bit¢oin$

buy 76.99 ETH, sell 24 hours later for 769.9 ETH

instant $1m "clean" money

let none say "glaringly obvious monkey laundering"https://t.co/eMdzBefwML

— your #1 source for absurdist true crime 🐍👑 🌷 (@davidgerard) September 1, 2022

yes, please let NFTs now be referred to solely as "monkey laundering"

otm, brilliant

#Bitcoin is dying pic.twitter.com/2N58QjudNO

— Bitcoin Magazine (@BitcoinMagazine) September 4, 2022

#Bitcoin 1-year trailing return has been a good indicator of bottoms. According to this, the bottom is not in yet, but might likely be before the end of this year. 2023 looks like a rebound year in many respects. pic.twitter.com/8kfTBVAHqS

— Timothy Peterson (@nsquaredmacro) September 3, 2022

Yes 2024 will be good! #BTC pic.twitter.com/2kTiLI3RZ4

— Seth (@seth_fin) September 4, 2022

seems like a great experience!

Introducing Starbucks Odyssey, a new experience that will offer the ability to earn & buy digital collectibles (NFTs) that will unlock access to new coffee experiences. Join the waitlist to be among the first to explore Odyssey. https://t.co/Kze11sab1D

— Starbucks News (@StarbucksNews) September 12, 2022

This reminds me a lot of that pre-crash era of the web where every corporate brand suddenly understood that they "needed a website" but had no idea wtf to do with it

pretty funny that the web3/nft boom was short enough that the corporate products werent even out before the crash

lol yeah, that was probably in development for like 15 months and then they're like "oh fuck, what do we do with this now?"

figuring out how to trade in your nft for a free coffee before youve had coffee

obviously this is just a huge company with unlimited money splashing around but why did starbucks feel like they needed to be first to market with digital customer rewards collectables theyre a coffee company i think they can afford to wait and see if its just some bullshit craze and or money laundering scheme

dunkin donuts did not do this they stuck to their core competency of figuring out how many sugars you can put in an xxl coffee

are these actual nfts is this "crypto" or is it just some badges living on starbucks servers

Limited-edition stamps will also be available for all members to purchase directly with a credit card in the app.

No crypto wallet or cryptocurrency needed. This is the right strategy. Crypto complexity should all be abstracted away in the backend.

— Aylo (@alpha_pls) September 12, 2022

Members can also purchase ‘limited-edition stamps’ (NFTs) through a built-in marketplace within the Starbucks Odyssey web app experience. Limited-edition stamps will be available for all members to purchase directly with a credit card. No crypto wallet or cryptocurrency will be required – making the Starbucks Odyssey experience a fun and easy way for members to access this new technology and claim an ownership stake in their loyalty to Starbucks.

Each digital collectable stamp will include a point value based on its rarity, and the stamps can be bought or sold among members within the marketplace, with ownership secured on a blockchain. As stamps are collected, members’ points will increase, unlocking access to unique benefits and experiences that have never been offered before. These experiences could range from a virtual espresso martini-making class, to access to unique merchandise and artist collaborations, to invitations to exclusive events at Starbucks Reserve Roasteries or even trips to Starbucks Hacienda Alsacia coffee farm in Costa Rica.

go ahead folks keep mocking this as you continue to live out the same coffee experiences every single day of your life

I tried to sign up but the waiting list wouldn’t load.

Wait, it just worked! Have fun staying coffee pour.

lol kudos

No crypto wallet or cryptocurrency will be required – making the Starbucks Odyssey experience a fun and easy way for members to access this new technology and claim an ownership stake in their loyalty to Starbucks.

This part is especially funny/cruel

Proof of loyalty to Starbucks stake, perpetually coming soon

this is really one of the best corporate brain documents weve seen in a while

I use Duolingo. There are badges on there. I collect then because I am a freak in the language learning sheets. If Duolingo records the status of my badges on a blockchain, does that make it as much of a NFT proof of loyalty to Duolingo than the Starbucks system? Or will the Starbucks investor loyalty team be able to also trade in 40 badges + $40 to be included in a list of 32,000 names that scroll by in an instant at the end of the new online only Starbucks advertisement? Because I want that badly

