so real

*guys selling and trading NFTs* what the fuck, the IRS is making me report my digital assets as assets! that's insane! since when are there regulations on sales of securities!

i feel this is kinda nerd shit so i should briefly (over)explain (mostly because it's a very big L for crypto losers). so essentially, before now, anyone making money off crypto trading (or just NFTs specifically) was in this kinda...grey area in terms of regulation and taxation, and the anonymized nature of cryptocurrency means that most people were straight up not reporting that money as earnings (or NFTs as assets), especially not if it was never converted back into non-cryptocurrency. this meant that, if you were dealing in crypto, you could (and i'm HUGELY over-simplifying) dodge the vast majority of regulations and requirements (and taxes) that someone making a similar amount of money in USD would deal with. after this new regulation, if you receive US $10,000 or more in cryptocurrency, you must now report it to the IRS as a cash asset, and if you don't, that is a felony.

So this is very funny, to me, for two reasons. One is that now, if a crypto-bro wants to not commit a felony, they have to un-anonymize their wallet, so they can no longer trade as an anon. They would be trading under their name (assuming they're trading $10,000 or more, per year i believe if i read right). This defeats some of the major uses of cryptocurrency, especially as it was being used to launder money, and it means your identity on the blockchain would now become knowledge people would have access to, and track all future and past trades you have made on the blockchain.

the second and funnier thing is what this does to NFTs. a cash asset is any asset which can be easily converted into cash within three months. according to this new regulation, you available cash assets would now include your NFTs (assuming they're valuable enough etc. etc.), and you would be expected to borrow and pay obligations based off of that information. so if a collector came to make good on their loan to you, they would be considering your NFT as a cash asset that can be used to pay them, but of course *selling NFTs is a fucking scam*. They're *not* cash assets, because outside of very specific circumstances, those $50,000 NFTs are not bought up again for the same or higher value.

many (it's hard to know exactly how many, but this exact thing i'm about to describe has been documented a bunch of times in this space) NFTs have their values inflated purely through insider trading, in a scam that goes (in its simplest form) something like: person 1 makes an NFT, and person 1 sells the NFT to person 2 for a very high amount of crypto, some amount of which is given back to person 2 in another, altered form so as to not be traceable as just trading money back and forth. this causes the NFT to become "worth" that amount of money that was paid for it (this is also how most of the real world art market works too!). Do this to like 5 of an artist's NFTs, and suddenly it looks like that artist's work is worth X amount of money, despite no one having actually *paid* that much for it really, but now that the value of their work appears to be high, it can be sold to rubes for that high amount for real now.

which is all a way to say that, if you are said rube, and you just bought a shitty picture of a monkey smoking a joint for $75,000, that is now considered cash you can access within three months when it comes to paying debtors (or anything else that involves how much cash and assets you have on hand, including how much you pay in taxes), even though, if you tried to sell it, no one would buy it for that much. so people will be expecting you to have money you do not actually have the ability to access. Not only that, but you would have had to un-anonymize you wallet's identity on the blockchain to buy the monkey, so everyone knows who the rube is.

it owns ok? it owns. fuck this is a terrible explanation. i'm bad at explaining econ shit and probably got 50 things wrong go away

This is so fucking funny and I wholeheartedly hope that this is what puts the final nail in the coffin of cryptocurrency and NFTs

Peak character design is a dark gradient on the limbs or fingers

Source: https://twitter.com/beach_fox/status/1325668490431246336 (which include more “memeorite glyphs”

the other night my friends and i played around with phasmophobia’s local in game chat

featuring pepsiman

the fact that it’s muffled because they’re upstairs made me scream laugh

!!!!!!!!LEFT TO RIGHT!!!!!!!!!!

dream team

“Sweet display of affection“ 

(via)

@oisin

artist-Vinne

But if we teach children at home for a year they might realize they aren’t required to adhere to a rigid authoritarian structure of learning!

But if we teach children from home for a year, we might need to provide for basic human resources to do so!

But if we teach children at home for a year, the internet might have to become a public utility!

Fuck, I almost wonder if this new “they will fall behind” narrative I started seeing is designed to move the narrative focus from how we can easily shift our infrastructure to support distance learning but it requires improved social welfare into a narrative of “fallen behind” being dumb and not as bad as dying or something.

Like, on the one hand, true, on the other hand, pretty sure the goal is to get folx to stop talking about the other stuff and it’s working.

if anyone is truly concerned about children “falling behind”, then don’t reopen schools. don’t make it illegal for children to stay home from school or skip out on a year. pay parents a living wage on unemployment so they can personally care for their children at home, or even homeschool them if necessary.

it’s not about children falling behind their peers or even education at all. it’s about getting parents back to work without first ensuring their children are safe to be out of the house.

it is ok to say fat. u do not have to say chubby or chunky or thick or plump.. if u r making a positivity post u can just say ‘fat ppl r so cute!’ bc it is ok to say fat.

This also goes for correcting a fat person when they say they’re fat. If I mention that I’m fat in conversation there is no need to jump in with “Don’t say that!” or “you’re not fat, you’re (insert one of the terms above or any others)”. It’s literally just a description, I’m not disparaging myself or fishing for compliments because fat isn’t inherently bad or an insult, any more than any other descriptor like tall or muscular is.

Reblog if your d&d character is a dumbass.

When your dad tries to guilt trip you into visiting him: “well I guess I’ll just spend the weekend all by myself...”

You say “glad to know we’re on the same page.” Slowly, he will have to adapt to just outright telling you what he thinks instead of playing mind games.

When your friend tries to hint that they’re mad at you without saying anything: “Oh, I’m fine, clearly you don’t need to worry about me,”

You say: “I’m glad you’re doing well. Call me if you want to talk, though!” Soon enough, they will accept that they can’t be passive aggressive with you.

When your boyfriend says: “All your friends are great, I really love *insert male friend* especially.”

You say: “I’m so glad you like my friends! I should invite them back soon.” He needs to understand that if he has a problem with your friends, he needs to just voice his concerns instead of being sarcastic and accusatory.

As someone who has lived through several toxic relationships and has an abusive father, I think one of the most important manipulation tools a toxic person has is excessive subtext and hidden meanings in their conversation. It hides all of the actual fighting from the eyes of onlookers while still hurting you, which is scary and makes you feel like you’re making it all up. Don’t put up with this bs. Make them stop hiding.

Make. Them. Say. What. They. Mean.

it’s dangerous to go alone, take this

yells about couples outfits and never ever stops

bonus cause I couldn’t just skip the best clothing items in the game