dapranker [he/him]

  • 3 Posts
  • 68 Comments
Joined 4 years ago
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Cake day: July 30th, 2020

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  • dapranker [he/him]topoliticsIt's going great
    ·
    3 years ago

    Thats why the game is always to expand what counts as "middle class" so people can pretend to be above others, but we're getting to the point where middle class means "not homeless" and theoretically you're up against a wall there






  • The real move is not to do something like this that is easy to filter out, if you have enough people spamming this to bring down the site then cool, but you aren't really doing any lasting damage to their operations when any day 1 database student could filter out those reports.

    What you really want to do is poison their data with false but plausible sounding reports, so they can't tell what is real and what isn't

    Come up with different plausible names (easy to ignore the reports that "I got Ted Cruz bussy pregnant"), look up towns in Texas to match up the town/zipcode, hell even look up addresses on Zillow or whatever and make the story sound legit enough: "saw so and so and they mentioned they were pregnant, then they went on a trip and now they aren't"

    When they get reports like that, you're wasting their actual time following up on bogus reports and not just adding a record in a database to be ignored

    EDIT: Forgot to mention, VPN in Texas could be good too but depending on how they're set up it could be easy to filter those out, so tough to say









  • Basically:

    1. Create a tether (or a few hundred million). They say (or said really) that every tether was backed by 1 USD, but they haven't done any real audit or proof of this to a satisfying degree
    2. Take these tether worth 1 dollar, buy a bunch of bitcoin with it. Now your company has "assets" that are worth as much as you need to satisfy your backing requirements, and as long as BTC doesn't go down, you are technically correct
    3. A nice side effect of creating billions of your own USD to buy bitcoin, is it artifically inflates the price, which reinforces your own asset valuation

    Unfortunately the whole thing collapses if the price of bitcoin crashes and people want to redeem their tether back to USD, they only keep ~5% cash on hand so the last 95% are going to be fucked

    see more: https://www.singlelunch.com/2021/05/19/the-tether-ponzi-scheme/