figured it's time for a thread outside the standard crypto one to post about NFTs. I see a lot of people making money off of them, but I don't like 'em (I've never been good at making money).
Currently they remind me of the "buy a star" type businesses, but idk
― Bongo Jongus, Tuesday, 9 March 2021 19:44 (three years ago) link
Eat your heart out, Walter Benjamin.
― pomenitul, Tuesday, 9 March 2021 19:48 (three years ago) link
I remember when I worked in crypto, encountering enthusiasts at meetups, the general perception among devotees was that it was going to be a force for economic equality. Turns out it's just another great way for the rich and well-connected to get richer! Who could have seen this coming???
― stimmy stimmy yah (Simon H.), Tuesday, 9 March 2021 19:51 (three years ago) link
One for the human nature thread.
― pomenitul, Tuesday, 9 March 2021 19:52 (three years ago) link
enh, I didn't take it as a matter of human nature so much as (once again, as we learn time and time again) there being no purely technological solutions to political problems
― stimmy stimmy yah (Simon H.), Tuesday, 9 March 2021 19:55 (three years ago) link
I agree with that, obv., I'm just consistently impressed with how innovative we are at squandering our potential for justice.
― pomenitul, Tuesday, 9 March 2021 19:57 (three years ago) link
out of all of the recent articles and lectures about NFTs that I've looked at, I've yet to see anything about them that makes them have any value other than people seem to be paying a lot of money for certain ones. So idk, is the fact that purchasers are seeing this worthless/pointless thing as being valuable enough for it to have a future?
― Bongo Jongus, Tuesday, 9 March 2021 20:06 (three years ago) link
Reminds me of
https://en.wikipedia.org/wiki/I_Am_Rich
― pomenitul, Tuesday, 9 March 2021 20:07 (three years ago) link
The only NFT’s I care about are Nice Fucken Titties— Stavros Halkias (@stavvybaby) March 8, 2021
― longtime caller, first time listener (man alive), Tuesday, 9 March 2021 20:24 (three years ago) link
yawn, pungent tokin'
― underminer of twenty years of excellent contribution to this borad (dan m), Tuesday, 9 March 2021 20:26 (three years ago) link
it's a nice way for grimes to have her own mad money... so she doesn't have to keep asking what's-his-name
― Andy the Grasshopper, Tuesday, 9 March 2021 20:39 (three years ago) link
I didn't mean to approach this in a purely negative manner, and I wanted this new (to me) promising way to sell/own art to actually be new/different, but I can't see it. Everything that tries to be convincing reads as gibberish to me
― Bongo Jongus, Tuesday, 9 March 2021 20:50 (three years ago) link
this sucks bcuz it has absolutely nothing with art and everything to do with goobers that have bad taste and (like bitcoin) it will be a succeess and make goobers rich
― kurt schwitterz, Tuesday, 9 March 2021 20:56 (three years ago) link
I think they are mostly dumb & bad. Sure, artists could use them to make a lot of money if 1) they're already successful and have a dedicated fanbase, or 2) they have a lot of rich friends/connections.
Sure, streaming to the whole world for micropennies didn't work, but that doesn't mean that going back to the patronage system is the answer.
― change display name (Jordan), Tuesday, 9 March 2021 20:58 (three years ago) link
Maybe free market artificial scarcity is just a bad idea.
― fajita seas, Wednesday, 10 March 2021 03:14 (three years ago) link
If I had a time machine I would use it to go back to the moment when I googled “NFT” and “crypto art.”
I would approach my past self and place my present hand on my past hand, taking it off the mouse.
“Don’t. Don’t ever. Knowing about these things will make you feel stupid that they exist. Forget these things. Look at porn or something. Live your life.”
― Cow_Art, Wednesday, 10 March 2021 03:22 (three years ago) link
Beeple auction ends Thurs I think
― calstars, Wednesday, 10 March 2021 03:31 (three years ago) link
This is stupid nobody should post about this including me
― Canon in Deez (silby), Wednesday, 10 March 2021 03:33 (three years ago) link
NFT porn though - surely that's already a thing?
― change display name (Jordan), Wednesday, 10 March 2021 03:36 (three years ago) link
simon h., kurt schwitterz, and silby otm. i will never be able to muster any reaction to things like this or bitcoin other than uncomprehending horror and disgust tbrrwu.
