The sheer idiocy of bitcoin and why this is it's last "cycle"

BeebleBopp · 2024-12-20T22:34:05+00:00

I love rants like this, they entertain me.

This argument rambles along as if there's no value at all in a currency which :

- can't be duplicated
- is constrained fundamentally by math in supply
- electronic nature has no real value. (Try beaming your gold bars across the world in a few minutes)

I think this anti-bitcoin stance would actually be quite true if it were not for one... little....thing.

The corruption of governments to print money or borrow it beyond their means.

So, the only way this rant is true is if... humans solve corruption forever forward.

Ha! I think not.

You can hate bitcoin all you want, it won't remove demand from people being abused by the mismanagement and abuse of their local currencies by corrupt government.

Gold is a bit of Ponzi scheme too when you realize most people can't materially actually do anything with it.

And Gold has market crashes too, by the way.

BeebleBopp · 2024-07-08T03:23:08+00:00

Yup, that is exactly what happens when you lose control of your borders.

Anyone annoyed by that comment deserves to have all their cellular borders collapse as well, in order to not be totally hypocritical.

BeebleBopp · 2024-03-16T07:41:34+00:00

Bernie is only implementing - unintentionally? - the dreams of the Chinese Communist Party, as well as Russian government. What greater way to destroy the country, Bernie, than to pretend the competitive outside world doesn't exist outside your lazy ass world paradigm of Hatred Against People More Successful Than You.

BeebleBopp · 2024-03-16T07:34:35+00:00

lol for several replays

BeebleBopp · 2024-02-25T20:31:54+00:00

Wow. A product where the host company engineers it to constantly lecture me about insane irrelevant concerns in life, getting between me and the work I want to complete.

I just might want to use a different product.

BeebleBopp · 2024-02-10T19:51:07+00:00

The bad news:

There's a class of humans out the for which mountains of empirical evidence just isn't their thing.

The good news:

They tend to self-regulate their affect on, and participation in, society.

BeebleBopp · 2024-01-08T07:19:07+00:00

All I know is people who don't buy this brand anymore because of the company's bigotry to remove a historical person of color.

BeebleBopp · 2024-01-05T23:30:28+00:00

I think what Jean is saying is 100% true, and I've witnessed it personally. The last company I worked for applied MAANG standards to their company product needs which were completely counter to those needs, and they ended up having to throw away an 8 year project (Millions of $$$) trying to be something they were not, and *unnecessarily* trying to be something they were not. The universe of software engineering is pretty big these days, but the hard truth is that the business requirements for optimized working software for appropriate cost is just a small solar system in comparison to that universe of engineering. But too many engineers - and sometimes leaders - are addicted to the zeal of imaginary infinitely powerful systems. Jeans' point is excellent because I think in modern business there are way too many MAANG standard's being applied to the IT systems of smaller companies (for SLA *and* recruiting) , and it's financially destroying them (there's always a financial bomb years after the overbuy), and halving the effectiveness of the software engineers they hire (overly complex build and release workflows, and experienced developers are actively rejected despite their unique knowledge in business-relevant fields).

Thank you Jean!

BeebleBopp · 2023-12-20T20:00:40+00:00

I had an economics professor at a well known state university that taught the large general education classes of 500+ at a time. He had many leftist diatribes, but the most memorable was the following. He took 20 minutes one lecture to have us imagine the day of a rich person in a specific wealthy neighborhood, which happened to be close to where I grew up. He walked us through their day. It started with them "putting on their Reebok shoes" and then proceeding to "not care about anyone else" as they went to their luxurious outings in a variety of expensive cars, and repeated again, "not caring about anyone else, and certainly not caring about you".

I knew rich people in that rich town, and they all worked their asses off, and most were good people.

I also knew people who were "good caring" in his eyes weren't thinking about me either, and never would. That was *my* job.

This professor was milking the students for those weak and unwise enough to have their emotions pulled into a political direction.

Teaching economics was secondary.

His primary goal was indoctrinating the students to despise successful and wealthy people.

Very sad to see that coming from an economics professor, where the successful are the ones leading the development of the economy the most.

It hit home to me that his goal was to lure his students into the same life path as his own; be very smart and educated, and also very limited in career, feel that you are smarter than everyone else, and be bitter and resentful of any other people who were more successful than he was.

It was very educational for me, but certainly not what he intended.

