Just when I thought that Bitcoin could not possibly become any more stupid, I saw this on Reddit.

https://www.msn.com/en-us/money/markets/the-bitcoin-halving-really-is-different-this-time/ar-BB1kb6o5

The halving will occur at block height 840,000 (a count of how many blocks have been hashed to the blockchain), and already people are predicting that will be the most valuable block to be mined to date. This is related to the point above: Ordinals works by assigning serial numbers to individual satoshis (or sats, the smallest denomination of BTC), which turns a fungible asset like bitcoin into something with provenance, identity and scarcity.

Tristan, the founder of Ordiscan.com, which tracks Ordinals projects, predicts that collectors of these “rare sats” could value the data in block 840,000 at $50 million dollars. Under the “Rodarmor Rarity” system, which assigns value to Bitcoin protocol events like difficulty adjustments and halvings, the first satoshi in the block alone could be worth upwards of $1 million, he wrote in a blog post.

They’re turning Bitcoins satoshis into NFTs. And if you thought spending money on links to monkey jpegs was stupid, how about buying a random-ass hash?

Yeah, the joke is that he just assumes living a comfortable life without struggle equals falling down the consoomer rabbit hole and blowing your dopamine stores on watching porn the whole day or something, and not that you could use it for any number of fulfilling activities.

I’d take the boring, comfy life any time, and when I want something challenging to do, I pick learning to play the violin over going out and starting a race war, thank you very much.

This was worse than I imagined from the quotes. I feel like I need to take a shower, now.

[…] which would severely limit the Federal Reserve’s ability to control the economy while exporting inflation abroad, and likely bring our material standard of living down to a German or Dutch level

According to this Quality of Life index which I just searched up and have not critically assessed, but I doubt the guy did that either for his claims, so I guess it’s fine, the Netherlands rank second and Germany ranks 12th, while the US is on the 15th place. In other words: what is he even talking about?

Every day in this country more and more Hispanics marry corn-fed blonde midwesterners and produce pale Castizo children who only speak English, consider themselves basically White, and vote like Irish and Italians.

Jesus fucking Christ, I can’t even come up with a funny sneer here because this reads like he just pulled it out of the 1940s Nazi Party’s bag of race laws for who’s allowed to marry whom, and it’s making me feel icky.

I also subscribe to the old fascist idea that adversity gives life meaning. A comfortable and easy life without struggle or conflict is miserable, and just makes you a slave to the hedonic treadmill. When you live for pleasure, no pleasure is ever enough, and continued success will just leave you so pampered that any task that’s challenging or outside your comfort zone will begin to feel onerous.

Ignoring the low-hanging fruit that this guy just flat-out said “well, fascism wasn’t all bad”, what kind of toxic consumer mentality is ingrained in these chucklefucks that they are seemingly unable so sit their sorry asses down on the couch and just say, yeah, I’m happy right now, to the point where they just postulate that other people must feel the same way, because they just can’t imagine anyone being different?

Like, seriously, get a hobby or something.

Meanwhile, Tether has printed 11 billion tethers just since the start of 2024. It’s at 103 billion tethers and counting.

We suspect the tethers are being printed out of thin air and accounted as loans — the fresh USDT is “backed” by the loan itself.

I am not a financial expert by any means, so maybe I’m totally missing something here, but I really do not understand how Tether isn’t the most obvious scam of all time.

It feels like the type of scheme a high schooler would come up with and call it an “infinite money glitch” while patting themselves on the back for just outsmarting Warren Buffett.

Once they finally opened I tried their food and it sucked.

So it was at least accurate advertising on their part.

There seems to be some legitimate research into the effectiveness of anti-aging compounds like retinol, also they’ve come out with some good advice like wearing sunscreen, drinking enough water, and eating balanced diets to promote skin health which reduces the signs of what we usually associate with aging, if you count that.

I am convinced at this point that Sora is an unfinished mess and the only reason they pushed it out the door is because they needed money.

Didn’t Sammy go grifting in the UAE shortly after?

And then two of their developers alluded that it’s unfinished and said it won’t be released anytime soon, just for their CTO to shut them down two days later and saying, No, no, it’s totally coming later this year.

They could’ve made it do something cool and novel, like a cat riding a pink unicorn fighting dragons. Or probably not, because it can’t do that, so instead they made it their selling point how good it can fake reality during an already juicy election season and applauded themselves for it.

I might try and put something together at some point and see if I can make it entertaining.

Dammit, I knew the name sounded familiar.

I tried to find the video but apparently it was deleted, but there’s still a thread about it on productivity Reddit and even they seem to think it’s a bit much.

That guy (and the whole toxic productivity mindset in general) is a rabbit hole all by itself.

They aren’t EAs? At least one of them literally has a profile on LW, as pointed out in the other thread about this.

But maybe they consider themselves to fall somewhere else in the TESCREAL acronym. There’s six more letters to choose from, after all.

My first mini sneer. Hope it fits the criteria.

I frequent some (very AI-critical) art spaces, and every now and then we get some trolls who act like literal anime villains, complete with evil plans and revenge plots, but unfortunately without cool villain laughs.

I always wonder if those bozos all were stuffed into a trashcan by a gang of delinquent artists in high school, judging from the absolute hate-boner they seem to have.

I’ve deliberately not been talking about it online to aid in keeping it from their knowledge as long as possible.

Not sure if he knows that not all artists live in caves and make cave paintings. And even those who do probably have a smart phone with them, for better or worse. So I’m afraid his nefarious plan doesn’t quite work out.

I knew it would scare the anti-Al shitless, because it completely bypasses scraping, datasets […].

Shaking in my chair over here, but I still don’t understand how this negates the needs for scraping and datasets. Just because I can attach a reference image to my prompt doesn’t mean the waifu generator can suddenly operate without training data.

I foresee a full-on tantrum when this becomes commonly known.

I mean, it’s not like Midjourney put out a big-ass announcement for that feature or anything. It’s totally a secret that only an elite circle knows about.

Hi, I’m Mii (u/0xMii on Reddit), software dev and hobby artist. I was a lurker on old SneerClub and TechTakes and only recently found out they moved here. Glad to have it back, because with the current AI hype, the TESCREAL clowns creep in everywhere and I’m trying to maintain my sanity.

They almost got me and pulled me into their cult a few years back, but I luckily got out before it was too late.