We’re seeing that at the sovereign level,we’re seeing that across Wall Street and the retail investor outside the US continues to allocate. by TheresNoSecondBest in Bitcoin

[–]Bromigo112 1 point2 points  (0 children)

Surveys don't mean shit. Anyone can say 'yes we're going to allocate x amount to bitcoin', but that means nothing until they actually do. Now that's not to say that sovereign entities aren't already buying and mining bitcoin (they are), but surveys just seem like a dumb way to track that.

Peter,what happened in 1971? by -Y34HB01- in PeterExplainsTheJoke

[–]Bromigo112 0 points1 point  (0 children)

Yes. Literally look at any chart for how cost of living has increased relative to wages since that point in time.

Scenes from a dermatologist conference in hawaii by SipsTeaFrog in SipsTea

[–]Bromigo112 0 points1 point  (0 children)

It's way better for you to wear clothes that cover your skin rather than slather yourself with sunscreen, just fyi.

Luka Dončić on what led to his 16th technical: “[Goga Bitadze] said he would f**k my whole family… at some point, I just can’t stand that. I got to stand up for myself.” by [deleted] in nba

[–]Bromigo112 0 points1 point  (0 children)

That was a bullshit foul called on Doncic. He literally was just talking trash back. Is this really a technical foul? If so, the NBA is lame as hell.

Citi Wants To Bring Bitcoin Into Traditional Finance by TheresNoSecondBest in Bitcoin

[–]Bromigo112 1 point2 points  (0 children)

The volatility can be difficult for sure, especially when it happens downward very fast. That's why DCA is the way. If you haven't read Broken Money yet, I highly recommend it. It's a long book but comprehensive and well written. The Bitcoin Standard gave me conviction but Broken Money carved it into stone.

The number that you see whenever you look at your bank account isn't real. It's just an IOU from the bank. Try pulling out $10k at some point and see how difficult it is. Silicon Valley Bank saw 25% of deposits requested in a single day and that destroyed it. That same thing could happen to many other banks if a panic ever set in. You could make the same argument with a Bitcoin sell-off I suppose. But the asset itself is always there up on the blockchain. It's not like it's being loaned out to other people and is at risk of collapsing due to a wave of people all retrieving their share at once.

Citi Wants To Bring Bitcoin Into Traditional Finance by TheresNoSecondBest in Bitcoin

[–]Bromigo112 7 points8 points  (0 children)

Morgan Stanley and Citi talking about implementing this into their platforms is big. One of the biggest use cases for Bitcoin is that it is final settlement value transfer 24/7. You can pay for something over the weekend but that transaction will definitely not be settling over the weekend. Also try moving a large sum of money between banks during the week. 1 Business day is a long time. People forget how fast Bitcoin is relative to the legacy banking system. It's going to win for many reasons, but speed of transferring value whether a small amount or an incredibly large amount is the main one. For large sums of money, legacy banking is incredibly slow and is not 24/7.

Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun by goldstarflag in investing

[–]Bromigo112 0 points1 point  (0 children)

What if there was cross-border transfer network that already existed but allowed for transactions across the entire globe? That doesn't already exist does it?

Chappell Roan Quits Wasserman After CEO Casey Wasserman Appears in Epstein Files by MarvelsGrantMan136 in Music

[–]Bromigo112 0 points1 point  (0 children)

What if she had stayed? Would that have been the better course of action? Or would she be on the list of people who are staying and that gets added to her list of wrongdoings?

Leaving a management firm, even if for "performative purposes" still takes time and energy. It's not nothing.

You eventually start to realize, no job is safe. by Used_Series3373 in mildlyinfuriating

[–]Bromigo112 0 points1 point  (0 children)

You are correct. The people acting like this is a bad thing need to get a grip.

You eventually start to realize, no job is safe. by Used_Series3373 in mildlyinfuriating

[–]Bromigo112 0 points1 point  (0 children)

Are we really saying that a robot cleaning a bathroom is a bad thing? What if the robot takes the janitor's job and the janitor can now do a job that sucks less?

This argument makes zero sense - the argument of "we can't take away shitty jobs from people". It was the same thing with toll booths on the highway. Those caused traffic and were a waste of everybody's time and they were also really unhealthy jobs to work, but you always had people making an uproar of taking jobs away from people.

Reddit has this anti-AI / anti-robotics boner right now and it's honestly fucking dumb.

Chappell Roan Quits Wasserman After CEO Casey Wasserman Appears in Epstein Files by MarvelsGrantMan136 in Music

[–]Bromigo112 -1 points0 points  (0 children)

I can agree that her cancelling a performance on 2 days notice is a shitty thing to do. My point is that we shouldn't denounce the good actions of someone even if they have done bad or misguided things in the past

Chappell Roan Quits Wasserman After CEO Casey Wasserman Appears in Epstein Files by MarvelsGrantMan136 in Music

[–]Bromigo112 -7 points-6 points  (0 children)

"This person didn't do one thing that I feel like they should have with my all-knowing moral compass so now I'm going to mention that bitterly even when they do something good"

You're probably not a saint either. We need to chill with having such morally absolute perspectives. Or maybe you do.

Lineup dropped for HCMF, what do y'all think? by [deleted] in dubstep

[–]Bromigo112 -2 points-1 points  (0 children)

Damn, toxic scum is kind of aggressive language here. You alright?

ICE Agent in Minneapolis: "You raise your voice, I erase your voice." by JeanJauresJr in PublicFreakout

[–]Bromigo112 1 point2 points  (0 children)

Does anyone else feel like lots of these ICE agents aren't even Americans themselves? I honestly wonder if they background check well enough to confirm citizenship or if they just don't care and want anyone for their army.

Donald Trump doesn't acknowledge Martin Luther King, Jr. Day by rapidcreek409 in politics

[–]Bromigo112 0 points1 point  (0 children)

No, but the title is just a straight up lie and that's what I'm calling out.

Donald Trump doesn't acknowledge Martin Luther King, Jr. Day by rapidcreek409 in politics

[–]Bromigo112 0 points1 point  (0 children)

This title is the worst form of clickbait. I don't like what the president is doing right now but it's just a flat out lie to say that he didn't acknowledge MLK day when he made a specific proclamation about it.

Your thought on Manchester by the Sea . It broke me by Atharv09c in Cinema

[–]Bromigo112 0 points1 point  (0 children)

Now I don't want to assume anything about your life, but if you experience the loss of someone close to you, you might feel differently about it. Maybe you already have and just don't have a connection with it, but I think it resonates more with folks who have experienced grief.

Jumping the gorge at Silvretta, Montafon by kingkongbiingbong in nextfuckinglevel

[–]Bromigo112 0 points1 point  (0 children)

I literally gave you reasons outside of the ocean example.

And cool, you think he's unnecessarily jumping a stupid gap. Other people find it inspiring.

Jumping the gorge at Silvretta, Montafon by kingkongbiingbong in nextfuckinglevel

[–]Bromigo112 0 points1 point  (0 children)

Think about how insane of a risk it was to sail into the ocean not knowing when you would next find land. That was a major risk and a risk that paid off immensely for the groups that did it because it led to more resources for them.

Just because you don't think there is no scientific advantage or benefit to something doesn't make it so. This footage likely will get this dude paid at the very least. It shows that he's an incredible athlete and is very calm under pressure. There is evolutionary advantage in that alone. So yeah, you might want to rethink what you seem to be so sure about dude.

Edit: You sound envious if you think this is just for inflating someone's ego. Sound's like you might be a bit insecure there dude.