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Joined 1 year ago
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Cake day: June 18th, 2023

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  • Isn’t this about securities being exchanged? and whether these crypto assets are considered securities? The Howey Test hasn’t been decided on all the crypto assets and the SEC can’t just rug pull this technology (regardless of its merits) across the board without justification. Hence why we should wait for the courts to decide.

    Frankly Congress should have defined this stuff sooner to avoid this whole issue altogether, but our congress barely knows what the internet is let alone crypto.

    Regardless of whether or not Crypto ends being a good/bad thing, the US can’t just put its head in the sand and pretend that crypto isn’t here to stay.










  • Cool blame the government for the decisions of the executive team…

    They weren’t FORCED to hire like crazy, they did it because they got greedy, thought the money train would never stop and got caught with their pants down. Many companies stayed within normal growth estimates and many didn’t.

    Executive teams should be expected to predict these things accurately or be held accountable. But they won’t. They will cut staff and will happily pretend they did everything they could cash the checks and do the Bronze Medal meme Celebration as they MBA (verb) the fuck out of a company until it is dead and do the same to the next one.


  • If you believe the same retirement options that were available for boomers is realistically available for younger people, I have a 401k to sell you and a Social Security check is in the mail.

    Without significant changes to the way we handle our economy no amount of savings now will make up for the shit that’s coming.

    That being said, it should be noted I have a good paying job, I have a 401k, I have investments and none of that is going to carry any of us through to the retirement expectations that we’re being sold.

    If you’re under 40, between automation and climate change, shit is going to get real very quickly.