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8861  Economy / Economics / Re: Brexit Losses Continue to Mount on: March 17, 2021, 12:17:58 PM
I'd be sad if it wasn't London taking the hit...

I'm sure the area of the country with $20tr+ investment capital will find a way to bounce back though.

It's probably more worrying that the government continues to undeffund education and healthcare - so we're going to end up with a lot worse in the future.
UK gov was never getting anything from stock trading from canary wharf(tax avoidance) so the UK gov want to concentrate on the physical trade
after all why let finance guys trade micropennies day trading where canary wharf keep the loot. when the government can get 2%-15% by playing with physical trading at the freeports

eg america moving chicken into europe direct costs them import tax duties to europe. but if they loop it through a UK 'freeport' to process the chicken. eu would then accept the chicken at a UK lower rate
UK can then charge u.s a small middleman fee for the saving

right now though UK gov have to make it harder for companies to do this via normal ports. (hense the extra bureaucracy) to then incentivise foreign trade to use freeports instead.

its much like raising the bitcoin tx fee. delay transactions.. to get people to prefer to use LN.. yes it causes headaches at first because people just want to transact the way they did before but cant without costing more time/money
but hey in the end those using the other network will gain from it. while calling out the old way as near obsolete.
they are not interested in streamlining and improving the legacy methods. they just want to tweak the legacy methods to promote their new method.

its no coincidence that legacy ports are now harder to use whilst freeports are being created
8862  Economy / Economics / Re: Your economic competitor is at the other side of the globe on: March 16, 2021, 10:11:03 PM
yep the latest trend of 'work from home' that governments want to get businesses to try.. will back fire

im in the UK and many businesses have found out that the work at home method actually makes businesses realise how not needed some roles are.
yep even when people could have been furloughed and paid by government. so no cost to the business. the business didnt want to just keep them 'on the books' but instead handed them their 'your fired' papers.

they then prepared to recruited others who could do the job cheaper for when the business reopens. and those people dont have to be local
indian call centres own the majority of UK call centre employment.

heck i can easily see america not wanting call centre staff to work from home at $15/h
when they can just remote hire british staff at $10($8.90) to ensure they have cheap english speaking staff
then the company doesnt have to worry about income tax.medical care.

8863  Bitcoin / Bitcoin Discussion / Re: Opinion About Future of Bitcoin Scalability on: March 16, 2021, 09:58:59 PM
I believe that Lightning Network is not good and safe solution.
Do you have any reason to back up your claim? Lightening network is still growing in adoption, but it has a lot of potential to positively affect scalability.

We can use some centralized "bitcoin banks" where ordinary people will keep their bitcoins.
Banks can also print bitcoin banknotes that are backed by real BTC (legacy mode support).
Putting a decentralized currency in a centralized system is wrong use in my opinion.

guess you missed the memo
LN has loads of vulnerabilities..
remember account transaction(channels) have been around for decades.. then bitcoin came around as something new and more secure then channels..
LN has many vulnerabilities.
LN has the same flaws as the banking system and yes hubs are just bank2.0 with a catchier title
heck its not even a 'push' method. but instead 'handshake'(cooperative signing)
its not even a network wide audited method

imagine having a fiat bank. but if your wife wants you to pay the electric. you cant just transfer $100 to the electric company
you have to daisy chain many partnership handshake agreements.. and hope that everyone on the line is awake and has funds for you to hot-potato your payment through your wife.then the neighbour then their boss who then has access to the electric company

LN payment success/achievement rate is not 100%..(unless <3sat) heck not even 50%(unless under the price to buy a mcdonalds happy meal)

seems backwards to me.
bitcoin solved many bank problems.
LN is reopening old problems and adding more problems ontop.
and thats without discussing all the bugs, code and feature vulnerabilities
8864  Economy / Economics / Re: Did tesla's $1.5 billion bitcoin purchase negatively affect their stock price on: March 16, 2021, 08:37:09 PM
imagine that 'supplychain costs are $1.5m/quarter'
so they have $6bill a year of 'cashflow' to cover those costs for the year

well unable to buy stuff in Q3 means your hanging onto $1.5b that should have been used.
this can cause issues with:
a. seeking 2021 investment. as having cash unspent wont attract people to want to hand more over
b. tax offices will see that $1.5b cash and take a nice bite out of it.

