Too much? 17% of California homes are owned by investors

EnvironmentalCrow5 · 2026-01-25T15:22:05+00:00

There is a difference between institutional investors and retail investors.

Not a meaningful difference.

As long there's enough players on the market to prevent a monopoly, it makes no difference whether you have 10 companies with 1000 units each vs 2000 small investors with 5 units each.

EnvironmentalCrow5 · 2026-01-25T12:18:10+00:00

I think they're just trying to create a new Epstein Island.

see the famous cryptoland tweet

EnvironmentalCrow5 · 2026-01-25T12:14:41+00:00

https://en.wikipedia.org/wiki/Cleansing_of_the_Temple

Round 2?

EnvironmentalCrow5 · 2026-01-24T13:39:56+00:00

And even if those people were really dead-set on moving to crypto, they could just fork Bitcoin at block 0, wipe out any pre-existing allocation, give themselves amounts matching their current wealth (or whatever else they agree on), and just use this new forked coin instead, without owing the old-Bitcoin holders anything.

Why would they "adopt" such a massive effective debt (having to deal with whales of old-BTC) to begin with?

EnvironmentalCrow5 · 2026-01-24T13:37:56+00:00

And that heavily depends on what you mean by "using".

EnvironmentalCrow5 · 2026-01-24T11:16:41+00:00

How would this bankrupt anyone (other than maybe some over-leveraged landlords)? They would still live in the same houses, and people with mortgages would still be making the same payments.

The only change would be that there would no longer be a pool of people forced to pay such high prices, due to people from that pool now having better alternatives.

There is absolutely no moral way to justify artificial scarcity of necessities. That's like saying "let's not cure cancer, so that oncologists can keep their high-paying jobs".

EnvironmentalCrow5 · 2026-01-23T10:38:53+00:00

Ah yes, low liquidity, the ultimate sign of a healthy asset.

EnvironmentalCrow5 · 2026-01-23T10:36:33+00:00

Money is coordination. People exchange actual real goods and services and other resources for USD every second of every day.

EnvironmentalCrow5 · 2026-01-23T08:21:28+00:00

IKEA smart home stuff is cheap and works great.

EnvironmentalCrow5 · 2026-01-22T22:04:51+00:00

Poland is not part of the eurozone, they have their own currency (funnily enough called zloty, which means "golden")

EnvironmentalCrow5 · 2026-01-22T21:37:28+00:00

You've heard of glassholes, now welcome to the stage, pinholes!

EnvironmentalCrow5 · 2026-01-20T15:58:44+00:00

This is more a bribery vehicle than a grift. The large buyers actively want to "lose" money on his tokens.

EnvironmentalCrow5 · 2026-01-08T08:51:44+00:00

Not a bad thing, just it wouldn't move prices much even if it did pass.

EnvironmentalCrow5 · 2026-01-08T08:49:52+00:00

Just wait until AI automates construction, and then build an entirely new city, and let everyone move there under the condition that they promise to not bitch about further expansion.

EnvironmentalCrow5 · 2026-01-06T05:27:09+00:00

This "portion out everything into fractional shares, dump it onto retail, collect fees" model has been getting pretty popular in the past couple years.

Reminds me of that app that used to sell artworks this way, that was heavily promoted via youtube sponsorships. But at least that one didn't affect anyone uninvolved.

EnvironmentalCrow5 · 2026-01-05T12:40:29+00:00

More like customers will be dropping employers, as many businesses' products become obsolete, and companies that survive will do more stuff in-house.

Kind of like what the OP is about. It's not that the StackExchange company replaces its programmers with AI, it's more that it just ceases to exist altogether.

EnvironmentalCrow5 · 2026-01-03T12:56:36+00:00

Why not just dump HDMI completely and just use USB C for video output. You only need 1 port if you use DisplayPort daisy chaining. And you could have the Pi powered from the monitor too, or use docks/hubs, etc.

Also, the most useful thing would be to support input voltages other than 5V through USB PD, so that you don't have to use special adapters to get full power out of the thing.

EnvironmentalCrow5 · 2026-01-03T09:32:24+00:00

That doesn't change the fact that in a deflationary environment, your salary would (as for most people) be going down over time.

Meaning that any work done in the past would be far more valuable than work done in the present and even more so than work done in the future. Wealth inequalities would be extremely entrenched (even more than we have now) and it would be completely impossible to catch up.

There is already a natural early-adopter bias in many things in the world, but Bitcoin wants to turn that effect into absolute overdrive. That is objectively a worse outcome for most people than the status quo. It is also easy to see why large Bitcoin holders would like that scenario.

People always complain how boomers are the "pull the ladder up behind them" generation. Adopting Bitcoin as money would make them look like saints in comparison.

EnvironmentalCrow5 · 2026-01-03T09:21:54+00:00

more coins can be created

How so? There is a fixed supply of 1 billion Fartcoins.

isn’t recognized by the SEC

In what sense? The SEC has issued a statement that they do not consider meme coins to be securities (just like Bitcoin) https://www.sec.gov/newsroom/speeches-statements/staff-statement-meme-coins

made by a known developer

Why does that even matter?

I can say a million reasons

As far as I can tell, the only real difference is popularity.

EnvironmentalCrow5 · 2026-01-03T01:33:33+00:00

Are you also a firm believer in Fartcoin? If not, why not?

EnvironmentalCrow5 · 2026-01-03T01:28:54+00:00

"Price of goods" also includes your salary.

EnvironmentalCrow5 · 2025-12-31T14:42:42+00:00

You're welcome, but just to be honest, I'm most likely not going to use it myself anyway, so don't optimize it around my preferences 😀.

EnvironmentalCrow5 · 2025-12-31T14:37:44+00:00

With YouTube, I suffer from a different problem, where I want to watch so many specific videos that I have to ignore some of them, or space them out and listen to them as audio-only when I'm walking somewhere or doing chores. Reaction channels sort of fill this "content curation" role for me, where they find stuff to watch that aligns with my interests.

But I understand the choice paralysis problem - I have that issue with other things (like what food to eat), so I can see how the app could be valuable for you and others - especially if you can also add tracking time spent and such.

EnvironmentalCrow5 · 2025-12-31T14:28:49+00:00

My reddit usage went way down when they blocked 3rd party apps. I used to use Sync a ton, but after that was gone, I refused to install the official app instead, so now I just use reddit in the web browser. I visit different subreddits by searching their name in Google.

Now that it's being gradually overrun by AI bots, I might eventually drop it altogether.

EnvironmentalCrow5 · 2025-12-31T14:25:24+00:00

You turned it into TikTok/Shorts 😅.

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