― map ca. 1890 (map), Wednesday, 10 March 2021 03:36 (three years ago) link
All this really is is a way to create a digital certificate of authenticity. I guess that's ok but doesn't strike me as game-changing. I don't see it as a revolution for the art world, more like the creation of a somewhat pointless digital memorabilia market. I don't think there will be any significant market for non-celebrity-driven NFTs. I think there are enough silicon valley assholes, marks, bitcoiners etc. with unreasonably stupid amounts of money to keep sales of the more famous of these going for a while. Upper middle class people buy (non-famous) paintings and middle class people buy prints and posters because they make your home look nice. NFTs don't have any real world value along those lines, they're solely digital collectibles. And I get a bit of a Second Life vibe from the energy around them, which makes me wonder how long they'll really last as a phenomenon.
― longtime caller, first time listener (man alive), Wednesday, 10 March 2021 04:25 (three years ago) link
I probably would’ve expected bitcoin to fizzle out by 2016 or so and here we are, fuck the earth
― Canon in Deez (silby), Wednesday, 10 March 2021 04:26 (three years ago) link
xpost azaelea banks just did one of these for an "audio sex tape"
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 10 March 2021 04:27 (three years ago) link
smh
― pomenitul, Wednesday, 10 March 2021 04:28 (three years ago) link
I would just add to my previous comment: it actually makes me sort of sad to think about all the scams and grifts that have come to define the space, not because they weren't predictable (at least 50% of the major players to come down the pike since Satoshi, by my estimation, are/were full-on grifters or con men), but because I met a lot of people who really were hoping for a more ethical alternative to the financial system that had just screwed so many, and didn't (just) see crypto as a get-rich-quick scheme
― stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 05:28 (three years ago) link
Yeah but it’s just a bad database
― Canon in Deez (silby), Wednesday, 10 March 2021 05:29 (three years ago) link
There’s only one financial system
you're preaching to the converted!
― stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 05:46 (three years ago) link
I don't feel that sorry for people for credulously buying into the Esperanto of currencies.
― longtime caller, first time listener (man alive), Wednesday, 10 March 2021 05:54 (three years ago) link
it's just that it's also causing global warming
― Canon in Deez (silby), Wednesday, 10 March 2021 06:35 (three years ago) link
I hate them because they are based on this underlying idea that the blockchain is this eternal unerasable record instead of a disgusting waste of resources which needs to be declared illegal and dismantled asap
― Bastard Lakes (Camaraderie at Arms Length), Wednesday, 10 March 2021 07:49 (three years ago) link
A lot of it is very likely to be money laundering (like pretty much every cryptocurrency thing), or just financial speculation shenanigans - it's worth it for people to spend big to bolster the hype, as long as they can manage to sell what they bought for even more before the market crashes. I would be a little surprised if most of the hype doesn't die out before the end of the year, it doesn't seem to have the sort of longer term speculation potential as bitcoin does but idk
― ufo, Wednesday, 10 March 2021 08:49 (three years ago) link
i cannot believe i had to write this. but.https://t.co/ZO3wQyQh1K pic.twitter.com/cau0kixLYB— everest (@everestpipkin) March 3, 2021
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:56 (three years ago) link
i had one digital acquaintance who appears to have gotten (even more?) rich off of this. she made the same gif over and over, a shot of a CRT TV screen, panning left and right, 500 different times over. lately she got really into the NFT scene and was early and made a bunch of money.
i guess at one stage in my life i might have tried. at this point, i shake my fist at it and say YOU DUMB FUCKS
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:58 (three years ago) link
then again, i'm literally litsening to a simple twist of fate right now, so maybe it is i who is the dumb fuck
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:59 (three years ago) link
my initial thoughts on NFT were that that some aspects of it were worthwhile goals: mainly, some sort of "ownership" over a digital file (and now, i realize, not just digital), some sort of means of tracking who made something. when i made more things, i would get really frustrated about seeing people use my things wholesale - boingboing does it like every 9 months and i always publicly whine about them. even though i'm sure they're wearing dirty jeans like i am.
but everest (see that tweet/medium essay) makes good points that acknowledge that but also make clear that this particular implementation of it fucking blows. i think i'm more optimistic about it than they are. but yeah, i follow some gif dude who has had a handful of his gifs already "minted" by someone else - i mean, what? is this just the first gold rush where you're a dumbass if you don't mint everything you made that might be valuable? ...or is everyone just a giant fucking asshole?