so the smart option.. invest $1.5b into something. so that you can treat it as a tax loss for 2020
yes when you exit the investment in the future you have to declare it as a taxable income. but atleast the amount taken will be less if you then get to spend the $1.5b on supplychain stuff before the end of 2021

yes many smart businesses want to declare losses for tax avoidance. a hit on the share price is less than the hit on the tax bill
share prices can recover. but you cant recover the tax taken

oh and by the way. elon bought btc in december. his primary share holders (board members) knew this..
the share price dip in february. was social drama triggered by a collection of many factors which swayed the smaller share holders away.
it was a combination of
the PUBLIC february news about investment.
the supplychain issues
tesla US cars are recalled due to faulty touch screen
tesla china cars recalled due to battery issues and unintended acceleration
other manufacturers launch their competitive cars

8865  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 16, 2021, 02:37:23 PM
The guy nailed him on some other equally stupid things and got him to put some outright lies on record which, if/when it goes to some form of court or another, will probably be prosecutable.

not really a hammer and nail situation..
the flaw is in the licence "aproval" that stops anything from being approved unless XX time has passed.

it has nothing to do with laws of allowance.
it has nothing to do with if FDA think it should/shouldnt be used

'approval' is just a golden badge

from a point of if something is deemed safe to use, from the point of if something can be used without being fined/sued. the vaccines have been given the greenlight.
having the sparkly gold glitter, and handed a title of 'approved' is kind of just a bureaucratic meaningless thing now... the only thing stopping it from getting a 'approval' gold badge is time. where that time scale has been written down many decades ago without understanding that time can itself be its own flaw.

you can pretend that the emergency use authorisation is just word salad to try to suggest the vaccine should not be used. but the FDA have given it the green light and said it should be used.
so physically it has been approved. even if not on paper stamp and golden badge bureaucracy approved(paper shuffling)

think of it like dating.. a girl likes you. she makes it physically obvious.. are you going to be an idiot and deny a night of passion because some person told you that the relationship is not consensual unless you have known the person for 18 months and have a written signed piece of paper that says so
or will you have the real world common sense that she gave her consent by sitting naked ontop of you and told you its ok to ride her all night..
.. if you think you need a notorised contract.. well have fun.. oops i mean dont have fun with that
8866  Other / Serious discussion / Re: Decentralization, freedom and security on: March 16, 2021, 11:05:58 AM
Franky, I absolutely agree with you, and those lessons I've been learned in a hard way for the past 6 years how long I'm in crypto. Also, I would like to remain that freedom with responsibility including ethics of justice.
So, the point of this thread is not to blame people for their mistakes or to learn them how to live their life, but to warn about how cyberspace is a pretty unsafe place today and how bad people can easily hurt other people and avoid punishment for their deeds.
Also, its really unacceptable how companies and teams who are promoting their projects in cyberspace mostly lack the sense of responsibility if somebody is (ab)using their brand to scam other people.

well those that want freedoms. become the normal people at the bottom of the pyramid who without realising it, start promoting that corporations at the top of the pyramid should not be watched/regulated.
which then ends up harming more people at the bottom

in my view corporations should be watched and regulated.. not their customers.. but the corps management team
where the customers(people at bottom) can then have more freedom of choice. and also the legitimate power to KYB (Know Your Business) so that customers can then seek justice against the business that scammed them

most 'freedom fighters' end up getting into trouble and imprisoning themselves more.. whilst the corps they idolise get the freedoms

take NRA . gun hobbiests cry for more gun freedoms. but end up getting arrested for waving a loaded gun in public(yes its actual public threat/danger to other people) but then while the hobby guys are in prison. the NRA gets to advertise that people should buy 20 fully auto guns and wave them at their neighbours 'coz freedom'

smart people need to realise waving a loaded gun around is a way to have your freedom taken from you
NRA only tell people to buy and wave them around. as its a way of free advertising to get more sales.

