• 0 Posts
  • 38 Comments
Joined 1 year ago
cake
Cake day: July 7th, 2023

help-circle







  • Sure, but again the amount of actual player to player interaction involved in that is minimal. Like I said, I’m in a clan, and outside of obtaining my initial invite (which basically went “Clan plz” in chat followed by clicking accept) I’ve had literally zero social interaction with my current clan. Trading has been effectively automated by Warframe market. You copy and paste something into chat, and the rest of the interaction consists of a pro forma exchange of "ty"s. Also, you don’t actually need a clan to trade, because anyone you’re trading with will inevitably invite you to theirs, so they’re only really important when selling.

    This is absolutely nothing like the way that raiding and guilds are core to World of Warcraft. Clans play an almost purely mechanical role in Warframe, they’re not remotely the same thing, and do not have remotely the same requirement of social interaction.



  • The core story content is single player only. The rest is multiplayer, but unlike Destiny there’s nothing that requires you to form your own group outside of the game, and all the gameplay is designed in such a way that you really don’t need to communicate. You can basically just turn on public matchmaking and get a bunch of humans who might as well be bots for all you’ll have to actually interact with them.

    You can play all the content solo if you want to, but the difficulty might get a bit much, especially starting out (there are also certain game modes / mission types that really lean on having a full group).



  • I want to point out that even if they are, the incentive is still having the desired effect, because in that scenario it makes it much more profitable to sell an EV than to sell an ICE vehicle, meaning the manufacturers are going to push the EV’s more. And given that incentive, they would still be strongly incentivized to price the EV’s in a, way that compares will with their ICE offerings, even if they could theoretically sell them cheaper.

    A big part of getting results is understanding how to turn greed to your advantage.




  • You’re missing the fact that a flatscreen TV will still often represent - as a portion of someone’s wealth - a far greater cost than a private jet would to a billionaire. Consider that most low income people are getting their cell phones on payment plans, whereas a multimillionaire can afford to buy a Lamborghini Gellardo out of pocket. On top of that, high end purchases like cars, yachts, houses, fine art, etc, often retain a lot of their resale value, turning them into investments in many cases, often reselling for more than their purchase price. So yes, I absolutely did account for the tax exemptions on “essentials”, and even when you factor those your sales tax only model still ends up being less onerous the more wealthy someone is.

    I also want to call out the unspoken implication that is often present with these theories - not accusing you of doing this, but it needs to be said - that items like phones, computers and TVs are extraneous luxuries that no poor person should ever own, as if enjoying a fulfilling life or engaging in relaxation are things that only the wealthy should be allowed to have access to.


  • No

    An investment contract exists if there is an “investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others.”

    And just to be absolutely clear, many cryptocurrencies do not qualify as investments, and the government agrees. However there are numerous other regulations that the crypto industry apparently cannot handle, such as “Know Your Client” laws, which all financial institutions have to abide by, and which exist to prevent money laundering (Binance’s internal emails revealed that they knew perfectly well that their clients were using their service to facilitate crime, and they were perfectly happy with that).

    These are not bad faith regulations. They exist for good reasons, and there is absolute no good reason why the crypto industry shouldn’t also be subject to them. If these are currencies they should be regulated like currencies. If they are investments they should be regulated like investments.


  • That’s not what’s happening here. Microsoft management are well aware that AI isn’t making them any money, but the company made a multi billion dollar bet on the idea that it would, and now they have to convince shareholders that they didn’t epicly fuck up. Shoving AI into stuff like notepad is basically about artificially inflating “consumer uptake” numbers that they can then show to credulous investors to suggest that any day now this whole thing is going to explode into an absolute tidal wave of growth, so you’d better buy more stock right now, better not miss out.


  • There wasn’t a need to “define a new regulatory framework that actually fits” because, funnily enough, the existing regulatory framework already fits. It turns out, inventing new words doesn’t actually change the fundamental nature of the thing you’re describing. Refusing to call something an “investment” doesn’t change the fact that you’re selling an investment, refusing to call something a “security” doesn’t prevent it from being a security if it meets the definition.

    Edit: Sorry, let me address that ridiculous point about Coinbase “asking for clarity” directly. Yes, Coinbase repeatedly “asked for clarity” in the same manner as a dude in a girl’s DMs repeatedly asking for nudes while being told in the bluntest of terms to fuck off. They were given perfectly clear answers, they just didn’t like them, so they kept claiming, with zero fucking basis, that these will laid out rules that every financial institution has been following for decades were somehow “unclear” to them. It was a conversation not unlike a Sovereign Citizen trying to get out of a speeding ticket by claiming that they don’t understand where the officer’s authority comes from. The law is prefectly clear. If you don’t understand the law, you hire a lawyer who does. That’s a cost of doing business. Sticking “smart” in front the of the word “contract” doesn’t suddenly invent a whole new field of law. I can’t suddenly get away with murder because I call it “crypto murder”. The law is based on what you do, not what you call it.