbesq
@Enhanced Voting Techniques:
it’s far from clear that crypto fits within the statutory definition of “security.” Unless it’s a security, the SEC doesn’t have jurisdiction to regulate it. You can argue that it should be, and I’ll probably agree, but until Congress acts, the Supremes won’t. And that Congressional action ain’t happening until at least 2025.