yes freedom fighters are just trying to let immoral and unethical companies get people into legal trouble just so the corp can profit and be more free..
......
i dont mind people having the freedom to buy guns. but use them wisely.. a gun is not a flag. its a threat to other people. so keep it holstered or in a safe place
but the NRA should be heavily monitored and regulated so that they cant get their customers into trouble for profit.
8867  Other / Politics & Society / Re: Why COVID diagnostics are crashing. on: March 16, 2021, 10:45:22 AM
use of drugs that have immune-surpressor element. should not be taken as a daily supplement before getting infected. as it dampens your immune system. meaning your body is not ready to fight it off effectively..

immuno suppression should only be used after the infection has peaked. to then dampen down the immune response IF its the immune response thats then causing adverse symptoms beyond whats meant to happen

many studies have been done and found that although the theory of immune suppression can reduce deaths caused by immune overload.. the reality is that using it too soon or too late makes the drug ineffective as a treatment.

remember the doctors advertising people should buy drugs/supplements when not currently suffering and use them above daily recommended dosages. are what the world call 'pillmills' selling pharma for profit

...
as for the graph with the high excess death in december that is much higher then covid.
well it appears that those diagnosed.tested. scanned. treated but then succumb to covid and die. are covid deaths.
but there are alot that are not tested/scanned/diagnosed/treated. thus they have not been categorised as a covid death
it proves that not everyone is just auto-listed as covid death.
places like nursing homes with residents on DNR have had their death not listed as covid death even though covid and fighting covid was the ailment that made them suffer

yes maybe cuomo could have made it a policy to swab.blood test. xray and diagnose all corpses instead of his cover up.
but the stats show something in 2020 did cause significant larger amount of deaths than normal and it appears that 80% of decembers excess deaths of covid was under counted.. unlike badeckers assumption of over counting
8868  Economy / Speculation / Re: Could be in for a very long sustained bull market on: March 16, 2021, 05:47:38 AM
institutions are not buying on public exchanges
if they were we would have seen a 50k bitcoin buy in december(elon)
there was no december elon spike. meaning he didnt grab from public exchanges
there was no doubling of volume on one specific exchange to indicate a sudden buy up.


the february price frenzy was not based on (elon)institution buying the coin in february.. but speculators and hype traders buying based on the NEWS of elon announcing he bought coins 2 months earlier privately
all exchange volumes inflated in parallel from news hype.. meaning it was general market sentiment. not single whale trade caused

.. anyway

looking at the UTXO movements of the last 3 months
only <2% own coin at a movement sentiment of $60k.. so not much support to keep it at $60k
however 75% will refuse to sell below $37k. because 75% of coin movements moved while prices were over $37k

so if we call $37k a good support line of 75% support to keep it over $37k

thats then ~$23k of pure speculative hype bubble.. which could correct itself
8869  Other / Off-topic / Re: How is life fair? on: March 15, 2021, 08:11:39 PM
life is fair
2 people:    a-10   b+10.. average is a fair 0
life is fair on balance.. never said its fair for everyone
8870  Other / Politics & Society / Re: Why people do not change their views on: March 15, 2021, 06:58:33 PM
I agree, we tend to surround ourself with people who think similar to us. This is probably a human feature which happens automatically. People will seem much more likeable if they are agreeing with us. That is also why pessimistic or grim people always seem alone. The Internet just makes it worse because we have such a far reach these days with our ideas.

I have a question for you: have you noticed that this phenomenon has been intensified in the past few years? Roughly speaking, previously a person used to watch the news to get new information, but now he watches the news to get the confirmation of his point of view. Apparently, this is so in Russia, and what about the United States?

