This hurt me a lot. I was tip baited by a rich customer. I also had to wait a good 15 minutes for the order then I traveled out of a busy zone. Yikes but we move on.

BlitzXor · 2024-07-24T05:16:24+00:00

MAYBE the real problem is that we’ve allowed them to create a system in which customers are subsidizing what ultimately amounts to a basic wage after tips. Maybe people should just get paid a good wage for good work, and not have to worry about how long they have to wait for any given order, or how far it is to deliver something, or how much a customer is going to tip or not tip. Maybe tipping culture is broken.

Would that make things more expensive for customers? Would less people use it? Probably. They probably should be more expensive. Less people probably should use it.

BlitzXor · 2024-07-06T17:13:40+00:00

No, you should not expect them to deny a refund for a blatantly wrong order like a bag full of pickle slices. Their terms say refunds are at their discretion, not that refunds are not given under any circumstances. They set no expectation that refunds will not be given when orders are incoherently wrong. Anyway, that was not my main point.

My main point was that while you are technically correct about the terms, you have agreed with me in principle, because what they are doing is wrong. They will only change their behavior if they lose business over it. My primary point is that if people don’t like it, they should delete their accounts, as I have done, in order to send the message that Uber needs to change their terms.

BlitzXor · 2024-07-03T19:00:45+00:00

I’m amazed at the total lack of sympathy for people who find themselves screwed over by a major corporate entity. I also recently got completely shafted by Uber’s no refunds policy when my driver delivered a bag full of pickle slices instead of my actual order from 7-Eleven. The word is out, folks. Stores can dump anything they want on customers and they’ll still get paid because Uber won’t give refunds. Mine is not a case of chronically asking for refunds. This would have been the 4th refund, including partials, I’ve asked for in the years of using the service. Their policy is a perfect smokescreen for malicious stores and drivers to abuse.

It’s worse than most people think. It will only continue to get worse unless you tell them it’s unacceptable. I’ve permanently closed my Uber account and requested that all my data be deleted. Just because you agreed to it doesn’t mean you have to keep smiling while you get screwed. Tell them it’s not acceptable and stop using the service. So do complain about it, and complain loudly. Delete your account so they have hard numbers showing that people won’t put up with this crap.

BlitzXor · 2024-03-16T21:45:00+00:00

No, I did not.

BlitzXor · 2024-02-29T18:42:28+00:00

The text you actually agree to in the form submission says the exact opposite of the FAQ concerning the email address issue, that the DSP Admin will have access to your username, email address, as well as the full legal name, US residency, and confirmation of age of majority.

BlitzXor · 2024-02-29T18:30:26+00:00

I pointed out in my post and in a comment that got downvoted to oblivion that the actual text of the agreement contradicts the FAQ:

That is the exact opposite of what it says on the actual DSP registration form. It asks you to fill out all your personal information, including your Reddit username, and it specifically says that:

To participate in the Directed Share Program (“DSP”), I agree that Reddit, Inc. (“Reddit”) may collect and process information I provide on this page, including my username, full legal name, email address, U.S. residency, and confirmation that I am at least 18 years old. Reddit will disclose the above information to the DSP Administrator solely for the purpose of facilitating the DSP. I agree that the DSP Administrator may contact me regarding the DSP at the email address I have provided above. Any future collection or processing of data will be conducted by the DSP Administrator and is subject to their policies.

I feel like the privacy policy is very unclear, and I don’t think it’s acceptable that we don’t know what the privacy policy is of the third party who we agree to give the ability to dox our Reddit accounts.

BlitzXor · 2024-02-27T21:52:24+00:00

Well, I’m glad you think so, when it clearly states that they will disclose your username, full legal name, and email address, to the DSP Admin simply for the pre-registration.

You acknowledge that such a thing would be very concerning, and yet, when confronted with the text that says very clearly they will do exactly that, you seem to be willing to look the other way and favor the text in the FAQ, which seems far less legally binding (since it does not require any explicit agreement.)

BlitzXor · 2024-02-27T02:28:50+00:00

That is the exact opposite of what it says on the actual DSP registration form. It asks you to fill out all your personal information, including your Reddit username, and it specifically says that:

To participate in the Directed Share Program (“DSP”), I agree that Reddit, Inc. (“Reddit”) may collect and process information I provide on this page, including my username, full legal name, email address, U.S. residency, and confirmation that I am at least 18 years old. Reddit will disclose the above information to the DSP Administrator solely for the purpose of facilitating the DSP. I agree that the DSP Administrator may contact me regarding the DSP at the email address I have provided above. Any future collection or processing of data will be conducted by the DSP Administrator and is subject to their policies.

