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.

  • sicklemode [they/them]@hexbear.netEnglish
    40·
    1 year ago

    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.

    stonks-down - “Like, sorry, no college fund for you, but I heard bootstraps work just as well” shrug-outta-hecks

    Well, I bet their son will eventually be interested in a copy of Das Kaptial very-smart

    • PolandIsAStateOfMind@lemmygrad.mlEnglish
      22·
      1 year ago

      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.

      • sicklemode [they/them]@hexbear.netEnglish
        8·
        1 year ago

        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.

        • PolandIsAStateOfMind@lemmygrad.mlEnglish
          13·
          1 year ago

          This was actually pretty unpopular in Poland right from the start, especially that the “fuck you i got mine” mentality is really ubiquitous here to the point people routinely acts against their own interests only so others don’t recieve more. So when the uncritical support for Ukraine will finally be taken down from every propaganda outlet here, the pushback will start. It’s doubtful it will go to the level of deporting them, the influx had done a huge amount of social dumping needed by our bourgeoisie, but they will be discriminated.

          • sicklemode [they/them]@hexbear.netEnglish
            3·
            1 year ago

            I actually wasn’t aware that the move was received negatively, although from what you describe it makes sense.

            As far as deporting them, who knows. All Ukrainian refugees are potential cannon fodder to keep the war machine going. It’s like a reserve army that NATO can decide on a whim to throw into the jaws of Russia’s military.

            Perhaps in Poland’s case, though, you’re onto something that this won’t happen. We’ll see where this goes.

            • PolandIsAStateOfMind@lemmygrad.mlEnglish
              7·
              1 year ago

              I actually wasn’t aware that the move was received negatively, although from what you describe it makes sense.

              Thing about Poland is that despite our country is routinely, and not far from the truth, considered as badly working, one thing we have superior compared to even USA: local propaganda. Sure, there are tons of bickering, but on the issues all political forces agree on, like anticommunism, russophobia and bootlicking USA the bubble is basically seamless.

              All Ukrainian refugees are potential cannon fodder to keep the war machine going.

              Yeah, there are some talks hinted about deporting Ukrainians from Poland to Ukraine to serve in the military, but nothing concrete yet. I meant getting kicked out after the war when the proUA propaganda ends. Poles traditionally don’t like Ukrainians very much.

              Overall i guess much will depend on how exactly that war ends and how will western propaganda spin it.

  • macerated_baby_presidents [he/him]@hexbear.netEnglish
    3·
    1 year ago

    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.

  • horseyEnglish
    2·
    1 year ago

    My ex gf did something similar. Not quite as dumb as “ape coin”, but I saw the crypto market was clearly headed up in early 2021. We bought some ethereum and bitcoin. Turns out I forgot she can’t be trusted with gambling and is difficult to work with…I just wanted to spend $1-2 k and make some easy money and have it be fun. She received a small inheritance from a family friend, which was nice. She started thinking it was an “investment” and did things like bought $5k each of Bitcoin and ethereum when I was sleeping. Started buying random other coins. Turned out alright… they both doubled or tripled or more.

    The problem was when the market was peaking. She wouldn’t sell them. I talked to her until I was fucking sick of it, imploring, begging, pleading, reasoning that doubling bitcoin was enough and I was REALLY sure it would drop soon. Turns out I was right about that too. She kept telling me “this is my investment for the future!!”. NO. She completely ignored me in this super rude way, to make it even worse, like she would just be on her phone and act like I wasn’t talking. What a frustrating waste of breath and effort to try to help.

    So she spent 35k, it became worth $75k, then she refused to sell and it all dropped to $25-30k by the end of the year. Excellent investment strategy.