20 years ago. people watched the news and then only spread their belief to about 20 people.. (friends and family near their home)

more recently 1 person can seek 1million+ like minded idiots to thumbs up. +1 and 'like' their internet blog posts
where its just some fan club that just makes the creator feel like they have some kind of effect on the world. you know the type.. basement dweller thinking millions of people idolise them and so they can be famous without being in public.

whats happening now is some cultish groups and scammers actually create conspiracies. just for the purposes of then making a mailing list of idiots (those that believe, fan idolise and cherish the conspiracy) so now scammers have mailing lists of people they know how to easily dupe into handing over money.

so its not just 1 level of deceit. (lie to get famous/notoriety). bt 2 levels of deceit(lie for notoriety and then scam them for money)
i know most mainstream 'faiths' have had this double layer of deceit.. 'gather around children while i tell you stories about a magic man'..'pass the collection plate and donate more then you can afford. the more you put in the better your chance your magic wishes will be granted'


i have nothing against people using beliefs to calm their own minds and worry less about life.. but when it gets abused with lies and fundraising.. thats then my cut off point in caring about peoples beliefs
8871  Other / Politics & Society / Re: Why people do not change their views on: March 15, 2021, 01:08:19 PM
I agree, we tend to surround ourself with people who think similar to us. This is probably a human feature which happens automatically. People will seem much more likeable if they are agreeing with us.
=
evidence of confirmation bias
8872  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 15, 2021, 12:58:39 PM
the US has a minimum of 60k that die a year of blood clots a year
thats about 164 a day
with people having a vaccine at some time of the year.

the chances of someone having a blood clot death within any 48 hours of any oth single one year event. whether it be their birthday. the birthday of their kid or a vaccine. or the day/month they passed their driving test..
is about 1 person it going to happen to out of 60k.

so yea 1 person having a vaccine and a blot clot is not significant proof of blood clot being a cause.

however 2 is a statistical interest that is not absurd to be a random anomaly but also not absurd to be a early indication of something being bad with a certain batch. especially if the 2 people had the same batch number.
3. well now that becomes very significant and a warning sign

i would be more worried if there were over 2 people and nothing was looked into that statistical anomaly

but trying to equate all the single deaths as 'must be vaccine' is just ignorant that deaths from other causes still happen.
i do find it funny how antivaxx want to declare all death as vaccine death. kinda hypocritical
8873  Other / Serious discussion / Re: It has been a ride - the bitcoin price infographed on: March 15, 2021, 11:31:27 AM
you can buy 2 pizza for $1???
you can buy a car for $350-$1.2k???
you can buy a yacht for $18k

seems your living in a great country..
im guessing your talking about buying 1 pizza slice for $1
im guessing your talking about 1 month rental of home/cars/yachts

in most other countries. actual purchasing power
2 pizza was the 2012 era of ~$20
a second hand (rust bucket) car was the era of $1.2k
a decent car is the 2021 $37k
the houses... that hasnt happened yet (well maybe a basic slum apartment/trailer park home has happened)
the yacht.. that hasnt happened yet
and the NFT art. well thats when 1btc is worth multimillions.. not happening any time soon
8874  Other / Serious discussion / Re: Decentralization, freedom and security on: March 15, 2021, 11:26:48 AM
there is freedom in decentralisation..
but with freedom comes responsibility

the freedom of self responsibility is a higher burden on you than the captivity of someone taking responsibility for you.
but we all have to grow up and leave the nest at sometime
and leaving the nest can cause harm if you dont learn fast

so.. dont hand money to strangers on the street. hoping you can find them one day and get your funds back
in the digital world. learn who your transacting with. DYOR and only hand funds over if you have enough info about them to slap them with a wet fist/court order if they wrong you.

if you know you cant slap them. then dont expect others to slap them for you. its your money.. it your responsibility.

freedom has consequences
8875  Economy / Economics / Re: Trader buys $36 million of copper and gets painted rocks instead on: March 15, 2021, 03:38:58 AM
Hmmm... I wonder why they haven't used any commercial letters of credit as a way to both secure their transaction. Anyway this could serve as a lesson to all international traders.

