Livestream

breton was surrealist manifesto, couple decades b4 SI. Like u said i think, SI manifesto ‘collective’ or anonymous authorship. Feel for Freud (and Martha), having such a creepy nephew from wife’s side. Whereas Lucien Freud …. very aesthetic. Different kind of ‘excess/surplus’ altogether.

Zachary Manenti

Alright, so here's the thing. Bitcoin at the start of the year was worth about $47,000. A share of the S&P 500 at the start of the year was worth about $4,800. Today, Bitcoin is down about 35% since then. The rest of the market is down about 15%. As you've heard, inflation is also about 8.5% per year, so there's really no safe place to put your money right now. My question is, "what crypto crash?" Crypto is considered a risk-on asset. The rest of the market is dumping multiple years worth of value in months and Bitcoin is still worth $30k. That seems pretty reasonable to me. In fact, if anything, I'm afraid the weight of the rest of the market hasn't fully hit crypto yet. Lefties are out dancing in the streets because crypto is over, right? The future is dead? But it isn't??? This crypto crash is about as real as the first Gulf War. A bunch of lefty news sources are reporting bllood in the streets of crypto land, and Bitcoin is still as valuable as it was last July. You've somehow managed to Simulacra your own crypto crash that doesn't exist. It's the most bizarre thing to observe. For context, the actual crypto news that crypto people are talking about has to do with a completely different blockchain called Terra in the Cosmos blockchain ecosystem. The two tokens involved were TerraUSD, a coin that was designed to stay pegged to the price of the dollar, and a coin called Luna, which was meant to support the stablecoin's value and make sure it stays at a dollar. It's complicated. This isn't a dogecoin token that you trade back and forth. The coins don't have scarcity the same way you'd think. It's controlled by an autonomous smart contract, which means it doesn't work like a normal commodity. It's a weird version of Capitalist Realism that anti-crypto people get when they hear about these algorithmic coins falling apart and think it means someone ran off with the bags. This wasn't like that. We can do cool math stuff with money now. These aren't First Edition Charizards where there's only so many that were ever printed. The supply of Luna tokens went from 300,000 coins to 3 trillion coins after the balancing act fell apart. This is clearly a different kind of beast. Anyway, this Terra project was also backed by almost $4 billion in Bitcoin, so on top of a regular market crash, Bitcoin also had to deal with that huge stockpile getting sold off all at once. I'll never tell anyone to buy any crypto ever, and I certainly wouldn't advise it now, but it's a technology I really love and I just want people to understand it better.