Bad With Money 2018: When I die, bury me in the blockchain.

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad With Money 2018: When I die, bury me in the blockchain.

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

drat, it would make a small amount of sense if it was a private company, since they will probably find a way to get out of their pension obligations in the intervening decades, but that's absolutely insane if it's a government pension.

# ¿ May 3, 2017 03:48

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# ¿ May 3, 2024 11:02

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

No Butt Stuff posted:

A one time stud fee for last years winner was 200k.

Better hope it takes!

Most racehorse stud arrangements have a clause where you get to try again for free if you don't get a live birth. Still BWM as heck.

# ¿ May 7, 2017 04:53

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

I know a guy who is building shoe equity. The big shoe companies release new editions of popular basketball shoes each year, and a new in box set of Air Jordans in the right colors and from the right year can sell for over $5000. Figure it's about as BWM as baseball cards or any other collectable. Of course, sports cards can be very BWM, as people routinely pay hundreds for an "autograph" that is nothing more than a squiggle, by some random rookie who will probably only last a year or two.

# ¿ May 7, 2017 12:32

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

BEHOLD: MY CAPE posted:

What does it mean to be "financially responsible but not have the credit for a mortgage", those things seem to come closely hand in hand

Someone could be very responsible but if they don't use credit cards or take out loans, they may not have a good enough score for a mortgage. I didn't get my first credit card until my late 20s because my parents had to file bankruptcy due to CC debt, and that convinced me that credit cards were evil.

# ¿ May 8, 2017 14:05

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

A lot of it is bad investments. Maybe it has always been your brother's dream to open a bar, or your mother wants to start a real estate business and be her own boss, or your girlfriend's best friend heard about selling this great new health product and only needs a few thousand to get started. It can be hard to say no, and these sorts of things can end up costing a lot very quickly.

# ¿ May 12, 2017 09:49

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Some folks are terrified of risk, and with the number of "investment advisors" that outright scam their clients I don't blame them.

# ¿ May 12, 2017 15:16

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Cold on a Cob posted:

Friendly reminder that BWM-topical movie The Wizard of Lies is getting good buzz and premieres on HBO tomorrow night.

Hm. Is premium cable BWM?

Yes, because HBO has a streaming service. Not cord-cutting is very BWM.

# ¿ May 19, 2017 16:57

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Still, the self-employment tax alone will eat up a good chunk of that difference. Not understanding the difference between W-2 and 1099 income can be very BWM.

# ¿ May 22, 2017 21:19

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Neither is Uber driver. If you are being paid as a 1099 contractor rather than a W2 employee, you're probably working for free or close to it. There are a few exceptions if you are doing highly skilled labor in a few specific industries, but for the most part individual unskilled contractors are getting scammed.

# ¿ May 26, 2017 03:48

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

In some cities where rental cars are cheap, it could actually make sense to rent a car and run it as an Uber, especially if you had a few friends so you could run the car for 24 hours a day. Of course, it would probably violate your agreement with the rental car company, as well as violating Uber's policies.

# ¿ May 26, 2017 20:09

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Breetai posted:

As an Australian, the first time I ever saw a live stream of American television that included the American advertisements in place, I was absolutely horrified by your car ads. Not a single one of them listed the actual total price of the car, it was universally what the payment rate was. If the only thing they care about is the monthly payment rate, that's because there's been a whole lot of training involved.

Before they got bailed out by the government, US car companies made all their money on leases and loans. If you walked into the dealership and paid for a new car up front, they probably lost money on the deal.

# ¿ Jun 18, 2017 11:12

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

It can lead to some serious abuses, such as poor people pleading guilty to crimes they didn't commit because they can't afford bail and can't afford to miss work while they are sitting in jail. Of course, they are then charged a fine they can't afford, or sentenced to probation or community service requirements that they can't meet because every moment of their time is spent working or taking care of dependents.

Konstantin fucked around with this message at 00:13 on Jun 26, 2017

# ¿ Jun 26, 2017 00:10

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

canyoneer posted:

I looked on the Warhammer reddits to find threads about how much people have spent lifetime on Warhammer stuff. One guy said he estimates about $20k but that's been over the course of like 20 years and $1k/yr on hobbies doesn't seem that weird if you can afford it.

Magic: The Gathering is similarly BWM. When I played a few years ago most tournament quality decks were around $400 for the most popular format, and you need to drop a few hundred to keep current every 3 months when a new set comes out. Some of the formats involving older cards have decks costing several thousand dollars, and serious collectors can easily have collections worth tens of thousands. That's not even getting into the fact that there are foil and special edition cards that are much rarer, some of the big whales drop $10,000/year easy on new cards.

# ¿ Jul 21, 2017 20:02

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

LLCoolJD posted:

Seems legit.

I agree, this "SuperBitcoin" will definitely explode, meaning it will turn into worthless, unrecognizable trash, possibly causing a lot of damage in the process.

# ¿ Jul 26, 2017 05:28

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

They probably could get someone reasonably qualified if the couple was attractive and willing to enter a BDSM relationship with the assistant/slave. Given that this is in SF, quite a few of the applicants probably hope it turns into something like that.

