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RPATDO_LAMD
Mar 22, 2013

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a nationwide rent strike would be impractical to ever organize but very epic

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RPATDO_LAMD
Mar 22, 2013

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Potato Salad posted:

Turns out that public humiliation will still drive her to go private lol

No peace for any of these destructive, terrible people. She can go cry into her mountain of ill-gotten cash.

She didn't go private, she just blocked Dan Olson specifically. If you click through to the original tweets you can still see them.

RPATDO_LAMD
Mar 22, 2013

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BonerGhost posted:

So they're paying to work an anime convention, and none of them thought to go to the nearest store and get a $5 cat litter tray and bag of carefresh. Sounds about right.

I'm sorry for the rabbit, it's the only individual in this situation who didn't choose to be there.

Like most pets besides cats/dogs, Rabbits aren't domesticated and can't be litterbox trained. You have to just line their entire cage and just hope they do most of their pooping when in there and not when you take them out of it.
Since this guy went on vacation without a cage for his rabbit and is just using the entire bathroom as the cage, they would need to line the entire bathroom floor.

RPATDO_LAMD
Mar 22, 2013

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Warmachine posted:

This is just an economics degree talking. And yes, it makes you exactly as unrelatable to normal people as you sound. Source is me, an econ degree holder.

Don't do this you dumb goon. Explaining that "value" is an abstract and subjective thing unrelated to the price of a good or service or that the "cost" of something is the thing you gave up to get it might make for an interesting conversation, but you're not gonna win any hearts and minds by trying to tell someone the value of their discounted Steam game is $29 instead of $69 and the cost was a dinner at their favorite restaurant.

You really do not need an entire econ degree just to realize that buying some horribly overpriced garbage for "50% off" is still a bad deal.

The uneducated masses aren't milling around lamenting to themselves that they're gonna go bankrupt because they help missing the opportunity to "save money" from those "$200 value for just $25!! call now!!" as-seen-on-tv commercials.

RPATDO_LAMD
Mar 22, 2013

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Leon Trotsky 2012 posted:

The new PM is doing a very dumb thing that everyone from socialist economists to former members of Thatcher's government are begging them not to do. But, they are still doing it.

The short and dumbed down version is that they are increasing their debt load by ~45% to finance a huge "stimulus package" that cuts taxes for the top 7% of incomes, uncaps the bonuses bankers can make, subsidizes gas companies/bills for a few months, and cuts the taxes that fund the NHS.

Everyone, including even the IMF, is saying that there is no way that those programs would ever juice the economy enough to make this huge amount of debt worth it. But, the new PM insists that it will pay for itself. So, everyone is dumping their UK holdings and bonds because there is a worry that the UK won't be able to service all of their debt on time going forward.

Pretty sure she isn't completely stupid and realizes this policy is worse for britain as a whole. But the real purpose is to enrich the party's wealthy conservative buddies who want lower taxes and are shorting the pound.

RPATDO_LAMD
Mar 22, 2013

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AreWeDrunkYet posted:

Why? Everyone involved probably got paid in actual US dollars to market the funny money.

the point is that they accepted money to hawk obvious scams to retail investors in the hopes of stealing their money
celebrities aren't real people, so nobody cares whether they themselves benefited from the deals

RPATDO_LAMD
Mar 22, 2013

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TaintedBalance posted:

The trap here is associating labor income with wealth such that it somehow translates to a class position, which is functionally about power gradations and differentials. It doesn't really matter if making 100k makes you in the top 17% of SF area when median housing price is 1.3M and a ton of inventory is still moving on a cash buyout basis. After taxes, 100k leaves you around 75k, with a median 1br rental being 3k/m. Say you get a roommate for a 2br at 4k/m divided by 2, so you've got 2k in rent and then throw 100 on top for utilities (this is low and wrong, but whatever). 2.1k* 12 = 25.2k, so now you're down to about 50k before you've even eaten or paid for going out or anything. Say your a plant person who can live off photosynthesis and eating dirt every once in awhile, so you don't need to do that, and you're an asocial freak who posts on dead gay comedy forums, so you somehow keep that entire 50k. You're maxing out your 401k here (no matching because math is hard) because you're trying to be smart with money, but nothing else because you want to buy some day. Now you're down to 30k in savings a year. It will take you 43 years of saving to buy a median house outright if you have to cash bid and for some reason housing costs never go up over that lifetime.

