this post was submitted on 13 Jan 2025
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

(Semi-obligatory thanks to @dgerard for starting this.)

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[–] [email protected] 6 points 2 days ago* (last edited 2 days ago) (1 children)

(oh no it's politics)

Trump's new cryptocurrency scheme is surprisingly forthright about being a pump & dump:

CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC collectively own 80% of the Trump Cards, subject to a 3-year unlocking schedule. CIC Digital LLC and Celebration Cards LLC, the owners of Fight Fight Fight LLC, will receive trading revenue derived from trading activities of Trump Meme Cards.

Essentially according to their own website, they started by selling 20%* of the tokens to the public, and over the next few years will... sell another 80% of the tokens to the public. To the moon!

* half of that they describe as "liquidity" instead of public distribution -- whatever that means.

[–] [email protected] 4 points 2 days ago

My gut says that liquidity in this context means "making sure that there are tokens available to purchase for initial buyers" or in other words listing them on the market instead of distributing them at initial purchase price.