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Joined 2 years ago
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Cake day: March 1st, 2024

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  • Before anyone starts to think there’s a good guy in this story:

    some have taken upon themselves to honor KitKat in distinctly Silicon Valley-style ways. Zeidan (part of cats family) has released a memecoin honoring KitKat’s legacy, and also said that he was disappointed to see others launch their own imitation tokens in an attempt to profit off KitKat’s death.

    He says he’s going to use the money to support local vets, but why don’t you just share some links to spca to donate directly, you’re providing nothing but a way for you to grift by taking the money through meme coins.








  • Bit of a chicken and egg problem, most people aren’t buying stocks because they have no money, not because they don’t understand them. They have no money because the stock holders of the companies choose to put there profits into dividends and stock buybacks rather than increasing wages.

    Class antagonism cannot be solved by just giving workers stock, because the worse off workers will just sell it due to economic pressure. Some may be able to hold it but they will have there interests ruptured with the stockless workers. So the capitalists will just raise the wages on those classes of workers with significant ownership , eg. The managers and professionals, and continue to ignore the rest, which is about where we’re at right now.

    In order to have mass ownership of stocks there would have to be a mass social safety net so the people aren’t forced to sell there stocks to make ends meet. At that point then stocks stop becoming a source of security for the workers since they already feel secure from that safety net. Then they just become a voting mechanism for production that is still heavily skewed towards the rich. That would be better handled by the government or unions which have an equitable voting system.






  • Trump said in a Truth Social post Tuesday. “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”

    Didn’t COMMUNIST China ban it mostly because it was putting strain on their grid? Not sure how wasting states worth of electricity to fuel a glorified ponzi scheme is going to help with energy dominance but who am I to question the self-proclaimed genius.