luka
Well-known member
thats made my night thank you
COINBASE for Crypto has come
WashYourHands
Cat Malogen
“Postcard from the cryptosphere”
Simon Denny, Centralized vs Decentralized Conway’s Game of Life Box Lid Overprint: Twists & Turns. 2018, UV print on Twists & Turns Game of Life box lid. 15 1/2 × 20 3/4”. Courtesy of the artist and Galerie Buchholz, New York.
THERE IS A LACK OF IMAGINATION when it comes to metaphor. “I’ll shill my balls off for a lambo.” “Every time I look at my charting I get a chub.” “there’s no way I’m buying a green dildo like that.” “XPR chart got me horny af.” “The moment people talk about $rose like that is the moment I’m dipping the bare ball sack even deeper!” “That buy wall at .7 is holdin us by our balls.” “longing ETH big dick style!”
Sometimes the market is a woman, or turns you into a woman: “whole crypto market acting like a girl on her period in these days smh.” “fuck price dropping. wtf are these women’s emotions i’m having, gotta get rid.” “If it goes to 4 dollars im gonna ape my wife and children in.” “BTC is playing with my emotions like that toxic ass girlfriend.” “$dreams scares me more than giving my credit card to my gf.”
The memes, too, lack ingenuity, offering recycled variations of Soyjak, Pepe, and the late Bogdanoff twins as puppet masters of the global markets (“He bought? Dump it.”). When the market pulls back, and crypto prices slump, a cascade of tweets link to the McDonald’s job application or a crying Wojak wearing a red cap stamped with the golden arches (“time to get a job boys”). Everyone is a bro, or a bruh, or a brah.
@HMGovt brah
Simon Denny, Centralized vs Decentralized Conway’s Game of Life Box Lid Overprint: Twists & Turns. 2018, UV print on Twists & Turns Game of Life box lid. 15 1/2 × 20 3/4”. Courtesy of the artist and Galerie Buchholz, New York.
THERE IS A LACK OF IMAGINATION when it comes to metaphor. “I’ll shill my balls off for a lambo.” “Every time I look at my charting I get a chub.” “there’s no way I’m buying a green dildo like that.” “XPR chart got me horny af.” “The moment people talk about $rose like that is the moment I’m dipping the bare ball sack even deeper!” “That buy wall at .7 is holdin us by our balls.” “longing ETH big dick style!”
Sometimes the market is a woman, or turns you into a woman: “whole crypto market acting like a girl on her period in these days smh.” “fuck price dropping. wtf are these women’s emotions i’m having, gotta get rid.” “If it goes to 4 dollars im gonna ape my wife and children in.” “BTC is playing with my emotions like that toxic ass girlfriend.” “$dreams scares me more than giving my credit card to my gf.”
The memes, too, lack ingenuity, offering recycled variations of Soyjak, Pepe, and the late Bogdanoff twins as puppet masters of the global markets (“He bought? Dump it.”). When the market pulls back, and crypto prices slump, a cascade of tweets link to the McDonald’s job application or a crying Wojak wearing a red cap stamped with the golden arches (“time to get a job boys”). Everyone is a bro, or a bruh, or a brah.
@HMGovt brah
shakahislop
Well-known member
its all bullshit isn't it. the whole thing is totally unfair. to me it's the most obvious reaction to the whole crypto thing, people making so much paper for basically doing nothing.
toko
Well-known member
"recycled" 4chan biz memes are probably some of the best. better then anything out of twitter.
Clinamenic
Binary & Tweed
Airdrop?
toko
Well-known member
no, long story short wonderland (an olympus DAO fork) was doing a ragequit at around backing price because the market price went under backing, (if your familiar with Olympus DAO mechanics). easy way to make a quick buck, because backing is mostly in stablecoins. anyway anway, I've been planning on doing this for weeks, they dragged out the process by putting it through a vote and it kinda slipped my mind. the end result: the rage quit had a 72 hours window and I missed it by a couple hours
Clinamenic
Binary & Tweed
Not familiar with Olympus. Ragequit? I just know it as a gaming term.
And Wonderland had that scandal with 0xSifu, no?
toko
Well-known member
yep. thats why the ragequit is happening. ragequit is basically the normative principle/design principle of being able to "leave" a protocol if one so desires, a byproduct of libertarian fantasy of voluntaryism. the idea is that you should be able to leave a protocol if you so desire, your funds should not be held hostage.
Olympus basically invented a new way for defi protocols to bootstrap liquidity. instead of paying out in native token they do whats called liquidity bonding. the dao gives out some future promise to x value amount of tokens and you, the user give the olympus token/eth LP share to the DAO. Basically the protocol ends up owning its liquidity rather then paying mercenary LP's to do via token rewards. this means that the DAO holds a certain amount of assets, of which the olympus token entitles you to a certain amount. So the backing price is just the number of assets held by the DAO/supply of tokens.
A ragequit in this context is basically a corporate raid, like they did in the 80s. Liquidate the company for all its worth and return value to shareholders. I did everything a good capitalist should do, and joined in the fun. unfortunately, as I said previously, i got high last night woke up late and forgot to actually participate in the ragequit/liquidation/looting of the DAO so I fucked myself.
Olympus basically invented a new way for defi protocols to bootstrap liquidity. instead of paying out in native token they do whats called liquidity bonding. the dao gives out some future promise to x value amount of tokens and you, the user give the olympus token/eth LP share to the DAO. Basically the protocol ends up owning its liquidity rather then paying mercenary LP's to do via token rewards. this means that the DAO holds a certain amount of assets, of which the olympus token entitles you to a certain amount. So the backing price is just the number of assets held by the DAO/supply of tokens.
A ragequit in this context is basically a corporate raid, like they did in the 80s. Liquidate the company for all its worth and return value to shareholders. I did everything a good capitalist should do, and joined in the fun. unfortunately, as I said previously, i got high last night woke up late and forgot to actually participate in the ragequit/liquidation/looting of the DAO so I fucked myself.
Clinamenic
Binary & Tweed
Interesting, so ragequit as exit. In the patchwork of protocols.
Yeah bummer that you missed it, it sounds like a fascinating to participate in, yet alone profit from.
On an unrelated note, have you looked into Lobby3? Andrew Yang's new lobbying DAO? Perhaps the first crowdsourced lobbying organization, but I haven't verified that yet.
Yeah bummer that you missed it, it sounds like a fascinating to participate in, yet alone profit from.
On an unrelated note, have you looked into Lobby3? Andrew Yang's new lobbying DAO? Perhaps the first crowdsourced lobbying organization, but I haven't verified that yet.
vimothy
yurp
if macro becomes a "hard science", that implies that human freedom has disappeared