There are evil people out there, and they fuel the flames.
Instead of building, they steal, instead of creating, they destroy.
They are driven by a belief in scarcity--that for them to have, others must not.
The people who cheer at this mayhem are fools who think they missed out. They can't stand other people making money. Because they can't stand artists making money. Because they can't stand women making money. Because they can't stand people from "foreign countries" making money.
They'd rather see the world burn or go back to the dark times.
This is foolish and small-minded.
In crypto, there is a floor. It is ZERO. It is "no crypto."
What crypto doesn't have is the ceiling.
There is no ceiling.
It is not a zero-sum game.
WHEN YOU BUILD, MERIT ACCUMULATES. THERE IS NO LIMIT TO THE AMOUNT OF MERIT ONE CAN ACQUIRE.
The benefits should flow to everyone and not some at the cost of the others.
Matt Levine is my favorite source of insight into the nitty-gritty of financial markets. He has an uncanny ability to take what would be the most boring minutiae and turn it into a fascinating and well told story.
I don’t see a problem with what Robinhood is doing. I don’t trade stocks all day. I’m not worried about 10 cents price improvement. By the time I enter my limit price and click buy or sell the price has already ticked up or down.
I buy the stocks that I think will go up over time.
There’s a psychological impact of commissions. When you click the button you have immediately lost money. Now you have to make it up!
I don’t want to be reminding myself “ah, but I paid the $2.34 commission and got my 10 cents price improvement so I came ahead by $1 on a $1000 trade”. Or whatever the actual numbers add up to be.
If the price was $58.10 and I put $58.50 limit (so it doesn’t tick away from me before I click) and the order gets executed at my limit or less and I pay no commission, it seems like I would’ve gotten what I wanted.
How much of that is climate change and how much local development policy?
There is an ever continuing push for creating extremely high density urban areas with hardly any greenery. Those are becoming barely habitable.
Cramped offices, people packed like sardines.
Does it have to be this way to sustain economic activity that leads to prosperity? Can’t we somehow spread it out a little more and give everyone some room to breathe?
There is a very simple reason why crypto aren't going anywhere -- wealth generation.
For a lot of people in many parts of the world the (still) unregulated nature of crypto is the only way to generate wealth.
How does one get wealthy? I'm not talking about paying my bills for the next X years until I die. I'm talking about starting with no money in your bank account as a young person and building your way to a decent amount of money by certain age, let's say 35.
Work won't get you there. If you live in a good place and have a good job then you can have a comfortable life. But good luck building wealth when taxes are 40-50% and rent is 30% of your salary.
Business? If you're lucky, maybe. It's hard. Few will make it. Barriers to entry are large in many places. Paperwork, company taxes, accountants, etc. You'll be trading all your free time and sanity for a chance to succeed.
Crypto! Yes, right now it's an online casino of sorts. But many companies are building sophisticated financial services on top of it.
Take Binance and BNB for instance. BNB is designed to appreciate if Binance is doing well. It pays dividends. It's an interesting instrument! Binance is a real company that makes real money which says "we made this thing and if we will do well then so will you".
Young people will find something in the new and weird online economy.
When I was a teen I used to sign up with multiple emails for beta keys for online MMO games, and then sell those keys. I made some money that was very useful when I went to University. Without that I simply wouldn't be able to make any money back then.
Crypto is a little bit like that right now except the demographic involved is different.
> a strong anti-vaccine stance that and are promoting Ivermectin
I would assume that the core of this sentiment is something like “vaccine is a semi-permanent modification of immune response while ivermectin is a temporary chemical adjustment”
I wish DataHand was still made. The 3d printed keyboard based on DataHand looks very interesting but right now I don't have time to invest into making custom hardware.
Why are all the masks single use? Why can't we make reusable masks that can be disinfected by UV light?
Structurally those masks are pretty solid. I can easily wear a single surgical masks for quite some time.
But would need some way to disinfect it!
EDIT: if everyone wore masks, like in Japan (where I live), then it would limit the spread. If you're in early stages of the infection and you have no idea, but you war a mask then you're less likely to infect other people.
AFAICT Japan isn't doing anything radical to stop the spread and yet the virus is not spreading much. At best Japan asks infected people to stay at home. No lock downs or quarantines. Bars, cafes, gyms and theaters are all open. Life goes on.
What's the magic? Almost universal use of masks is the only reason I can think of because I haven't seen any other measures in the society.
Yes, they closed schools but they usually close schools to some degree due to influenza.
Here’s another question: isolation... and then what?
Sit at home until 2021 when we maybe have a vaccine?
I don’t see how we make this virus disappear so while I can see how people staying at home can stop the spread, what happens when they leave? Back to square one?
Maybe UK approach is better.
Maybe we should infect young people deliberately. Here’s Netflix, some books, some video games, some virus, stay at home for 2 weeks. Build up herd immunity. Get a paper, move on.
That’s UK approach except they wait for clusters to pop up. Why not make them? Control the infection rate.
If the chances are everyone gets infected would be better to chose when!
I keep hearing “masks are useless”. If every person who has any cough or any chest tightness or any sore throat, however mild, put on a mask, wouldn’t that stop the spread?
I live in Japan. It started here earlier but didn’t explode. Nothing is closed. Business as usual. everyone wears masks.
Most cases in Hokkaido. Maybe because it is much colder there and easy to overexposed and tax the immune system.
I’m simply adjusting my body to weed frequency. I need a higher concentration THC over time because my body raises in frequency.
But I live a clean life. Many mix weed and cigarettes.
To me, cigarette smokers are dead. I don’t care what they think, I don’t associate with them, I don’t go where they go.
Clean and healthy weed smokers know this.
UK is in dark ages in terms of weed culture. None of them knows what they’re talking about.
They don’t smoke weed. They look and numbers, think things, and write nonsensical documents.
That’s not research.
I smoke weed and study neuroscience every single day.