this post was submitted on 28 Oct 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.

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If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

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(Semi-obligatory thanks to @dgerard for starting this)

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[–] blakestacey@awful.systems 14 points 2 weeks ago (1 children)

Fortune magazine reports:

In separate investigations completed by the blockchain firms Chaos Labs and Inca Digital and shared exclusively with Fortune, analysts found that Polymarket activity exhibited signs of wash trading, a form of market manipulation where shares are bought and sold, often simultaneously and repeatedly, to create a false impression of volume and activity. Chaos Labs found that wash trading constituted around one-third of trading volume on Polymarket’s presidential market, while Inca Digital found that a “significant portion of the volume” on the market could be attributed to potential wash trading, according to its report.

[–] YourNetworkIsHaunted@awful.systems 11 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Wait we created a market and people are manipulating it in order to profit because it turns out market manipulation pays the same or more than being a ~~banker~~ ~~investor~~ "superpredictor" but is much easier?

[–] Soyweiser@awful.systems 3 points 2 weeks ago

Shocking aye? And nobody saw this coming.