rkbabang

People tend to think that just because credit cards are now accepted everywhere and people use them for just about every purchase that it was always that way. The growth in card use to where it is now took many decades. I remember my parents would cash my fathers pay check for actual cash and keep it in a drawer in the house for my mother to buy groceries and pay the bills (back then, at least in our area, you could pay your electricity bill or phone bill at the service desk of the grocery store using cash). Credit cards were something you used only for large purchases which you needed to pay off over time. My parents never used them at all when I was young.

From "The hole in Bitcoin" above: "The hole in Bitcoin We love the science behind Bitcoin (your editor is a mathematician and programmer of the 1980s era, so it brings out his inner geek), but here is the biggest flaw: the economics of it. For Bitcoin to succeed, it has to become a transaction currency, widely-accepted by the real world for goods and services. With a cap of 21 million Bitcoins, the accepted wisdom driving prices is that spreading the limited supply of Bitcoins over all these real-world transactions, even with fractional reserve banking, would necessitate a high valuation per Bitcoin." Go to your local coffee shop, pull out a bag of gold shavings and a scale, then ask the person at the counter how many milligrams of gold for one large coffee? Just the notion of it is ridiculous. This is "the hole in" the theory that gold has value. Sell your gold now before everyone else realizes this. Since this isn't a hole at all, we won't mention the fact that layer 2 methods make paying for that coffee with bitcoin relatively simple and straightforward if the shop chooses to accept it plugs the "Hole in Bitcoin" even if this was a hole.

I agree. Back 15-20+ years ago I was a member of probably a dozen of these forums on a bunch of different topics, and a lurker on a bunch of others. Pretty much anything you were interested in there were forums to find info and discuss those topics. This is the last one I'm still a member of. I don't know why they all went away. twitter/X, facebook, reddit, etc, are all extremely poor substitutes to the traditional forum format for finding valuable information on any topic. YouTube is valuable, but I prefer reading to watching videos. It takes less time to screen through a lot of text posts than it does to watch a lot of videos. There is no way to go through hundreds of videos quickly to determine which ones are worth watching. This forum is truly a great resource. People have come and go, but the culture has remained constant.

It’s been 11 years since this post and I haven’t purchased or eaten any of these products in the last 11 years either.

https://x.com/SallyMayweather/status/1702652630814650418

Good interview Kuppy and Mike Alkin “Uranium” Interview at the 2023 World Nuclear Association Symposium https://pracap.com/kuppy-and-mike-alkin-uranium-interview-at-the-2023-world-nuclear-association-symposium/

Yes, you can see the early 70s inflection point in almost every long term financial chart you look at. The dollar was doomed from that point on. We are just playing out the inevitable.

Weird, I don't think they even had Reese's Pieces 1000 years ago. I wonder what they ate?

1,000 year alien bodies with three fingers, metal implants displayed in Mexico "A prominent UFO expert, Jaime Maussan, made a startling presentation at the Mexican Congress, unveiling two alleged "non-human" bodies that are said to be 1,000 years old, according to reports in the media."

I'm in neither category yet I'm going to complain. No New Hampshire location? I'm not going to drive all the way into Boston on a Tuesday night to watch a TV show even if it is SW. I'll be watching on Dis+ though, great show so far.

Yes, with the political situation in the cities your scenario might be more likely. There is and always has been a huge advantage to population density, especially for the young. But at the very time those advantages are starting to be mitigated by technology the city elites are doing everything in their power to drive people away by making their cities expensive, over regulated, crime ridden, dirty, and just generally unlivable. A migration away from the large cities could very well take place and last for decades.

I almost wonder if long term this could be a positive. Companies need far less office space than they used to, but that means that you can fit far more companies in the same amount of space. In other words a city like NYC could just have to grow into its current square footage. Which, in the long term, could mean the same amount of office buildings, but more companies, more people, more restaurants, more retail, and a lot more residential. That's the best case, I guess. It will take a long time to get there, if ever, and the corrupt tax&spend politicians aren't helping.

Where that is true people are using the tech wrong and less efficiently as they could be. Since COVID my company (semiconductor industry) has gone trough a transformation. My team now has people in MA, NH, AZ, CO and Italy. You can put someone on a team if their skill set matches what is needed regardless of where they are located. I do go into the office a few times per week because I want to (usually 2 days on average), but even when I'm there only a couple of people I work with work in my location. Some people prefer the office and go in 5 days a week, others don't go in at all on average and have given up their cube. They use the hoteling in the rare event they go in. Like anything else, some will change/adapt and others won't. Some industries will need to adapt and others will not have to. I don't think things will ever go completely back to pre-covid days when almost everyone worked at the office 5 days per week. I've noticed that when I get contacted by headhunters now every job is either remote or hybrid. You just never saw that at all pre-2020.

Are they just stupid or are they deliberately trying to destroy the cities? Buildings Are Empty, Now They Have to Go GreenRising rates, falling occupancy and new carbon taxes hit building owners or archive.today version: https://archive.ph/YLu3p

I just heard that Joe Rogan has a new 2 hour interview with him. I haven’t listened to it yet. https://open.spotify.com/episode/68AVuziUVdUJhJZkClegOZ?si=ZnatZFaeTKCigHLZMgBUWA&context=spotify%3Ashow%3A4rOoJ6Egrf8K2IrywzwOMk

Wow I didn’t realize that brokerages would give you access to margin on an empty account based in a deposit that hasn’t even cleared yet. Sure most people aren’t scammers, but that seems risky. The guy only claimed to make $50k/yr and they were advancing him $200k.

Yeah, this guy’s the real deal. Just singing from his heart. Not a political hack with an agenda. I love how he disses the GOP for trying to co-opt his message and at the same time the D’s for trying to discredit him and twist what he’s saying.

Does this address belong to anyone here? https://bitinfocharts.com/bitcoin/address/bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 Someone accumulated $3B worth of $BTC in the last 4 months.

LOL. I have very little sympathy for these people. Yes, the concept of an NFT is an interesting and potentially useful idea. Putting titles to property on the blockchain where they can be traded more easily and everyone can see who owns what. No paper title or registry of deeds needed. But a title/deed to a piece of property is only valuable if the property in question has value (a house, a car, land, valuable art). How anyone thought that a digital picture of a cartoon ape would ever be valuable is beyond me. Some saying that come to mind: Stupid is as stupid does. A fool and his money are soon parted.

I just finished watching “BEEF” on Netflix. Really good show!

I think so. A lot better.

They/them seems like an interesting person. Should be quite a show.

'Rich Men North of Richmond' Artist Turns Down $8 Million From Stunned Music Execs, Says "Nothing Special About Me" https://www.zerohedge.com/markets/rich-men-north-richmond-artist-turns-down-8-million-stunned-music-execs-says-nothing

Usually I would agree, but on the road we were on it was very curvy and a double yellow line. There was no safe way to pass anyone.

I think just the opposite is true. The state pretending to do these things and doing them badly gives everyone a pass to not worry about them. If people knew there were hungry people out there who needed help and didn't think "oh well the government takes care of that sort of thing" they wouldn't be able to just live as they don't give two shits about anyone. You would look for ways to help or at the very least for charities to give to. You would want to know that the organizations you were giving to were doing a good job, because you would have the option of putting your money elsewhere instead. Government is the excuse people use to not give two shits about anyone. "I pay my taxes".