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:05 (three years ago) link
you can browse through all the shit that's being minted. it's so bad. everything is bad. but i may be missing the forest for the trees. there are so many things being "minted" every minute, now. wtf does this mean? what if everything became minted? what if everything was auto-minted and part of a market, whether we wanted that or not? is there anything preventing someone from minting ILX as token? wtf am i even talking about? what a fucking asshole? what the fuck? see what i mean
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:07 (three years ago) link
then imagine you visit this thread in 4 months and some jerk has made $45K off of it on NFT and you don't even know how
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:09 (three years ago) link
anyway, maybe this will be the rare crypto thing that gets regulated, because now Giphy (I think owned by facebook?) is mad about NFTs using Giphy images (which are actually made by real people, not them) so they're issuing a very official Twitter "hey-quit-it" notification to all
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:10 (three years ago) link
NFT's value is built upon an escalating equation that becomes more difficult to solve. as everest says:
...in a digital context scarcity must be constructed- there is nothing that demands the next block in the blockchain be harder to make than the last. If anything, the opposite should be true- computers grow ever more efficient and p"owerful. This means any scarcity is artificial, a process that demands ever more energy, ever more resources lost to continue to operate and return, for no other reason than to insure that tomorrow it will be even more expensive- which makes the wastefulness of today a good investment.This is why cryptocurrency is valuable. There is nothing high-tech about it. There is no miracle. It is simply futures speculation without the speculation- no guessing required, because we know it will be more wasteful tomorrow; it is baked into the tech.All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future.
This is why cryptocurrency is valuable. There is nothing high-tech about it. There is no miracle. It is simply futures speculation without the speculation- no guessing required, because we know it will be more wasteful tomorrow; it is baked into the tech.All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future.
right?
― Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:21 (three years ago) link
I had an idea to make some gifs of giant warehouses of bitcoin computers turning into desolate post-apocalyptic wastelands and sell them as NFTs
― Bastard Lakes (Camaraderie at Arms Length), Wednesday, 10 March 2021 14:42 (three years ago) link
Ethereum “has been moving” to proof of stake for almost as long as it has existed. It has been so long that “Eth 2.0 PoS Coming Soon!” is something of a running joke.
this really was a tremendous irritant when I was working "in the space"
― stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 14:52 (three years ago) link
NFT's the only explainer you will need pic.twitter.com/2yM1LVh1Wk— SPAC Lindzon (@howardlindzon) March 11, 2021
― longtime caller, first time listener (man alive), Thursday, 11 March 2021 14:50 (three years ago) link
The digital art community is basically imploding right now as it has polarized into for and against jumping onto this train. People that knew nothing about this two weeks ago, are now cool with creating dox lists of other artists they think are on the wrong side. It’s pretty distressing.
― Kim, Thursday, 11 March 2021 14:57 (three years ago) link
There was a company several years ago (a buddy briefly worked there) selling authenticated, digital sports trading cards... this is nothing newish.
― Andy the Grasshopper, Thursday, 11 March 2021 17:26 (three years ago) link
the difference is that the blockchain stuff makes it extraordinarily inefficient & is solely responsible for all the hype & ridiculous money being thrown around
― ufo, Thursday, 11 March 2021 21:11 (three years ago) link
https://www.wsj.com/articles/nba-top-shot-nft-crypto-digital-collectibles-11615266042?mod=e2tws
Bros with $200k to set on fire passing this shit around hoping to not be the last one holding
― Joe Bombin (milo z), Friday, 12 March 2021 04:01 (three years ago) link
Hot potato shit
― calstars, Friday, 12 March 2021 04:05 (three years ago) link
are people actually making dox lists?
