JamesianP

9 ms·

31.
by JamesianP 4y ago
You're giving an example of a child not motivated by ideology to prove everything is an ideology? Or is the example to show that everything can be instinctive too? If so how can you argue with certainty that anything is ideology? What
32.
by JamesianP 4y ago
I'd say "caring only about money" is the complete absence of ideology since it just chases personal benefits. Just operating on basic instincts using more sophisticated mental skills. There are some who claim that they engage
33.
by JamesianP 4y ago
surely that's already patented
34.
by JamesianP 4y ago
They would make money by colluding with one of the players and taking a cut of their winnings. Or sometimes they just get hacked. It does make sense that in a lot of player-versus-player games, online makes it more risky.
35.
by JamesianP 4y ago
I can't read the article (but gazing at the words, I almost feel like I can...) but I'd guess that all of their software needs are covered by other software systems licensed by the govt. And that this ban is more to make people st
36.
by JamesianP 4y ago
Looks like an Audi. Perhaps a bit of Porsche in there (i.e. more Audi). Makes sense when you consider the Audi people they hired. I certainly agree with the sentiment that it is an improvement though. And that modern high-volume passengers
37.
by JamesianP 4y ago
Can someone explain this trick to me. How can I benefit from a tax break on money that I gave away? given that I don't have the pretax money anymore either (you'll recall earlier in the story I gave it away..). Are they giving i
38.
by JamesianP 4y ago
I saw a couple highly-viewed youtube channels that made a big deal of it at the time. Either skeptics of crypto or contrarian types generally.
39.
by JamesianP 4y ago
and it hasn't spent billions in investor money to subsidize our banana-purchasing experience.
40.
by JamesianP 4y ago
Which is somehow even more embarrassing.
41.
by JamesianP 4y ago
> Turns out the rich and powerful of Silicon Valley aren't super smart and wise folks to be looked up to. > They're just regular people, a lot of them ignorant, that got lucky. This becomes immediately clear the first time y
42.
by JamesianP 4y ago
The Bahamas has a total population of a smallish city and surely a national budget to match. Grabbing 500M anonymously (while letting everyone run around for days thinking it was a hacker) doesn't make much sense either. Did they put t
43.
by JamesianP 4y ago
If you abandon your ideals when it conflicts with your own self-interest, it is not ideology at all, just self-interest. You are criticizing integrity here. such as it is..
44.
by JamesianP 4y ago
> If your strategy makes a lot of money for years, but then loses more than anything you've ever earned, it's a crappy strategy. Depends who's money you're playing with. If you profit on the way up and only your custo
45.
by JamesianP 4y ago
VC's also have a high risk tolerance. Not every investment is even expected to pay off. So yes from their perspective, they took a risky bet and lost. But they'd still have a case as victims if FTX signed contracts and then violat
46.
by JamesianP 4y ago
There is a saying that you invest in the leadership not the company. So the whole personality hype probably was indeed big for getting investment as well as keeping investors from insisting on putting their own "guys' in charge (m
47.
by JamesianP 4y ago
As I understood it, Google Drive was mainly just the storage that was previously free with Google Docs (from 2006 or something).
48.
by JamesianP 4y ago
I thought the point of shadowbanning was to trick the poster into thinking their posts were visible while they were hidden from everyone else. Here it seems like the poster and anyone else can directly search for the poster's account o
49.
by JamesianP 4y ago
It would be more analogous to some state announcing it will not bail out a state-sponsored corporate enterprise, and instead allow it go bankrupt in a downturn. From another perspective it is sanity, protecting taxpayers from being on the h
50.
by JamesianP 4y ago
They were corporate bonds from a partly-govt-owned corporation. And the rating was only A1 which is good but well below the AAA that US savings bonds get. Meta just sold some bonds that got rated at A1.
51.
by JamesianP 4y ago
Well I mean it is an objectively solvable problem. Personally I vacillate between fear of the future and optimism of the future. Peers expressing the opinion that there's nothing to feel bad about helps my perspective a lot more than p
52.
by JamesianP 4y ago
There is a loss, and people (especially more recently it seems?) sometimes are unable to cope at all with loss. I do agree it's unhealthy and extreme to put it that way. A dead loved-one is never coming back. That is a pain you must le
53.
by JamesianP 4y ago
Perhaps the pseudoscience label is used too sparingly. When people treat something that is not science as science, that is pseudoscience. Modern society is awash with it, as was 19th century medicine. I'm not sure how much real science
54.
by JamesianP 4y ago
At least one bright side. The victims definitely have a case against FTX and gang, but not against me or other taxpayers..
55.
by JamesianP 4y ago
Certainly that's true of the overall sector. But crypto as a technology has some advantages and some disadvantages, same for traditional banking. People were arguing even before the crash that FTX was combining disadvantages of both.
56.
by JamesianP 4y ago
Obviously all their planning did not account for issue #3 either way. But perhaps their concern was simply having actions like #2 exposed, and more generally the value of their company (which goes hand-in-hand with the value of their variou
57.
by JamesianP 4y ago
> An interesting part of Madoff recoveries were through settlements against originators/feeder funds because they « ought » to have known it was a ponzi. Did the judge say that? I would think the logic was that they were effectivel
58.
by JamesianP 4y ago
Or just to people losing money who would have lost more had Alameda not bought from them on the way down.
59.
by JamesianP 4y ago
I think the "gambling" you referred to was their point, not the accounting games they subsequently played to try and get back into the black.
60.
by JamesianP 4y ago
How about various forms of IP? They're just intangible rights. They give you a certain monopoly, which is one (admittedly odd perhaps) way of describing a cryptocurrency (or anything encrypted when only you have the key). The fundament

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