Rayvin

Which is probably why they're talking about it now, just after the Scottish Parliament vote.

Well, that's going to put the cat amongst the pigeons. What are they going to go in on, I wonder.

You and me both.

Will give it a look mate, cheers. I reckon ETH might have gone down about as far as it's going to unless we're entering into a far bigger market correction than I realised, so I've gone in on it a bit now. Honestly though this last few days has been pretty grim so I'm expecting to get burned

Are they likely to go up then, do we think? 3rd time is the charm I suppose.

It's not, it's just all I could be bothered to summon up in the space of the 2 mins it took me to write that. I'm not seeking to convince you mate - it's not like I actively follow his movements on here anyway, I only really notice he exists at all because of all the gifs that follow his posts. But over the course of the years we've had plenty of other mackems do this. Indeed, RTG seems to have NUFC fans who do the same thing. It's beyond me as to why it happens but there we are. I used to think as a community that we were a bit too quick to assume people were mackems, but at the same time I had to concede in the end that it mostly turned out that the community was right

I can't really remember how it all started with him but he took positions that were contrary to the more apparent truths of the day to start with - can't remember specifics but I'd put my money on some of it being about how great an owner Ashley is. I also recall when Moyes was being offered the West Ham job for the first time he inexplicably went off on one about how terrible the guy is - only "Newcastle fan" I've ever seen get worked up about David Moyes in any sense whatsoever. I mean he occasionally takes swipes at Sunderland in order to persuade us of his loyalties but you can see that he's dying inside whenever he does it. I don't get what he's getting out of any of this.

You would if you were a particularly bizarre Sunderland fan.

That's actually even less surprising.

Has Toonraider finally confessed to being a mackem then? Shocking stuff

Who the fuck gave Steve Bruce manager of the month ffs. This sport can fuck off sometimes, it really can. Manager of the month, fucking hell.

Grim. Makes sense though, does feel like it's suddenly got much worse rather inexplicably.

You have to think at this point that either Israel is going to do exactly what this guys wants them to, or they're going to have to take a great many steps backwards in terms of how they're dealing with the issue. I mean this is already apartheid and it doesn't need to go much further for it to be genocide/ethnic cleansing.

A fair point but I think Pandora's box is open now. I'll declare my earnings through it for the purposes of paying tax but that's because I believe in taxation. Many won't.

So he had that photo on standby at all times in case he bumped into an ex-colleague Fucking hell, can you imagine being that desperate for other people's approval at that stage in your life man...

What the fuck is going on in Israel at the moment - I've been trying to avoid getting caught up in looking at it but I keep seeing videos doing the rounds on reddit of Palestinians being shot, lynched, beaten, thrown out of their homes, etc. I watched this video through, of this Irish MP calling them out too: It feels like it's suddenly gone up a level or two in the chaos and destruction stakes.

I think the basic idea is that it's the same principle, but relies on using crypto assets as collateral against the loan - therefore bypassing credit checks and all the things that can prevent people from getting access to money in the traditional sense. EDIT - Quiff provided the link, I think that one is a good one for explaining it. As for the latter point, I was reading that something like 31% of the global population is 'unbanked' (they don't have access to a bank account). Of this 31%, two thirds use smartphones. So that tells us that 20% of the global population could stand to benefit from this if we assume that smartphones = internet access.

Not sure it's going to take as long as you've just indicated, mind... Here is what it is meant to do: So let’s unpick why there is a need for DEFI in the first place. Many centralised financial systems are antiquated and slow… ever tried to send money to another country or drawn down from a stocks and shares ISA? There is no technological reason that these transactions shouldn’t occur within milliseconds, but they can take anything from 2-5 days. But it isn’t just pace and modernity that can be the justification for DEFI, think about security. Centralised systems (especially antiquated ones) can be vulnerable to a new generation of nefarious hackers. Reputable financial institutions and their centralised systems can be vulnerable to data breaches, fraud and security issues. And it is customers who initially suffer in these security breach situations, by being locked out of their apps, their digital banking and being reissued cards. DEFI aims to address the three pronged problem within crypto finance of Scale, Pace and Security, all whilst remaining completely decentralised. And here is what the advantages are: First and foremost, interacting with a DEFI system isn’t timebound. So they are available 24 hours a day, 365 days a year. Next, they are available wherever there is an internet connection, so they aren’t flexible in terms of both time and location. Next, they aim to be cheap, because they leverage technology to be as fast and as scalable as possible, but also because of the lack of intermediaries, developers can offer drastically lower fees and charges. Finally and arguably most importantly, it offers an avenue to address ‘the unbanked’. A segment of any population that due to isolation, lack of funds, lack of credit history or (in some cases) political or socio-economic oppression cannot participate in the existing financial system. DEFI aims to be fast, secure, cheap, available, connected and egalitarian.

I'm not really sure where you're getting this 'meaningless' bit from, mind you. It's no more meaningless than any of the other pointless shit any of us buy - Bitcoin admittedly is a fairly pointless project at this stage, but there are plenty of other coins that have been set up with superior technological functions that will, in time, revolutionise the global financial industry - it will remove banks for all those people who would prefer not to use them. It takes a large part of economic control out of the hands of governments. It will allow people to trade with/pay each other without needing to go through high cost intermediaries. You may not agree with this aspiration of course, but it is the 'purpose' of cryptocurrency and blockchain.

Just gonna remind everyone that Elon Musk believes himself to be a literal Elven Overlord and wants to pivot humanity towards a technocracy, which would naturally involve himself and the other elves taking control. His son is also named X Æ A-12, something even he struggles to pronounce. He's a narcissistic fruitloop and not the real world Bruce Wayne his personality cult seem to believe him to be.

I've found it an interesting thing to be part of but it does need to go mainstream with a justification for its existence sooner rather than later. I also want to hear more about this: Which DeFi projects are doing that, exactly?

It's a fair point. I'm not invested into BTC though. Not that this saves me from criticism on any of the others... will reflect on it next time I need to feel bad about myself over something

KCG is a fellow Scottish independence voter, I would never do that. More importantly, I didn't even realise that muting was a thing

Sorry, KCG's post was hidden for me because it refreshed weirdly. Seems to happen sometimes when you click the 'see new posts' button.

The turn of phrase? I just mean that you have more experience than me on this, so I'll take your word for it