Anyone else see Reddit’s stock tank 20% yesterday?

According to…that woman with a book about his wealth? Article says 70 to 200 btw, not 200. Sources elsewhere guess much lower (tens of billions).

US GDP is 27.72 trillion. That’s the movement of money annually.

Yes, Putin’s in charge, with his one hundred million dollars (sarcasm, not exact figure) and zero sway over the entire Western economic establishment.

History will look back at the American empire and judge all its complicit civilians equally. It’s Democrat vanity that makes them think they’re not in the same genocidal boat as Republicans. You may think of yourselves in another class, but your politicians were complicit in the same crimes.

Just practically speaking, hard work alone doesn’t cut it. You need to figure out how to get enough money out for the labor you’re putting in. Goes without saying, for many people that’s impossible, especially with no financial wiggle room. On top of whatever inequalities are inherent to capitalism, the government’s also gone out of their way to completely rig the rules of the game.

Oops, replied to wrong comment.

Yes, we had this kind of logic before. https://allthatsinteresting.com/voting-literacy-test Turns out that “regulations” that restrict key democratic functions of societies are actually weaponized by tyrannical states against marginalized people.

Whatever.

Yes, because you were all voting for politicians who were complicit in that genocide. Then the election happened, and the quasi-ceasefire (really, relocation of hostilities to the West Bank, until they almost inevitably resume in Gaza again) happened. And you’re all still clinging to the “it was a spoiler designed to cost Dems the election” and yet you’re still completely failing to ask the absolutely fundamental question of why the Democrat politicians would rather give up an election than give up being complicit in genocide.

The sheer fact that you write “genocide” in the “I’m an idiot” up-and-down caps, by the way. It meets the legal definition of genocide. It means the intent of laws authored against genocide. It meets the structural characteristics of past genocides. You have to be a truly sick person to trivialize it like that. It’s really striking how much trivializing the genocide like that goes hand-in-hand with blaming its critics for the Democrat’s loss - it’s always the same people doing both. Are we not living in the same planet, where genocide is literally the worst crime imaginable, besides causing the extinction of the entire human race or all life of Earth? Does a politician’s complicity in genocide not completely discredit everything they say or do as a facade to gain power and wealth? Does it not reveal an absolute deception that’s fundamental to our entire social system? Be honest, have you even thought about those questions?

Yes, this was in 1984, the TVs that watch you back.

The way it’s written, it sounds like we could download it in the US, after the law was passed, for 180 days, and then do whatever we want with it. Unfortunately, after that point, the test of it being “developed” in China would probably be met for anything but a near-total rewrite.

That’s not infinite. Bitcoin is just one of many participants in the wider currency market. The bet of people speculating on Bitcoin is that its market share in the market will continue to grow. So the absolute upper limit of its valuation is basically that of the global currency market. In more practical/realistic terms, it has technical constraints as-is that limit its use as a day-to-day currency, which limit it to a lower point, since other currencies have to be used for small transactions, and hence, have to take some other portion of the global currency market. And so on.

Not exactly gambling. Rather, the market is trying to anticipate and calculate these shifts in valuation. Individual participants may try to catch it early to get a good deal. Many will fail, including buying at a bad deal. People will get caught up in hype because it’s a novel invention as opposed to some same-for-same replacement. That’s just the price determination mechanism. Currency shifts, and market adjustments in general, are messy. Any time one currency dies, there’s a flight to others.

Disclaimer: I have zero Bitcoin. Also this is just explaining mechanisms, not justifying or supporting them.

The theory behind capitalism doesn’t require infinite growth. A society could have continual “profit” based on the use of renewable resources. The explanation for why we’re constantly expanding our exploitation of the planet is a little more complex than just an inherent trait of the economic system. That’s kind of a nasty oversimplification that people apply.

Am I supposed to read more than a sentence of this

I think you have managed to completely change the subject in a single comment.

The redditization of lemmy.world is finally complete. Congratulations, you have ruined the internet.

Huge red flag, using “centrist” to apply to anyone who criticizes both political parties. Lot of those people identify as “leftists” with Democrats to their “right”. It’s an really grotesque America-centric framing that makes it sound like any position outside of the genocidal American mainstream is automatically wrong, and any bipartisan critique is just lazy indecisiveness. As if every systemic critique of this country is wrong. As if you ever even bothered to think critically about the entire system yourself, or what better possibilities are out there. I think that’s what they call a “thought-terminating cliche”. Your mind hasn’t gone there, but you’ll attack anyone whose mind has. Really disgraceful behavior.

Trump also confirmed he had instructed the military to resume shipments of 2,000-pound bombs to Israel, which had been paused over concerns about civilian casualties.

Biden sent 14,000 of those bombs as of July last year. Enough to kill roughly a million people in a concentrated enough area. Some critical context you missed in your framing of the situation.

West Bank ethnic cleansing

Has been ongoing at this increased pace for about a year. Are you just hearing about it now?

You guys truly struggle with this. Both of them are complicit in the genocide. Stop trying to make one of them look good just because you identify more with him.

And no, I do not agree with Maalus’s take just because I’m under his comment arguing with you.

I asked what specifically you had an issue with, and gave three possibilities. Which one are you saying no to? This screams “evasion” that you just say “no” and then start in with a bunch of vague platitudes. You won’t even pin down what you’re saying. Speak up.

So, being that’s the reality we live in, I can determine that the situation is INFINITELY better off in the hands of one party than the other.

Genocide is not infinitely better than genocide. It is actually delusional to think that a political system comprised of two parties which have a near-total consensus on committing genocide are operating independently. You can frame this as a “tough choice adults have to make” as much as you want, but the fact that you have no coherent explanation about why this is happening shows you’re just playing games instead of facing reality.

I also voted for that party because I’m not a moron single issue voter and I know there’s a lot else at stake right here at home.

Again - genocide is not a “single issue”. It shows that on the spectrum of morality, a politician is at absolute zero. Pure evil. It negates every other stance they supposedly have, because it proves that they value absolutely nothing except their own benefit. If you can sacrifice millions of humans, you are an absolute devil. If you vote for someone like that, no much how much anguish you supposedly subject yourself to while you’re doing it, you’re a fool and a useful idiot at best, and as evil as the politician at worst. And back to the point of “the parties are not actually independent”, this speaks only to you failing to understand that voting for either of these parties sacrifices everything that’s at stake. It is the public shooting itself in the foot and thinking they’re being strategic.

This is exactly why I don’t respect you - you’re talking about everything but the GENOCIDE.

Stop responding to me. You’re not “humbling” me, I’m disgusted by you. Your complete moral failure here is enough before you start adding on the condescension, which you then go and accuse me of in return.

I wish this site had a working block feature like reddit. Some of these people just need to be cut out of responding. “Hide their messages endlessly taunting you and dancing around the point even after you’ve left” is not the same.