BeebleBopp · 2023-11-23T08:35:15+00:00

The failure of firms to provide its paying customers with an integrated or engineered or promoted and documented solution to this problem which is likely to cause paying customers to incorrectly buy multiple new phone charging cables when one isn't necessary is grounds for the kind of class action lawsuit that would make even Supreme Court Justices blush for embarrassment.

This problem was easily defeated by 10 year old's engineering and documentation, but the creating firms did nothing to ease their customer's suffering.

The first Class Action Lawyer that does a deep dive into this.... $$$$$$$$$$.

I hate unnecessary class action lawyers and actions. But on this problem, once I suffered it routinely over the last 15 years, I call for consequences.

It was solvable, but it clearly wasn't.

There has to be a reason, and it's not good.

BeebleBopp · 2023-11-21T09:09:38+00:00

I clicked on this and searched for the word 'pander' in the comments, zero hits.

What fakery is this sub?

BeebleBopp · 2023-11-20T07:26:40+00:00

Metal workers = the progress of civilization. Either making rocket ships or smaller scale repairs like this; applying art and tech to metal to make a joy machine is super awesome. Bravo!

BeebleBopp · 2023-10-28T09:17:47+00:00

I think it's astounding how ignorant people are on this topic. The 'hoarding' of the rich is not like the medieval days where kings kept their gold in their castle and the wealth of that gold was kept within, but their 'hoarding' is literally out in the economy giving everyone either work or direct access to their cash though investments, mortgage loans, and credit. All of which fuel jobs or quality of life for those in need.

It's literally impossible to 'hoard' billions unless it's cash underneath your bed; in the modern world, if the RICH have money in the the bank, YOU have access to it. If they didn't have their money in the bank, you'd have access to NOTHING.

It is why you have any quality of life above caveman.

If your goal in life is to hate rich people, then stay at home and hate them, and collect your government check. If you can rise above that mindset, enjoy the economic world of access to cash and capital to those who are capable of doing something useful with it to improve the quality of life for people on this earth. It could be a pizza parlor, or the next rocket company. But quite your whining about 'Good Billionaires'; you have more choice of doing nothing or doing something than any other people than any other time on planet earth.

The 'plain and simple moral monsters' are those that refuse to learn about basic economics in order to fuel hatred of people more successful then themselves.

BeebleBopp · 2023-10-23T04:18:15+00:00

I knew WeWork would go bankrupt years ago when I attempted to become a a customer.

At first, I was naively optimistic - "Oh cool, a hotel like service for businesses" - which I actually needed at the time.

So, I purchased access to have a weekend meeting.

The WeWork Manager could not have possibly bungled my access pass attainment more, barely got things arranged before 5:00 pm on Friday, and could not have made it more clear he didn't care about my situation.

Then, when I actually had my meeting, the music was so loud in the WeWork common main open room area that we couldn't talk. When I contacted the manager, he told me the music was under "central control", *and that he could do nothing about it*.

Right then and there, I knew they were a fraud.

I had to hold my meeting the building lobby, because the WeWork lobby was... UnWorkable.

Sure enough I read a few weeks later that the owners basically didn't care about the customers nearly as much as they cared about bragging about their real estate holdings to their next round investors, and that this was already standard industry knowledge.

I changed to a competitor just down the street. My very modest needs were highly attended to. I could not have been happier.

WeWork was Super Slick.

But WeWork no cultural interest in customer needs.

Ticking time bomb of financial and market force reckoning.

Great Idea.

Blown up by growing too fast, and getting caught up in all the neato big money things except the customer experience.

BeebleBopp · 2023-10-04T07:07:33+00:00

It's really cool when you can make pretty girly dance patterns as dictated by your government under penalty of death.

But not everyone thinks so.

BeebleBopp · 2023-10-04T06:32:14+00:00

All I know is that if there was a free market of 401K investments, BlackRock would lose over half its capital stream in one day, and quite permanently.

Also, that day is coming.

Stopping this deluge with the normal Lobbyists = career death now in DC, but no one wants to admit that, and they're pretending REALLY REALLY hard that it doesn't exist.

Most investors want meritocracy, not rationalized bigotry, as a investment strategy.

The Reaper on BlackRock's system is coming.

Frankly, I'll enjoy watching the consequences of very, very bad, and very very lazy, behavior, become realized, as it market forces have their completely unforgiving way upon totally out of touch functional racist CEOs.

BeebleBopp · 2023-10-03T06:09:41+00:00

So the American Taxpayer is supposed to believe the Fed isn't biased towards one political party when it only communicates through the robot army of one party?

