colinmhayes

12 ms·

31.
by colinmhayes 4y ago
Ea probably isn’t super worried about crypto gamblers tbh.
32.
by colinmhayes 4y ago
Coin base doesn’t offer margin loans?
33.
by colinmhayes 4y ago
EA was created by will macAskill at Oxford.
34.
by colinmhayes 4y ago
OP is complaining about SBF coming into ea and using his crypto money to donate huge amounts to speculative and sometimes even harmful causes such as ai safety and that Oregon house seat instead of meat and potatos ea causes of global healt
35.
by colinmhayes 4y ago
and in modern terms it makes you a social pariah. Really though trimming the fat probably refers to a butcher removing the unwanted flesh from meat, not losing weight.
36.
by colinmhayes 4y ago
You're required to put forth a good faith effort to act in the shareholders interests, but no court would say choosing country over company breaks that law. The CEO would certainly be fired though, so it still won't happen.
37.
by colinmhayes 4y ago
> legally required to prioritize quarterly profits over the long-term success of the company or to pay employees as little as possible, as is often mentioned. Obviously this isn't a legal requirement, but pretty much every CEO would
38.
by colinmhayes 4y ago
I don't think Mark saying "we're going to focus on the metaverse instead of making money for a few years" is a meltdown. They're still making money, their earnings are still sky high, they're just spending more
39.
by colinmhayes 4y ago
Earnings down 4% in bad macro conditions for advertising and compared to a pandemic when people spent more time on the internet. I don't think facebook revenue is going anywhere soon, a decade from now though who knows.
40.
by colinmhayes 4y ago
Because it's run by an unaccountable megalomaniac who has signalled that he doesn't give a shit about his investors, not because of any fundamentals.
41.
by colinmhayes 4y ago
"Even the largest crypto exchanges are scams" is bad for the crypto space as a whole.
42.
by colinmhayes 4y ago
Binance has already taken on FTX's customers/
43.
by colinmhayes 4y ago
They hired way more than 8k over the pandemic. Doesn't seem unreasonable to hire 8k over the next year even with half as many recruiters.
44.
by colinmhayes 4y ago
My performance reviews are largely based on the quality of code too. Reviewing code doesn't just mean counting lines.
45.
by colinmhayes 4y ago
And Mississippi is truly the shittiest state with by far the highest poverty rate and lowest literacy rate. The other 49 states are even nicer than europe.
46.
by colinmhayes 4y ago
but they're the reason you can't...
47.
by colinmhayes 4y ago
> The lack of inventory and inflated pricing are a direct result of the corporate buyers' actions over the last six or so years. No, it's because we stopped building homes after 08 but didn't stop wanting new ones. The REI
48.
by colinmhayes 4y ago
Home prices won't drop unless people are forced to sell by massive unemployment. Otherwise they'll just sit.
49.
by colinmhayes 4y ago
How could people rent if it's prohibitively expensive to own multiple homes?
50.
by colinmhayes 4y ago
They claimed their monthly, daily, and total engagement are all up in this quarters earnings. Ads shown up 17% price per ad down 18%. Doesn’t seem like losing users.
51.
by colinmhayes 4y ago
I mean meta is a business, not a charity. They’re not going to employee people who aren’t furthering the mission.
52.
by colinmhayes 4y ago
Bezos sells tens of billions of dollars of amazon shares some years.
53.
by colinmhayes 4y ago
I don't think people would use a music streaming service that doesn't have all the content they want. I think the record companies agreed to the streaming deal because they saw that piracy was a legitimate issue, and the business
54.
by colinmhayes 4y ago
Because they wanted to create a liquidity crisis in FTX that would force FTX to sell itself for a discount?
55.
by colinmhayes 4y ago
Did anyone actually believe they weren't loaning out user funds? How were they funding their massive leverage programs? How were they loaning all that money to SBF's trading firm?
56.
by colinmhayes 4y ago
not sure about this one.
57.
by colinmhayes 4y ago
FTT is not a stablecoin
58.
by colinmhayes 4y ago
I've met many people I would not trust to determine this was an opinion piece based on the title alone.
59.
by colinmhayes 4y ago
He was probably thinking the offer would leak and give him publicity, which it did.
60.
by colinmhayes 4y ago
FTX's ceo also runs a prop trading firm which is the real source of his wealth. FTX loaned the trading firm billions of its own token FTT. FTX also gave binance billions of dollars of FTT because binance invested in them. Over the week

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