Space Karen has spent a decade cosplaying as a visionary to kneecap real transit solutions. Also: The FBI's awesome fake-token sting; Roblox is a "pedophile hellscape"; Uber is still abusing drivers.
I think there’s a decent chance of a wage-theft lawsuit succeeding here
"
Funny how everything written a month ago having any faith in the system seems almost insanely pollyana now.
"
According to my sources, MM deals in crypto have in the past also involved handing over options to market makers - simultaneously incentivizing them to trade a token higher … and giving the MMs a way to take a lot of alpha away from founders and other holders.
"
Devious but smart. I feel like there is a lot more manipulation to go up than down in crypto. So I always feel like it's outsized the criminal reaction to Mr. Mango, Humpy, and the like. Why are they hit harder than, say, Jump? I also feel like wash trading, market manipulation, etc. wouldn't bother me if Cexes and the lobbyists that /stand/ with them didn't try to get it both ways. Let it all be "for entertainment purposes only" and beanie babies, but stay out of US monetary policy and protection.
Make the on-ramps and off-ramps highly regulated, taxes calculated for you and in return we have to report every tx to the IRS (including that which is not verifiable on chain, eg mixing), and in return anything crypto has zero bank, FDIC, and possibly even legal protections afforded to any of it. True caveat emptor if you want true freedom, whether long or short. (Devil of course in details, but as a concept I think it may be sound.)
"
Roblox stock has actually not seen a lot of downward pressure from the report, but that might simply be because it has already long since deflated, now down about 63% from its 2022 high.
This story pisses me off way more than any about market manipulation in crypto. Because kids aren't trying to speculate on crypto prices (nor should they). I bristle too, though, when I read CoinDesk articles suggesting we should have more collectible Tamagotchi style NFTs for kids.
But I guess the market doesn't think Roblox will be held accountable and, what did I just say about pollyana? I don't know, but her parents should keep her close to home for the next four years.
"
The robots were so widly misrepresented by the company that Tesla stock dropped a dizzying 10% in one day, destroying on the order of $70 Billion in notional value, almost certainly because nobody was willing to tell Elon the truth - that his cheap trick would almost certainly be revealed. This has gifted us the intoxicating spectacle of investors and bootlickers as prominent as Chris Bakke getting completely bamboozled, at the exact moment that smarter and savvier players were GTFO of what is now dangerously close to being a meme stock.
"
Again, what a difference a month makes. Do yourself a favor and do not look at how much it TSLA recovered. I saw something on social media (which I wish was a phrase I never say or said). Paraphrasing: Musk foolishly spent 44Bil on Twitter and all he got out of it was control over all three branches of govt.
"
flowed directly from Elon’s use of technology as a lever for political manpulation.
"
I feel like some greater power decided to read a Choose Your Own Adventure book to decide the fate of humanity. "You see a giant pit of dispair. Sensibly walk away, p. 20. Jump in it, p. 75." "Lol, bored. I did the normal responses on the first run-through. Good thing consciousness is an illusion and humans won't feel any real suffering. Page 75 here we come! ... Oh, yep, gross. Okay, next run-through."
"
I think there’s a decent chance of a wage-theft lawsuit succeeding here
"
Funny how everything written a month ago having any faith in the system seems almost insanely pollyana now.
"
According to my sources, MM deals in crypto have in the past also involved handing over options to market makers - simultaneously incentivizing them to trade a token higher … and giving the MMs a way to take a lot of alpha away from founders and other holders.
"
Devious but smart. I feel like there is a lot more manipulation to go up than down in crypto. So I always feel like it's outsized the criminal reaction to Mr. Mango, Humpy, and the like. Why are they hit harder than, say, Jump? I also feel like wash trading, market manipulation, etc. wouldn't bother me if Cexes and the lobbyists that /stand/ with them didn't try to get it both ways. Let it all be "for entertainment purposes only" and beanie babies, but stay out of US monetary policy and protection.
Make the on-ramps and off-ramps highly regulated, taxes calculated for you and in return we have to report every tx to the IRS (including that which is not verifiable on chain, eg mixing), and in return anything crypto has zero bank, FDIC, and possibly even legal protections afforded to any of it. True caveat emptor if you want true freedom, whether long or short. (Devil of course in details, but as a concept I think it may be sound.)
"
Roblox stock has actually not seen a lot of downward pressure from the report, but that might simply be because it has already long since deflated, now down about 63% from its 2022 high.
"
As I think I mentioned on the Discord, the user numbers reminded so much of the Decentraland exposes on CoinDesk. https://www.coindesk.com/web3/2022/12/22/the-final-word-on-decentralands-numbers/
This story pisses me off way more than any about market manipulation in crypto. Because kids aren't trying to speculate on crypto prices (nor should they). I bristle too, though, when I read CoinDesk articles suggesting we should have more collectible Tamagotchi style NFTs for kids.
But I guess the market doesn't think Roblox will be held accountable and, what did I just say about pollyana? I don't know, but her parents should keep her close to home for the next four years.
"
The robots were so widly misrepresented by the company that Tesla stock dropped a dizzying 10% in one day, destroying on the order of $70 Billion in notional value, almost certainly because nobody was willing to tell Elon the truth - that his cheap trick would almost certainly be revealed. This has gifted us the intoxicating spectacle of investors and bootlickers as prominent as Chris Bakke getting completely bamboozled, at the exact moment that smarter and savvier players were GTFO of what is now dangerously close to being a meme stock.
"
Again, what a difference a month makes. Do yourself a favor and do not look at how much it TSLA recovered. I saw something on social media (which I wish was a phrase I never say or said). Paraphrasing: Musk foolishly spent 44Bil on Twitter and all he got out of it was control over all three branches of govt.
"
flowed directly from Elon’s use of technology as a lever for political manpulation.
"
I feel like some greater power decided to read a Choose Your Own Adventure book to decide the fate of humanity. "You see a giant pit of dispair. Sensibly walk away, p. 20. Jump in it, p. 75." "Lol, bored. I did the normal responses on the first run-through. Good thing consciousness is an illusion and humans won't feel any real suffering. Page 75 here we come! ... Oh, yep, gross. Okay, next run-through."