Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 2 years ago
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A couple months old by now, but I still find this a fascinating case study. A good old-fashioned NFT grift, unmoored from time and washed ashore as a sad, solitary UZDoom pull request in the year of the Common Era two thousand twenty six. The honorable representative of "Next Gen Software UK" seems to have taken the rejection in stride and without comment, seemingly only attempting to upstream the NFT features to promote their own fork, ODOOM.

What's the "O" stand for? Open Advanced Secure Interoperable Scalable-System obviously. That's right, they're not just making a Metaverse like in Snow Crash, they're making the OASIS like in Ready Player One, by putting a shitty social overlay into some FOSS game engines. I'm too tired to come up with a clever torment nexus joke to put here. Anyway, web3 is passé now. Their interoperability layer is web4. Their social layer is web5. Loading a WAD presumably makes it web6, and from there we'll be on pace to hit the web* singularity by 2027. That's right, AI is here too!

Now, as someone astutely pointed out, you might think that tying the ability to mint NFTs to killing enemies in a notoriously moddable game would be bad for the whole artificial scarcity thing, but our friends at Next Gen have a solution: enterprise blockchain holonic braid AI! From what I can tell, this is a delicate prompt caressing technique to write out a bunch of GOFAI symbolic logic in markdown and then get an LLM to pretty please evaluate the fuzzy logic. That's right, the cyberdemons are going to prompt so hard they'll beat you at deathmatch. In a game famous for being played at the pace of an LLM API endpoint. Blockchain-based anticheat is left as an exercise for the reader.

Obviously, this is all bullshit. One look at their generically titled landing page makes the unimaginative grift clear. You buy a token to play, the tier of token you buy determines how many loot and "quest" reward NFTs you can mint in a week so you can corner the hypothetical market by preordering, and not only are they promising a roadmap, they're so gracious that if you pay for the top tier, they'll let you write the roadmap for them! Only 20 slots left! Buy now!

I know the standard NFT project like this is supposed to prey on people who want to join a fun discord server and/or know they're looking for the next bag holder to cash out, but it still surprises me that these devs think they can get something out of it this late to the party. Did their AI blockchain compliance automation thing fall through in the wake of the Delve scandal? Did they really spend a decade in the mines preparing their get-rich-quick scheme for launch and miss the boat? …Come to think of it, "10+ years" ago is around when the Ready Player One movie was announced. Are they just really, really genuine fans of Ernest Cline's Torment Nexus?

I don't know why I felt the need to write all this, but the economic, social, epistemological, and game design failures of this horseshit, and the amount of work people are willing to put into a Potemkin software project like this never fail to astound me. Twenty-twenty-six, everyone. The best part is, for anyone actually interested in alternating back and forth between playing Doom, Quake, and a bunch of other games connected by a social layer to complete shared tasks, Archipelago already exists and doesn't want you to buy their AI-extruded membership cards. Peace on Earth, gamers.

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cross-posted from: https://lemmy.ml/post/39277400

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cross-posted from: https://lemmy.ml/post/46379297

Source: r/buttcoin

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The two cows of fintech (davidgerard.co.uk)
submitted 1 month ago* (last edited 1 month ago) by dgerard@awful.systems to c/buttcoin@awful.systems
 
 

The world of Fintech is such an incredibly dynamic place it is really hard for even a dedicated Fintech influencer to keep up. Fortunately, you have two cows.

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cross-posted from: https://feddit.uk/post/45663691

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cross-posted from: https://lemmy.ca/post/61388131

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archive: https://archive.is/fYNS4

expertise may not be transferable, but dumbass really is

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bullish on USD, this is the time to get into currency

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This could have been buttcoin, sneerclub or techtakes, but y'know pick one.

‪Lightcone is the rationalist org that runs LessWrong these days and runs totally not race science conferences.

SBF donated $6m to Lightcone. Then FTX in ch 11 wrote demanding a clawback (cos it was stolen customer funds). Lightcone ignored it. This went badly for Lightcone. They had to sell a building and their funding has dried right up.

this is Oliver Habryka, CEO of Lightcone:

"Oh man, we are being sued by FTX. I should hire a bankruptcy lawyer to prepare our defense." WRONG. I mean yes, of course go ahead and hire a bankruptcy lawyer to prepare the defense. But in-parallel use language models to prepare a defense yourself, then run the defense by the lawyer you hired until you think you understand reasonably well what the core constraints are. Then work together with the bankruptcy lawyer on the defense.

Habryka wrote this a few years after Lightcone completely fucked this one. Well done, Oliver.

https://www.lesswrong.com/s/cegJvyiP2dBkhDh2K/p/rSCxviHtiWrG5pudv

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Cross-posted from "Marxist Kitties" by @pastermil@sh.itjust.works in !microblogmemes@lemmy.world


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submitted 8 months ago* (last edited 8 months ago) by A_norny_mousse@feddit.org to c/buttcoin@awful.systems
 
 

I chose this screenshot from the introduction rounds (4 men and 1 woman iirc). The men are tough and evil overlords, and this is the woman. Clearly still aiming at an all male audience.

Inspired by an older post here. I couldn't stand the youtubers commentary so looked for the original. It seems the first season isn't up anymore, so I watched S02E01: https://www.youtube.com/watch?v=my34dTvLtLk

It's every second as dumb as you'd imagine.

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StoRe of vAluE (finance.yahoo.com)
submitted 8 months ago* (last edited 8 months ago) by hilljack26301@feddit.org to c/buttcoin@awful.systems
 
 

Buttcoin is a safe haven investment for troubled waters.

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video version - yes i did one for this too

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