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FTX collapse, Tether operations have links to online-poker cheating scandals

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Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#341

Post by loceng »

mikeyouse wrote: post #278
loceng wrote: post #277

Earlier quoted context omitted.

There are plenty of studies and cohort analysis of Ivermectin studies that show it is highly effective with the right protocol; most of the Ivermectin studies showing it doesn't work aren't using proper doses, nor at the right time, nor for long enough period of time.

No there aren't. It doesn't work and most of the studies showing any effect were fraudulent. I can't believe there are still ivermectin dead-enders out there.

https://c19ivm.org/ - 83% average prophylaxis.

Which of the 93 studies do you have trouble with, what specifically in each of those studies, and how much does that change the numbers/conclusions such as 83% average prophylasxis rate?

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#342

Post by rednerrus »

codehalo wrote: post #314
rednerrus wrote: post #289

Earlier quoted context omitted.

You're making a stronger counter argument than you think. BTC only gets a 12,000% increase because you recruit a bigger fool to pay $16,059 than the fool who paid $16,058. The only value that you've offered here is that you can eventually find a fool big enough to pay $1,925,760.

And how big is the fool who sold at $100?

Less foolish than the person bought at $69,044.77.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#343

Post by LawTalkingGuy »

mattbrewsbytes wrote: post #140
brookst wrote: post #83

Earlier quoted context omitted.

If there’s a moral obligation to fully vet the industry and operations of a company before accepting a short contracting job from them, why would one’s bank balance matter?

Does everyone fully vet their companies executive suite, board of directors and operations before accepting a job? Or the bank they use? Or the owner of the coffee shop they frequent? Everyone walks around with a computer in their pocket built in a factory where people were to have known to be treated poorly, possibly to the point of suicide and then they use that device to type in comments about moral superiority.

There are problems with using the suicide factory as a moral point expecting someone to give up an iphone.

We're generally not given a baseline for the surrounding city, area, and country. The west has suicides, China will have suicides, how does this factory compare to those? Our impact isn't explained, along with the replacement for it, on the worker, the company, demand, and so forth. If there are any better alternatives and for who, and what the apples-to-oranges weighting for that decision is. The feelings and preferences of current, post, and hopeful company/industry employees and other citizens in that area.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#344

Post by swift532 »

RC_ITR wrote: post #311
once_inc wrote: post #129

Earlier quoted context omitted.

Bitcoin is provably the only decentralized system that has permissionless, borderless, digital scarcity. Other cryptocurrencies are less secure (the many direct forks, such as Bitcoin Cash and the like), less decentralized (Solana, BNB), less permissionless (any system that can be halted by its operators) or less scarce (Ethereum's emission schedule can be changed by a single organisation). Bitcoin's value (not in te…

>Bitcoin is provably the only decentralized system that has permissionless, borderless, digital scarcity. Why do we need digital scarcity, exactly? >Other cryptocurrencies are less secure (the many direct forks, such as Bitcoin Cash and the like), less decentralized (Solana, BNB), less permissionless (any system that can be halted by its operators) or less scarce (Ethereum's emission schedule can be changed by a sing…

I am not the best person to address everything point by point as I am not putting enough thought into it, but perhaps I could point (heh) you in the right direction.

Sure you could let Visa do this (as they and Mastercard handle most online payments now anyways), and it would probably work as well as Visa/Mastercard work now, but for some people that is not good enough.

1. Differentiate clearing (telling you you now have some money) and settlement (you getting the money you "have"). For Visa and Mastercard the latter takes days or more.

2. Permissionless means that you don't need any entity's permission to transact. Visa and Mastercard definitely require permission, and on occassion don't give it for various legal but "immoral" things like porn, Wikileaks, and who knows what in the future.

3. Borderless is kind of similar to permissionless. As soon as you bring in legacy behemoths like Visa into it, this kind of goes away.

4. With decentralization, fees are determined objectively (you pay to get in, and if there is enough demand, regardless of price, blocks are full). A monopolist would charge as much as they could get away with, sometimes even if that means no transactions are being performed.

---

I would say that with a Visa(like) company, you definitely lose 2, and 4 will probably have some bullshit involved.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#345

Post by RC_ITR »

swift532 wrote: post #344
RC_ITR wrote: post #311

Earlier quoted context omitted.