On a side note, I think a digital letters of credit could be implemented in a blockchain as a DeFi platform to cater to international trades though I don't know yet a blockchain project that that offers similar services that functions like a traditional letters of credit.

what you dont realise is while the physical copper might be being transported from a smelting facility to a secure store warehouse at a port
that copper has been passing through a dozen 'options' contracts by wall street day traders.
they are signing over digital ownership. and as long as they dont hold their contracts for too long they dont have to get delivery.

take last year. the oil contracts. wall street was trading them. then demand dropped from actual oil refineries due to covid.
so wall street had no one to sell the contract to.. meaning the oil would have been shipped to wall street and flood the trading floor in oily tar..
so to avoid accepting delivery they panic sold all their contracts to literally anyone willing to take delivery.

now if there was no dip in traders. they could have happily kept trading back and fourth. and the oil would have sat there for longer.

the reason why copper sat there for so long was it was being traded non stop for months.. without being sold to an industry that had physical need.
but when the contracts finally passed to a industry that wanted copper physically. they found the copper had been smuggled and swaped for rock. while at the port.

digital credit or proper credit would not have changed a thing
the problem is that goods should be mined and sold direct to end user industry. not locked in ports for months while its left to be digitally traded on markets
8876  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 15, 2021, 03:29:22 AM
Thanks for jumping to a different point.     Cool

its the same starting point. but im many steps ahead of you
Isreali antivaxxers moved on from the the cries of 'mandatory vaccination' fears

maybe its not your fault. maybe the link you read was from a canadian thats just copying an pasted a bad source. maybe he is linking a couple antivaxxers who are also a few step behind.

either way
Israel 1 month ago: the vaccine is not compulsary
8877  Other / Politics & Society / Re: Why people do not change their views on: March 15, 2021, 03:03:14 AM
You forget the most important point regarding why people don't change their views. They looked at all the options, and found that theirs was right all along.

then there are people like badecker that form their own idiotic thought. and then only seek the options that match their preference. and then join groups that support his ideals and surround himself with people that conform to his way of thinking to fool himself to believing he is right because all the options he has formed around him say only one thing

those types of people fear thinking outside of their little box. fear having a differing opinion as it will ostracize them out of their little social group.
8878  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 15, 2021, 02:57:39 AM
^^^ and above.

The point is the way the Israel tests are being done. They are being foisted on their people.

If you don't get the vaccine, you don't have any rights to do anything in Israel.

That's not the way to do it. Get volunteers, or forget it.

Cool

you really need to do some background research.. and not take things on face value

they cannot file a claim that the vaccine formula is a new experiment. those experiments where the 3 phases trials. its passed them so no longer 'an experiment'
then you can check and see that they dropped that avenue of claims. and now want to treat the data swap with the vaccine manufacturer as the "experiment" where the people getting vaccines were not given informed consent that their personal medical records were being passed to pfizer in exchange for the vaccine

by the way the antivax crowd already lost/dropped the 'non-voluntary/mandatory/compulsory vaccine jab' claim.. because there is no mandated threat of arrest if vaccine appointment was missed/ignored/rejected

isreal government "vaccines will not be mandatory/compulsory"
yep if you dont want it just dont ask for an appointment... easy

so... try to stay up to date.. your falling behind again
8879  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 15, 2021, 02:11:08 AM
https://brandnewtube.com/watch/covid-19-vaccine-celeb-exposes-fauci-039-s-misinformation_cSEEcRBcuP6gFB6.html

Some Mexican actor does an AMA with Fauci and destroys him.

Watch after 10:00 if you want to get the TLDR.

Basically Fauci says he also wants the younger people to get the vaccine because he doesn't want them to spread the virus and 2 minutes later he says the vaccine only helps with the symptoms but doesn't prevent you getting and spreading the virus.

