stuxnet's comments

stuxnet | 3 years ago | on: Luna Cryptocurrency Collapse: How UST Broke

You’re arguing semantics. No one is arguing that dumping all your money into Bitcoin or PTON specifically is a good idea.

> One, I can buy a Peloton. People pay for Pelotons. Positive sum.

Yes and once Peloton runs out of people to sell overpriced bikes and treadmills to, the valuation will (hopefully) return to reality. Uber continues to lose money on every ride.

If you’re going down the “people pay for it” route, we could say that people also pay for NFTs of monkey pictures.

stuxnet | 3 years ago | on: Luna Cryptocurrency Collapse: How UST Broke

That doesn’t explain anything. The broader stock market valuation bears no resemblance to reality and hasn’t for a while.

Crypto does have value. Not all of it, but again we could make the same comparison with ridiculously overinflated stocks like PTON or CVNA.

stuxnet | 3 years ago | on: Luna Cryptocurrency Collapse: How UST Broke

You could say the exact same thing about the broader stock market volatility (read: downturn) we’re experiencing. How one can be considered gambling and the other not?

At least the crypto investors aren’t expecting a wholesale bailout at any point, unlike “sophisticated” institutional investors as we saw in 08…

stuxnet | 3 years ago | on: Disney tells investors state can’t dissolve special district without paying debt

Thanks for the links! I agree with you that it's almost certainly related to recent events and probably not the best course of action to save taxpayer money in the short term.

To restate my position - I don't believe that Disney (or any other corporation) should ever have the ability to levy taxes in their own special district as that is explicitly a function of government.

Instances of political revenge, especially in this day and age, are not rare or limited to one side of the political spectrum. I oppose any attempts to target groups of non-affiliated people (by race, sexual orientation, etc), but can't be too upset when the casualty is a mega corp like Disney.

stuxnet | 3 years ago | on: Disney tells investors state can’t dissolve special district without paying debt

I'm not particularly a fan of Disney or the Florida legislature so I totally agree with your second point.

The point I was trying to make is that regardless of the recent motivations, the end result is that a mega corporation is stripped of privileges that they shouldn't have had in the first place. I would support that in this case and also the other fictional case I presented with Koch Industries.

So I guess the point of contention is in the motivation, but that doesn't matter to me as long as the end result is the same.

stuxnet | 5 years ago | on: No Longer in Shadows, Pentagon’s UFO Unit Will Make Some Findings Public

My initial assumption was the same, especially with the type of claims this topic has elicited in the past. That being said, the individual making the claim (Eric Davis) seems reputable[0] enough to not risk his career/stature for a buck. He has a PhD in astrophysics and more than a handful of publications and citations in the field. Given the magnitude of the claim, I'd say skepticism is still warranted though.

[0] https://www.researchgate.net/profile/Eric_Davis6

stuxnet | 5 years ago | on: No Longer in Shadows, Pentagon’s UFO Unit Will Make Some Findings Public

> Mr. Davis, who now works for Aerospace Corporation, a defense contractor, said he gave a classified briefing to a Defense Department agency as recently as March about retrievals from "off-world vehicles not made on this earth."

> Mr. Davis said he also gave classified briefings on retrievals of unexplained objects to staff members of the Senate Armed Services Committee on Oct. 21, 2019, and to members of the Senate Intelligence Committee two days later.

I'm not well rehearsed on the recent history of the subject but this sounds like confirmation of crashed extra-terrestrial vehicles from a reliable/not crazy source quoted by the New York Times? I'm surprised that this isn't bigger news...

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