This is dumb and we all know it, so lets stop treating income like class position unless its so egregiously high that it easily translates to wealth (500k+ probably? and that's assuming no debts, because a lot of people in that bracket have some gnarly student debts for at least the first decade or two of their earning potential), especially when things like CoL are incredibly important for understanding this.

There are still a lot of very stupid 500k+ medical doctors who live paycheck-to-paycheck in constant debt due to consumerismbrain. Plus they still actually sell their labor for a living!
But then there are also doctors with similar or even lower incomes who spend it on investment property instead and then retire to become a landlord who just lives off of rent-seeking and no longer has to labor.

You can't just look at income, like a BWM $500k/year surgeon with 3 new car loans who puts his hawaii vacation on a credit card each year is arguably more middle class than a GWM landlord who owns all his property and makes $150k/year from rent while jerking off all day. (For one thing, despite the lower income the second guy probably has much higher net worth.)

RPATDO_LAMD
Mar 22, 2013

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They said they 'only' eat out 2-3 times per week, that's 8-12 meals per month. With a $1300 budget they're spending 108-162 dollars per night out. For a family of 4 including a 4yr and 1yr old that's 27-40 dollars per person. Are they ordering separate steaks for the 4- and 1-year olds? How does a kid that young even eat $40 worth of food?

e: maybe the kids get $5 grilled cheeses and then mom and dad get $60 worth of drinks each?

RPATDO_LAMD fucked around with this message at 22:52 on Oct 5, 2022

RPATDO_LAMD
Mar 22, 2013

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And I doubt the 1 year old is ordering many $20 drinks!

RPATDO_LAMD
Mar 22, 2013

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seems pretty GWM to me

RPATDO_LAMD
Mar 22, 2013

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The saddest thing imo is that they're pissing away 90% of that money on software development for some lovely mtx ridden secondlife clone.

I wish they would piss billions away on hardware development instead so at least after they implode the state of the industry would be further ahead.

RPATDO_LAMD
Mar 22, 2013

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Elysium posted:

Honestly I didn’t even realize that Meta had products out that people could use. I thought it was all just “well we’re working on some stuff and maybe we’ll release it when VR actually becomes a thing.”

Another thing I don’t understand is that, if SecondLife already existed, and VR headsets already existed, where did the 10 billion dollars go? Isn’t the meta concept basically just that?

Their only successful product, the Quest, was a separate company that already existed and was successful before they bought it. It used to be the Oculus Quest instead of the Meta Quest.
All they've done is taken the best-selling, best-value-for-money VR headset on the market and add mandatory facebook login to use it (and remotely brick yours if you don't have a fb account).

RPATDO_LAMD
Mar 22, 2013

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Vrchat already exists and has captured the (relatively small) VR social media audience already.
If facebookvrchat looked good enough I guess it could steal some of VRC's userbase, at least the portion of them who aren't too worried about fb tracking and selling all the data about everything they do inside, or the commercialization where they want you to basically spend money for every interaction, buying and selling user-generated content.

Also Secondlife exists and does basically everything Horizon Worlds wants to, besides being in VR.
It's a little 'virtual world' where everything is user-generated content bought and sold for real money, and basically nobody uses it except some niche RP communities because there's nothing to really do besides play dressup with your avatar and chat. (Also it's old and ugly as poo poo.)

RPATDO_LAMD
Mar 22, 2013

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Tablets aren't portable like phones, there are almost 0 reasons you would actually carry one around with you in place of a more-portable cell phone or a more-capable laptop for doing actual work. So naturally you barely see anyone using one out and about.