Wtf

imagine you have lowgrade symptoms and your exhaling the virus.. you are only exhaling maybe 2% risk to another person
they inhale it with other clean atmospheric air. they only fight 1%(air diluted) of full viral load. = no symptoms and statistically 0 spread to a third person

but the more a person gets in the more symptomatic they will get fighting it. and the more it then multiplies to then spread to more people

so although a teen with no symptoms is technically a 0 spreader
not all teens are going to be 0 spreader

there is still a risk to teens of getting more then a 2% load (minor fever but teen doesnt realise they sick as its minor fever. so thinks they are asymptomatic. but can spread.. it just takes longer to be a viable amount being passed)
there is still a risk some teens get 10% load where they are mild
so turning that mild into a minor/asymptomatic. is technically 0 spreader.. but not factually

a teen sitting 3foot beside a person with a mask not facing each other. for an hour.. no harm
a teen in bed with their BF/GF facing each other no mask for an hour.. yep even a asymptomatic can spread it to their BF/GF and they get mild symptoms

its more about not having teens face to face for an hour non stop that makes them technically non-spreaders.  not the fact that they wont spread. but that their lifestyle is its own social distance.
teens dont wanna get caught by parents sneaking their BF/GF overnight. so they just do their romance stuff in 30seconds-1 hour(very lucky BF/GF if they can last 1 hours)

so if it took 1hour of <2foot distance then technically they would be spreaders.
so its luck teens are anti-social and rebellious and cant last 1 hour arm-in-arm with another person. certainly not their teacher/parents
playing games in their bedroom alone with closed door is in many ways better than a facemask
but a facemask is better if your dry humping someone for more than an hour breathing on them
......
they know a 30% mild symptom. is
2foot = 2x air dilution and 15% hit in 2 minutes
                                    = 30% hit in 4 minutes
4foot = 6x air dilution and 10% hit in 4 minutes
                                    = 30% hit in 12 minutes
6foot = 18x air dilution and 3% hit in 4 minutes
                                    = 10% hit in 15 minutes
                                    = 30% hit in 40 minutes

which as you can see the advice even since last year.. 15minutes at 6foot is the limit  
as its roughly a 10% risk from someone with 30% mild
thus if you get it you may only get 10%(minorasymptomatic)

so they know 2% minor/asymptomatic is
2 foot = 2x air dilution and 1% in 2 minutes
                                   = 30% in 1hour
4foot*= 6x air dilution and 0.33% in 2 minutes
                                   = 1% in 6 minutes
                                   = 10% in 1 hour
     +cloth face covering = 7% in 1 hour
            +surgical mask = 2% in 1 hour
           +N95 respirator = 1% in 2 hours
* side by side both facing forward not face to face
8880  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 15, 2021, 01:56:48 AM
The International Criminal Court Has Accepted Claim of Violating Nuremberg Code by Israeli Govt
https://canadianmale.wordpress.com/2021/03/13/the-international-criminal-court-has-accepted-claim-of-violating-nuremberg-code-by-israeli-govt/

the "experiment" they speak of is not some different formula vaccine.
the vaccine has gone through the experiment stages in phase 1.2.3 so that experiment is complete and people are getting a vaccine of the formula that passed the formula experiment.

the actual experiment is that isreal done a deal for priority listing of distribution in exchange for extra data.
usually what happens is when a government organises its healthcare system to give vaccines the healthcare report back to government. and the government make their own statistical analysis and only report severe adverse events back to the vaccine company. to stop them if its a bad batch. fine them if its other things.

however vaccine manufaturer wants more medical data in exchange for more distribution.. such as those having severe issues to report all of them to manufacturer along with the medical records of pre-existing illnesses and known medications taken before vaccine
same goes for the minor-mild symptoms. report all side effects of all levels and also the medical records.

..
its this sending all statistical data that is being deemed an 'experiment'.. not the vaccine
its not a new formula experiment
its a data analysis experiment
technically its an investigation... more technically its an 'investigation using data obtained without consent'
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