greyenlightenment
investments: META/FBL, TSLA, TQQQ, TECL, MSFT ...
User ID: 68

When you read about Ross he failed on so many levels. Just the most basic opsec. I guess it worked out in the end . Pardon + huge donation + stash. The vast majority of peopel in his situation will not be pardoned.
It would seem that is a bad idea because now you've admitted to it after going through with the crime . It's like writing a confession letter and hoping nothing happens. The pure white hat way is to just disclose privately and hope you get some remittance or there is a bounty program. most do
Some of programs are surprisingly quite limited. Chat GPT cannot download videos off youtube for example. Or remove text from images. Some random website can do it, but not 'state of the art' AI. Instead it shows a guide on how to do it with python . So basically it's like google, instead of actually automating said task. It also runs into meager data usage limits when performing computations , like trying to to solve 4x4 systems of equations (it will run into limitations when trying to solve more 4 of these matrices in 5-10 minute interval), and makes mistakes with other operations such as complex logarithms. Again, crappy websites can do this without limitations. It excels at rewriting and text though. For a free program it's not bad, but does not live up to the hype either. So I think it may not be the economic gamechanger as some expect.
what do you mean? by almost every metric life has gotten better the past century? GDP keep chugging along too
If the feds determined the coins were procured illegally, any attempt at obfuscation becomes laundering ,even before it gets to the cash-out phase.
It seems like the cashing out part is where people get caught
Yeah but you always run the risk of being captured anyway. See what happened to El Chapo. There are no safe countries from the reach of the US anymore except perhaps North Korea.
I saw that. It's amazing how much MTG cards have appreciated over the past 25 years that the market can absorb such a large transaction. It's like an asset class in and of itself. someone should make a MTG card ETF or an ETF of MTG and Pokémon.
I saw an Nvidia presentation where Ai can be used to simulate an assembly line or an entire factory or warehouse, including even modeling the physics of the entire process of moving and assembling goods. Surely, there will some productivity gains from all of this.
Bitcoin continues to be useless for organized crime due to the transparency and permanence of the blockchain . There is no way to cash out even if the transactions are anonymous and not tied to a person.
Many of the elite human capital types are nominally middle class or even below, but are elite through degrees and reach, like low-paid journalists/interns or ppl with lots of twitter followers despite not having much money.
He would have at least been preluded from running . I think the deep state didn't want to risk an uprising if that happened.
When everyone has a college degree no one does. I think we've already passed the threshold for too many degree holders being paid too much money to do menial wrist and finger labour.
the data does not bear this out. the college wage premium remains persistently high despite more degrees. They are paid a lot because evidently employers see the value. Companies are obsessed with profit, so they would not spend more on labor, which is among the biggest expenses, unless necessary.
Anyone can afford to go to college. Anyone. It's just not that expensive. Yes, it's a lot more expensive than it used to be, and yes, the ROI is not as obvious or inevitable (though it was never inevitable) as it once was. But "working class" people buy more expensive things all the time--houses, boats, cars--and those things continue to cost money (beyond loan interest--there's also upkeep). A wisely-curated program of education will in almost any economy be a better long term investment than any of those things.
Yes, after accounting for scholarships and other programs, affordability is typically not the problem. The student loan debt is cheap compared to private debt like credit cards or car payments.
meanwhile, plenty of lower-middle-class people go into debt for frivolities as you describe.
Our educated and wealthy people are only human, and in my experience almost all of them can have their substantive thinking overwhelmed, at least on occasion and maybe more than that, by the need for social signalling.
yeah, it's status-seeking behavior, they are not morons. They are optimizing for status and an upper-middle class lifestyle.
I had a different idea. See my thinking is that qanoners are overwhelmingly middle class and below, and a lot of them are the kind of people who couldn't go to college even if they could afford it, which they can't. Not all of them, there are some very clever people involved, but most of the qanoners I've spoken to were primarily uneducated poor people.
interesting analysis, although I disagree about them being poor. I think they are representative of the 'low-status upper/middle class'. These are people who may have decent incomes and jobs, like involving contracting , HVAC installation, and small business, but they do not have much cultural capital or influence individually ,unlike journalists or academics. Their impact is felt at the voting booth other other collective action, like putting Trump in office due to high turnout in swing states or memetic warfare online, but they do not write Substakc or think pieces. Their social media accounts have few followers. Individually, they are unimpressive and not elite human capital , but collectively work as a singular driving force.
wow that is impressive
Trump had made it abundantly clear during campaign and after winning that there would be tariffs, and even when he floated some tariffs in January 2025 and Feb against Mexico and Canada , the stock market brushed it off, only to crash a month ago. The market seemed to have no problem with tariffs until only a month ago.
He didn't sound like this during The Apprentice . There are plenty of videos of trump pre-2016 when he's not campaigning and he sounds more normal. It's like he knows he has to dumb it down when on camera. it's like code switching. But it's hard to argue with success.
agree. it's like thinking that imports subtract from GDP and should be avoided at all costs
Although an interview is insufficient to diagnose dementia, I think there is something to be said for age related mental decline . I have seen it. Just go to anywhere old people tend to congregate and eavesdrop. Their conversations tend to be very simple. Even if they have advanced degrees and were successful, by their 70s they have regressed a lot. Now compare to conversations by college students, which are faster-paced and more complex. This is why I spend so much time on writing and math, to avoid a similar fate. I am not going to be 70 and sounding like one of those people who have mentally checked out for the remaining 20-30 years of their life ("dead at 50 and buried by 80"). I don't think Trump has checked out, but this is a speech pattern of his.
For what it's worth, i can easily eat a lot of the stuff raw without it affecting me much . Sweetness is subjective, i guess. During my diet I was unwittingly adding 200 calories a day by using too much of it, so the calories do matter. I originally thought it was zero calories, but I was wrong.
What has Trump got the power to achieve? He can bomb countries but struggles to achieve desired political results. Bombing Yemen hasn't stopped them
A tax cut to help the very companies that promote wokeness and censor its users on its platforms. Big handouts to AI companies. But I don't see much else happening legislatively. The real power is in the courts--things like judicial appointments, pardons. SCOTUS is where the real lasting change is. The 2024 ruling on affirmative action, for example. Stimulus and tax cuts tend to be popular.
Trump: No wait, just so you understand. How can we sustain and how is it sustainable that our country lost almost $2 trillion on trade in Biden years, in this last year. That's not—when you talk about a company. I had the head of Walmart yesterday, right in that seat. I had the head of Walmart. I had the head of Home Depot and the head of Target in my office. And I'll tell you what they think, they think what I'm doing is exactly right.
yeah, these big companies have the cashflow, pricing power, and market dominance to withstand tariffs, smaller competitors do not. this works to their advantage, especially after trump is gone and tariffs are reversed. Its not so much about tariffs being good economically, but that it hurts their competitors.
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The majority of people here are willing to engage in reasonably good faith with fairly deep arguments , which you typically will not find on Reddit, Twitter or elsewhere. There is an obvious a rightwing bias, as this site's userbase is primarily composed of members of the right-leaning, abandoned themotte subreddit. Reddit's socialism or democratic subs may be more up your alley though; there are many to choose from, whereas Reddit by comparison has actively censored anything to the right of the mainstream, and is why this site was created.
The thing is, both sides see the country spiraling down the drain or otherwise in decline, but in the opposite direction.
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