Earlier quoted context omitted.
It’s an attack on criminals, not non-wealthy people
But the attack is biased towards only the non-wealthy subset of criminals (par for the course), ipso facto it is an attack on the non-wealthy.
Block loses 20% of value as Hindenburg Research alleges fraud
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Re: Block loses 20% of value as Hindenburg Research alleges fraud
#92Earlier quoted context omitted.
How do these differ from shills who pump a stock price far above the net value of the company without any indicators backing that?
What are you getting at?
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#93Earlier quoted context omitted.
Did they mean that once you obtained banking in one false name you could use that to pass KYC with other facilities?
I thought maybe it's something like that, but that's still not KYC. Or maybe it's software engineer's "know-your-client" in a way, where if you have a consistent internal ID for the client that's enough. :D
I wonder how far you could get, if they provide a bank like statement you might be able to get phone servce / utilities (in parts of the world where your SS number isnt your password). Likely never able to get an actual bank account through however.
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#94I know this is going to be controversial, but I think it has to be said. Jack ruined Twitter first [1] (by over-hiring and then selling it to Elon) and now it's Block's turn. He still made billions, while thousands got laid off and are still suffering under Elon's questionable so called leadership. Are these the entrepreneurs we should be looking up to? The tech industry is already facing the brunt because of the mis…
Parag sold to Elon, and he got a great return for shareholders by selling at far above market value. Jack doesn't do anything but meditate and grow a beard like he's young Steve Jobs. Why the board let him be CEO when he didn't do any apparent work is a different question.
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#95> Dorsey [...] told investors about the large number of songs named after Cash App and described how music had become a way to share with others how valuable the app is to them personally, providing them with “so much utility.” > A review of songs mentioning Cash App shows that the artists are not generally rapping about Cash App’s smooth user interface and robust software integration toolkit. > Instead, lyrics descr…
This is really just an attack on non-wealthy people. If you're fucking wealthy, it's also very easy to move money for fraud, drugs, murder, literally anything. They just don't use the Cash App
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#96I missed the memo, which led to a few minutes trying to remember which blockchain company was named "block" but: why not cube? Or Hypercube?
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#97Re: Block loses 20% of value as Hindenburg Research alleges fraud
#98I know this is going to be controversial, but I think it has to be said. Jack ruined Twitter first [1] (by over-hiring and then selling it to Elon) and now it's Block's turn. He still made billions, while thousands got laid off and are still suffering under Elon's questionable so called leadership. Are these the entrepreneurs we should be looking up to? The tech industry is already facing the brunt because of the mis…
Re: Block loses 20% of value as Hindenburg Research alleges fraud
#99I've not read the article but I have a question: lets say, after an investigation by the Gov, the illegal doings in the article turn out to be false. Do the company shareholders of the accused company have the right to sue, in this case Hindenburg research, for the stock value loss due to the article?
[0] https://www.bloomberg.com/news/articles/2022-08-01/musk-sued...