But plenty of people still use them inside the home for loving around on the internet or watching tv/youtube or whatever. Or give them to young kids. Young people are increasingly less likely to own personal computers or non-work-related laptops, or even know how to type on a keyboard at all, since cell phones can "pretty much" do all they need.

RPATDO_LAMD fucked around with this message at 18:52 on Oct 12, 2022

RPATDO_LAMD
Mar 22, 2013

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I borrowed a vr headset from my university library and trying to use it while sitting in a chair at my computer desk or later sitting on my bed was just awkward as hell.
You really need a whole-rear end empty room.

RPATDO_LAMD
Mar 22, 2013

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I have a very conservative investment portfolio. 70% is in bit coins and ethereum and only 30% is invested in random penny shitcoins like Floki Inu or Cumcoin.

RPATDO_LAMD
Mar 22, 2013

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Leg animations in normal games are easy.
In VR, looking down and seeing 'your' virtual legs doing something way different from what your irl legs would be doing can be offputting and weird. Especially if you're sitting down or something.
Facebook originally tried to "solve" that by having no legs and making everyone a floating torso. But enough people hated it and complained that they changed their tack. Now they're trying to do some AI bullshit to make the legs move "naturally".

And yeah VRchat just uses canned out-of-the-box walking animations. It also has the option to use leg trackers to make the virtual legs match your IRL leg movement, but you need some separate (expensive-ish) hardware for that. There are people who use full body tracking to do stuff like breakdance in VR which is pretty cool.

RPATDO_LAMD
Mar 22, 2013

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drk posted:

If I read that right her semi-liquid net worth is less than $100k, and she thinks she can pay $48k/year in mortgage for 15 years plus other life expenses for the rest of her life with that money?

She has a pension as well but she didn't say how much it would pay.
She also seems to think taking out a loan against her 401k will somehow give her extra "free money" that she doesn't have to pay back.

RPATDO_LAMD
Mar 22, 2013

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Vice President posted:

I know I hate it when I go to the store and use fiat currency like a chump and I have to stand there at the credit card machine for over an hour waiting for it to process.

you're supposed to wait for 6 confirmations so more like 2 hours

RPATDO_LAMD
Mar 22, 2013

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Phanatic posted:

It's tough to establish gender as a bona fide occupational qualification, though. Hooters did in fact settle just such a lawsuit and agreed to hire men (although not as waiters), probably because they were afraid of losing entirely if it went to a decision.

https://www.nytimes.com/1997/10/01/us/hooters-settles-suit-by-men-denied-jobs.html

With strip clubs, the women are generally independent contractors. A better example might be something like the Rockettes or NFL cheerleaders.

The "although not as waiters" part seems pretty important here.
Obviously "be a sexy lady" is not a bona fide occupational qualification to be the person microwaving wings in the back of the titty restaurant.

RPATDO_LAMD
Mar 22, 2013

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the point is that the arbitrage guys were totally wrong about their arbitrage opportunity because they didn't understand the difference between asking price and actual sale price.
they were just looking at unsold books on ebay with a higher asking price and saying "i can totally sell it for that much"

RPATDO_LAMD
Mar 22, 2013

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spending thousands on spaceship jpegs isn't the worst possible hobby
you could always be spending thousands on fancy custom vape rigs. then not only are you wasting your money and looking like a mega-dork, you're also getting lung cancer

RPATDO_LAMD
Mar 22, 2013

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TraderStav posted:

Having it built from the ground up so that you are not completely isolated from your surroundings and inaccessible from others, is a component that I think is critical that all the others have missed.

doing it this way is typically called "augmented reality" instead of VR and has been a thing for ages. for example it was what MS's hololens & windows mixed reality focused on. and google glass before them

that said I personally would not pay even 20 bucks to sit in a google-street-view panorama shot of my home during video calls while traveling. i doubt a huge number of people are gonna pay $3500 for that feature. the lack of useful end-user applications for AR stuff is why hololens pivoted to going all-in on business usage.

this seems like mostly a prestige product for apple to say they made it, i doubt they are expecting to sell anywhere close to enough models to recoup development costs.