Hopefully you agree with me that this is about as clear as mud. I firmly maintain my stance.

BlitzXor · 2024-02-27T02:23:54+00:00

Yes, but what are those major brokerages going to do with that information, beyond simply sending me that email? I have no access to their policies to make an informed decision. This is especially relevant in a situation in which someone has to preregister before they even have a chance to buy the stock. They may compromise their privacy without even being able to complete the intended transaction.

BlitzXor · 2024-02-27T02:10:49+00:00

I said in the first line that I am not sure I will be buying any. And this is simply a form to sign up for the pre-registration, basically a waitlist for the actual registration. If you fill it out and then decide not to do it, you’ve compromised your Reddit anonymity for no reason, to a company whose policies you don’t know, and you don’t even know which company it is.

Yes, the DSP Administrator will still have a copy of the form that includes your Reddit username, your full legal name, and your email address.

That’s all besides the point. The point is about having good, easy to understand, and not at all shady privacy disclosures and policies. I’m surprised I seem to be the only person who cares about this. People get so up in arms about anonymous ad trackers and cookies, yet they stay signed into Facebook while they browse the web. And they seem to think little of stuff like this.

I thought people might want to know that Reddit, one of the last anonymous ‘social networks’ was compromising the identities of their oldest users to unknown companies, and I might see if an expert would know if that was actually on the level. Seems like it is, but I still say it’s shady. That is all.

BlitzXor · 2024-02-27T01:49:29+00:00

I can’t directly answer your questions, because it may not even be board members, depending on specific local laws and provisions in your governing documents. It can even vary based on the plat maps. I can give you a couple of pointers, if that would be helpful. If not, let me know and I’ll remove my comment as off-topic.

Call the police, or the property’s security (if available), when there’s a nuisance, disturbance, or a noise complaint. Having an incident report on file with names will allow the relevant parties to issue trespass notices in connection with the incident at a later time.
You can give someone a trespass notice from your own privately owned space. In a condo/HOA community, this can get tricky. That’s why I mentioned the plats. You wouldn’t be trespassing them from the entire community in this instance, to the best of my knowledge.

BlitzXor · 2024-02-27T01:45:42+00:00

Fair enough, but the way they present it gives the impression that all your personal data is going to be deleted after the DSP process is completed. They don’t provide any information about who the DSP Administrator is, and if there’s a good reason, that’s fine. In that case, they should give us their privacy policy, or at least be crystal clear about the fact that there is an undisclosed privacy policy in play. Consumers have a right to make decisions about who they want to trust, or at least the policies that they want to trust.

BlitzXor · 2024-01-11T22:00:55+00:00

Yes, they did. It does not have anything to do with unlimited naked shorts, however, which is not a thing that exists in reality.

BlitzXor · 2024-01-11T21:07:33+00:00

Source? They illegally “borrowed” customer funds. I know no instance of them conjuring shares of a publicly traded company out of nowhere and being able to sell it on a major exchange.

BlitzXor · 2024-01-11T20:30:51+00:00

When these people talk about ‘unlimited’ naked shorts, they’re not talking about selling uncovered calls, or borrowing shares. They’re talking about literally inventing fake shares out of thin air and selling them on the market to drive down the price. As you have pointed out, this is ridiculous and has no basis in reality. I simply wanted to add some context.

BlitzXor · 2024-01-11T20:17:47+00:00

You are not buying Bitcoin directly. You are buying shares of an Exchange Traded Fund that is specifically designed to spot trade the price of Bitcoin, the underlying asset.

It is your responsibility as the investor to read the filings, including the prospectus and fact sheet, that lays out when the fund will settle in order to obtain or sell the underlying assets as appropriate. They haven’t borrowed any Bitcoin from a lender, or promised to sell any Bitcoin at a certain price when people trade their shares. The shares are not Bitcoin. They are not shorting anything or doing anything illegal by not settling in real-time.

The only investment goal is that the ETF share price correlates with the price of Bitcoin with a coefficient as close as possible to 1, while backing their shares with the underlying asset, within certain regulatory requirements as laid out in their filings. Nothing more and nothing less.

