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wollsmoth

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I'm pretty happy with Youtube TV, which I think is relatively new.

I think with the size they don't have a lot of interest in running "small" businesses even if they have some traction. Something like Stadia was maybe just wholly unprofitable but maybe had some benefits if they developed remote gameplay tech that might be re-used in another product someday or offered as apart of their cloud offerings.

I guess they'll eventually jump in on the upcoming AR war, but it might be hard to beat the offerings from Meta and Apple. Maybe they'll have the Android of AR?

I think they have an excellent chance of being the last one standing. Unless we learn that they have also been operating a scam. If all they do is run a reliable exchange and don't get hacked, as other exchanges fall they'll probably get more business.

But I think if public interest wanes, and crypto sort of becomes this amway for nerds thing, then they'll probably flounder unless they prune back their costs significantly.

I wasn't necessarily opposed to his call for that. But the whole idea of somehow segmenting the app in a way that would somehow make tiktok better for us seemed kinda impractical. Just ban it or don't. If we ban it someone will make a clone in the west, or IG reels will just take over.

Probably most of the ones exchanging fiat for cryptocurrency. But you can use defi if you want to swap crypto for crypto, and you can always send direct to buy something, although most merchants probably immediately convert to fiat using an exchange.

Yeah. It may just be the best on/off ramp for crypto but but without any real compelling applications for it idk what that's really going to accomplish. You'll still be able to pull crypto out and spend it.

If they are the last ones standing and find a way to run a profitable business, then we may just see more competitors crop up that aren't actually scams. Or maybe existing banks will jump in. Who knows.

Coinbase seems like they are doing everything right? They might be the last one standing if they're actually being boring and following the rules.

Yeah, life isn't fair. I have a wfh job software engineering in my PJs while some people need to spend their lives doing hard labor in the sun.

Holmes is probably going to prison. Idk what's going to happen with SBF, but to prosecute you need evidence and there's a process.

I just think there's a limit to how far optimizing the code and cutting costs is going to get him. I heard twitter was making a push to be more worldwide in its reach which could maybe work I guess. As it is though I don't know how much more he can drive usage of this product. I don't have any real product ideas for them myself. But they either need to drive ad revenue or come up with a compelling paid option. Maybe they can build on tweetdeck and make that a premium $$ feature? Maybe they start charging for api access.

I think Twitter can continue to operate and even be profitable. But without completely adding a new product offering it's hard for me to imagine it growing to be worth a lot more than what Elon paid for it.

yeah feds might be interested if he's a legit ring of card harvesters but I bet they charge you some tuition, and just don't actually ever have a session with you.

Not worth LEO time, you'll have to take the L and learn.

yeah crypto deposits don't have the same protections as securities which is why you don't want to leave them in an exchange wallet. I'm going to guess somewhere in here there's enough for a fraud charge though. I don't know enough to explain why, but my hunch is he didn't lose all this money by going around and making honest mistakes.

It's great for the area they're located in. If you keep getting step raises and stock refreshers every year you can actually end up doing quite well. Your initial comp isn't going going to be super impressive though.

boomers are going to start downsizing or moving to retirement communities eventually. I'm holding back part because of what you said, and part because I can't really make up my mind about where I want to live long term. Happy to rent and collect index funds in the mean time.

yeah, I mostly know about puts and calls. I read around, you can borrow shares but the interest rate can be a little crazy so I'm not sure it's a better long term strategy than just getting/creating options contracts every n months.

You're definitely going to pay for the risk one way or another.