I want my name to scroll in the credits, size venti please

all wishes granted in web3

seem pretty clear this isnt "real blockchain" "real nft" and why would it be starbucks doesnt want some freak putting kiddie porn into their beautiful and fulfilling customer rewards app

like theyre probably "using blockchain tech" but they control it totally and theres no way to move any of the assets outside their system

or maybe its not "really a blockchain" its just a normal database and app that would be the funniest

are they "publishing to an immutable ledger" and is it publicly readable

all the crypto brethren are stoked on this regardless because theyre all just trying to get rich and hope this will legitimize their technology that is exclusively used for fraud

love abstracting things away in the backend

heh

obviously this is just a huge company with unlimited money splashing around but why did starbucks feel like they needed to be first to market with digital customer rewards collectables theyre a coffee company i think they can afford to wait and see if its just some bullshit craze and or money laundering scheme

― lag∞n, Tuesday, September 13, 2022 8:30 AM (four hours ago) bookmarkflaglink

I think Starbucks is publicly held but, outside of the franchise/kiosk/merchandising bit, they don't have any other corporate holdings

publicly held corporations have to continually demonstrate some sort of... thing.. to shareholders every year (or even every quarter) to show that they're chasing after some new profit margin, or incentivizing customers to spend more money. if there are multiple properties (Dunkin is part of a group with Baskin Robbins and some other donut chain) you can keep rebalancing between the properties to show you're doing something, but if you're a single-brand property you end up doing loopy shit so that some stock market analyst doesn't underrate your stock. as far as I can tell, stock market analysts are 50% metrics and 50% complete hype

they shouldve done something else! injectable coffee idk coffee for babies those are two superior ideas i came up with just now

love abstracting things away in the backend

― mookieproof, Tuesday, September 13, 2022 3:55 PM (three hours ago) bookmarkflaglink

agree

totally normal

https://pbs.twimg.com/media/FdO4ewEXkAEqHJ_?format=jpg&name=900x900

Ah yes, % Drawdown from previous ATH, that universally-respected measurement of value.

When I was at sixth form my friend did an A-level stats project to show Birmingham city were the best football team, he settled on "highest average match attendance compared to average for their tier, in the top 4 tiers of English football"

did he factor in the "Jasper Carrot Fandom Quotient"?

Does anyone who knows stuff have a comment on ethereum’s shift to proof of stake, which seems to have worked (?) and how that might affect the other shitcoins?

yikes

"The Commission defines the Ooki DAO unincorporated association as those holders of Ooki tokens that have voted on governance proposals with respect to running the business"

If you are an Ooki token holder who voted on governance proposals you just got charged... https://t.co/eqek0aD3wU

— db (@tier10k) September 22, 2022

Does anyone who knows stuff have a comment on ethereum’s shift to proof of stake, which seems to have worked (?) and how that might affect the other shitcoins?

― Karl Malone, Thursday, September 22, 2022 10:25 AM (seven hours ago) bookmarkflaglink

there are so many arcane almost occult questions around this stuff but this is a kind of interesting regulatory detail, one that apparently a lot of people were warning about before the switch, also my understanding is ethereum still has a number of more steps before the switch is fully complete, and itll prob take time to see if its "working", but they are actually as of now no longer consuming enough electricity to power a mid sized country which is certainly good news

Hours after Ethereum transition to proof-of-stake, SEC Chair says PoS crypto could be classed as securities

September 15, 2022https://t.co/wSut0OP8hc pic.twitter.com/PUBOW3ydAS

— web3 is going just great (@web3isgreat) September 17, 2022

if proof of stake coins get classified as securities but proof of work ones dont then it seems pretty unlikely other coins will switch over, i guess the logic is that theres more cooperation between parties in the POS system

the ol say youre doing one thing then do another gambit

.@SBF_FTX has built a reputation as a crypto white knight, saving struggling firms through massive investment. But is this true?https://t.co/WyMcBI977D

— Protos (@Protos) October 15, 2022

huge crypto feature by matt levine https://www.bloomberg.com/features/2022-the-crypto-story/

ive only started it but its probably very good

very adam curtis-like video intro at the top

DISTRUST
TRUST
SATOSHI
MINING
BLOCKS
KEYS
WALLETS
CONTRACTS
NFTS
BOOMS
WINTER
PONZIS

thank you for the head's up, i'm going to chip away at it today.

lol true xp

*tips cap*

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iW7vesxsTfGU/v0/3000x-1.jpg

oh no the text is gone lol

https://i.imgur.com/Cbfswzh.png