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Joined 1 year ago
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Cake day: June 6th, 2023

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  • Google was the first example I thought of, because they were founded in 1998, solidly before the dotcom crash. They survived because they hoarded data.

    My point was that every company going into the bubble thought they had a product they could monetize, but virtually all of them failed in favor of just hoarding everyone’s data. Amazon and eBay were competing for ecomerce supremacy, but now even they are just privacy violators for various reasons (amazon via AWS and Alexa, eBay in the interest of detecting malicious account behaviour).

    MySpace is an example of another unsustainable social media model in the vein of many dotcom era services. They died out as soon as Facebook realized they could hoard everyone’s data.

    All roads lead to privacy nightmares. It’s the fossil fuel of the internet, and enshitification is the climate change.








  • But we’re talking about the supply chain for a GPU that is compatible with this new RISC-V main board that is also good enough to compete with another laptop at the same price point (looks like it’s an IMG BXE-2-32).

    That’s what I’m saying, we’re on the right path, but we’re not going to get there over night. If you want a working viable daily driver today, there are some compromises that have to be made still.








  • Stock movement is always speculative with or without options. The difference that derivatives makes is the ability to price in speculative value at some point in the future as well. The price of a share is reflective of what traders think a company is worth today; but an option is a reflection of what traders think the shares will be worth at some point in the future, which people can then look at and use to re-adjust their estimation of what they think the underlying share price is worth today. It’s a recursive feedback loop that (theoretically) results in share prices closer approximating a true value. A sort of predictive smoothing function.