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 22, 2022
When you get hit so hard in a sport or in a fight, that when you hit the ground you get paralyzed, causing your arms to get stuck in a driving motion. Almost like your hands are on a wheel, driving a bus.
Tua Tagovalia got hit so hard on Thursday night football, that his bitchass started driving the bus. He was whipping that hoe.
by D’brickaJon Swaggins January 06, 2023
by Yuppah568 September 12, 2020
by spotlight ah moonlight ah July 06, 2022
by Angeliquean February 29, 2024
by CrazyCatRescueMan September 01, 2019
Men on public transit that will try to pick up unsuspecting female-bodied people. Possibly equivalent to discount sugar daddies.
All three of my bus daddies helped my friend and I get back on our feet after a terrifying encounter with a reverse bird.
by reversebirddaddy2.0 July 24, 2018