• 6 Posts
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Joined 2 years ago
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Cake day: June 15th, 2023

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  • I actually wouldn’t mind this at all. Where I work, we have an office but most people are only in one or two days a week. I try to keep to a schedule, but some weeks I have to move my office days around. When my schedule changes, I update my Teams location so people know where I am, but I wouldn’t mind opting in to do it automatically.

    But then again, my boss doesn’t really care where I do my work, as long as it gets done. Not everyone has the luxury of a boss who isn’t an asshat. If you are working in a place where you have to hide your work-from-home time, you should be looking for a new job.







  • You are spot on about Stablecoins, there are $180B worth of USDT alone outstanding and nobody believes they have the reserves stored as dollars anywhere. Accounts that large are hard to hide. Yet, they have not failed to meet redemptions yet, so clearly they are doing something right.

    But, what I am talking about is a purposeful devaluation of the dollar vs. other currencies. It is so easy to trade in and out of the crypto markets in different currencies now that if the Dollar would take a sudden plunge vs. other world currencies, that plunge would have to be reflected in the crypto market as well, simply because of arbitrage.

    Our President has made no secret of the fact that he wants stuff made here, and would intentionally weaken the dollar to get there. He cares about the dollar even less, when his current fortune doesn’t depend on the dollar at all.


  • I have a theory that the real problem is the sudden crypto bazillionaires. They ran the right software in 2009 -2011, when it was still possible to mine on desktops, and made 50 BTC every few days. At the time, it was worth next to nothing. Now, that 50 BTC haul is worth $5M (and rising), and they have oodles and oodles of 50BTC block rewards. These people have found the cheat code to more money than anyone should have.

    Now that Trump has found Crypto religion, they are using it to artificially prop up the economy. I have been reading a lot of articles saying that the economy is flat for everyone except the very rich. Guess what? Crypto nerds are very rich!

    I think their plan is to prop up the economy until, somehow, their team is out of power. Then poof! they pull all of their investment into AI slop and the whole country tanks. The Dollar crashes, but crypto doesn’t! Crypto can now buy more dollars, right at the same time when the entire country goes on sale.






  • The weird thing about this story is that after finding Crypto, it seems Trump is not hurting for money anymore. Not only is he sitting on a pile of shitty tokens, but the smart contracts governing those tokens constantly funnel money his way. Recent disclosures indicate that he and his family own $5 billion just in WLFI, and that doesn’t count other crypto scams like the NFTs and such.

    So, by all accounts, he doesn’t really need this money anymore. Still, he will push to take as much as possible, just out of spite. Whether or not he actually broke any laws doesn’t factor into his thinking. He is out for revenge, pure and simple. And Republicans in Congress will let him grab them by the pussy, because they want a piece of it.