boh

40 ms·

481.
by boh 6y ago
Asset values don't reflect economic impact/relevance (as in a $100MM Picasso doesn't indicate $100MM of economic activity). That's why GDP is used as an indicator for economic growth, not market caps.
482.
by boh 6y ago
Policies don't have the same power of law, they do however include incentives for compliance. My cable company doesn't have to go through Congress to pass legislation to have me comply in paying my bill. They can choose to give me
483.
by boh 6y ago
Feel free to present a case where the economic impact of gaming is less than Bitcoin (feel free to include every crypto-currency ever made in that comparison). Market caps in speculative, unregulated markets aren't indicators of econom
484.
by boh 6y ago
True, and honestly this can happen before they even get near the mining cap, since computational costs will likely be unsustainable before that.
485.
by boh 6y ago
No you really can't. Gaming employs large amounts of people, sustaining economic growth as well as innovation (GPU development was originally sustained by demand related to gaming) . Bitcoin has little economic impact relative to its e
486.
by boh 6y ago
I mean it's just a standard economic argument concerning the use of scarce resources. All your examples have a higher impact on the real economy vs. Bitcoin. As in, these industries employ large numbers of people and sustain economic g
487.
by boh 6y ago
Not a fan of this sort of argument logic. Y is like X to a lesser degree, and no it's not as good as Z, but does that mean Y is bad? We're only talking about X and no it's not a good store of value given the other options.
488.
by boh 6y ago
If the economics of verifying transactions is no longer sustainable, the code will be updated to allow more mining. That's something no one wants to admit, but the SegWit soft fork confirmed the influence concentrated miners have on de
489.
Wall Street wants Biden to crimp tech rivals(ft.com)
1 points by boh 6y ago|0 comments
490.
by boh 6y ago
This article assumes grading and categorizations leads to non-mediocre results. And yet, to use the article's own example, Steve Jobs took classes at Reed college without actually being enrolled, losing the opportunity to even get a &q
491.
The Amazon machine: Jeff Bezos’s revolution – and complicated legacy(ft.com)
2 points by boh 6y ago|0 comments
492.
by boh 6y ago
Our American founders, who are so venerated as the architects of the country's acceptance of free speech, were not too keen on an unfettered discourse of the masses. Coming from a time when the public’s reach was limited by expensive d
493.
by boh 6y ago
One of the worst aspects of a SPAC is that it's essentially a grab-bag purchase since even once you know the company being bought, you still don't initially know whether it's a good investment. This is true even if you'r
494.
by boh 6y ago
Many years ago, I remember going to Borders Books (years prior to its bankruptcy) to buy a book by James Baldwin. I looked in the literature section and surprisingly none of his books were there. This was pretty odd since most bookstores ca
495.
High-speed traders reap windfall from retail investor boom(ft.com)
1 points by boh 6y ago|0 comments
496.
Rocket startup Astra is going public vis SPAC(techcrunch.com)
2 points by boh 6y ago|0 comments
497.
by boh 6y ago
Anyone else just completely not interested in any app interpreting our "emotional state". That's just creepy.
498.
Reddit Crew May Find Commodities Harder After Roiling Silver(bloomberg.com)
4 points by boh 6y ago|4 comments
499.
Zero-fee trading helps Citadel Securities cash in on retail boom(ft.com)
1 points by boh 6y ago|0 comments
500.
by boh 6y ago
Exchanges are able to decide what to halt (obviously since that's what they did). The SEC/class action suits are free to argue the issue, but the likelihood the suit will succeed is low and SEC intervention (beyond an opinion stat
501.
by boh 6y ago
No this actually happens and it's not the first time (see retail investors vs dot com bubble for more). RH likely has lawyers that referenced past instances of SEC action and decided to take the path of least resistance.
502.
by boh 6y ago
It is. Halting trades always produces winners/losers. Retail investors are RH's biggest customers. They're diminishing their risk of suits they'd likely lose/regulatory scrutiny by halting buys. The SEC will more li
503.
by boh 6y ago
Various trading halts occur fairly regularly. If it's possible to win a suit against an exchange halting trades, institutional investors would be suing exchanges on a regular basis. Also the creation of the SEC was essentially to prote
504.
by boh 6y ago
This story is far less dramatic than the media is making it out to be. Short-sellers are a fringe group within the industry who often totally fail on trades (short selling is a pretty risky bet with an unlimited downside). This situation is
505.
Facebook’s Zuckerberg Sees Battles Escalating with Apple on Privacy, Messaging(wsj.com)
3 points by boh 6y ago|0 comments
506.
by boh 6y ago
I could see how a regulator can peg Wall Street Bets as some vague case of market manipulation, but this is a whole new level. They're closing the public out of the public markets. There's really no formal argument to support this
507.
Intel reveals ‘hacked’ earnings release was on guessable URL(ft.com)
18 points by boh 6y ago|1 comments
508.
Japan’s anime goes global: Sony’s new weapon to take on Netflix(ft.com)
1 points by boh 6y ago|0 comments
509.
by boh 6y ago
Investing of any kind and everything affiliated with investing of any kind is 90% marketing.
510.
by boh 6y ago
I'm going to go out on a limb and assume this story has little traction in the mainstream, has a limited impact on anything Apple does or how the market perceives them. The real story we've been witnessing for decades now is how l

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