hahahahe

9 ms·

31.
by hahahahe 6y ago
Exactly. Contrast that with another oil rich country that did something: Norway.
32.
by hahahahe 6y ago
I remember when SA and UAE wanted to build fabs in the middle east in their never ending effort to diversify away from oil. They soon realized they don’t have the workforce without importing skilled labor. SA has one of the [hardest-to-moti
33.
by hahahahe 6y ago
The jokes on you because it’s worth $1M.
34.
by hahahahe 6y ago
I still don’t understand why people use Shopify. And on top of that people equate them to being the next Amazon. Boggles my mind.
35.
by hahahahe 6y ago
That used to be case when you had to clear certain hurdles to IPO and stay listed. With the recent SPAC craze you no longer have to meet any of those. All you need is a credible narrative. In that environment, no, you shouldn’t expect stoc
36.
by hahahahe 6y ago
Man I just assumed it was Thursday because that’s when it usually happens. But yeah it was the tweet that snowballed.
37.
by hahahahe 6y ago
Weekly option expiry. They waited until Thursday afternoon. Plus Ryan Cohen’s tweet.
38.
by hahahahe 6y ago
If US govt banned bitcoin and the exchange of it to USD, bitcoin will go to zero. And no one will be willing to defend it because it’s quite literally backed by nothing tangible or intangible.
39.
by hahahahe 6y ago
Except bitcoin derives its value from...USD. It’s there because you can buy and sell with...USD. You see where I am going?
40.
by hahahahe 6y ago
So they’re buying bitcoins with the money generated from their payment business. This is far worse than any toys Zuckerberg ever bought for Facebook (except for Libre).
41.
by hahahahe 6y ago
I am convinced Nvidia is deeply involved in the crypto space more so than they care to admit. I can’t wait until Apple matches or surpasses Nvidia so we don’t have to listen to Jensen’s lies quarter after quarter about how insignificant cry
42.
by hahahahe 6y ago
I am convinced being a skilled machinist with proper engineering background will be one of the hottest career tracks in the next couple of decades. Seems demand for small batch production is only going to increase.
43.
by hahahahe 6y ago
I don’t think it does any of the things you mentioned. It’s a vehicle for speculations and money laundering.
44.
by hahahahe 6y ago
Think more interesting number would be total paid-in capital. That would be a better metric to gauge the baseline value. My guess is it’s closer to $10-20B.
45.
by hahahahe 6y ago
Second US stimulus package plus inflation fears in recent weeks. A lot of it is speculation to be fair. As gold didn’t perform and lagged bitcoin, most institutional players bet on bitcoin instead.
46.
by hahahahe 6y ago
Innovation is always inflationary.
47.
by hahahahe 6y ago
This is a joke right? This also confirms their figure (5-10%) for crypto mining was a blatant lie.
48.
by hahahahe 6y ago
Free-market capitalism almost always leads to monopolies. That’s the whole game. Not really competitive is it?
49.
by hahahahe 6y ago
He lucked into a ten-sigma event. That’s luck even if you had the call right. Then he held onto the gains for internet points. That last bit is what gets me the most. This guy doesn’t even compare to some of the epic retail traders we had i
50.
by hahahahe 6y ago
Illustrates his ineptitude in analyzing stocks. He literally lucked into $50M. Then he proceeded to squander $35M for internet points.
51.
by hahahahe 6y ago
The more I look at Rust the more I realize it’s going to become the next standard language.
52.
by hahahahe 6y ago
I would like to see a polished Python package for data, math, and science, similar to Mathematica. Or perhaps Wolfram can start supporting Python? I’d actually use that over Pandas/Conda.
53.
by hahahahe 6y ago
Can someone explain how the ninth largest economy in the world where it is dominated by the largest energy companies in the world failed so miserably? This is all self-inflicted.
54.
by hahahahe 6y ago
Wait till Satoshi is revealed to be Jensen Huang.
55.
by hahahahe 6y ago
The same thing happened in March 2020. r/wsb was filled with people holding spy puts when VIX hit 80. They kept saying diamond hands as if the entire market is going to zero because of “quad witching” expiry. It’s a recurring theme.
56.
by hahahahe 6y ago
Well aware. Again, not a fan of crypto at this point but just on a relative basis it seems ETH is a logical choice to come out ahead.
57.
by hahahahe 6y ago
If anything this is going to drain talent from other places toward traditional big techs. WFH greatly increased talent pool for top payers.
58.
by hahahahe 6y ago
This is why I think a big land grab will happen for ETH. And even though I think bitcoin is grossly overvalued, ETH could accelerate and possibly surpass bitcoin in terms of paid-in capital. PoS, at least in theory, creates future cash flow
59.
by hahahahe 6y ago
Just a very noob question here. When carbon is released into the atmosphere where and how does it disperse? Can we expect it to gradually concentrate in lower elevations or in certain geographical traps?
60.
by hahahahe 6y ago
So artificial exclusivity all over again. We tried this for the past decade.

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