>Bitcoin is provably the only decentralized system that has permissionless, borderless, digital scarcity. Why do we need digital scarcity, exactly? >Other cryptocurrencies are less secure (the many direct forks, such as Bitcoin Cash and the like), less decentralized (Solana, BNB), less permissionless (any system that can be halted by its operators) or less scarce (Ethereum's emission schedule can be changed by a sing…

I am not the best person to address everything point by point as I am not putting enough thought into it, but perhaps I could point (heh) you in the right direction. Sure you could let Visa do this (as they and Mastercard handle most online payments now anyways), and it would probably work as well as Visa/Mastercard work now, but for some people that is not good enough. 1. Differentiate clearing (telling you you now…

Ok, let me point you in the competing direction:

1. This has nothing to do with cryptocurrency. There is literally nothing about a decentralized trustless architecture that makes this happen. You're falling into the common trap that crypto people fall into where they equate criticisms of the current centralized system with 'possibilities of a decentralized system,' when really what they mean is any hypothetical new system could be better than the current one. All else equal, a centralized system will be faster no matter what (i.e. this is a major reason why servers are centralized) and I agree we should be working on better/faster centralized systems.

2. You definitely need the permission of the miner/validators/whoever to transact [0]. You also need to convince them to put your transactions into the block and there is nothing that compels them to do so other than the same economic incentives that motivate Visa. You are again, criticizing the system now and imagining that a decentralized system is better.

2A. To break down the problem a little more clearly for you - Visa's main service (what it makes money doing) is actually fraud protection, since as you must know bank's can very easily settle between each other over other rails. Visa chooses not to process transactions that are at high risk of fraud/illegal activity, because they have regulatory liability. Miners not having regulatory liability isn't a function of decentralized trustless architecture, it's a function of being new. Either blockchain is similar to a wire transfer (something that porn companies still have full access to) or it's similar to Visa and will face the same problems.

3. I suggest you google the countries where it is illegal to use crypto to buy goods/services (governments plan on keeping currency controls intact after all!). The shear number will astound you!

4. Not sure on the monopolist point there, but again, Visa/Mastercard/Amex compete on swipe fees (look at the Costco example!) so I'm not sure what this decentralized point you're making really is.

[0] https://cryptobriefing.com/solana-blockchain-halted-for-eigh...

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#346

Post by codehalo »

rednerrus wrote: post #342
codehalo wrote: post #314

Earlier quoted context omitted.

And how big is the fool who sold at $100?

Less foolish than the person bought at $69,044.77.

Only if that person who bought at $69,044.77 was a fool to sell.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#347

Post by moistly »

loceng wrote: post #340
moistly wrote: post #312

Earlier quoted context omitted.

That is a load of lying horseshit.

I bet you believed that Pfizer studied for transmission of COVID-19 up until a week ago too, or maybe you haven't heard that news yet? P.S. https://c19ivm.org/ - 83% average prophylaxis.

And where is it “effective”? Why, countries where internal parasites are a huge issue. Funny, that. It’s almost as if it isn’t a Covid treatment, but a parasitic infection treatment!

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#349

Post by loceng »

moistly wrote: post #347
loceng wrote: post #340

Earlier quoted context omitted.

I bet you believed that Pfizer studied for transmission of COVID-19 up until a week ago too, or maybe you haven't heard that news yet? P.S. https://c19ivm.org/ - 83% average prophylaxis.

And where is it “effective”? Why, countries where internal parasites are a huge issue. Funny, that. It’s almost as if it isn’t a Covid treatment, but a parasitic infection treatment!

You bought into that narrative too eh?

You're correct that in Africa, in places where Ivermectin is regularly deployed due to parasites had much lower rates of COVID and death from COVID - but no, you're wrong - that's not where those 93 studies were conducted.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#350

Post by arisAlexis »

jjulius wrote: post #339
arisAlexis wrote: post #336

Earlier quoted context omitted.

There is no lin. Corporate lawyers work in hundreds of cases during their career and you cannot say that company X is guilty because Y guy worked N years before in a guilty company. That's just insanely wrong, factually.

The headline does not say "company Z is guilty because Y guy worked N years before in a guilty company". That is in the body of the article, and again, that is what you have an issue with. Again - a link is a link, regardless of whether or not it means anything. It is a connection between two entities; nothing more, nothing less. They touch each other, and that is literally what is happening here. That link can be an…

Would you think if the dog of SBF ate the same food as the dog of a former Enron employ would be a link?
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