Perhaps you could be missing the trajectory of continuous improvement. How long until The Matrix?
Perhaps you could be missing the trajectory of continuous improvement. How long until The Matrix?
I thought that was your implication above about a bullet to the head being your retirement
Then why aren’t you saving for retirement?
But do you have an in-demand skill?
I never said a majority of stocks are financial. I’m crypto they are tho but that’s kinda obvious given that we are bootstrapping a new financial system.
The internet changed a ton of things!!! Individual investors have so many tools to research now compared to 30 years ago! It’s much easier to get due diligence on investments and confer with others.
Accounting figures are obviously FAR superior with crypto native companies since everything is verifiable.
cryptocurrencies haven’t changed the process for gaining the investment necessary to start a new bakery or other small business and never will provide a pathway to do so
I adamantly disagree with that last part. This is precisely where crypto shines when done right it allows everyone an equal footing on raising and investing in capital projects. Note I’m not saying that it removes risk - it removes friction - admittedly at the cost of risk.
The reason you don’t see this taking off is 100% because of regulations, hoops, lawyers, and capital required to register a security. If I want to tokenize a business plan in the USA, I cannot easily do that without getting wrecked by the SEC.
The elitists can and will continue to do private equity and insider trading to maintain a lead because they have the capital to do so. I can’t speak to how they all feel about crypto. I would assume they would love it too. Free markets are far cheaper than the crap they go through now to do fund raising and such.
It’ll be interesting to see how this goes in the coming 30 years. It definitely benefits countries without a strong financial system already in place way more. Will it outperform the legacy, cumbersome financial system? Time will tell!
I spent 25 years in tradfi as mentioned previously. I’m not delusional or a grifter/scammer.
You realize that some of the things listed on crypto markets actually represent more than just an entry in a distributed ledger, right? I live in Solana (a distributed ledger) world and there’s dozens of tokens which represent true products. Sure most are financial related themselves - but that’s no different than tradfi where banks and exchanges are themselves listed on the exchanges. Others are depin models and governance things for example. It’s a real industry which gets a bad rap since it does enable bad people to do bad things too, and that gets most the press.
First off, our securities regulation is ancient and much is based on a pre internet global world. There’s many changes that can be made to give consumers access to private equity and capital efficiency which currently the rich have guarded for themselves.
Secondly, there are far bigger and badder scams under the current regulation. Enron, worldcom, madoff, tyco, healthsouth, centennial, bre-x etc.
Bad people do bad things under either model, but the free, permissionless model sure opens the door to allow little guys to have a chance.
Raising capital for a small venture in a free global market is a tough nut to crack. And yeah thar be dragons there. But it’s such a freeing concept once you see it in action. I believe in freedom of money, and the global revolution it can bring.
This is simply not true. I’ve been a fulltime software dev in the crypto space for 3 years. Moved to crypto after 25 years in the financial sector. My work in the crypto space is a near parallel to the legacy financial sector wrt products and services I’m delivering.
Sure crypto has a scammer and hype and meme angle but I operate in none of those.
Think of NASDAQ without all the rules. Where anyone can list and trade anything, even complex financial derivatives. It’s so freeing for the little guy. It levels the playing field of the financial system and access to capital quite a bit.
Why wouldn’t you just click the article and skim it real quick?
Found the Mac user
You can just click a couple squares and hit ok. It doesn’t have to be right.
The article says that Amazon has a recycling program and has provided free assistance and home pickup for these as part of the sunsetting.
The article says that Amazon has a recycling program and has provided free assistance and home pickup for these as part of the sunsetting.
To protect yourself and others from crazies. Because crazies can and will use anything and everything as a weapon.
There is nothing wrong with running around swinging knives simply because you want to. That’s just freedom, and it’s ok.
I don’t have anything to defend myself
So instead of arming yourself, you’re trying to disarm the rest of the world? Why take that difficult path instead of the easy way?
Ok friend. I was being cute. Today is our Independence Day so I made that last sentence.
I’m a recovered alcoholic with 11 years sober next month. I’ve lived on the streets before. Slept in gutters. I spend a lot of time working with the homeless and addiction community now. That’s my biggest fight.
That said, yes, I’ll defend a mall ninjas right to carry painted toothpicks or katanas all the same.
You’re not supposed to run around with broomsticks if you’re not doing any actual sweeping, either. Or hang out in a dim underpass with baseball bats unless you’re an actual baseball player and are waiting for the train to your game or something.
Wow. Yeah glad we don’t have that ridiculousness in the USA. I’ll spend the day celebrating revolting against that tyrannical attitude.
Can’t pretty much everything around you cause serious harm or kill??? I don’t understand this stance.
Except that my bank stores dollars, not memecoins.
USDC is not a memecoin. Are you aware of what USDC is? A token issued by a US company, Circle, with strict transparency and regulatory compliance. It’s no different than a number in your banks database, except it’s in your custody, like cash.
Yes, because “USDC” isn’t a currency.
Is your bank’s database a currency?
Look, I get the popularity of shitting on crypto but I’m happy to teach you about the industry if you’re interested. Memecoins, ponzis, shills, shitcoins, etc is the loud obnoxious side of our industry and has no bearing on the real economics and financial system being developed.
I requested opt out and they requested my ID. lol! So they’re demanding more info to opt out of info collection.
You could just have read. It’s also mentioned in the main article how it was nearly hidden.