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Pieces of Shit

geohot.github.io

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Re: Pieces of Shit

#71

Post by jasonzemos »

awillen wrote: post #61
yarcob wrote: post #2

> A 500% tax on advertising. It’s a zero sum game with no benefit to society. I don't think a tax is going to fix the underlying problem, which is that ad publishers have no responsibility for the ads they show. The problem is that the scummiest advertisers can afford to pay the highest prices. Someone who defrauds you can always afford to pay more for advertising than someone who actually provides a service.

> Someone who defrauds you can always afford to pay more for advertising than someone who actually provides a service. This is just demonstrably not true. Look at the biggest advertisers in the world - they're giant corporations that sell good/services.

It's demonstrably true for the Trump campaign.

Re: Pieces of Shit

#72

Post by Redoubts »

BobbyJo wrote: post #33
nix23 wrote: post #26

Earlier quoted context omitted.

Why not? You pay taxes on every deal you make in the real world. And since you buy a part of a company that should be tax-worthy too. Tick-based exchange would probably just increase the problem (better prediction for ~HFT..or better call them HF-prediction then), but hey i really don't know, both solutions are better then none, i guess.

If we can put a sales tax on bread then we can put it on stock. Totally agree. I think, in general, taxes/credits are much better solutions to problems of economic incentives because they only change the incentives as opposed to the structures of the market.

A lot of basic groceries are sales tax exempt.

Re: Pieces of Shit

#73

Post by fennecfoxen »

JKCalhoun wrote: post #52
lyaa wrote: post #45

Earlier quoted context omitted.

I'm also curious, what has Title IX got to do with the rest? It has nothing to do with churches, does it?

I assume he is a Men's Rights activist.

Post author is ranting incoherently, but Title IX is a legit minefield; in particular, its implementations at universities have been pretty problematic. The root of the cause is a notorious "Dear Colleague" letter that came out in the early Obama administration. Due process around sexual misconduct allegations suffered greatly as a direct result of what it asked universities to do.

Aside from individual opportunities for unfairness, it turns out when schools have policies that can get you fired or expelled without a chance to defend yourself (let alone have an attorney) then this gives rise to abuses of the system — many of the same kinds of abuses with similar unfortunate racial impacts that we see when off-campus justice systems are abused.

Ironically, many of the successful lawsuits about unfair expulsions are themselves Title IX lawsuits.

For some introductory coverage see also: https://www.cbsnews.com/news/title-ix-sexual-misconduct-on-c...

Re: Pieces of Shit

#74

Post by fennecfoxen »

imtringued wrote: post #63
JKCalhoun wrote: post #55

Earlier quoted context omitted.

> Ultimately he is advocating for a political solution for what he believes is an economic problem. I think the larger point he is making is that if someone doesn't do something about unbridled "Corporate Capitalism", there will be blood in the streets. Government might be the only actor capable of going toe to toe with such a behemoth.

There are a lot of people who got screwed over by the the 80s reformation of the economy away from government intervention and the strange part is that these people believe that this move is actually a form of government intervention and it was the government that is making their lives worse. So getting to an even "free-er market" will solve the problem so they keep voting that way. The free market is an empty ideolo…

> The free market is an empty ideology because there is no such thing in the real world

Meh. If you can say that about "the free market" you could say that about just about anything. But in practice, people are able to recognize substantial free-market properties in markets that are substantially free, just as easily as they can recognize the properties of communism in systems which are substantially communist, even while Real Communism Has Never Been Tried™.

Re: Pieces of Shit

#75

Post by antattack »

TylerLives wrote: post #54
antattack wrote: post #25

From the blog: "Three policy proposals: A 500% tax on advertising. It’s a zero sum game with no benefit to society. If you are paying for eyeballs, you pay a 500% tax. Force companies with these trash addictive business models to find a way to work for the average person, not pimp them out. 1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets. Separation…

He is referring to Moldbug's idea of the Cathedral. I'd link to some texts but I don't want to get banned so you'll have to search for yourself.

I looked into it. Moldburg rants against 'established universities and established press', does not assign importance to their faith affiliation so that's not it. If I had to guess #3 is probably tied with #1 and him not being in the 'circle of trust'.

Re: Pieces of Shit

#76

Post by HacklesRaised »

antattack wrote: post #25

From the blog: "Three policy proposals: A 500% tax on advertising. It’s a zero sum game with no benefit to society. If you are paying for eyeballs, you pay a 500% tax. Force companies with these trash addictive business models to find a way to work for the average person, not pimp them out. 1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets. Separation…

Personally, and I have no idea how to implement this, I think any charity that attempts to influence the political opinion of its members should lose their charitable status.

In the UK, Eton, the most expensive, exclusive public school in the country, is a charity, largely because it was set up to educate the poor, something it hasn't done, modulo a few bursaries, for some time. That needs to end.

Re: Pieces of Shit

#78

Post by moneytide1 »

I remember an interview with Mr. Hotz describing his negotiations with Tesla about the acquisition of self-driving technology he said something to the effect of "I don't need a bigger piece of the pie - I just want the pie to taste really good."

Re: Pieces of Shit

#79

Post by [deleted] »

jasonzemos wrote: post #71
awillen wrote: post #61

Earlier quoted context omitted.

> Someone who defrauds you can always afford to pay more for advertising than someone who actually provides a service. This is just demonstrably not true. Look at the biggest advertisers in the world - they're giant corporations that sell good/services.

It's demonstrably true for the Trump campaign.

[deleted]

Re: Pieces of Shit

#80

Post by bassman9000 »

antattack wrote: post #25

From the blog: "Three policy proposals: A 500% tax on advertising. It’s a zero sum game with no benefit to society. If you are paying for eyeballs, you pay a 500% tax. Force companies with these trash addictive business models to find a way to work for the average person, not pimp them out. 1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets. Separation…

Wokeism shows all the hallmarks of a cult or organized religion, and it's being spearheaded by academia:

- Strict adherence to dogmas (_eg all whites are racist, not dating trans is transphobic_), under penalty of excommunication (_banished from academia and/or society_).

- Dissent is not permitted (_if you deny it, you must be racist/bigot/transphobic_).

- Cult of the leader as individual (_eg BLM founders, the Squad_), while at the same time arguing the group is paramount.

- Sacraments (eg _struggle sessions, street performances_).

- Colleges as main places of cult. Pilgrimages to holy places (_eg police brutality incidents_).

- Saints (eg _George Floyd_).

Academia is funded by the state via:

- Grants to projects not necessarily resulting in any benefit, apparent or not, to society. Projects lead by professors not teaching.

- Loans to students, knowing well many won't be able to pay in years, if at all, which end in the pockets of colleges.

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