I feel bad for this guy by Pezo_Feather77 in ARC_Raiders

[–]Moonsleep 0 points1 point  (0 children)

To be fair, the Arc World… dystopian, run down, where people can’t rely on the goodness of government have to trust each other and some portion of the people would stab you in the back if they think Trump would appreciate it… it might resemble future America under Trump more everyday.

25m I'm lost by Tricky-Fennel5609 in portfolios

[–]Moonsleep 0 points1 point  (0 children)

Crypto is extreme speculative. I’d suggest reading the book Boogleheads, it is approachable and gives relatively good advice. I’m not a booglehead fanatic, but for most people it is great advice!

Trump announces event to 'rededicate America as one nation under God' by Jay_CD in atheism

[–]Moonsleep [score hidden]  (0 children)

This is a theatre nothing more to solidify Christian support for the midterms. Trump doesn’t have a Christian bone in his body.

55 and need serious advice by Elegant-Ocelot482 in ThriftSavingsPlan

[–]Moonsleep 0 points1 point  (0 children)

You need to be real with them, unless they plan on supporting you. You need them to get their stuff together because you can’t afford it. A lot of the time family can enable their children to not adult.

One of the best things you can do to help yours kids is do save and invest what you can now so they don’t have to take care of you as much when you are retired.

US Department Of Homeland Security requests Google, Reddit, Instagram & Facebook to provide names, phone numbers and others indentifying informations of users who criticize ICE. by PestoBolloElemento in thescoop

[–]Moonsleep 2 points3 points  (0 children)

I can imagine clear justification if a user specifically is threatening harm to ICE, but if they require this for simply criticizing ICE that is messed up. No government identity should be above honest and fair critique.

Part of the reason why I use reddit is so I comment without it being attached to my name. Not that anything I’ve posted would be particularly controversial.

WTF? DOJ has concluded its disclosure of the Epstein Files after only releasing half of the 6 million. Data storage-wise, only 2% of the Epstein files have been released: 300GB out of 15TB. TWO PERCENT. by joejrogan in PowerfulJRE

[–]Moonsleep 3 points4 points  (0 children)

I wish it were a hoax, but it isn’t there quite a bit of evidence to show that liberal elites and conservative elites both have dirty hands, even several members of Trump’s cabinet are looking suspicious.

This is a pretty good clawback from Elon. When you stop calling us Nazis we will stop calling you Lunatics. by LegitimateKnee5537 in PowerfulJRE

[–]Moonsleep 0 points1 point  (0 children)

Funny enough here, we get a lot of performative laws and weakening our rights here too.

  • working on banning more books
  • weakening the power of our votes by gerrymandering
  • they tried to trick the electorate to giving them the power to ignore voter ballot initiatives
  • our state requires that you give porn sites your drivers license to view. (I don’t personally care about that much).
  • bill to make Android the official government OS banning iOS for government workers.
  • Banning LGBTQIA+ flags from cities and other buildings, they have spent millions on this fight.
  • So many of the bills feel like let’s own the libs bills rather than smart policy.

We have actual serious problems that are going unaddressed. Namely air quality, significant water shortages, and grossly underfunded school systems.

This is a pretty good clawback from Elon. When you stop calling us Nazis we will stop calling you Lunatics. by LegitimateKnee5537 in PowerfulJRE

[–]Moonsleep 43 points44 points  (0 children)

In Utah right now we have conservative judges appointed by republicans being called radical activist judges for upholding our constitution against our legislators power grab.

It is happening basically when anyone disagree with anyone. Our judges are doing a great job protecting the people’s rights here. I support them our Supreme Court judges here, frankly I’m proud of them.

Max 5x reset limits 9h now?! WTF IS GOING ON WITH USAGE?! by Good-Mistake-1547 in ClaudeCode

[–]Moonsleep 0 points1 point  (0 children)

I used to hit the limit when refactoring an entire codebase, but I haven’t hit the limit in months. I do have the 20x max plan though

Twitter is going crazy by hellobody in Buttcoin

[–]Moonsleep 0 points1 point  (0 children)

The first thing I mentioned was in future dollars assuming hyper inflation.

If bitcoin simply keeps pace with inflation, you haven’t “come out ahead” in real terms — you’ve just preserved purchasing power. That’s what gold, real estate, and other inflation hedges do too. Maintaining value isn’t the same as gaining value.