honestly i am unfollowing #NFT evangelists, though. the shit is gross. don't know what else to say, it's just sad. i do understand why some people disregard the whole "cosmically unnecessary electricity usage at a time when ...god am i writing this again? fuck" thing - no one's making money off of digital art, or if you did you had to sell your soul in order to get compensated. and now this is finally a chance for some people to buy a couple lottery tickets, mint their cool shit, and hope it takes off and makes them some money. i guess i can understand that. i think it's wrong to do, when you're aware of what the actual costs are, or if you imagine a world where NFTs were successful and transactions continued to exponentially grow. that's why the evangelists bother me, because they should know better
― Zach_TBD (Karl Malone), Friday, 12 March 2021 04:18 (three years ago) link
beeple sold a NFT at christie's for $70M today (it was actually a bit lower than but fuck)
― Zach_TBD (Karl Malone), Friday, 12 March 2021 04:19 (three years ago) link
junk bonds seem like a safer investment
― more difficult than I look (Aimless), Wednesday, 20 September 2023 21:11 (six months ago) link
https://www.theguardian.com/technology/2023/sep/22/nfts-worthless-price?CMP=share_btn_fb&fbclid=IwAR2dm0pbu3pafd62hAJdXhfi8UcOdIuZjYlSXdStoKnzVWILvDyOIVOk_PA
― Hereward the Woke (Ye Mad Puffin), Sunday, 24 September 2023 15:54 (six months ago) link
nfts-worth-price?$wAR2dm0pbu3pafd62hAJdXhfi8UcOdIuZjYlSXdStoKnzVWILvDyOIVOk_PA
― vashti funyuns (sic), Sunday, 24 September 2023 22:26 (six months ago) link
POV: You bought an expensive JPEG and flight to Hong Kong to attend a festival and almost lose your eye sight. Yuga never disappoints. pic.twitter.com/Ob3Ry4OApW— YallahHabibi 🦭 (@YallahHabibiBTC) November 5, 2023
― Number None, Monday, 6 November 2023 18:11 (four months ago) link
Cream Curtis
― a very very unfair (Neanderthal), Monday, 6 November 2023 20:02 (four months ago) link
Non fungible eyesight— Coop🚨 (@coopernicus01) November 5, 2023
― a very very unfair (Neanderthal), Monday, 6 November 2023 20:03 (four months ago) link
Apparently a similar thing happened in HK at a hypebeast party a few years ago but I can't see if the attendees were permanently blinded or if they eventually healed.
― papal hotwife (milo z), Monday, 6 November 2023 20:18 (four months ago) link
In the land of the blind, the one-eyed man is Hypebeast
― Beyond Goo and Evol (President Keyes), Monday, 6 November 2023 20:20 (four months ago) link
it happened at the Feeding of the 5000 but Jesus showed everyone this special trick to get their eyesight back, doctors hate this guy
― a very very unfair (Neanderthal), Monday, 6 November 2023 20:33 (four months ago) link
vg+
― Mark G, Wednesday, 8 November 2023 13:22 (four months ago) link
Ha HA
https://www.nytimes.com/2023/11/21/technology/binance-changpeng-zhao-pleads-guilty.html
― Ned Raggett, Tuesday, 21 November 2023 18:46 (four months ago) link
A massive theft appears to be happening right now --- all these NFTs have been stolen from wallets... some of the absolute top tier apes. pic.twitter.com/fHPqTT8Vqg— NFTstats.eth (@punk9059) December 16, 2023
It is hard to put to words how devastating this is. Absolutely terrible. See below from Dingaling. https://t.co/eeVAOpURvN— NFTstats.eth (@punk9059) December 16, 2023
― 𝔠𝔞𝔢𝔨 (caek), Saturday, 16 December 2023 17:57 (three months ago) link
that bottom row includes women, who I suppose the owner would consider a Top Teir Ape
― I? not I! He! He! HIM! (akm), Saturday, 16 December 2023 18:00 (three months ago) link
that's how I always compliment the women in my life
yeah just at a quick glance you can tell these are superb apes, made by dedicated craftsmen from quality ingredients.
― the world is your octopus (Camaraderie at Arms Length), Saturday, 16 December 2023 18:04 (three months ago) link
makes me pull my hair out and weep thinking about what these common criminals will do with them
― the world is your octopus (Camaraderie at Arms Length), Saturday, 16 December 2023 18:06 (three months ago) link
See below from Dingaling
― butt dumb tight my boners got boners (the table is the table), Saturday, 16 December 2023 19:02 (three months ago) link
Ape-ocalypse Now
― Beyond Goo and Evol (President Keyes), Saturday, 16 December 2023 19:43 (three months ago) link
― Expansion to Mackerel (Boring, Maryland), Saturday, 16 December 2023 19:55 (three months ago) link
- Chuck Berry
― CthulhuLululemon (Ye Mad Puffin), Saturday, 16 December 2023 20:26 (three months ago) link
top tier apes, tho
― the new drip king (DJP), Sunday, 17 December 2023 12:35 (three months ago) link
Looking forward to the true-crime heist film sure to follow. I wanna hear a lot of ape-related Mamet dialogue.
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Sunday, 17 December 2023 17:16 (three months ago) link
"So it's apes huh.""Top tier apes.""Top tier. Top tier?""The man says top tier.""Top tier apes.""Top fucking tier."*low whistle*"All right.""All right?""OK. It's a go.""It's a go?""We'll take the apes.""Every fucking ape. Every. Fucking. Ape. Top tier."
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Sunday, 17 December 2023 17:19 (three months ago) link
All joking aside I would love this person to explain what makes them top tier.
