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Comment Re: Ihre Papiere (Score 0) 262

I didn't have "learning that someone on Slashdot believes that the Cold War was a myth" on my bingo card for today.

That's not even vaguely what I said, so it's unclear if this is some kind of language issue or the result of a disability, but I'm just feeling worse and worse for you. You somehow believe the cold war was about communism?

Comment Re:Dumbing down (Score 3, Interesting) 109

I watched all the stuff the GPP mentioned when I was young, and I actually watch a lot of PBS now; but not nearly as much and less and less all the time. Why because i am replacing it with youtube'ers who genuinely are better.

As great as Roy Underhill's or Norm Abrams' shows ever were, I learned more applicable wood working from Acorn to Arabella and Sampson Boat Co, or at least understood them finally. Same things with cooking, ATK is still amazing, and Julia and Pépin shaped me in the kitchen; but there is plenty out there now that is every bit as good and its not hard to find.

I loved PBS in the late 80s thru the late 90s, but the era is over.

Comment Re:Dumbing down (Score -1, Troll) 109

blah blah

is an incredible value for the money, said everyone defending every government dollar every time..

Certainly in the era before ubiquitous highspeed internet access and pick your self-publishing video platform, those things were great.

They are obsolete now. There is a time when even where you have found something that worked, the need is gone and it is time to stop doing it.

Comment Re:Here's the simple explanation (Score 2) 18

From a technical standpoint your are correct. From a practical standpoint there is something we all are not seeing.

The industry has customers that place a lot of value on relative anonymity. There isn't anything inherently illegal, immoral, or wrong with 'dark money' either it really isn't anyone's business what anyone else invests their personal wealth in. (beyond basic tax law enforcement etc, which yes privacy does complicate)

The industry also must certainly be aware they make quite a lot of money off players who are in fact sanctioned, using their platforms in complex laundering schemes and the like.

I don't see anyone who is running and IB, brokerage, or exchange wanting to just make all that go away. Maybe I am to cynical but if the people in those positions were really the types to say "hey we are willing to make less money, for the greater good" well there are at lot of things like know your customer standards and the like they'd have beefed up voluntarily already.

So I am left with there is a plan here we have not seen yet, like charging premiums for coin blending services or other various proxy ownership games like invite only trading of in house assets off chain.

One thing I am certain of nobody is trying to give the SEC radical transparency out of the goodness of the big hearts

 

Comment Re:A Fool And Their Money (Score 4, Interesting) 38

The dumbest part of the entire thing is - a college campus is one place where it should be like super easy to find some folks to wager with. Maybe like I dunno talk to some of the guys in your hall, activity lounge, wherever.

Setup some squares - everyone can photo the board with their phones so there isn't any funny business. You could even like socialize and watch some of the sporting events, maybe find girls like sports to watch as well get a couple bags of chips and some sodas and actually have a good time?

Oh the best part some of these people you call 'friends' win and maybe you win next time. There is no house taking a cut...

i don't think a little friendly gambling with people know is to likely to get anyone into addiction or encourage people to take risks they can't really afford but commercial gambling be it on sports, prediction markets, or stocks is down right predatory. The pattern-day-trading rule exists for good reason - its to prevent Etrade from turning into Draft Kings, and it has worked. We probably need something like it for Sports/Prediction market betting. If you can't find 25k worth of assets to park in an account, then you should be limited to handful of bets/plays a week. That way people don't get hooked, and hopefully you don't get people playing with money they can't afford to lose as often because, by virtue of the fact if you can keep it on account for x days you don't urgently need it.

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