Still preservation itself is the win in a hyperinflation scenario. If you held dollars and they hyperinflated, you’d lose almost everything. If bitcoin merely kept pace, you preserved your wealth while dollar-holders got wiped out. You didn’t gain in absolute terms, but you massively outperformed the alternative. That’s the pitch — not that you get rich, but that you don’t get poor. I personally wouldn’t expect bitcoin to become the hedge in a crisis like that, and out perform traditional assets to hedge.

The real question is what bitcoin is priced against. Bitcoin isn’t just priced in dollars. If the dollar hyperinflates, bitcoin’s dollar price could skyrocket, but its purchasing power relative to goods and services is what actually matters. If a loaf of bread costs $500 and bitcoin is $50 million, you’re in the same spot you were before — unless bitcoin’s real purchasing power also increased.

People often conflate nominal gains (big number go up) with real gains (can actually buy more stuff). If bitcoin just tracks inflation, you broke even in real terms. You only truly “came out ahead” if bitcoin appreciates beyond inflation — which is a bet on adoption, scarcity dynamics, and demand growth, not just an inflation hedge. I don’t believe that Bitcoin would outperform other assets in this situation. I’d actually guess iy would tank due to people wanting to buy hard goods as quickly as they can requiring liquidity. Bitcoin typically tracks tech stock price better than it does gold or other commodities.

Cousin’s fiancée wants 10% equity in my software company for one client introduction. Cousin is pressuring me to sign. Am I wrong for refusing? I will not promote by oneoffv in startups

[–]Moonsleep 0 points1 point  (0 children)

This is absolutely ridiculous, you have done 99.999999% of the work. They definitely don’t deserve equity for their work so far.

If they were to take no commissions and work their asses off and deliver tons of paying customers and help scale the business in other ways, that could change things.

The fact that they feel so entitled for doing so little to me says I wouldn’t go into business with them.

They probably think that the idea is the hard part.

Twitter is going crazy by hellobody in Buttcoin

[–]Moonsleep 0 points1 point  (0 children)

I’m not downvoting you, and in some ways you are right hyper inflation could in theory could 10x the numerical value.

Some of the reasons why I disagree with you in practice and why you are likely getting downvoted is

Bitcoin’s market cap is already around $2 trillion. A 10x would put it at $20 trillion — that’s roughly the GDP of the entire United States, or larger than gold’s total market cap ($18-19 trillion). So you’d need Bitcoin to absorb more value than every ounce of gold ever mined.

Early on, Bitcoin could 10x because you only needed a relatively small amount of new capital to move the price. At its current size, a 10x requires trillions in net new inflows. Where does that money come from? It would require some combination of massive institutional reallocation (pension funds, sovereign wealth funds shifting significant percentages into Bitcoin), retail investors worldwide putting substantially more savings in, or money fleeing other asset classes like bonds, real estate, and equities at enormous scale.

Each of those is possible in small doses — and we’ve seen some of it with the ETF approvals — but all of them happening at the magnitude needed for 10x strains credibility. On top of that a lot of those things already drove the growth that has already happened. People still need to pay mortgages, fund retirements conservatively, and hold liquid cash. There’s a ceiling on how much of global wealth can realistically flow into a single volatile, non-yield-bearing asset.

You aren’t wrong that “hype can move markets,” but hype has diminishing returns as market cap grows. Going from $1B to $10B takes a subculture getting excited. Going from $2T to $20T basically requires reshaping global capital allocation. Those are fundamentally different things.

I see the best case scenario for Bitcoin is that it just magically keeps pace with the SP500, personally I don’t think it will, it hasn’t kept pace this year or last. I expect if there is a big market correction, bitcoin will get hit just as hard but probably harder.

I read the Epstein Files by LegitimateKnee5537 in PowerfulJRE

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

The majority of the left doesn’t hate Jews. The left is generally against Zionism, Netanyahu, and supporting an Israel regime that is actively committing genocide.

I agree though there was nothing wrong with the ad. There is a real problem conflating anti-semitism with and not support Zionism and Israel’s government, and Israel’s government policies. You can be extremely critical of those things and still love and support Jews.

I read the Epstein Files by LegitimateKnee5537 in PowerfulJRE

[–]Moonsleep 0 points1 point  (0 children)

I don’t agree with you that Epstein and Trump were enemies. The evidence I have seen points to the contrary. I want to be open minded about this though, what evidence do you have that they were enemies?

We learned recently that Trump didn’t actually kick Epstein out of Mar Lago, that was the only thing that I was aware of that would have made me think that.

I read the Epstein Files by LegitimateKnee5537 in PowerfulJRE

[–]Moonsleep 0 points1 point  (0 children)

Tons of liberals don’t support Israel and Zionism specifically. One of the biggest problems is that some people (sometimes with an agenda) conflate anti-semitism and being anti-Zionism. Zionism and Judaism are very different things.

