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Comment And this is the problem. (Score 5, Insightful) 82

The doubts will last for as long as the depression, during which the wealthy will be buying up bitcoin like mad. Once Bitcoin heads back into the 100k region, everyone will decide it IS digital gold, and push it up higher, at which point the wealthy will sell off, causing a collapse that the "everyone elsers" essentially pay for, and the cycle will continue.

And that is all bitcoin is. It's all the stock market is, too. A tool for pumping money from 401K plans and the gambling poor into the hands of the wealthy.

Comment Re:Liar (Score 4, Informative) 237

Hmmmm. Microsoft did just fine with lying (even in court), and Enron would have gotten away with it too if it wasn't for those pesky kids and their mangy brownouts.

Psychologists argue that a primary trait of a good CEO is psychopathy, since it requires a personality that has no remorse or compassion and a willingness to do whatever it takes.

Comment Yep (Score 1) 183

The UHF app on our Apple TVs & iOS devices and the UHF Server in Docker to act as a PVR gives us everything for a few $ a month paid in crypto.
We haven't had cable since ~1999-2000. Downloading and the *arrs have kept us happy, but the better half wanted to check out some live sports. So IPTV it was.

Comment Re:Calling it a lead is very generous (Score 1) 28

I've used Claude at home for ages. Work was wanting to get some AI stuff for us and the only 'blessed' one is CoPilot. Everything else it blocked. All senior management seems to know about AI is "Hurrr... Copilot and ChatGPT."

Out team of ~8 (pentestesting & VA) were unanimous about Copilot being crap and Claude being the top dog. So some higher ups OK'd a Claude Teams package for work. To bypass the CorpSec tards, we use it from our lab environment that has its own unmonitored link and IP range.

Anthropic/Claude is just so far ahead of OpenAI/ChatGPT and MS/Copilot it's not funny.

Comment Re:I get the value of SpaceX, but... (Score 1) 194

Taxing assets is indeed incredibly hard.

A tax system based around the logistics function (so that the tax owed is the definite integral between the starting point and end point, with no tax credits for anything, and the function is asymptotic to acceptable extremes at both ends) would seem to be the best system in terms of a pay-as-you-earn type function, because you don't get anomalies on boundary conditions or weird pay schedules, and you should be able to eliminate most of the cost of the tax rebate system.

However, integrating that with assets is hard. Which assets would be included? If all of them, then that would have to include properties, and property values fluctuate massively. If you only include "squishy" assets like stocks (where you can sell them quickly), it would be easier but you'd have to know what happens if the upper end of the integral is below the lower end. Do you pay back? If so, what happens during a market crash? If neither side pays anything when the tax integral is negative, is that something that can be exploited to form a loophole in the system?

I honestly think one of the S-curves would be the logically correct tax system (so every cent is effectively in a new tax bracket), but deciding what goes in there is not easy.

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