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greyenlightenment

investments: META/FBL, TSLA, TQQQ, TECL, MSFT ...

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joined 2022 September 04 18:26:17 UTC

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User ID: 68

greyenlightenment

investments: META/FBL, TSLA, TQQQ, TECL, MSFT ...

3 followers   follows 0 users   joined 2022 September 04 18:26:17 UTC

					
				

				

				

				

				

					

User ID: 68

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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.

And especially why bother continuing to argue when doing so is only likely to be """rewarded""" with mass-downvotes and distributed dogpiles by commentators on a forum you don't even really like, and only stick around on out of some sort of... IDK, perverse masochism, I guess?

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.

Despite my faint hopes, the dysfunction in this country appears to be acclerating.

The thing is, both sides see the country spiraling down the drain or otherwise in decline, but in the opposite direction.

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

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.

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.

You vote as hard as you can, and bless your heart, you even win! The schools don't care. The dude you voted for specifically tells the schools to tell the fucking machines to stop fucking. They simply can't stop.

Although the above post focuses on education, this is true broadly. Your vote does not matter that much. Politicians do not care about the secondary consequences of their policy (e.g. small businesses suffering due to tariffs or covid lockdowns). The only option is to become sufficiently wealthy/self-sufficient where it does not matter as much or you can move to better neighborhoods or choose private options, like private school. This is why FIRE is so popular. It's a way for people to make enough money to choose a better life for themselves and family.

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.

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.

Why would someone who is being sued and appears to have some tangible assets choose a default judgment and not defend his or her self in court? This pertains to the Wes Watson situation. There is a thread about it: https://old.reddit.com/r/WesWatson/comments/1l39uoa/default_judgement_against_wes_watson_from_the_7/

It would seem completely irrational to not show up, especially as in the case of Mr. Watson , as he does appear to have attests that can be seized to fill the judgment. He can also be taken to court to testify under oath as to his financial situation and location of assets. I did some research on this , and typically there are exceptions (e.g. living expenses or homestead ) or the judge can set aside the judgment, but I don't think this would easily apply here. I also read a no-show would lessen the plaintiff's legal expenses, so this could lead to a smaller settlement if one does not expect to win.

Is it possible that he protected in his assets in such a way as to be judgment proof using a cool legal trick, or maybe he's actually as dumb IRL as he appears on youtube?

It seems like the cashing out part is where people get caught

The market's huge selloff is a pretty clear indication tariffs are a net-negative. any gains in some small manufacturing are negated by losses elsewhere in the economy.

Agree. I think most of this is overblown. That's not to say it isn't bad, but it's not going to lead to crisis as many are predicting. Consider a $5 cup of cofree from Starbucks. The bulk of the price is the advertising. Raw goods are only a small percentage of the final price of a good. The beans, which are imported, are a tiny percentage of the final price, so the math works out to a final inflation tally that is much less than the touted 10%.

As others pointed out, CICO cannot be debunked in so far that thermodynamics is immutably true. It's just different factors can contribute to these variables on either side.

How many other “willpower problems” have less to do with willpower and more to do with 2nd and 3rd order effects which are hidden from us, or which compound invisibly? There are probably many more for obesity alone.

agree. Too many people, including even on the 'HBD side', downplay the role of metabolism in regard to obesity. Consider that having a faster metabolism (or more specifically, a less efficient metabolism) means being able to eat more food without becoming obese, hence less willpower is required.

I'm just so tired with everyone's vapid obsession with tariffs. To the point where it feels like a psyop.

When the market posts the biggest decline since Covid or 2008, of course people are going to care . It was the market crash that got people talking about it. And the fact the tariffs were so much more onerous compared to past tariffs.

In 2004 I watched some episodes of The Apprentice and he seemed sharper. Trump today is not quite there. Not quite dementia, but not at 100%. Trying to make a diagnosis based on a transcript or TV is always going to be unreliable. There is a reason the criteria for dementia are defined in a certain way. Specific criteria have to be met, like the failure to recall a small string of numbers, fewer than even at the low-end of an IQ test. A diagnosis of dementia entails a significantly reduced level of mental performance, not just sounding bad on TV.

I think also some of this is playing to the audience. Trump repeats himself and uses simple language to prevent being misunderstood.

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

If the feds determined the coins were procured illegally, any attempt at obfuscation becomes laundering ,even before it gets to the cash-out phase.

Letting Enrique Tarrio out of a 22 year sentence is reprehensible imo. Kinda increases the incentives for doing political crimes now.

being sentenced 22 years was reprehensible. This pardon commutes it to something more reasonable and commensurate with the crime that was committed. Even BLM protesters whose actions resulted in deaths got shorter sentences.

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.

zoom out to all time. an even bigger spike occurred in 2020 during Covid . there is no psyop

I support his rehiring because it's the ultimate repudiation of cancel culture, and about time the right grew a spine. You don't win a culture war by accepting the opponent's moral framing or terms.

JD Vance is competent, but these people are chosen for loyalty

Tests and meritocratic hiring already exists. Look at top quant firms or top tech firms. You got to be whip-smart to get those jobs. They already have tests, like Wonderlic, white board/leetcode, or phone interviews (typically multiple gauntlets of testing). These tend to be 'on the fly', so harder to practice. Even crap jobs have huge screening and long applications.

The problem with any exam system is those are really prone to being gamed or people cramming for them. So you end up with a situation where lots of people score well on the exam, yet there isn't much useful information gleaned from this. This is common with the AP exams, where almost everyone gets 4s and 5s, so elite colleges have ignored them. Employers instead have learned to rely more on surprise-- hence phone interviews, Wonderlic (in which it tests for literacy/numeracy, but also acts like an IQ test, and you cannot really raise your score that much for it), on-the-spot coding or other challenges, brainteasers, and so on. or college degrees, which not only screen for competence, but also conscientiousness due to the large time investment.