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As someone born between 1985 and 1995 who also has a sister in her early teens I have felt old since 2010.
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Feb 14, 2022 19:38
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| # ? May 26, 2024 06:31 |
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At the end of the month I am going up to Gainesville with my friends and their daughter to take her to a UF gymnastics meet. I have not been to Gainesville in a decade, or more, and am already mentally preparing myself for the shock at what has changed.
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Feb 14, 2022 19:39
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Pain of Mind posted:18 years is pretty impressive, my record is 5 and it feels like forever. ESPP can be pretty good, depending on the conditions. I have seen companies that sell it to you at 85% of the lowest price in the 6th month ESPP window, so as long as you sell the shares immediately when you receive them you are guaranteed to make a profit. I have never worked anywhere that had the lowest price of the 6 month window, most were the cheapest of the first or last day of the window, but even then as long as there is some discount on the price you are still guaranteed to make money. If they don't give you a discount then it is probably not worth doing. My ESPP is a 5% discount off the closing price on the last day of the six-month period, but you have to wait to sell it so that 5% could disappear in just one or two days' volatility. I don't feel like locking up cash in my own company's stock for that. It's actually surprisingly crap of an ESPP deal, considering how good the rest of my benefits are. In other news, today is the 25th anniversary of my wife and I's first date. We both have to work today, probably not gonna eat at an actual restaurant since it's chilly today and we don't eat indoors yet, so I'm trying to figure out what I can go pick up. Last year I got a steak from the peruvian place and that was an error, a steak doesn't keep for 20m and also they were hideously backed up for valentine's day and I had to wait 30m longer than when they said it'd be ready. Don't want to just get food from one of our usual spots though.
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Feb 14, 2022 19:44
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Vietnamese and a new vibrator. Can't go wrong IMO.
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Feb 14, 2022 19:53
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Impossibly Perfect Sphere posted:Vietnamese and a new vibrator. Can't go wrong IMO. Yeah we order Pho nearly weekly, so while it's great food, it wouldn't be special.
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Feb 14, 2022 19:56
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Ok, but you're leaving out the important part.
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Feb 14, 2022 19:58
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The intimate part of our marriage? Correct, I don't post about that.
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Feb 14, 2022 20:20
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Hamachi and Hitachi!
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Feb 14, 2022 20:31
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Feb 14, 2022 20:57
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I'll bite, why do non crypto people hate crypto so much other than the fact neckbeards were the early adopters? If you don't buy in, you can just ignore it and it doesn't effect you
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Feb 14, 2022 21:02
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Nissin Cup Nudist posted:I'll bite, why do non crypto people hate crypto so much other than the fact neckbeards were the early adopters? If you don't buy in, you can just ignore it and it doesn't effect you It's morally wrong. Environmentally, socially, economically it's loving stupid bullshit. Wastes masses of electricity, causes climate change, helps fund some of the worst people on earth, launder money, sell drugs, support cartels, organized crime, terrorists etc. But also I don't believe in poo poo that creates value from nothing. The stock market and all the related financial shenanigans are bad enough, but at least there is the semblance of value and something being produced there. Even if very slight. With bitcoin there is nothing, just greedy fucks destroying the earth for no reason but raw greed. For me it is the perfect representation of everything I hate about our modern society.
