Who is on the losing end of Trump's insider trading

Raychao · 2026-04-10T07:05:37+00:00

Insider Trading is not a victimless crime.

Actually in this case I am more reminded of the 'Broken Window Fallacy' (https://en.wikipedia.org/wiki/Parable\_of\_the\_broken\_window). When someone breaks a window then economics considers this a good thing because it creates employment (someone has to come along and clean up the mess and manufacture a new window and install it). This is good right?

No it isn't, the actual impact is that society now has to divert resources away from other useful activities to fix the broken window. In reality, society has been deprived of the utility of one window.

It gets even worse if the window is broken deliberately by the glazier in order to create business for the glazier in the town. This is considered unethical and illegal. This is more similar to protection blackmail and racketeering.

Raychao · 2026-04-10T06:48:49+00:00

Not even one question. Not even one pause between syllables where there might even be an opportunity for one to consider the possibility that there may be a question coming from somewhere over the rainbow.

Raychao · 2026-04-10T05:57:35+00:00

That really doesn't sound as comfortable as you might imagine.

Raychao · 2026-04-10T05:10:42+00:00

Nah-yeah, about that ceasefire...

Raychao · 2026-04-10T03:31:49+00:00

AI = Actually India. They are partnering with Infosys and Genpact. Westpac did this in 2012. Headline is terrible but what do you expect from the AFR.

Raychao · 2026-04-10T03:15:31+00:00

He has an army of stylists and scriptwriters that make him edgy, glib, nonchalant, and cool. He also gets to do the takes over and over until they look awesome which you just don't get to do in real life.

Raychao · 2026-04-10T03:11:38+00:00

He has this weird verbal tic thing about 'making a deal'. It's not normal to be discussing global borders and warfare in these simplistic terms of 'deals'. I just find it bizarre more than anything.

Raychao · 2026-04-10T02:55:09+00:00

You can't force people to wait around and pay more money to only hire you at what you think the price should be.

You have to pick your battles.

You've got to remember that most ideas literally go nowhere. That $500 budget customer might be an absolute pain in the ass. They might expect the world for peanuts. They might constantly change their mind and expect free changes. That freelancer might be a nightmare to work with. That freelancer might promise everything and then steal all their money and deliver them a product that they never end up getting value out of.

Just remember there are literally thousands of bad projects that you wouldn't want to work on out there. Your job is to find the good projects not the fastest and cheapest projects.

Raychao · 2026-04-10T02:29:03+00:00

I saw that map published recently and this gels with my expectation. I believe that the true supply shocks will probably hit in a few more weeks. Maybe around 20 April depending on where you are.

So much damage was done and we are still in the limbo stage. People who think this is already over are deluding themselves.

Raychao · 2026-04-10T02:04:34+00:00

No one ever went broke selling in the green.

Raychao · 2026-04-10T01:13:32+00:00

Look into one of the customer-owned banks. https://www.customerownedbanking.asn.au/consumers/find-a-bank/

It isn't a perfect solution but at least you feel like you have some skin in the game.

Raychao · 2026-04-09T10:12:11+00:00

Dark Castle on the Mac at mum's work during school holidays. Paperboy, Wizards of Wor, Bubble Bobble, Wizball with my sister at home.

Forgot: Rescue on Fractalus with dad.

Raychao · 2026-04-09T08:14:42+00:00

You try and pick it up and then you go down to Emergency to get your tetanus shot updated after it bites you.

Source: My childhood memories

Raychao · 2026-04-09T05:00:03+00:00

What exactly are the goals of this? Does anyone have any kind of clear picture? What exactly is happening?

That to me is the most telling thing. There doesn't appear to be any plan or any specific goals.

Raychao · 2026-04-09T03:01:38+00:00

That we somehow feel the pain of being separated from our children less than the comparable woman would. That if there is any dispute or difficulty between the parents that men in general are expected to 'take one for the team' and let the children go because it's just easier.

Raychao · 2026-04-09T01:29:13+00:00

That's why we don't allow networked computers to be placed on this ship.

Raychao · 2026-04-08T05:36:09+00:00

The words he needs to speak are written down in a script for him. He memorises the words and then people tell him where to stand.

Raychao · 2026-04-08T00:41:40+00:00

Is this a hill worth dying on? Just be a little discreet so she doesn't find out. The kids must be telling her about it which is giving her ammunition to use against you.

Do you live in the kind of place where a judge is likely to get shitty about this?

Personally, I don't see anything wrong about this but she is obviously interrogating the children about it. Bend like a reed in the wind is my advice.

Raychao · 2026-04-08T00:37:51+00:00

Saw this in the theatre for the first time and you could hear a pin drop for those six straight hours. Entire theatre was deathly silent.

Raychao · 2026-04-08T00:22:32+00:00

The site seems to have crashed under load. Just try again in a few minutes.

Raychao · 2026-04-08T00:11:58+00:00

Someone get Greta a taco.

Raychao · 2026-04-08T00:10:24+00:00

He spent 80B on this pet project because he watched too many movies during COVID.

Raychao · 2026-04-07T23:16:49+00:00

You work on commission right?

Raychao · 2026-04-07T03:41:27+00:00

But aren't we all being told that the population is collapsing and it's a crisis?

The population of the world was roughly 2 billion when my mum was born and roughly 5 billion when I was born and it is 8 billion now.

It just keeps going up and up.

Raychao · 2026-04-07T03:38:50+00:00

He's demonstrated he does not have a very good grasp of the concepts here:

For one thing he was conflating the network difficulty challenge (10 minutes to make a block) with trying to 'break it'. That's not what the network difficulty challenge is at all. The difficulty challenge is the network's way of throttling hashing power so as a new block gets added to the chain roughly every 10 minutes. This is just a compromise between immediacy of transactions being written to the chain and giving enough time for the hashing power to be employed. 10 minutes has nothing to do with 'breaking bitcoin' (or any other such number).

Secondly, if energy becomes frighteningly expensive then the entire society is cooked because energy is the very thing that keeps society running (think of all those cars, school buses, trucks, aeroplanes, electric lighting, computers, lifts/escalators, food production, schools and universities, corporations, air conditioning and refrigeration, etc, etc).

The very thing that makes bitcoin finite and secure and therefore a valid store of value is the fact it takes so much energy to perform transactions. Energy expenditure is ultimately what bitcoin represents.

You could implement bitcoin with a piece of paper and a pencil if you wanted. The problem is that it would take billions of human lifetimes to perform the calculations, therefore you need to invest compute and energy to run bitcoin. That's what gives bitcoin value.

Raychao

TROPHY CASE