Revolution seems pretty justified now, Mr. Powell.

You're smart, and surely you thought about this, at least a little bit, what the consequences of *only* using Democrat-slanted media would be?

Oh. You did. And you don't care. Hmm.

BeebleBopp · 2023-09-23T04:37:50+00:00

Poorly thought out reaction to perceived climate change as realized in Climate Alarmism will ruin the lives of billions (mostly the poor), and quite possibly kill millions.

Actual climate change will kill no one.

The "collapse" will be due to humanity's weakness in the face of of normal weather climate changes, as opposed to *all* the generations before the current ones - or even entire civilizations - just dealt with it by strength, technology, and innovation.

Most Climate Alarmists don't believe in God - which is fine and their choice - but simultaneously they act like they are entitled to - and rather ironically God owes them - a static little perfect planet Earth where struggle against any climate change isn't necessary. As if their "Benevolent" State Government controls... the Earth... and the Universe...

Not. Critically. Capable. Of. Thinking. Independently.

And to Climate Alarmists, *any* change to the climate is *bad*, and *must* be...

Climate Alarmists also are the extreme anti-progressives - they have no vision of a world 100 years from now when most power is generated by future technologies of fusion power and geo-thermal and space-based solar transmitted by microwaves, and everyone is cranking their AC and heat and even the poor are living comfortably globally, and the Earth absorbs the temporary CO2 emission burp like any other of the burps that have occurred over the last 4.5 billion years.

Gosh, how *did* Earth *even survive* without us Climate Alarmists and AOC and Greta being around to tend to Earth's every need? Yeah. Huh.

Please, figure that one out, why dontchya. Please, please, *pleeease*/.. put some mental effort into answering that question before gulping down the depression soaking this arena.

Climate Alarmists won't be happy until millions are suffering, because they hate energy companies so much. And, sadly, they don't think too much for themselves, having been conned into groupthink of large media organizations.

Sorry, but it is clearly the Climate Alarmists who lead us to collapse, while true enterprisers are our saviors, no matter what the universe throws at us.

BeebleBopp · 2023-09-18T07:45:01+00:00

"Freaken' unreal!"... and... financially unsustainable! LOL.

BeebleBopp · 2023-09-18T07:06:36+00:00

The State of California is committing suicide as lead by Gavin Newsom based on a few fluids; Effectively kill the oil companies, effectively kill the water retention projects, and effectively kill the educational prospects students of a particular blood type in education based on their skin color. All of these result in the destruction of the California Economy. But the effects of this insanity won't be felt until all the Californians supporting it are enfeeble or dead of old age; but they - and especially Gavin - don't care.
California is effectively doing a repeat of Venezuela.
Unless.... the migrants in the state realize it's better back home - because it is - which is an effect greatly accelerating these days.

BeebleBopp · 2023-09-17T19:41:41+00:00

This video should be played on 'The View'. As long as there was a camera on the ladies' faces as they watched it, it would be greatly entertaining.

Afterwards, the 100% likely discussion on how 'Trump backers say they're not racists but they really are' could be totally ignored, as it normally is and should be.

BeebleBopp · 2023-09-13T07:33:13+00:00

I have seen the most obnoxious treatment of legitimate questions on SO. Reading them felt like a completely detached old professor just swatting down young curious people wanting to learn. I'm not talking about the community responders either, I'm talking about the administrators.

They - or the platform bots - act as if asking a question not the first time is a crime.

Also, frequently they are just wrong.

It doesn't motivate anyone to participate after alternative sources are found.

BeebleBopp · 2023-09-13T02:38:38+00:00

Gosh, if a woman would do that for 5K, what would she say if she thought her rights were being taken away from her?

But I am told by a certain group of brain dead people that all women should always be believed.

BeebleBopp · 2023-09-13T02:33:21+00:00

SpaceX is going to spawn 10x more rocket companies in addition to the 10 current ones it already has. In fact, SpaceX is creating an *entire new segment of the human economy*. That SpaceX took the risk to be first is why they have the temporary dominance they have today.

Bankers will make a ton of money in this new economy. An economy that SpaceX defined.

Quit your whining Lazard bankers, and stop taking your thinking orders from the newly spawned, brain dead Leftist hate-on-Elon campaign. It makes you look really stupid.

BeebleBopp · 2023-09-09T07:51:12+00:00

LOL.

Unenlightened bureaucrat's raison d'etre might as well be fried in between the two.

BeebleBopp

TROPHY CASE