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Feb 14, 2022 21:08
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Yeah crypto is a microcosm of late-stage capitalism. It’s such a naked farce of a scam, and the fact that people seem to at least partially recognize the scam but keep doing the scam continues to drive me ever more insane. E: also yah envy that I didn’t get in on the scam to start and get free money Ornery and Hornery fucked around with this message at 21:21 on Feb 14, 2022 |
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Feb 14, 2022 21:15
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I also hate seeing like a dozen crypto commercials all from different companies. The only commercials that made us laugh were the Guy Fieri Bud Seltzer one because Guy rules, and the Irish Springs (I think) shampoo commercial because the CGI bunny screamed and it caught us all off guard. The rest of them completely sucked and I am going to start applying for marketing jobs because Jesus Christ people are getting paid to make these awful commercials
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Feb 14, 2022 21:31
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On top of what other people have already said, it's tough to avoid cryptocurrency because hype is the primary source of its value, so people keep throwing advertising dollars at the industry to try and drive up the price of everything on paper. The most charitable read that I'll give to cryptocurrency is that there probably is a conversation worth having about what constitutes "ownership" in digital spaces, but this super does not feel like what the Internet was supposed to enable when it was still young and full of promise. Somebody here (BlindSite?) called it "capitalism running out of things to buy" and that's as punchy of a description as I've been able to come up with. E: I'm willing to bet that there's an appreciable overlap between the people who are big into crypto now and the people who were decrying DRM on the iTunes Store 15 years ago. C-Euro fucked around with this message at 21:40 on Feb 14, 2022 |
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Feb 14, 2022 21:38
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It's been pointed out elsewhere, but I'm really hoping the deluge of crypto commercials is similar to when all the ads were for tech start-ups, and then they all crashed. Remember when pets.com had a Super Bowl ad?
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Feb 14, 2022 21:38
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Skwirl posted:It's been pointed out elsewhere, but I'm really hoping the deluge of crypto commercials is similar to when all the ads were for tech start-ups, and then they all crashed. https://en.wikipedia.org/wiki/Dot-com_commercials_during_Super_Bowl_XXXIV It's a funny list 
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Feb 14, 2022 21:41
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Kalli posted:https://en.wikipedia.org/wiki/Dot-com_commercials_during_Super_Bowl_XXXIV Epidemic.com 
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Feb 14, 2022 21:47
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and then, the aftermath https://www.youtube.com/watch?v=t81rjNseriY
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Feb 14, 2022 21:47
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Freaquency posted:Epidemic.com it was a viral marketing company. Yeah. The url is now being domain squatted
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Feb 14, 2022 21:48
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Nissin Cup Nudist posted:I'll bite, why do non crypto people hate crypto so much other than the fact neckbeards were the early adopters? If you don't buy in, you can just ignore it and it doesn't effect you https://blog.dshr.org/2022/02/ee380-talk.html outlines the basic points. Specifically, ignoring the externalities doesn't make them go away.
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Feb 14, 2022 21:57
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Aside from the other stuff people have said, the rush to create crypto mining machines has added to the overall issue of semiconductor shortages and causing the price of a lot of tech to go up as well as increasing lead times. Everyone wants to get in on the new gold rush, but the only people getting rich are the ones with data centers full of GPUs mining crypto sucking up a New Zealand's worth of energy (probably more now) to do so.
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Feb 14, 2022 22:08
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Nissin Cup Nudist posted:I'll bite, why do non crypto people hate crypto so much other than the fact neckbeards were the early adopters? If you don't buy in, you can just ignore it and it doesn't effect you I'll throw in one more bit. The basic concept of crypto is an attempt to create a "trustless transaction", e.g. allow humans to interact (financially) without trusting each other or a trusted third party. This is fundamentally impossible. You cannot offload trust onto software. What all crypto boils down to is the "scam" of convincing people that the other people they'll interact with in a crypto ecosystem - custodians of accounts, sellers and buyers, etc. - are magically more trustworthy because you're less able to identify them and have zero recourse if they fail to perform. This is always false, and always will be. The desire to do this is deeply Libertarian. It's ranking self over community (because community is actually how humans establish and maintain trust). It's a perfect symbol of the bankrupt Libertarian ideology that one's own "right" to pursue wealth, property, and "success" overrules the rights of others; that individual success is even possible without the societal structures created by the same communities that Libertarians smugly denegrate. It says that social institutions, including one of the most ancient and successful (standardized fiat currency) are Wrong, because they're "involuntary" and being forced to do something is Wrong, the ideal form of human being is an intrepid pioneer, a Captain of Industry, a self-made (white, male) man, who owes his triumphs to nobody but himself. Crypto's siren song of winning through little effort by investing in technology that undermines the state authority that Libertarians so detest is false at every level, from the supposed security of its transactional processes, to the offloading of its horrific environmental impact onto society without paying for it, to its reliance on both energy networks and an Internet that were created and are maintained by those same State authorities. Of course, loads of people have made money on crypto (and all of that money was extracted from previous people in one decade-long pyramid scheme), and it's tough not to imagine yourself as being one of those winners, especially if you've reached a level of social cynicism (or ignorance of what crypto really is) that you no longer care (or know) about who gets hurt in order to provide you with your unearned windfall. Leperflesh fucked around with this message at 22:11 on Feb 14, 2022 |
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Feb 14, 2022 22:09
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seiferguy posted:Aside from the other stuff people have said, the rush to create crypto mining machines has added to the overall issue of semiconductor shortages and causing the price of a lot of tech to go up as well as increasing lead times. Everyone wants to get in on the new gold rush, but the only people getting rich are the ones with data centers full of GPUs mining crypto sucking up a New Zealand's worth of energy (probably more now) to do so. Oh yeah, Crypto is also the reason I can't buy the car I want to buy.