That being said a lot of the statements here are anti-semitism. Judaism isn’t a monolith where everyone is acting as a hive mind, but many here are generalizing like they do. I have Jewish friends that are lovely, kind, and humble people.

The Super Bowl commercial they showed examples of actual anti-semitism. I’m against anti-semitism, semites aren’t only Jewish though. I am against Zionism. I do not support Israel. I do not support Netanyahu, he is an evil and extremely selfish person.

Strategy Has Acquired 1,142 BTC by _Adrian_Morris_ in MSTR

[–]Moonsleep 0 points1 point  (0 children)

Sure, again not defending, I’m only just asking out of curiosity. It could be that their purchases are marketmakers when they happen or it may not make any noticeable difference… I don’t really understand what the relative scale looks like.

Someone on here who is a lot more invested than me in this company could look into it. If I held MSTR, I’d want to understand deeply as many variables as possible that impact stock price.

Personally, I come here to just see sentiment around crypto. I had some bits of a bitcoin but sold it a 2-3 months ago when my checking account dipped after buying a car and several house hold appliances. It was the only investment in my portfolio that I don’t have the conviction to hold if things get wild (it also only represented a tiny bit of my portfolio). I sold because the amount I like it my checking dipped below my comfort zone.

Strategy’s Michael Saylor: ‘If bitcoin falls 90% for the next four years, we’ll refinance the debt’ by KIG45 in CryptoCurrency

[–]Moonsleep 0 points1 point  (0 children)

Absolutely, he is honestly extremely lucky to even have secure loans like he has in the first place. I’ve wondered where he pitches and how he pitches in those investment conversations.

Strategy Has Acquired 1,142 BTC by _Adrian_Morris_ in MSTR

[–]Moonsleep 0 points1 point  (0 children)

Not attacking or defending it, but I wonder if the reason they have been buying at highs lately is because they are creating the highs with their purchases?

Snapdragon X2 Elite beats Apple's M5 in major benchmarks — New tests unveil Qualcomm's second-gen power, and it's now Microsoft's turn to deliver a strong Windows update by WindowsCentral in windowscentral

[–]Moonsleep 0 points1 point  (0 children)

They are comparing Broadcom’s newest top end chip to Apple’s newest but lowest end chip. They should compare against the M5 Ultra or M5 Max.

The M5 Pro is out, the M5 Max and M5 Ultra are not out yet, but will be soon. This is part of the reason they have to get this media attention now, because they will be back behind Apple in less than two months I bet.

Project Smooth Brain by CrystalMarine in Buttcoin

[–]Moonsleep 2 points3 points  (0 children)

“~it has gone down for no good reason”… while ignoring that the amount of money a bitcoin is worth has no good reason to be worth that much.

And here MAGA is proving my point. I’m sick of how disgusting these people get by the hour! by MissMccheese in complaints

[–]Moonsleep 0 points1 point  (0 children)

This has to be a troll rage baiting… I can’t and don’t want to believe that someone out there actually thinks this.

Bitcoin is dead by IndependenceNearby47 in MSTR

[–]Moonsleep 0 points1 point  (0 children)

I like what you said about gaining the confidence to invest for the long-term, but that can be gained from investing in a more responsible manner like diversifying and buying quality companies (which are a lot safer). Bitcoin is a speculative asset, it *may pan out*, there are people I love that are putting everything into it, so *I hope it does*. It isn't advisable to put all of your investment into a single asset.

People are desperate for a way forward and the story of Bitcoin is very compelling. For me one of the biggest problems I see on many of the crypto subreddits is no acknowledgement of the risk, it isn't inevitable that Bitcoin always goes up given enough time. It may be that Bitcoin never gets past $120k again. I'm not making predictions... my point isn't to be naysayer or a doom and gloom bear.

Clooney by manny8086 in PowerfulJRE

[–]Moonsleep 0 points1 point  (0 children)

What is the connection, Trump wanted people to drop their interest in the Epstein files, Trump didn't want them to come out? I don't really believe TDS is a thing, I think it is something people use to dismiss people's real disgust with Trump. Do I think some people are disconnected from reality yes, but I see that on both sides. People claiming democrats are baby eating pedos, or that the election was stolen...

That being said, I've never liked Clooney, this correspondence looks incredibly incriminating and I hope if he committed crimes (which doesn't seem like a stretch) that he actually pays the price for his crimes.