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Rob Trump or a crony and I bet the rules of the game change fast. These people do not have principles.
by duxup 2y ago
Rob Trump or a crony and I bet the rules of the game change fast.
These people do not have principles.
- sjsdaiuasgdia 2y agoYou are correct, that follows the pattern of Wilhoit's Law: “Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”
- rayiner 2y agoCollectible dolls aren't SEC regulated as investments. But they're still subject to laws protecting property rights.
- westurner 2y agoJeff Foxworthy, a comedian, once said: > Sophisticated people invest their money in stock portfolios. > Rednecks invest their money in commemorative plates. Are NFTs or memecoins more similar to (NASCAR) commemorative plates?
- rayiner 2y agoThat is the perfect analogy both for what NFTs are and who buys them. I’m stealing that.
- westurner 2y agoCollectibles are also subject to financial reporting requirements that apply according to the USD value at time of purchase and sale. As I said before in the past regarding "Elephant in the room: Quantum computers will destroy Bitcoin" https://news.ycombinator.com/item?id=43188345#43188777 https://news.ycombinator.com/item?id=43188345#43188777 : > The market does not appear to cost infosec value, risk, or technical debt into cryptoasset prices. > PQ or non-PQ does not predict asset price in 2025-02. But what about DOGE?