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Feb 14, 2022 22:10
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Comparisons to the dotcom bubble do give me a little hope. Still, I'm worried. 20 years have changed a lot. There are so much concentrated wealthy backing the web 3.0 play. I fear their near bottomless resources could keep the scam a float long enough to become irreparably bound to the rest of the economy. Then the powers that be become incentivized to keep the illusion going for fear of the economy looking down and going Wile E. Coyote. Maybe worst of all there are reports that wall street sickos are bored of carving off percentages in a more regulated space while their dipshit fraternity brothers get uber wealthy in the wild west of crypto. If more and more of traders gets bought into crypto/NFT/tulips for the fun of it those valueless commodities could bring everything crashing down.
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Feb 14, 2022 22:12
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Yeah if crypto was just a bunch of dipshits trading virtual Beanie Babies no one would care, but it uses the energy production of a small country and a bunch of those dipshits are actively trying to force it into our day to day lives so gently caress ‘em
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Feb 14, 2022 22:13
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Leper, everything you've said rings true but this partLeperflesh posted:it's tough not to imagine yourself as being one of those winners, especially if you've reached a level of social cynicism (or ignorance of what crypto really is) that you no longer care (or know) about who gets hurt in order to provide you with your unearned windfall. seems particularly important. Social trust is horribly low, especially trust in financial institutions. In this environment it makes some sense for people to say, "I'm going to gamble on getting rich with this scam because scams are the only way anyone gets ahead. If I lose who cares, playing by the rules would have hosed me anyway. If I win at a cost to others who cares, they were hosed anyway." Then others rationalize that crypto is actually the only way to free themselves, and the rest of us, from the current bad economic system. The severe difficulty of living a prosperous, comfortable, or meaningful life in our society incentivizes this kind of reckless behavior.
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Feb 14, 2022 22:20
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Not to continue piling on, but generally the fundamental way of making money with crypto and moreso NFTs is that you buy low and sell high to someone else, in other words someone else has to get ripped off in order for you to make money.
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Feb 14, 2022 22:28
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Leperflesh posted:The intimate part of our marriage? Correct, I don't post about that. Well i sure as hell hope not. If you did, I’d have to wonder who was authoring those specific Wikipedia articles!
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Feb 14, 2022 22:39
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saintonan posted:https://blog.dshr.org/2022/02/ee380-talk.html outlines the basic points. Specifically, ignoring the externalities doesn't make them go away. *looks at capitalism* ruh roh
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Feb 14, 2022 22:53
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Ornery and Hornery posted:*looks at capitalism* I mean, that's true, but saying "embrace the good things and ignore the bad things" is a very common libertarian argument.
