this post was submitted on 26 Nov 2023
110 points (86.2% liked)

Not The Onion

12214 readers
650 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

  1. Links to news stories from...
  2. ...credible sources, with...
  3. ...their original headlines, that...
  4. ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago
MODERATORS
top 13 comments
sorted by: hot top controversial new old
[–] grte@lemmy.ca 71 points 11 months ago (2 children)

What is this article, haha?

It's no surprise that the former trader would quickly catch on to the commodity of choice in his new environment. He has been a professional trader for much of his career. In 2013, he got his first intern gig at Jane Street Capital, swapping exchange-traded funds before cofounding his crypto-trading firm Alameda Research in 2017. A year later, he figured out how to arbitrage bitcoin between the US and Japanese markets.

Yes, with his lengthy four year career before getting into the scam business he was certainly a master of his craft, lol.

[–] nomecks@lemmy.world 2 points 11 months ago

Hear me out: Fishcoin!

[–] TropicalDingdong@lemmy.world 28 points 11 months ago

He should license his face out to a canned fish company.

non-fungible tuna.

[–] eestileib@sh.itjust.works 16 points 11 months ago (1 children)

I first heard about the federal-prison mackerel economy in a Wall Street Journal article back from when the WSJ actually did offbeat interesting reporting... Like 15-20 years ago?

Stackable, non-perishable, essentially (but not totally) zero consumption value... Better than bitcoin as a currency.

[–] intensely_human@lemm.ee 1 points 11 months ago

How is mackerel unperishable?

[–] snausagesinablanket@lemmy.world 3 points 11 months ago

Holy Mackerel.