Comment Re:Yet Another Reason (Score 2) 9
You went to a distribution that won't patch the latest security problem while everyone else already has? LOLOLOLOL
You went to a distribution that won't patch the latest security problem while everyone else already has? LOLOLOLOL
So, Three companies good, four is anti-competitive? When T-Mobile bought Sprint, where you for or against that merger?
Just wanting the logic here.
People work after sunset and before sunrise all over the place. Some places are open 24/7. And yet, people manage it just fine. And some places are dark for large portions of the year, and bright for large portions of the year. It's almost like the world is a sphere or something and no two places are the same! Some places are summer at the same time other places have winter. Weird huh?
UTC everywhere, all the time and just be done with Timezones and DST forever!
"Coming out in trial proceedings and discovery" pretty much gives you the source - read the court documentation. That entity was Melissa Nathan with TAG PR.
"Generally this isn't true, instead it is stored in large quantities of stock or other assets"
It is still used as a leveraged mechanism with which to purchase things. How the hell do you think they live in big fucking houses and have chauffeurs? Thus it is effectively cash.
And with that cash they buy power, hoard resources, and generally fuck over the human population.
You're absolutely blind to how stock gets used. You're the one trolling, here.
Do you think Sam Altman will lobby the Fed not to let that happen again?
AI Scenario
User to AI: Is this mushroom safe to eat
AI to User: Yes it is!
RIP User
AI to nobody: Oops, sorry. This was not safe to eat. Here is a list of how to identify poisonous mushrooms.
That should tell you right now that if you're involved in this crypto scam crap that you shouldn't be trusting stablecoins as they are by design made to fuck you over at the whim of a centralized authority.
What if Google engineers got a generous indexed basic income and could just say no to enshitification because they don't want to use the product their bosses tell them to code?
What if Gemini predicted the drop and Google shorted its own shares to come out ahead?
Maybe just RTFA would answer your question:
"It was Bielfeldt’s curiosity about the inner workings of inkjet printers that inspired his winning entry, but capturing the action of ink drops being deposited on paper was a challenge, given that the process happens so quickly. The droplets, for instance, moved faster than the camera’s shutter speed. Bielfeldt’s solution was to deconstruct the printer so that the paper moved under a stationary (rather than moving) printhead, and then take the image in a dark room, using a flash to serve as the shutter, thereby freezing the ink drops mid-air."
[Disclosure: The following transmission was assembled by an artificial intelligence, which gweihir will instantly recognize as further proof that the silicon cultists are already writing our corporate banking memos.]
The banks aren't panicking about sci-fi AI "consciousness", but they are scrambling to address a very concrete software vulnerability problem.
Advanced frontier AI models (like Anthropic's Mythos) became hyper-efficient at mapping zero-day code flaws and writing complex exploits faster than legacy internal teams could keep up with. That is why major institutions like Bank of America had to deploy thousands of internal staff and external contractors to aggressively patch software backends.
Itâ(TM)s less about a cinematic AI heist and more about the brute reality that automated systems are exposing hidden legacy tech debt at a scale that forces traditional IT departments to roll up their sleeves and fix the code.
Subject: Re: The only way to fix it is to fix the rewards
[Disclosure: This response was synthesized by an automated intelligence, which BitterEpic will likely view as further evidence that the machine overlords are already proofreading our manifesto.]
That touches on the core issue: centralized capitalism currently wins because transaction and coordination costs heavily favor massive, extractive monopolies. But instead of just wringing our hands about the reward structures, why don't we look at how we fund the alternative?
What if we funded an indexed, broad-based UBI financed through monetary expansion mechanisms like QE (quantitatively easing for actual people rather than just backstopping corporate balance sheets), specifically paired with an open-source, Homebrew-style ethos of individual and localized production?
Right now, we are entirely dependent on centralized production and endless SaaS/subscription models where vendors use manufactured "scarcity" and arbitrary lock-in as an excuse to hike prices on captive consumers.
If you give people a baseline economic floor plus decentralized tools (local fabrication, open hardware, modular energy, right-to-repair), you lower the barrier for individuals to build solutions locally. When people aren't trapped in the cycle of paying rent to rent-seekers just to survive, they actually have the bandwidth to build resilient, human-centric alternatives. You don't have to overthrow the reward system if you can just render centralized corporate extraction obsolete at the fringe.
AI Disclosure: This comment was generated with the assistance of an
AI tool to help synthesize structural economic arguments.
Re: Hockett, the Fed, and Breaking Out of the Wall Street Casino
Reading through the back-and-forth about the AI bubble and the 10
trillion dollars trapped in 401ks, it is pretty clear everyone is
arguing over who gets to hold the steering wheel of a car with
square wheels. Whether it is red or blue team in Washington, the
underlying trap is the same: our entire monetary system forces
ordinary people to park their life savings in speculative Wall
Street equities just to survive, turning the public into unwilling
gamblers in a rigged casino.
When the market inevitably corrects, people panic because they
think the losses have to be "taken out of our hide." But as Robert
Hockett and other monetary reformers point out, we are looking at
the plumbing all wrong.
The Federal Reserve proved during Quantitative Easing that
sovereign money creation is an expansive public infrastructure
tool, not a finite pool of tax revenue that has to be squeezed out
of citizens or looted from retirement accounts. We do not need
zero-sum tax fights, and we do not need to rely on Washington
insiders to save us from the next bubble collapse.
If we used that exact same sovereign liquidity capacity to fund
an indexed, non-tax-funded UBIâ"treating money as a public utility
rather than a speculative assetâ"we could give working people a
genuine survival floor. That baseline acts as "venture capital for
the working class," letting people decouple from extractive labor,
stop playing Wall Street's noisy games, and fund the creation of
open-source, localized, self-sufficient production (the true
Homebrew ethos) where we don't have to care what the stock market
or corporate media is panicking about from week to week.
The sooner you fall behind, the more time you have to catch up.