Buttcoin

cross-posted from: https://lemmy.world/post/17780653

There's so much material here. Do we have a buzzword bingo card for this board?

Original link: https://www.linkedin.com/posts/calvinayre_calvin-ayre-is-all-in-on-metanet-the-better-activity-7218998633617141763-Syuz

Archive link: https://archive.is/VD7Yn

There's video! And an article! On his own site: https://coingeek.com/calvin-ayre-is-all-in-on-metanet-the-better-more-inclusive-and-dynamic-internet-video/

There's even some connection to the news of the moment (about Craig Wright): https://en.wikipedia.org/wiki/Calvin_Ayre#Bitcoin_involvement

TIL that television program “The Boys” has an in universe cryptocurrency as a satire of, well, cryptocurrency in general but also specifically that time when DJT was selling NFTs. They occasionally tweet about it.

It has a listing on the “BSCScan” crypto tracker under the name “VTC” so someone might have actually minted it? It might surprise some of you that I have no way of telling the realness of such a thing.

This post really isn't the usual faire of this community. Sorry about that. If there's a better place for me to put this, definitely feel free to point me there.

But, to the point of my post, before Bitcoin became a widespread cult, back when all Bitcoin was was a couple of posts on Slashdot, back when mining it was comparatively extremely easy/quick/"profitable", I mined some Bitcoin. About 1/20 of a Bitcoin. Just by, like, leaving my computer on for a month or so. And I still have access to it.

And Bitcoin ~~is worth~~ can be sold for $62,000 USD per bitcoin right now which makes my little 1/20 of a Bitcoin tradeable for about $3,100 of real money.

Now I know that blockchain is just straight up a scam. But I've still got this Bitcoin in a wallet on a hard drive in my posession. (I know, the wallet doesn't actually "contain" the Bitcoin. Leave me alone.)

The obvious thing to do with it would be to sell it now, but that would leave some poor chap(s) holding a $3,100 bag in a way that I wouldn't feel great about.

I could just sit on it forever. I suppose I could sell it and donate the proceeds to some cause I thought to be worthy or anti-crypto. If there were enough crypto-skeptics had cryptocurrencies and wanted cryptocurrency to die in a fire, they(/we?) could coordinate to use our collective cryptocurrency in a way that most damages the market and hopefully hastens a crash-to-zero. (But the likelihood that there'd be enough cryptocurrency in the hands of crypto-skeptics to pull that off seems low.) Or I could print out my private keys, delete them from my hard drive, and ceremonially burn the papers while chanting "web3 is going great".

And maybe this post is just me asking like-minded folks to give me permission to just sell it and leave someone holding a bag so I can buy myself a new OLED TV. Heh.

Whatever the case, I wanted to hear you folks' takes.

Edit: Thanks for the input, everyone. I'm gonna sell it.

This season's showrunners are so lazy, just re-using the same old plots and antagonists.