• 15 Posts
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Joined 1 year ago
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Cake day: June 20th, 2023

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  • Obligatory Line Goes Up video, although not exclusively about Bitcoin.

    I do admit that early in Bitcoin’s life, around 2013, i was a interested in Bitcoin as an alternative to banking, but the volatility and speculation alienated me from the community. Anyone buying BTC now for $90k, you need to realize this turned into a pyramid scheme and you’re not at the top of it. You may be able to find someone who’s more of a sucker to take the Bitcoin off your hand and make a profit, but it’s not sustainable, someone has to loose. Any gains you make are probably less than 10% what the person made by selling it to you.

    If you do end up speculating on crypto, don’t invest more than you can afford to loose, and assume you’ll loose it all. It’s very likely you’ll either get hacked/scammed, loose your wallet, leave your wallet in an online exchange who runs off with your keys, etc. You’re on your own if that happens. If you do end up making any profit, it’ll be a blessing and you’ll be way happier than if you thought this would be your key to get rich, and you end up loosing it all.


  • On one hand, we essentially have someone who accidentally missed an item during self checkout, and another person who ransacked the store, took everything they could, showed off what they stole, and had a standoff with police. Clearly both situations are not equal and saying that both should have the same consequences minimizes Trump’s actions and blatant disregard of the judicial system and American people.




  • This is giving him way too much credit, thinking he’s some mastermind who engineered this whole thing. He’s very wealthy and addicted with twitter, and started amassing a lot of shares of the company. He didn’t really care to own it, and instead tried seeing if he could sway Twitter to benefit him, namely by trying to ban the Elonjet account. That didn’t work, so he used his classic 420 joke to say he’s going to buy Twitter for $54.20 per share, which was way above market rates. He had to be literally sued to purchase the company, after trying to get out of the deal.

    Once he was forced to buy the company, it was the company that assumed the debts, not Elon, so it immediately was performing terribly, and Elon had to cut costs, firing employees, not paying rent and server costs, etc. Nothing was planned out ahead of time, the company is flying by the seat of its pants. And arguably the second most prominent user of the platform, the next President, has a competing platform and is directly invested in seeing that succeed, not Twitter/X.

    If anything, both Elon and Trump are the modern epitome of failing upwards, exploiting the labor and systems in place to protect Americans, just so they can make more money for themselves. The fact they’re celebrated as much as they are is disgusting.