― Expansion to Mackerel (Boring, Maryland), Sunday, 17 December 2023 17:37 (three months ago) link
Good news! The apes have been recovered, after a bounty payment. Apes are reported to be doing well.
https://cointelegraph.com/news/nft-trader-stolen-bayc-mayc-returned-bounty-payment
― a man often referred to in the news media as the Duke of Saxony (tipsy mothra), Sunday, 17 December 2023 18:46 (three months ago) link
so ridiculous
― treeship., Sunday, 17 December 2023 18:48 (three months ago) link
need to check them properly, if they've been infected with a computer virus they'll have to be culled
― the world is your octopus (Camaraderie at Arms Length), Sunday, 17 December 2023 18:49 (three months ago) link
They might have monkeypox
― CthulhuLululemon (Ye Mad Puffin), Sunday, 17 December 2023 19:12 (three months ago) link
a fungible infection
― assert (matttkkkk), Sunday, 17 December 2023 19:27 (three months ago) link
That one tweet has so many quotables
― Formica Jordan (Neanderthal), Monday, 18 December 2023 03:14 (three months ago) link
Here's how you do it.. create your OWN crypto currency and sell it to the marks
A Colorado pastor and his wife have been charged with duping hundreds of local Christians in a multimillion dollar a cryptocurrency scheme.
Prosecutors accuse pastor Eli Regalado and his wife, Kaitlyn, of fraudulently raising over $3m (£2.4m) by selling "practically worthless" crypto.
The Regalados pocketed at least $1.3m in the alleged scheme between June 2022 and April 2023, prosecutors say.
Mr Regalado said his plan was inspired by God, according to court filings.
The pastor said that "God told him directly that investors would become wealthy" by investing into INDXcoin, a cryptocurrency created, marketed, and sold by the Regalados, according to the complaint.
INDXcoin was offered to Denver-area Christians through the Kingdom Wealth Exchange, an online cryptocurrency exchange owned and operated by the Regalados.
The couple "had no experience in cryptocurrency", the complaint said, and a third-party auditor found INDXcoin to be "unsafe, unsecure and riddled with technical problems".
"Despite that report, the Regalados allegedly continued to promote the INDXcoin as a low-risk, high-profit investment," it said.
"In reality, the INDXcoin was illiquid and practically worthless" and the couple used the funds for "their lavish lifestyle".
― Andy the Grasshopper, Tuesday, 23 January 2024 18:15 (two months ago) link
https://www.the-sun.com/wp-content/uploads/sites/6/2022/01/SF-righteous-gemstones-season-2-COMP-1-1.jpg?w=620
― Beyond Goo and Evol (President Keyes), Tuesday, 23 January 2024 18:21 (two months ago) link
lmao yes, I hope the writers are taking notes
tbh I am not sure what is illegal about this? what's the difference between this an an apes jpeg?
― frogbs, Tuesday, 23 January 2024 18:24 (two months ago) link
the difference is the sophistication of the fraud and the elaboration of the pitch. when your customers happily swallow a line about how god is giving them investment advice through you, then taking their money is as easy as falling off a log so why bother with sophistication?
― more difficult than I look (Aimless), Tuesday, 23 January 2024 18:32 (two months ago) link
Ha... what a snake
Regalado added: “A few hundred thousand dollars went to a home remodel the Lord told us to do.
“We took God at his word and sold a cryptocurrency with no clear exit.”
― Andy the Grasshopper, Tuesday, 23 January 2024 18:36 (two months ago) link
The lord told me to pay someone $20 to kick that cryptopastor’s ass. There is a higher law
― z_tbd, Tuesday, 23 January 2024 18:41 (two months ago) link
I am not defending them, but tbh, don’t really see how this is any different than regular tithing.
― butt dumb tight my boners got boners (the table is the table), Tuesday, 23 January 2024 18:46 (two months ago) link
Jesus he knows me, and he knows I'm right
― never trust a big book and a simile (Neanderthal), Tuesday, 23 January 2024 18:48 (two months ago) link
I'd have to see the details of the "investment" claim, but when you tithe you know you're giving money to the church that you won't get back. Not in money, anyway.
― nickn, Tuesday, 23 January 2024 18:49 (two months ago) link
should have just offered a traditional 401(k), people would be less angry if they were investing in the Acts of the Apostles Aggressive Growth Fund or the Barabbas Bond Fund
― never trust a big book and a simile (Neanderthal), Tuesday, 23 January 2024 18:55 (two months ago) link
I’m sure it has to do with the promise of a monetary return on investment. All sorts of laws kick in at that point.
