anm89

67 ms·

661.
by anm89 4y ago
"This system works great except when it doesnt" If public schools, run by the government, don't work great when politicians get involved than that means they are not a good option.
662.
by anm89 4y ago
This makes me really happy. These companies treat this stuff as unimportant edgecases because it only happens in a couple of cases but when you are the size of carvana, your edgecases can cause major disruptions in a huge number of people&#
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by anm89 4y ago
I don't really care about this but: I've got this friend, he's a really good guy, a stupidly hard worker, maybe a little naive from my opinion in that he doesn't question mainstream narratives a lot but obviously very in
664.
by anm89 4y ago
This isn't a particularly clever argument. It is trivially easy to maintain a currency peg. I could issue one hncoin tomorrow, peg it at a dollar, and hold a dollar in escrow and my coin is pegged. It'd hard for governments becau
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by anm89 4y ago
Yeah , I'd imagine extra liability related to a death is probably a pretty good explanation. Government theory is interesting as well. Thanks for the input.
666.
by anm89 4y ago
why would you pay 110% up front to demolish? It seems like they are intentionally incentivizing the worst outcome. Or is there some reason they wanted these people to demolish their homes? I mean if they were trying to avoid claims on thes
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by anm89 4y ago
No party lasts forever. I'd say if anything, the astonishing thing was how long this party lasted.
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by anm89 4y ago
He is explicitly advocating for the worst. That's the literal title. If you made a spectrum of options, he's advocating to go as extreme on that spectrum as you can. According to him, anything beyond the good will used bin is the
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by anm89 4y ago
Old gross junk isn't all I have right now. So I'm happy to take the option. I guess I'm supposed to be embarrassed by that according to certain people? I'm not at all.
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by anm89 4y ago
Sure. I just don't care. I've got $40 and that's my preference.
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by anm89 4y ago
I have an appreciation for Moxie's argument but I think the first guy (Dustin) is a bit of a strawman here. As someone who more or less agrees with the "buy nice stuff once so you aren't constantly accumulating shit" man
672.
by anm89 4y ago
https://apnews.com/article/economy-inflation-jerome-powell-9... Powell Is already hedging that he can't provide a soft landing
673.
by anm89 4y ago
Interesting anecdote. I'm looking for some land right now and my real estate agent is 23. He was telling me that amongst his friend he is mocked for having a job whereas the goals of every single one of his friends is to collect as muc
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by anm89 4y ago
I think he's just saying they can put their money in the stock market. I thought what you thought when I first read this.
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by anm89 4y ago
I'm a big fan of your work with Casey and his Brother
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by anm89 4y ago
Thank you, jsiaajdsdaa from the internet, for finally pushing all of humanity towards the correct acttions and to stop wasting time "not actually accomplishing things". Everyone was really confused right up until you pointed that
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by anm89 4y ago
I'll never understand this. Seemingly, in modern lingo, ponzi scheme means "any unethical thing relating to investments". People will argue to death that any scam investment is a Ponzi even when they have nothing to do with t
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by anm89 4y ago
Dead wrong. This is the major take away from 2008 that has been widely reported on in pop media. The junk was repackaged so it could be stamped AAA
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by anm89 4y ago
Yes, this is the nature of arbitrage opportunities. You are leveling the price of two assets by moving liquidity. You keep doing it until the prices normalize and the arbitrage opportunity dissapears. In this case "normalizing" wa
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by anm89 4y ago
Yeah, that guy definitely got what he deserved here. What a scumbag. He would respond to people pointing out these problems in the past by saying he doesn't talk to poor people. Hope he's bankrupt although I doubt it.
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by anm89 4y ago
This article reads like a 14 year old who is mad at society for the first time in their life. "That website is made by a company worth 14 Billion with a B!" There are around 1000 companies with a Billion or greater market cap. Is
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by anm89 4y ago
I wouldn't even call it an `understanding` more just a `reality`. Markets can stay irrational longer than you can stay solvent and the last 10 years have been an amazing case in point, but they can't stay irrational literally fore
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by anm89 4y ago
You are comparing the worst of crypto markets to the best of traditional markets. NFTs are like the equivalent of Peloton in the the traditional world. A nonsense concept made to raise capital from people who like a shiny narrative but can&
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by anm89 4y ago
Still don't think it's likely but agree with non trivial. I've got my popcorn ready.
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by anm89 4y ago
no
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by anm89 4y ago
Watching this in real time. Crazy. Currently at .97.
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by anm89 4y ago
This isn't surprising or complicated. In a liquidity crunch you sell whatever you've got. These assets are going to correlate because they are all interchangable: things you can get rid of to get cash.
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by anm89 4y ago
USDT peg is totally fine.
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by anm89 4y ago
I've spent a lot of time thinking about this. I think a problem is that within certain bubbles, the extreme viewpoints are genuinely really ubiquotous but if you have certain other cultural preferences it can be hard to escape those ot
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by anm89 4y ago
Good luck.

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