I don’t know that I have that kind of faith in my fellow humans any longer. But, from his keyboard to FSM’s noodly appendages, so say we all.

Time to invest?

A very odd statement given the nature of blockchain. It’s not like they need to dig through hand written ledgers and trade orders from notebooks.

ER - Night Shift: Ep.12 “The Depegging Event”

Sounds like a scene from Everything Everywhere All At Once.

iunderstoodthatreference.gif

BOFH gear

Bitcoin is almost always bought and sold on centralised exchanges, which means they won’t appear on the blockchain ledger.

The stupid in half those thread posts is mind boggling.

Want to know why he wants to preserve the community? Because he knows those people are stupid enough to be scammed again.

Also in that thread:

I’m shocked to learn that this crypto bro is a piece of shit.

Speaking of:

Eventually folks are going to realize that the story surrounding all these crypto events can be distilled to a real simple narrative: “Grifters conned suckers.”

That’s all there is here. There is literally nothing of value taking place in the crypto space. It’s just one big get rich quick scheme.

Even if they weren’t grifters, who in the right mind is putting money into technological schemes created by these novice developers? It’s not like crypto bros are generally grizzled veterans of the operating system wars. This Do Kwon guy, okay he did graduate from Stanford, but his prior work experience according to wikipedia is:

Kwon completed high school at Daewon Foreign Language High School and studied computer science at Stanford University, graduating in June 2015.[10][11] He worked as an engineer at Apple and Microsoft for three months each.[12][10] Afterwards, returned to South Korea to start a company in September 2015.[13]

He worked as a professional developer for six entire months! That’s not even enough time to slap the /r/programmerhumor memes out of someone’s head.

It’s amazing anyone would invest in a financial scheme a guy with so little experience was pitching, even more amazing when his track record was six months as a developer, and trying and failing the exact same scheme.

Former Terra employees have claimed that Kwon was also the founder of another failed stablecoin project called Basis Cash, which got its inspiration from a different stablecoin project called Basis (formerly Basecoin).

Hey, it’s crypto, you don’t need to know who the people are, trust the code!

Well Do Kwan no doubt no has tens if not hundreds of millions of dollars in dirty Fiat Currency right now, so it’s a smart move on his end, even if he’ll never get a respectable programming job again. A lot of this Web3 stuff are these kinds of young and hungry types looking to cash in and cash out.

I mean, it was a naked ponzi scheme and everyone hyping it absolutely knew it and anyone who bought in because they thought that 20% interest wasn’t a giant flashing ponzi sign lacks the critical thinking to evaluate software development credentials.

If this article is literal and the value was indeed hardcoded to one, that’s amazing. What a reinforcement of how these crypto bros are complete noob developers.