141–150 of 1001 posts
I don't understand all the Crypto hate on this site. Since when have hackers become the luddites to new ways of finance?
Cryptos are purely a speculation vessel, they don't fix many of the problems they claim to fix and add tons of problems over other currencies I'm fine with cryptos as long as they're not pitched as something they're not
I don't understand all the Crypto hate on this site. Since when have hackers become the luddites to new ways of finance?
This is going to be one of those events that everyone points back to after the crash to show we had reached peak bubble. Like AOL buying Time Warner etc.
There are so many signs now that we’re living through a bubble, and it may get much worse before it implodes.
I bought $100 of BTC a while ago for fun. I watched it go up and down and mostly up. I got bored, and sold it for cash to donate... literally an hour before the big spike just earlier. I know about the fallacies of predicting the market. I understand 20/20 hindsight. But to actually experience it is such a strong lesson. To be flooded with, "ohhh I'm such an idiot!" and then think about how there's just no way I coul…
One should not ever sell Bitcoin, because it's a deflationary coin. Circulating Bitcoin is just lowering its value.
Also this logic only applies if you assume there's no crash down the line.
Earlier quoted context omitted.
Tesla is not about being good for the env. It's about making money. Same thing with SpaceX not being about going to Mars. It's about making money too! The going to Mars/ good for env stories are to get some public goodwill behind them from a certain crowd.
Both companies were unlikely to succeed (and nearly failed). To me that is a strong indicator that profit is not the primary objective.
If profit really weren't Elon's primary objective, he would have started charities, co-ops or at least B Corporations (ignoring that those are basically a scam)
2020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
> who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Did I misunderstand when I thought he was a liar in two out of three of those cases?
Soon, a nation might realistically buy $100 B + of bitcoin and declare it a national currency.
There are very few nations that don't have their own currency. That's because part of being a stable government is being able to have monetary control. Without that, it's only a matter of time before some expensive event (pandemic, war, drought, recession), people lose faith in government bonds, the government runs out of money, can't pay its workers, and a civil war ensues. Sure, some small island nations manage it.…
Then there are some areas like Costa Rica where it is a quasi-local currency.
I don't understand all the Crypto hate on this site. Since when have hackers become the luddites to new ways of finance?
Besides buying drugs anonymosly through tor.
2020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
When you have millions of followers and billions of airtime on you, it's absolutely inexcusable to call a random guy a pedo.
When he did that my view of him went from a "fake it till you make it" type, to a dishonest and malicious person.