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Feb 14, 2022 22:58
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A lot of why crypto sucks has already been covered. I'll just toss in that crypto is actively making society worse in every way, and has absolutely zero upside. It's just another way for people to gamble money, but also fuels a ton of illegal activities including terrorists. If our government had any balls, they'd start outlawing crypto trading and mining, but rich people are too busy scamming poor people and want to keep it that way.
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Feb 14, 2022 23:08
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saintonan posted:I mean, that's true, but saying "embrace the good things and ignore the bad things" is a very common libertarian argument. It's kind of a very common argument for any proponent of any socio economic system proposed today tbh.
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Feb 14, 2022 23:11
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The Puppy Bowl posted:Maybe worst of all there are reports that wall street sickos are bored of carving off percentages in a more regulated space while their dipshit fraternity brothers get uber wealthy in the wild west of crypto. If more and more of traders gets bought into crypto/NFT/tulips for the fun of it those valueless commodities could bring everything crashing down. I like this point because it underlines something that I'm always kind of annoyed with: the total dismissal of government regulation as either a Moral Wrong (the right-wing perspective) or Completely Useless (currently seems to be a left-wing perspective, at least here on SA). Regulation is the supposed brake applied to naked capitalism that makes it less horrifically destructive. To the extent that wall street operators find they can't rampantly ruin the world in the pursuit of more money because of regulations on the markets, that's evidence that those regulations kind of sort of work, at least somewhat. And that in turn gives me hope that we don't have to go down in flames, even if we can't realistically usher in the utopian socialist paradise (somehow without drowning in blood or just getting authoritarianism instead) that us lefties pine for. Somehow I would like us as a country to reach a place where most people agree "regulations are good, actually, if they're well-implemented and actually enforced, and those are things we can actually choose to do." Goes back to that whole trust in institutions thing, I guess. Apropos: if crypto was ever well-regulated, it'd become worthless, because its most important factors for those using it today are the aforementioned pyramid schemes they hope to enrich themselves with, and its utility for doing money laundering and other crimes. But if the Bernie Madoffs of crypto all went to jail, and if the money laundering side of things were more aggressively attacked, and if we also made it illegal to waste 1.21 jiggawatts per second on crypto mining farms, all the magical thinking about "trustless transactions" and poo poo will rapidly prove to be completely worthless. The people hoarding the bulk of the crypto will panic dump it, the bagholders will hold their empty bags, and that'll be that. Hopefully.
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Feb 14, 2022 23:22
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Crypto has almost no value and NFTs have even less value and anybody buying either is just getting rinsed with the hope they can rinse someone later. Unfortunately that comes with Never Shutting The gently caress Up about crypto to ensure their investment grows. All while destroying the planet
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Feb 14, 2022 23:27
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One of the problems of the perception of regulation is that when it does its job, no one knows about it. When it fails, everyone knows about it, so people come to view regulation as not working. We definitely have a weak government in terms of regulation though. The SEC has very little power, and any fines they bring pale in comparison to what a lot of big companies take in. Unfortunately, there is not a lot of appetite in Congress to strengthen regulation on the markets.
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Feb 15, 2022 00:03
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Lol, the chud down the street is now flying a Canadian flag
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Feb 15, 2022 00:09
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incredible work in leading poll questions and they Canadians still said "Yeah, crack skulls" https://twitter.com/CanadianPolling/status/1492525302370684928?s=20&t=zDryejn6U7jAU0hmPHz6cQ
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Feb 15, 2022 00:32
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Skwirl posted:It's been pointed out elsewhere, but I'm really hoping the deluge of crypto commercials is similar to when all the ads were for tech start-ups, and then they all crashed. Yeah I was flashing back to that as well
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Feb 15, 2022 00:34
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Guze posted:incredible work in leading poll questions and they Canadians still said "Yeah, crack skulls" Like half of the Canadian trucker protest funding is coming from the US
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Feb 15, 2022 00:35
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HR sent out an email blast today acknowledging Valentine’s Day with the subject line and title “Equity is Love Operationalized”, and I can tell that lil snippet of corporate jargon is going to haunt my brain for quite a while
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Feb 15, 2022 00:50
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