Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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dgerard@awful.systems

Looking for suggestions (infosec.pub)

submitted 1 month ago by rinze@infosec.pub to c/buttcoin@awful.systems

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Hi,

For reasons too absurd to explain, this Wednesday I'm invited to a virtual "coffee break" with the speaker of one of Spain's cryptoexchanges, https://bit2me.com/. The event is organized by Cinco Días, one of the main economic newspapers in the country.

I'm looking for a list of potential questions I might ask if I have the chance. I already have the basics ("how's this different to a tulip", "what super-legitimate uses, apart from paying for drugs, hitmen, sex trafficking, launder money, evade taxes and inflate bubbles", "what about the electricity usage", etc), and given that BBVA (Spain's second largest bank) and Telefonica (Spain's main telco) are investing money, I also want to ask how they're handling the child porn they have in their servers.

If anyone has more suggestions, I'm all ears.

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[–] sxan@midwest.social 10 points 1 month ago

Pick your first question carefully. You'll probably only get one, and that's only if the questions aren't vetted in advance.

You might be allowed to ask two if the first is sufficiently innocent enough that they can't tell you have an agenda.

[–] swlabr@awful.systems 9 points 1 month ago

Maybe get them to fight by suggesting the involvement of a bank implies the crypto is becoming centralised and defeating its own purpose? The depth of my buttcoin knowledge is lacking so there might be a better wedge to use.

[–] originalfrozenbanana@lemm.ee 8 points 1 month ago

What specific benefits does society get that offset or are net positives considering the dramatically outsized energy used by cryptocurrencies?

Not interested in fiat currencies or reducing energy use. Only provable net benefits

[–] skillissuer@discuss.tchncs.de 6 points 1 month ago (1 children)

how are they sure that they won't touch crypto used by iranian/russian sanction evaders (this might or might not violate sanctions)

[–] dgerard@awful.systems 6 points 1 month ago

the glib answer is "oh we subscribe to Elliptic" or some other blockchain monitoring service

[–] o7___o7@awful.systems 2 points 1 month ago (1 children)

hey, how'd this go? love to hear how it went!

[–] rinze@infosec.pub 3 points 1 month ago (1 children)

I made the "what happens with the child porn stored in the blockchain" question and the guy didn't know what I was talking about. I'm waiting for the video to go up live to contact some of the people financing this and ask them if they're comfortable with that.

[–] o7___o7@awful.systems 2 points 1 month ago

Hell yeah. Got a chuckle out of me, thank you for your service! o7