― B. Amato (Boring, Maryland), Tuesday, 23 January 2024 18:58 (two months ago) link
Another thing - it was apparently a 'virtual church,' i.e services on zoom or something.. there was no physical building
― Andy the Grasshopper, Tuesday, 23 January 2024 19:02 (two months ago) link
god is everywhere
― Beyond Goo and Evol (President Keyes), Tuesday, 23 January 2024 19:08 (two months ago) link
except the bathroom
― never trust a big book and a simile (Neanderthal), Tuesday, 23 January 2024 19:39 (two months ago) link
https://en.wikipedia.org/wiki/Toilet_god
― Beyond Goo and Evol (President Keyes), Tuesday, 23 January 2024 19:40 (two months ago) link
And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the money changers
― Andy the Grasshopper, Tuesday, 23 January 2024 19:53 (two months ago) link
many are saying that the return on investment on tithing is 90%
― z_tbd, Tuesday, 23 January 2024 23:04 (two months ago) link
https://i.dailymail.co.uk/1s/2024/01/20/16/80256473-0-image-a-18_1705767451635.jpg
― mookieproof, Wednesday, 24 January 2024 05:22 (two months ago) link
Ah, grift. Enjoy a gift link!
https://www.nytimes.com/2024/02/02/business/bitboy-ben-armstrong.html?unlocked_article_code=1.SU0.XIQw.waNRmXK-BCc_&bgrp=g&smid=url-share
Among other joys:
Back then, BitBoy was one of the most popular figures in the wild, scam-ridden world of crypto influencers. Cultivating a persona as a straight-talking everyman, he filmed a livestream five days a week in which he lectured his hundreds of thousands of listeners on the virtues of experimental coins with names like Polkadot or XRP. He said that regulators were fools, and that digital money offered a path to upward mobility. The Lamborghini was vivid proof: Crypto would make you rich and cool and successful.Two years later, Mr. Armstrong, 41, has lost his production company and much of his wealth. His friends have turned on him, and his wife has filed for divorce. Over the last five months, across countless social media posts and videos, Mr. Armstrong has claimed to be the victim of a “criminal conspiracy” by “terrorists” who took over his YouTube channel. “BitBoy is dead,” he recently declared....“I’m going through a midlife crisis,” Mr. Armstrong said in one of several recent interviews. “A spiritual crisis.”....Like any charismatic salesman, Mr. Armstrong has a carefully honed pitch: He used to be just a regular guy, he likes to say, until crypto changed his life. After undergoing treatment for a methamphetamine addiction in the early 2000s, he attended a Christian college and ended up marrying his admissions counselor.
Two years later, Mr. Armstrong, 41, has lost his production company and much of his wealth. His friends have turned on him, and his wife has filed for divorce. Over the last five months, across countless social media posts and videos, Mr. Armstrong has claimed to be the victim of a “criminal conspiracy” by “terrorists” who took over his YouTube channel. “BitBoy is dead,” he recently declared....
“I’m going through a midlife crisis,” Mr. Armstrong said in one of several recent interviews. “A spiritual crisis.”....
Like any charismatic salesman, Mr. Armstrong has a carefully honed pitch: He used to be just a regular guy, he likes to say, until crypto changed his life. After undergoing treatment for a methamphetamine addiction in the early 2000s, he attended a Christian college and ended up marrying his admissions counselor.
And especially this bit about the woman he's having an affair with:
Since the summer, Ms. Wolfe has been working with Mr. Armstrong to rebuild his fan base and fight for control of his company. Before she got interested in crypto, she considered law school, she said, and ran a small clinic for people who wanted to represent themselves in court — mostly men in divorce cases.Ms. Wolfe, who has been married and divorced four times, met Mr. Armstrong at a conference in 2022 as she was trying to make her way in the crypto industry. A few months later, an astrologer she had found on the gig work site Fiverr told her that someone was about to “change the trajectory” of her career.
Ms. Wolfe, who has been married and divorced four times, met Mr. Armstrong at a conference in 2022 as she was trying to make her way in the crypto industry. A few months later, an astrologer she had found on the gig work site Fiverr told her that someone was about to “change the trajectory” of her career.
― Ned Raggett, Friday, 2 February 2024 20:56 (one month ago) link
iirc he posted an epic series of tweets about this a month or two ago
― mookieproof, Saturday, 3 February 2024 00:35 (one month ago) link