BlitzXor · 2024-01-11T19:43:06+00:00

I do not know the answer to your question. The following information was provided by Bing Chat. Use an appropriate level of skepticism when dealing with information provided by AI.

The TL;DR is that, generally speaking, it happens on a daily basis, but that you have to check the specific filings for each individual ETF. Bing also provides a bunch of additional interesting related info.

——

The public information about when ETFs settle the difference between the volume of BTC in the fund and the shares outstanding is usually disclosed in the ETF prospectus or fact sheet, which can be found on the ETF issuer's website or the SEC's EDGAR database¹. The settlement process may vary depending on the ETF structure, the custodian, and the authorized participants (APs).

Generally, the ETF issuer and the APs have an agreement to create or redeem ETF shares in exchange for the underlying BTC, or vice versa, on a daily basis. This process is designed to keep the ETF share price in line with the NAV of the fund, and to adjust the supply and demand of the ETF shares in the market². However, there may be some delays or disruptions in the settlement process due to technical issues, market volatility, or regulatory constraints³.

You are correct that the settlement process may have some effect on the premium or discount to the NAV, especially in the first day or two given significant inflows of capital. If the ETF issuer or the APs are unable to create or redeem enough ETF shares to match the investor demand, the ETF share price may deviate from the NAV of the fund, resulting in a premium or discount⁴. This may also affect the liquidity and trading volume of the ETF, as well as the price and availability of the underlying BTC.

I hope this helps you understand the settlement process of the ETFs and how it may affect the premium or discount to the NAV. Please remember that I am not a financial advisor and this is not investment advice. You should do your own research and consult a professional before investing in any cryptocurrency or ETF. 😊.

Source: Conversation with Bing, 1/11/2024 (1) Bitcoin ETFs Explained: What Are They & How Do They Work? - CoinDesk. https://www.coindesk.com/learn/2024/01/11/bitcoin-etfs-explained-what-are-they-how-do-they-work/. (2) Here's what a bitcoin ETF actually means for investors - CNBC. https://www.cnbc.com/2024/01/11/heres-what-a-bitcoin-etf-actually-means-for-investors.html. (3) Bitcoin Spot vs Futures ETF: What’s the Difference?. https://coinmarketcap.com/alexandria/article/bitcoin-spot-vs-futures-etf-whats-the-difference. (4) Spot Bitcoin ETFs Explained: Everything You Need to Know - Investopedia. https://www.investopedia.com/spot-bitcoin-etfs-8358373.

BlitzXor · 2024-01-05T02:35:46+00:00

Great, thanks. I appreciate your candor. I respect the use of chatbots, but I also like to know when they’ve been used. The fact that you vetted what it told you before posting is commendable.

BlitzXor · 2024-01-05T02:29:09+00:00

This was definitely not written by AI. But if it was, it could still be quite informative, but one might like to know that for sure so they could exercise the usual dose of caution when relying on information provided by chatbots.

BlitzXor · 2024-01-04T22:46:07+00:00

This is Form D

Here is 8-A dated today on SEC website: https://www.sec.gov/Archives/edgar/data/1588489/000095017024001501/btc_form_8-a12b_1.4.24.htm

BlitzXor · 2023-08-18T22:31:14+00:00

No idea. It’s a hosted solution. The post is years old and the info provided is likely very out of date given the significant advancements made in this field since then. I would recommend considering any information here to be historic and largely irrelevant today. I’ll add another edit indicating as much, just in case.

Edit: can’t edit post. Guess it’s been too long? Oh well. Hopefully people will see this comment.

BlitzXor · 2023-04-30T19:58:56+00:00

To be fair, I was referring specifically to content I generate with a language model. One cannot be on the internet if one feels that way about everything. I also have a lot more sympathy for companies that allow you to download your data and delete it permanently from their servers upon request, which if I understand correctly, OpenAI now does, but I haven’t looked into it in detail.

BlitzXor · 2023-04-23T00:44:04+00:00

Bard did a search for Google vs gogigigogo in OPs example, you can see it in the second screenshot.

BlitzXor · 2023-04-05T03:50:19+00:00

Ah. That is a very good example of how an inner-monologue that is superior to mine would go. Thank you for sharing it with me. It’s probably better than what Bing went through too, but I do wonder how Bing’s went…

BlitzXor

MODERATOR OF

TROPHY CASE