trixie_

12 ms·

91.
by trixie_ 4y ago
You have a bank agree to underwrite it because you have the collateral and when the purchase is made then figure out all the details. A large chunk of it will no doubt be re-sold to private investors.
92.
by trixie_ 4y ago
Or just team up with the other big owners who think the value would go up with him at the helm and...
93.
by trixie_ 4y ago
If he honestly wants to buy it which given the hoops he's jumping through seems to be the case then it's not 'manipulation' at all. Every move Elon makes is going to change the price. I think we all know he's not &
94.
by trixie_ 5y ago
Yea it's not complicated for a large financial institution to underwrite the offer. Plus he still plans to keep as many shareholders as he can still involved when it goes private so his final ownership percentage will be much lower.
95.
by trixie_ 5y ago
Yea people don't understand he has too much money to care about playing games and pumping/dumping shares. He basically can't take a breath without 'manipulating' the stock price of something.
96.
by trixie_ 5y ago
"does not go for" 0 nope all of his share holdings are just that, holdings. It's not until he liquidates any of those shares that the money be put to work. In that way it doesn't matter he he shifts billions into twitter
97.
by trixie_ 5y ago
Low-ball? Twitter is a financial dumpster fire.
98.
by trixie_ 5y ago
He literally said today an interview unless a tweet was blatantly illegal it should not be deleted. He also said if there is any grey area as well it should not be deleted. He wants to open up all the shady algorithms twitter is using to pr
99.
by trixie_ 5y ago
It would make sense if he needed the money, but he doesn't.
100.
by trixie_ 5y ago
Pretty sure his expertise is hiring the right people and having no qualms about firing the wrong people either.
101.
by trixie_ 5y ago
He wants to bring transparency to all the shady shit twitter does to manipulate the feed.
102.
by trixie_ 5y ago
There is so much more to this story, it reads like a hit piece. All the things he didn’t like about his Tesla doesn’t matter in regards to his 7 day trial. He never just went to the service center? The car has been in a scrap yard and yet
103.
by trixie_ 5y ago
Seems like something the customer could have figured out day one. Obviously that is an very important fact in this one sided story.
104.
by trixie_ 5y ago
Pedantic. (Almost) Everyone understands what 'Tesla doesn't advertise' means.
105.
by trixie_ 5y ago
Oh you're right, how much do you think they paid to broadcast those advertisements?
106.
by trixie_ 5y ago
It all feels like the early days of electricity. How to turn a neat party trick into something more useful, but it was those people who kept on at better and better party tricks that actually formed the foundations for what was needed to do
107.
by trixie_ 5y ago
It's also not as much the hardware, but the software running on the chip. Any programmer can make a fast chip feel slow if they're not careful. Especially year after year as changes stack up. Apple tends to not abandon old hardwar
108.
by trixie_ 5y ago
USD is manually managed to ‘tax’ holders 3% per year in the form of inflation. It is stable, but you do pay for that stability. Bitcoin on the other hand is not centrally managed for better or worse. It relies on a broad number of holders t
109.
by trixie_ 5y ago
The evidence is in the news everyday. Financial institutions, companies and individuals are all diversifying into crypto. It is a new asset class, and yes a volatile one.
110.
by trixie_ 5y ago
They're not trying to 'make money' more like maintain what they have. In the past 5 years this same situation has played out in many countries. Bitcoin really is the new gold.
111.
by trixie_ 5y ago
Plenty of people use crypto to buy things in local currency with a debit card from their crypto storage provider.
112.
by trixie_ 5y ago
That is true. No one knows the future. I do think bitcoin is still the most likely to get there first for various reasons.
113.
by trixie_ 5y ago
The cards should work wherever visa/mastercard is accepted. Here's one the specifically calls out Lebanon - https://spectrocoin.com/en/bitcoin-in-Lebanon.html
114.
by trixie_ 5y ago
It's not theoretical - coinbase, crypto.com, gemini, blockfi, etc.. all have debit cards. Use your crypto to buy stuff, get % rewards back in crypto as well.
115.
by trixie_ 5y ago
In these unstable countries you can see people walking away from cash. How much inflation in the US and around the world will people tolerate before diversifying into crypto. Looks like the ball is already rolling. The market cap for bitcoi
116.
by trixie_ 5y ago
It is definitely a hedge against fiat currencies. People are losing faith in central banks self control to not run the money printers full speed. Crypto is also way easier to transact compared to ACH and wire transfers. No need to interact
117.
by trixie_ 5y ago
It's a sign of mistrust in their own currency. The easiest way to use crypto is to load a debit card with it and pay in your local currency as needed. Layer 2 networks provided by debit card providers avoid transaction fees and waiting
118.
by trixie_ 5y ago
This is a good question. I am long on some company figuring out how to really streamline the home buying/selling process. Everyone dreads it, nothing worse than trying to buy or sell a home. These companies could be great buffers allow
119.
by trixie_ 5y ago
Paranoid, isolated man with a big red button in front of him that can take out every major city in the world.. It can absolutely happen. The subs are armed and ready. Literally the push of a button. The fact it hasn’t happened yet is someth
120.
by trixie_ 5y ago
Yes that is rational, but Putin is not acting rational. If the world backs him into a corner he might do something rash. He’s isolated, paranoid, and has a big red button in front of him.

More ›