# ¿ Aug 11, 2017 15:04

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

ate all the Oreos posted:

Clearly you don't live in the south, where "big truck" wins the rock paper scissors dick measuring game against "cool sportscar"

That's true in the north as well, I live someplace that usually gets one or two significant snowstorms a year, and people want to buy trucks and SUVs because "they do better in the snow."

# ¿ Aug 24, 2017 19:25

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Yeah, I'm almost positive that there is some illegal activity going on here. At the very least, you should document everything, comply with all relevant regulations, and assume that everyone involved will attempt to screw your company. I worked in financial fraud and there are huge red flags all over the place with this situation, I would refuse this customer's business in your situation. Cover your rear end.

# ¿ Sep 3, 2017 00:30

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

GamingHyena posted:

I don't know if this is porn or not, but I'm having a hard time imagining what I'd pay to watch someone do at $540/hour for over 9 hours.

Could be porn, but I've heard of people giving that much to some of the more popular Twitch streamers. It's very GWM to stream if you're an attractive woman who is decent at video games and can tolerate creepy nerds.

# ¿ Sep 20, 2017 02:17

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Silver is also an easier sell because it's much cheaper than gold. $200 buys a tiny gold coin, but it can also buy about a dozen large silver coins that look a lot more impressive.

# ¿ Oct 3, 2017 19:30

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

High Lord Elbow posted:

Being a plumber is incredibly good with money. Last quote I had was something like: "I'll fix the leak but I get to gently caress your wife and have right of first refusal on your children's kidneys. Also, six hundred dollars just for looking at the pipes."

Also, if you're a homeowner, you are only getting the worst plumbers. Anyone who is both honest and good has more business then they can handle from landlords, property management companies, corporate properties, and general contractors.

# ¿ Oct 24, 2017 00:28

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

It sounds like it's still early in the relationship, if she doesn't want to get married anytime soon there is no reason to sever, unless she starts asking for a loan.

# ¿ Oct 25, 2017 08:47

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

KingSlime posted:

I think they're on their third cruise of the year right now, and Dad got a fully loaded truck right off a dealership earlier this year

A new paid for truck isn't that BWM if you have a windfall, assuming you actually need a truck and don't currently have a reliable one. Assuming they are in their 50s or older and don't drive a ton, that could be the last vehicle they ever buy, and they will never have to make a car payment again. What is BWM is financing it or trading it in after 5 years.

# ¿ Oct 26, 2017 04:42

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Phanatic posted:

Because you were making your money in a way that you can't deal with banks?

Even then, I'd just eat the fee and use money orders or some other traceable payment method.

# ¿ Nov 22, 2017 18:08

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

That and PSLF, although I wouldn't count on a Trump administration actually honoring it.

# ¿ Dec 7, 2017 05:29

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

In some places getting a "free" couch can lead to an expensive bedbug infestation.

# ¿ Dec 12, 2017 06:19

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

I'd be interested to hear if there are scientific studies published in reputable peer-reviewed journals showing a long-term benefit for equine therapy.

# ¿ Dec 14, 2017 10:15

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Moneyball posted:

I've heard other people say it was good. Too bad people entrusted Schilling to actually make the decisions.

It was good, and it actually sold fairly well for a new IP, they just spent way too much making it. The breakeven point was something like 3 million copies sold, which is unattainable unless you are dealing with a well established IP or have an insane marketing budget.

# ¿ Dec 21, 2017 23:05

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

With how popular bitcoin is, I'm surprised no scam artists have made a cheap version of the physical coins pictured in every bitcoin article and sold them to grandmas as "bit coins."

# ¿ Jan 22, 2018 09:02

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

The big issue is that a lot of people use stolen and compromised card numbers to buy porn, so any bank will look more closely at those transactions, since they are on the hook for fraud losses. It's not just porn, any kind of digital good is high risk.

# ¿ Feb 4, 2018 00:19

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

All actual bank deposits are insured by the government, so you don't lose your money if the bank fails. Coinbase is using deceptive marketing to imply that USD deposits with them are also covered by this insurance, but they aren't covered in any meaningful way.

# ¿ Feb 5, 2018 06:19

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

ohgodwhat posted:

What's a Mercedes Benz cash bonus? I just picture coupons for your local Mercedes dealer.

Some MLMs will pay you a fixed amount each month if you show proof of purchase or lease of a certain brand of luxury car and are in the "Ultra Diamond" tier that 0.1% of people get to. Of course, I doubt Mercedes or BMW will extend credit to someone whose primary income is a MLM, and if you happen to drop below the required tier level you are still responsible for the payments.

# ¿ Feb 13, 2018 08:01

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

Plus, if you're American your parents probably died with an insane amount of medical debt, wiping out any inheritance.

# ¿ Mar 22, 2018 23:16

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# ¿ May 3, 2024 11:02

Konstantin: Jun 20, 2005; And the Lord said, "Look, they are one people, and they have all one language; and this is only the beginning of what they will do; nothing that they propose to do will now be impossible for them.

I'm not a criminal, but it's tempting to get a bunch of sovereign citizen materials together, edit it to remove the blatant racism and add references to crypto, and sell it to these people as a "Bitcoin tax hacks package."

# ¿ May 24, 2018 06:34

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad With Money 2018: When I die, bury me in the blockchain.