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edwnj
searching Neon…
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edwnj
4y ago
I had the exact same idea years ago when I was working on a secrets manager (hobby project).. Self Destruction, Unique link + password makes it pretty secure. With the exception of Internal sabotage, I don't see any other issue.
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edwnj
4y ago
Beyond investor routs and its massive downstream consequences.. The are legal ramifications. The board and Zuck as fiduciary responsibility to the majority of shareholders. There is a reason why ever board member gets directors insurance. I
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edwnj
4y ago
Yes dual class shares means most modern tech companies are de facto dictatorships but that doesnt change the point. Sergey's boss is the shareholders. This is not theoretical. The most infamous example of one sided dual class shares is
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edwnj
4y ago
This is a painfully obvious hit piece and its exactly why MSM is quickly becoming extinct. They didn't sign a single contract or start a single project and the reason is obvious. They are don't want to end up in a news article lik
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edwnj
4y ago
I strongly disagree with on demographics, it looks really good for most of the century. Everything including TFR, young population, working population and even elderly populations looks REALLY good. Especially relative to China. Demographic
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edwnj
4y ago
Russia is a UUUUGE strategic geopolitical ally for China. In a de-globilised world split into spheres of influence, Russia would be a foothold into Europe. Cheap resources cant be discounted, China has duck all for resources. It imports eve
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edwnj
4y ago
A lot of criticisms on the way Mozilla was managed over the past few years, especially in terms of investments.. I think what they've done with rust hands down makes up for all it and more. That language has the potential to really cha
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edwnj
4y ago
As for what happens next: de-globalisation I predict we'll see blocks forming up again, something like: - West (US+EU) - East (China+Russia) - India (India, Sri Lanka, Himalayan States, South China states) - Middle (Middle East+North A
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edwnj
4y ago
Its definitely not a lack of confidence in USD or the feds. Relative to pretty much every noteworthy alternative, the feds have handled things a lot better. - EU royally f'd with their stimulus & rates. Mind you, they were in a ver
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edwnj
4y ago
actually found it (Nasdaq: OKTA).. The company lost an insane amount of money each quarter (-46% margin).. The are worth almost 8 billion, 1.3 billion in revenue to net -850m in revenue.. If it wasn't for their balance sheet (pretty st
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edwnj
4y ago
The real question is how can I short okta.. Some person or group in this company was paid to do this..
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edwnj
4y ago
Naaa this is the best thing to happen to bitcoin. Over the last 2 years bitcoin was being eaten up by wall street and technocrats. The OG crypto people were being bribed by all the money coming in and the ones that remained "pure"
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edwnj
4y ago
There is no on/off ramps to the fiat world. Other issues like complexity/bad ux are being rapidly fixed but the on/off ramp issue is one thing that technology can't fix. Its a legal issue.
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edwnj
4y ago
I know this gets into politics a bit. But when it comes to forming my worldview about these things there is usually the rational side then there is the gut instinct. The rational side told me (and the best investors in the world) these guys
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edwnj
4y ago
its is in signigicantly better shape. Ops cost have basically halved whilst growth metrics are breaking records. Revnue down because of commie backlash but thats been replaced by blue subscriber revenue in real time.. still tho, that 2x-3x
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edwnj
4y ago
The main attraction was access to pretty much any shitcoin and advanced leverage+trading features: - multiple sub accounts - 20x leverage with tiered liquidations - you could use your portfolio as collateral - advanced trading tools This i
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edwnj
4y ago
The kind of work where IP, material & confidentiality matters usually happens in R&D labs. Pretty much everybody who looks for co-working places are working in non R&D type stuff. People from other companies "comingling&quo
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edwnj
4y ago
People greatly underestimate the environment and aesthetics. This is the place you'll spend majority of your time everyday for a very long time. I wasn't sold on WeWork in theory until I started going with a friend (as a guest) an
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edwnj
4y ago
You're twisting my words. Peacetime is different to wartime is a general statement that has nothing to do with his service. Military metaphors are common in business for a reason. Modern business management inherited a lot of the milit
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edwnj
4y ago
I meant no disrespect, just an educated guess since there has been no major war after WWII.. I'm mainly talking about the difference in strategy/posture during wartime vs peacetime.. Just look at whats happening in Ukraine rn, R
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edwnj
4y ago
Difference is you served (or are serving) during peacetime. This is wartime.. Twitter is in a shit load of trouble and unlike Meta & Snap which are crashing like a shitcoin.. Elon bought Twitter at 2x-3x what its actually worth. Unlike
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edwnj
4y ago
Doesn't make you an economic hegemon.. India is similarly protected by an ocean on both sides and the Himalayan mountains..
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edwnj
4y ago
also this is a temporarily problem technical problem. Solutions such as AUMs and DEXs are being built up asap.
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edwnj
4y ago
If u look at the past decade, the real coins survive. Its the venture backed ponzis that die.. Basically no exchange should be holding enough to cause a collapse of the coin. With bitcoin this will never happen, there was multiple collapses
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edwnj
4y ago
the transaction fees, the verification and throughput limitations are fundamental technical tradeoffs required for a truly decentralised store of value. The people and technologies claiming to have "fixed" or "improved"
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edwnj
4y ago
Celsius = centralised, terra = centralised, FTX = centralised... The point is stop trusting centralised wolf in sheeps clothing.. same goes for ethereum with Proof Of Stake.. ur just reinventing central banking (but private).. The only trul
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edwnj
4y ago
There is a difference between working hard and getting paid exceptionally well for it verses borderline slave labor. Comparing one of the most sought out, well paid, safe, in demand jobs in THE WORLD to being in a sweatshop is asinine and e
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edwnj
4y ago
lol this is hilarious. We are talking about the highest paid people in the world here.. "sweat shop"
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edwnj
4y ago
Productivity & efficiency unlocks in trucking, ride hailing, public transportation, vehicles, insurance, human capital, medicine etc.. We are talking tens of trillions in value unlocked around the world.
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edwnj
4y ago
This is so dumb it takes superhuman levels of restraint for me to not swear. We literally don't have the tech nor capacity for make this transition: - we dont have the rare earth minerals - we don't have the metals - with excepti
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