awaythrow483

If you haven't read the manifesto, do yourself a favor and read it and come to your own conclusions. In my opinion it's a weird mix of extremely coherent and well reasoned points that come to a sort of nonsensensical conclusion but that doesn't deter from how good the good parts are and they are definitely worth reading

If you strip out the call for revolution stuff which is very poorly argued anyway and I think just transparently will never happen, the remaining 80% of the manifesto is very well written

The movie fight club is a direct editorialized adaption of the Manifesto

I mean, they went to work for Oracle in 2023...

Scorpion and the frog. Pretty hard to have sympathy

Where does the money for all of that lobbying come from?

Bribery has and will occur in every society. Lobbying is so bad in the US because certain groups have basically unlimited money

If you want to understand what went wrong with America, start with private equity

Modern consumer brands have essentially nothing to do with selling consumer goods. They are financial vehicles for private equity to lever up on.

In a decreasing liquidity environment many of these schemes will blow up. They could have sold 100x more insta pots and it wouldn't have mattered, it's pure financial gambling under the hood

No, I think AMD is really worth 500x earnings. No bubble here

90% of Apple's stock price was created under Tim Cook. That's what happens when you shift your effort from producing value to financializing

E(BITDA) = MC^2

> There is essentially infinite demand for better AI,

New paradigm stuff. Infinite demand. It will be able to create a perpetual motion machine easily.

Pseudo profound bullshit. People buy stuff. It makes sense to construct spaces to conduct these activities. There's nothing interesting to be gained by the comparison to religion.

The best case relationship that really holds is that both are concepts that relate to sociology. That's it

As pointed out above, complete fallacy. You are cherry picking a handful of dates that support your argument and those dates are completely arbitrary.

Let's layout the fallacy here because it is trivially obvious:

You are cherry picking the exact top for bitcoin while not doing the same thing for QQQ.

You mention 5 years ago so lets use your arbitrary data point:

Bitcoin was floating between 7500 and 6500 this week 5 years ago. Let's use the upper end. Bitcoin is up well over 300% over this period.

QQQ is up 103.10% according to google over the last 5 years.

Nothing about adding the word "rolling" changes this.