RPATDO_LAMD fucked around with this message at 17:41 on Jun 6, 2023

RPATDO_LAMD
Mar 22, 2013

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Anne Whateley posted:

I understand you absolutely refuse to be wrong, but we can all see you moving the goalposts. Wearing a valved respirator is better towards others than wearing no mask.

Also, at this point, if the person across from me gives a poo poo, they’re wearing a mask that protects them. If they don’t give a poo poo, me wearing the equivalent of a cloth mask still protects them more than they want or care about.

Sure it's better than being naked. But if you're spending $250 on a razer branded "gaming mask" with less efficacy than a $1 paper mask you are still a massive idiot.

RPATDO_LAMD
Mar 22, 2013

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Scratch Monkey posted:

Uh… how exactly?

the nft part is useless extra cruft

the borrower gave their watches to a crypto-branded pawn broker named "4k protocol" in exchange for some money in their digital wallet. if they don't pay it back, someone else can pay the money to the pawn broker and get the watch. all of this could easily be done without nfts or cryptocurrency, and in fact is done all the time in the real world

RPATDO_LAMD
Mar 22, 2013

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Carbon steel knives also have to be maintained properly to not rust. It's not a big deal if you actually use them all the time but if you're gifting someone a carbon steel knife for once-in-a-blue-moon barbecue poo poo you are just giving them an extra maintenance chore.

RPATDO_LAMD
Mar 22, 2013

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hawking pyramid schemes to your friends and family is a hobby now?
at least with stupid poo poo like collecting funko pops the hobbyist is only throwing their own money into a hole

RPATDO_LAMD
Mar 22, 2013

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buying it always sounded stupid
but i remember hearing it when you could "get money* for free by running mining software on your own computer!"
then i checked and my gpu was too slow so i forgot about it for 8 years

*only actual use is buying alpaca socks from one weird merchant who accepts bitcoin

RPATDO_LAMD
Mar 22, 2013

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There was some amount of real money, but it was largely going to big institutions and not individuals.

For example the FBI auctioned off the siezed bitcoins from the Silk Road darknet drug marketplace, all for real USD in big batches.
For some time, big companies like FTX were making a lot of money by exchanging/depositing bitcoins for shares in the publicly traded ETF "Grayscale bitcoin trust", and then selling those shares on the stock market (to stupid retail investors)

RPATDO_LAMD
Mar 22, 2013

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The vast majority of people who gambled on bitcoin enough to become bitcoin millionaires continued to gamble until they were no longer millionaires.

RPATDO_LAMD
Mar 22, 2013

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yeah it's exactly like casinos
saying "nobody ever made money by putting it all on #00 at the roulette wheel" is self evidently wrong.

but for decision-making and risk evaluation purposes, you ought to treat it as if it were true anyways

RPATDO_LAMD
Mar 22, 2013

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100 days to fully liquidate a million bucks doesn't sound that bad for the real world financial system. if you're somehow spending it faster than that you're doing something really BWM anyway
of course in crypto the main risk is that the exchange you're using to cash out suddenly goes bankrupt, has the founder flee with the private keys and all the money, gets hacked and cancels withdrawals indefinitely, etc

RPATDO_LAMD
Mar 22, 2013

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doing reiki energy-healing sessions over zoom for a few hundred bucks a pop sounds pretty GWM to me

RPATDO_LAMD
Mar 22, 2013

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bob dobbs is dead posted:

yeah, uber stole billions from saudis to subsidize our jitney cab rides, which is practically a mitzvah

japanese pensioners maybe not so much

why do pension funds constantly do stupid poo poo like trying to stock-pick trendy tech companies and beat the market instead of just sitting in indexes

RPATDO_LAMD
Mar 22, 2013

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Bird in a Blender posted:

Something that would actually help with our housing crisis is getting rid of, or at least loosening parking requirements. Parking requirements add costs to housing, and also make areas less pedestrian and mass transit friendly. It also just takes up space that could be used for more housing.

before you get rid of parking requirements in the USA you need to restructure zoning laws, public transport, and american society in general so that people can actually live their lives without a car.
if you aren't able to own a car when you have to cross a 5 lane highway to get to the closest grocery store on foot you are pretty much hosed

RPATDO_LAMD
Mar 22, 2013

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Phanatic posted:

Oh, this is a good one.

