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I did buy a token amount of GME myself. I fully expect to either successfully sell it soon, or lose every cent. Which I'm fine with.

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PSA: the short-squeeze we're seeing with GME is a totally different situation than BTC.

Hodling makes sense when there is a long term value proposition. If you're buying GME at current prices, either plan to sell very soon, or do it for the lulz.

theprint.in/opinion/indians-mu

"Indians must have no confusion about how we reached impressive Covid herd immunity"

tl;dr: covid just isn't that deadly, and has spread very widely in India. Other diseases like TB kill many more people, and the population correctly recognized the low risk. Based on antibody testing, there's probably 50+ undetected infections in India for every known case.

Case numbers have been dropping since Sept for the simple reason that herd immunity is real.

blog.aopa.org/aopa/2014/02/11/

Excellent article on how planes are _actually_ maintained.

tl;dr: the stuff you thought you knew about lifetime limits and preventative maintenance is probably wrong. Most parts don't actually wear out, and replacement parts aren't better. So planes are generally run until failure, and that's actually better in most circumstances than trying to do preventative maintenance.

Re: Discord banning wallstreetbets:

We just might be living in a world where multi-billion dollar hedge funds are hiring people to type "n̷͕̘͝i̵͖͋̆g̴̨̼̀g̴͎̜̀ê̷̡͉̅r̶̜̣͗" in chat channels in a desperate attempt to avoid bankruptcy.

"We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore."

reddit.com/r/wallstreetbets/co

Peter Todd boosted

"Outsider trading" is the best new phrase of 2021, and we're just getting started.

Peter Todd boosted

lbry.tv/@rossmanngroup:a/why-m

Great explanation of what's really going on re: GameStop.

tl;dr: a bunch of short sellers screwed up by selling more than 100% of the stock that actually exists. They're on the hook for that, and they have to buy it back.

Under this circumstance, buying GameStop stock *is* economically rational. Risky however, because the rules can change...

...and that's why there is a massive media campaign against Wall Street Bets right now. To get the rules changed.

Peter Todd boosted

They are like some hardcore Bitcoiners I know. Willing to lose it all and go down with the ship.

You can't fight shit like this but you can enjoy the popcorn.

...and they're stepping in to stop people buying GameStop.

Looks like I got in just in time. 😂

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Lol, looks like the GameStop hype is overloading retail investing: I went to buy a token amount in my RRSP account because lulz, and my bank accepted my order and then crashed claiming tech problems.

Peter Todd boosted

Electrum can now download the Bitcoin whitepaper from the Bitcoin blockchain.

Peter Todd boosted

@pete @max_1337
new WHO update incoming
"crosses don't work"
"garlic doesn't work"
"wooden stakes don't work"

boston.cbslocal.com/2021/01/26

"Boston Allowing Gyms, Movie Theaters, Museums, Other Businesses To Reopen February 1"

Announced less than a week after inauguration. Biden's executive order telling COVID to stop worked!

Peter Todd boosted

RT @Jogenfors
$ sudo make me a sandwich

> You are not in the sudoers file. This incident will be reported

$ sudoedit -s '\' `perl -e 'print "A" x 65536'` make me a sandwich

> (core dumped)
> Okay

blog.qualys.com/vulnerabilitie

#sudo #baronsamedit #linux #security

Yes, this is real.

They're finally admitting to the facts on masks, and why they just don't work well enough to matter.

rationalground.com/after-nine-

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One layer: 50%
Two layers: 75%
Three layers: 90%
Plastic bag: 100%

Don't kill grandma. Make the right choice.

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