Post AyEr8IJBYyLb7vhBeC by paul_ipv6@infosec.exchange
(DIR) More posts by paul_ipv6@infosec.exchange
(DIR) Post #AyEoMMF1RD21W3lLBA by futurebird@sauropods.win
2025-09-15T17:59:01Z
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What a nightmare. “the perpetual future” sounds like the title of a cyberpunk horror novel.
(DIR) Post #AyEobVnCD1IxTxyOJM by AlexanderVI@stranger.social
2025-09-15T18:01:41Z
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@futurebird oh great, derivatives for made-up securities exist. This won't be disastrous, ever.
(DIR) Post #AyEoeTJnrd7gg5dW2i by michael_w_busch@mastodon.online
2025-09-15T18:02:15Z
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@futurebird A "perpetual future" is a particular type of contract to buy and sell something in the future - just without a particular time attached: https://en.wikipedia.org/wiki/Perpetual_futures .But for the cryptocurrency scammers, this is just one more way to convince marks to part with actual money in exchange for virtual tulip bulbs.
(DIR) Post #AyEorvinZafIX7kFn6 by cinebox@masto.hackers.town
2025-09-15T18:04:40Z
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@futurebird that’s a lot of through-hole resistors
(DIR) Post #AyEpCIIvJxQ6McLvJA by OGjester@stranger.social
2025-09-15T18:08:10Z
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@futurebird Finally; derivatives trading on imaginary internet money! What could be safer than that? </s>There is only One True Crypto, and that is GriftCoin. https://griftcoin.biz/
(DIR) Post #AyEpkMOyanAuuzQZxg by knord@mastodon.social
2025-09-15T18:14:31Z
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@futurebird Also, "crypto derivative" is two degrees of detachment from reality
(DIR) Post #AyEquuyyycbr1CrqYy by gwcoffey@mastodon.social
2025-09-15T18:27:38Z
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@futurebird Fun fact, the Bank of England just stopped selling perpetuities in 2015, and closed them all out, including some that had been paying out since 1720.
(DIR) Post #AyEr8IJBYyLb7vhBeC by paul_ipv6@infosec.exchange
2025-09-15T18:30:00Z
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@futurebird or the "5 more minutes" of futures...
(DIR) Post #AyErq7XexDJqTcMbvE by llewelly@sauropods.win
2025-09-15T18:37:59Z
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@futurebird 1. it's not about purring2. it's not about pets3. it's not about you allhow many more lies aare in this scam?
(DIR) Post #AyErx8MMJPkV2XQECW by btrinen@social.seattle.wa.us
2025-09-15T18:39:10Z
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@futurebird Remember how awesome 2008 was when the derivatives were about mortgages attached to actual real-estate? Now the derivatives are about bullshit attached to nothing at all Super cool. I can’t wait. Everyone is going to be getting pretend rich for a hot minute! Then they will not.
(DIR) Post #AyEsF6zY8X180gKFwu by KanaMauna@sauropods.win
2025-09-15T18:42:30Z
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@futurebird “Perpetual“ until somebody pulls the power cord.
(DIR) Post #AyEzPHGjTrMMSW9oxs by catmisgivings@stranger.social
2025-09-15T20:02:46Z
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@futurebird procrastination hell
(DIR) Post #AyEzc3W1vUBlZJPDlY by futurebird@sauropods.win
2025-09-15T20:05:01Z
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@PaulaToThePeople More like zero day and seeing stars.
(DIR) Post #AyF6YV3QIOqfUzHDOq by book@beige.party
2025-09-15T21:22:51Z
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@futurebird crypto now has derivatives? Oh, for fuck's sake.
(DIR) Post #AyFBEa3GVO5uyeWXb6 by JoelBarr@mastodon.online
2025-09-15T21:33:36Z
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@book @futurebird might want to move your assets to real estate
(DIR) Post #AyFBEb7uVbP8JLhlTc by futurebird@sauropods.win
2025-09-15T22:15:17Z
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@JoelBarr @book my ass sits in a chair thats about it brah
(DIR) Post #AyFBeyIky2ZJiSM0sS by JoelBarr@mastodon.online
2025-09-15T22:20:04Z
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@futurebird @book but you could sell that chair and buy an Imaginary currency with no protections. You wouldn't be able to sit down, but you can stand happily while you make the Donald and his petro despots even richer!
(DIR) Post #AyFdPYsfzoJVFRazCq by ar@mathstodon.xyz
2025-09-16T03:30:59Z
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@futurebird i know this sounds dumb, but there is a good reason for it ... believe me bc I used to trade these products as a job despite my personal aversion to crypto productsthe issue is that crypto spot instruments are terrible to trade due to the need for blockchain settlement. so for institutional/professional traders, the perpetuals were a convenient proxy for the spot instrument ... of course this all assumes cryptocurrencies are worth trading, but insofar as there is demand for crypto, perpetuals and futures will be a key part of the ecosystem. they've been around on crypto-native exchanges for a decade now for institutional traders, but I guess now people want to market it to retail ...