Bubble_Pop_22

11 ms·

91.
by Bubble_Pop_22 4y ago
> It speaks to someone too sensitive to tolerate views that deviate from those of a narrow ideological narrative The only thing that's narrowly ideological is the blind idolization of the so called tech cult ehm...I mean thought lea
92.
by Bubble_Pop_22 4y ago
Finance is a legit use case. If you think it's not then by extension you have to write off the legacy financial system as well. Think about something like private/public pensions, annuities etc. A cogitating being knows that they
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by Bubble_Pop_22 4y ago
> centralized trust and human financial fraud. Uniswap and Aave withdrawals are working just fine. Finance always follows commerce. It’s commerce which ultimately creates an organic price floor for assets. Given that no commerce exists i
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by Bubble_Pop_22 4y ago
> 24x avg. daily withdraws Something something about sudden black swans and fat tail events. It doesn't even have to be about FTX either, can be anything, if Musk takes more drugs than usual and tweets something like: "Lost all
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by Bubble_Pop_22 4y ago
Proof of Assets is valid technically speaking but it's worthless without proof of liabilities which cannot be possibly verified In theory each and every Bitmex user should get in a telegram/slack channel and self-declare the amoun
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by Bubble_Pop_22 4y ago
Trading fees when your volume is billions? Nothing? Also what about IPO so that you can exit and enjoy 500M-1B of real net worth? 1 real billion > 20 make believe
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by Bubble_Pop_22 4y ago
> Yes, it is, which in practical terms means that the company behind Tether should own real-world assets that cover all the outstanding USDT. Asset. Not assets. There is only one asset that an operation so big and trusted by so many shou
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by Bubble_Pop_22 4y ago
> digital real estate was purchased for millions. It was purchased for millions AT THE TIME OF PEAK MANIA . big difference Also it was purchased for millions by the only guy in the world willing to pay millions for it… Don’t extrapolate
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by Bubble_Pop_22 4y ago
What's wrong with social media? It's not boring enough. Just go out in the real world to buy some groceries and you'll see how boring and mundane the whole experience is. Big social media platforms are populated by 3B people
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by Bubble_Pop_22 4y ago
It's not about making a huge leap, but Oxfam is stressing a huge pressure point for marginal improvement of the climate change issue. Billionaires should not comment when asked, nor should they take initiative to speak on the issue. T
101.
Ask HN: How much does it cost to create a cryptocurrency exchange?
2 points by Bubble_Pop_22 4y ago|2 comments
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by Bubble_Pop_22 4y ago
> It is actually irresponsible to the users (risk management wise) to be keeping all that cash in hand 24/7. The easiest bad case example: are you keeping all your savings under your mattress? "We never block withdrawls" i
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by Bubble_Pop_22 4y ago
Exchanges big wallet are public info on the blockchain IIRC. The huge problem is that you'll never know if they add up because you'd need confirmation from every user of the exchange who'd have to self-declare their crypto-we
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by Bubble_Pop_22 4y ago
all the abundance of stimulants ranging from nicotine to coke :)
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by Bubble_Pop_22 4y ago
Such an amazing theatrical play. So FTX is AIG and Binance gets to play the Fed. What happens in the second act when Binance transitions to its next role of Lehman but there is nobody to play the Fed?
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by Bubble_Pop_22 4y ago
Lots of stuff changed since the Middle Ages, antibiotics took the place of leeches, we know that the Earth revolves around the Sun, we can take pictures of Black Holes... What hasn't changed is that given the opportunity everybody want
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Billionaires emit a million times more greenhouse gases than the average person(cnbc.com)
13 points by Bubble_Pop_22 4y ago|4 comments
108.
by Bubble_Pop_22 4y ago
There was an user a couple of days ago who linked a method to hide threads about Musk on HN. Does anybody have the link? I am on mobile but I am sure it will pop
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by Bubble_Pop_22 4y ago
> What is it you think we do, then? Focus on the stuff we can control and ignore the noise? Isn’t that one of the hallmarks of supposedly high IQ people? Separating signal from noise? Whatever happens at Twitter you cannot change it, and
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Ask HN: Beside sports what other job offer a fine mix of tension and resolution?
2 points by Bubble_Pop_22 4y ago|2 comments
111.
by Bubble_Pop_22 4y ago
> Only politics? When the owner becomes super political then it alienates 50% of the country. Companies don’t care one iota about politics, they want their publisher to be a partner and a force to propel their commercial product. Of cour
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by Bubble_Pop_22 4y ago
> If Meta was to collapse, that would be extremely disruptive to everyone who currently uses their products. You have to be willing to risk what you have in order to achieve the next leap and an even bigger vision. It's true for eve
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by Bubble_Pop_22 4y ago
This is how things should be. Meta is using all the huge FCF generated in the 2010s to propel the company to next leap. There should be mechanisms at the Govt. level to force CEOs to bet the company at least once per decade. I applaud Zuck,
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by Bubble_Pop_22 4y ago
Given their prices I guarantee you they aren't regular people. Also 500k is a rounding error for T-Mobile , AT&T, Comecast etc.
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by Bubble_Pop_22 4y ago
Tesla would not exist today if it wasn't for Government mandated climate panic. It's a company selling subsidised go-karts to rich people in California and New York due to the out-of-touch worries of neurotic politicians in D.C. ,
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by Bubble_Pop_22 4y ago
That's good. We know what Facebook is and does. Pioneers need to put all the chips on the table and risk them all in order to get to make the next leap. You can make the argument that nobody deserves such huge decision making power, bu
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by Bubble_Pop_22 4y ago
Somebody said Samsung?
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by Bubble_Pop_22 4y ago
> by the way, that would leave an addressable market of close to 1B people Hell would freeze over before Musk would even dream about making a philantropic service for poor people, because that's what you are describing. The poorest
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by Bubble_Pop_22 4y ago
> You are plainly wrong. Out of 50 Falcon 9 launches this year only 3 had DoD payloads. If it's not DoD then it's military stuff from allies or Turkey, if it's not that then it's Starlink. In any event the point still
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by Bubble_Pop_22 4y ago
Tesla and SpaceX are political organizations basing their revenues off political trends Tesla: Climate change political trend SpaceX: Defense/National Pride political trend Organic exports, investments and consumption would not be bene

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