The UK government some years back wanted to encourage the use of biomass for energy (which is itself a questionable idea but I'll leave that for the energy generation thread), so it entered into a contract-for-difference agreement with a generation company, Drax. It and Drax figured that the price of biomass-generated electricity needed to be at least $X for Drax to make a reasonable return, so the agreement was that if Drax generates electricity with biomass and sells it for under $X, the end-user gets a higher bill to pay Drax the difference. If Drax sells it for more than $X, the excess money goes back to the utility/consumer/government. At the time of the agreement, prices were low, which means money was going to be flowing to Drax under this arrangement, and Drax bought up biomass supplies to insulate itself from spot changes, since $X wouldn't vary based on biomass prices.

You can see where this is going, so you're smarter than the UK government. Whoa, electricity prices increased. Drax doesn't have any ability to profit from the increase in electricity prices because when they sell at greater than $X, they have to pay the excess profit back in compensation for the subsidies it received. But biomass prices *also* increased, so they stopped generated electricity altogether and just sold off their biomass stock off to other generators.

https://www.bloomberg.com/graphics/2023-uk-power-stations-avoided-paying-back-consumers/#xj4y7vzkg

Then you shouldn't have negotiated such a dumb, obviously and easily-gamable contract, Ed.

It's even funnier than that. They had multiple biomass generators and only one was covered by this subsidy. So when prices rose above the cap (in addition to selling off extra fuel) they just turned the subsidized/capped one off and started running the others at higher loads. Great dealmaking, UK.

RPATDO_LAMD fucked around with this message at 20:16 on Aug 5, 2023

RPATDO_LAMD
Mar 22, 2013

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leper khan posted:

Idgi how is the nft at all useful here, and how is this better than just a loan for money and using that money for watches? Or going to a pawn shop. Or just securing a loan with your watch.

Is it because doing all this makes fraud easier?

if it's anything like most crypto businesses the pawn business is not a primary profit driver. it exists as a form of "legitimacy laundering" to get gullible bitcoiners to go "woah this thing OWNS! and is totally a successful company" and invest in the protocol's associated ponzi crypto token.

as for why an end user would ever bother... I guess it's a way to liquidate assets for more ponzi-scheme entry tickets without going through kyc/aml regs for touching USD

RPATDO_LAMD
Mar 22, 2013

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A lot of people are bad/stupid with it and end up losing track of how much they've spent and blowing more than they can afford, getting way too confident in their dumb guesses and betting too much on a "sure thing", putting in more to try and win back their losses, or just plain getting addicted.

For people who treat it responsibly, stick to a budget etc it can be a fine pastime. But the whole industry is built around sucking the lifeblood out of people who think they can do that but actually can't.

RPATDO_LAMD
Mar 22, 2013

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leper khan posted:

You've clearly never gambled before. Huge dopamine and adrenaline hits. You absolutely get something out of it other than less money back; it's the part of it that's addictive.

gambling addicts in studies even get the dopamine hit when they lose so it's not even about winning

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RPATDO_LAMD
Mar 22, 2013

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Yes and it's apparently a very lucrative customer acquisition tool for the casinos
Amazon banned slot-machine streams on twitch.tv so some gambling conglomerate started up their own competitor called Kick and started paying some of the biggest twitch streamers to move over to it
the main benefit to them is the ability to eventually pay huge streamers to gamble on stream (like they used to do on twitch) and trigger some viewer's latent addiction

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