In April 2022 I convinced my wife to liquidate our son's college fund into ApeCoin. We purchased 1,500 ApeCoin at $23.63, totaling $35,445. Today, it's worth $1,635 and my wife left me.
Wait, so you’re the co-founder and the intern at the same company?
yes
The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.
Apparently his company is called Gaslite, too. Viral marketing campaign?
Tech grifters really, really like masks of irony for what they're doing. There's a psychological tendency known as "duper's delight" and I think they crave that.
Very much the grade-school conceptualization of intelligence where basic adherence to the social contract and assuming the person you're taking to isn't being intentionally obtuse is somehow a sign that you're dumber instead of just less sociopathic.
See, this is the kind of shit that radicalizes young people. Older generations just nonchalantly gambling their children and grandchildren's futures and losing it, and then what? Often the responsibility is shifted to the ones who lost everything due to their greed and negligence.
- "Like, sorry, no college fund for you, but I heard bootstraps work just as well"
Well, I bet their son will eventually be interested in a copy of Das Kaptial
Idk, Poland did this on national scale in 1999 but managed to brainwash people so much they were protesting when the scummy system was made a bit better later.
Remember the Argentinian retirement system that caused humanitarian disaster and people came out on streets to topple it and the government? It's literally the same system and Poles were defending it.
I'm hardly surprised when it comes to the Poles. We're talking about the nation that just opened its doors and gave Ukrainian refugees basically full citizen rights, including the ability to run for office, law enforcement, be teachers, etc etc (seems they, like other EU nations really have a thing for importing nazism).
People in the US (at least) have always been promised better and delivered a heaping bag of steaming dog shit, which is pissing more and more people off every day.
I've been told, many a time, that Ethereum is "one of the good" cryptocurrencies.
I've known about "gas fees" for years and how the rent-seeking is built right in.
The most euphoric of cryptocultists even told me that maybe the Ethereum blockchain would "form a neural net" over time and become sapient, or even start The Singularity(tm).
These are not well informed or critically thinking people.
I know you're joking, but judging by what named one of his many IVF children (Techno Mechanicus), he like many cryptobros missed the point of the (originally intended, at least) satire of 40k.
It isn't just not dead; it's the basis of many secondary grifts, such as NFTs. NFTs were minted from the start using ETH and charging "gas" each and every time while burning the planet down a little faster.
The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.
Not what the company's website says (or means). Gaslite.org says they are a B2B company that helps make other companies' smart contracts more gas-efficent. So they look at code and say, e.g., "you can use a storage pointer here instead of copying to memory, and this will make it require less compute to deploy and run", and the client company implements those changes before deploying. The thing that determines transaction ordering is the price per compute. So users paying a higher per-compute rate on a transaction to jump the line is a very different thing than somebody changing their code to require less compute.
Anyway what that actually means is he's a freelance dev who will charge stupid companies a lot of money to run hardhat-gas-reporter on their code.