Like “reinventing the wheel”, but for techbros.
More precisely, it is to spend an incredible amount of money, time and mental effort to finally come to a solution that was actually figured out decades or even centuries ago.
Bonus points if you end up making yet another app using the blockchain, so that in order for you to use it, you need to put your SSN on a distributed public ledger so that it can get pwned by Russian hackers.
More precisely, it is to spend an incredible amount of money, time and mental effort to finally come to a solution that was actually figured out decades or even centuries ago.
Bonus points if you end up making yet another app using the blockchain, so that in order for you to use it, you need to put your SSN on a distributed public ledger so that it can get pwned by Russian hackers.
“Ok, pitch it.”
“Ok so like basically we get people to pool their money together into one thing and then invest that thing into Bitcoin and use the profits from that investment to pay everyone involved once a month, and then when someone dies their portion of the investment goes to the other participants.”
“…you just described a tontine.”
“A what?”
“A tontine. The thing you're describing. It's been around since the 17th century. Are you reinventing the bus again?”
“No way, man! This one's different, this one uses JIT-compiled vue.js and blockchain smart contracts to keep track of the system!”
“Brilliant. Here's a million dollars, we're gonna be rich!”
“Ok so like basically we get people to pool their money together into one thing and then invest that thing into Bitcoin and use the profits from that investment to pay everyone involved once a month, and then when someone dies their portion of the investment goes to the other participants.”
“…you just described a tontine.”
“A what?”
“A tontine. The thing you're describing. It's been around since the 17th century. Are you reinventing the bus again?”
“No way, man! This one's different, this one uses JIT-compiled vue.js and blockchain smart contracts to keep track of the system!”
“Brilliant. Here's a million dollars, we're gonna be rich!”
by tariqk November 21, 2022
Get the reinventing the busmug. Dang man, I didnt have a condom but I had gloves and a rubber band. Thank god she liked Dirty Bus Driver Hands
by Steezmiester June 18, 2020
Get the Dirty Bus Driver Handsmug. "Last week Leslie had a Party Bus last weekend."
"Wow, she double fisted her ass?! That crazy bitch!"
"Wow, she double fisted her ass?! That crazy bitch!"
by Silent_J8403 January 22, 2017
Get the Party Busmug. The bus from Blaenavon to ygg where tha awesome kid sits at the back every day playing his banging tunes out his speaker
by Blan boy 13 August 30, 2019
Get the Rave bus 3000mug. A male prostitute that offers many blow jobs and hand jobs to men, young or old. Watch out ladies, he might steal your man!
by Steve Harvey Lover October 1, 2015
Get the The Noggle Busmug. by Anonymous123452846527 June 12, 2019
Get the bae busmug. The worst bus of all the buses, you will definitely be harassed at least once on it and it almost always smells like shit.
by anxi3_t3a October 20, 2021
Get the E Busmug.