Readit NewsAs it stands, I remain unconvinced that FTX was not a wash trading front for a money laundering operation run by an intelligence agency that is now throwing SBF under the bus as part of the larger plan to blow it all up so it's too messy for anyone to investigate. Just keep screaming fraud as loudly as possible so nobody dares question the premise.
There were a lot of red flags with FTX. It popped up out of nowhere. SBF was a relative unknown amongst his peergroup, eg MIT'14 Bitcoiners. I guess that's because he came from the econ side? I'm not MIT, but I am '14 and I was more involved than your average person with cryptocurrency back then. The first I ever heard of SBF was when he was put in front of congress in ~2019 and labeled the CEO of a massive crypto exchange I'd never heard of. Call me crazy but that set off alarm bells for me at the time, and I'm not sure it ever added up.
But by far the weirdest red flag about FTX was the dearth of Reddit posts from people asking how to get their money back when it finally crashed. There were hardly any subscribers to the FTX subreddit (~5k), and there was only a tiny trickle of posts from real users looking for refunds. Maybe this is attributable to FTX having more sophisticated "investors" (?) than other crypto scams, but the 5k subscribers made it a clear outlier. Compare the Reddit activity (both volume and sentiment) around any remotely similar crypto crash and the difference is stark. Where are all the victims?
There’s just no part of this theory that adds up to me.
Why/how did she come to that decision is my only question from this whole article. Perhaps I am too dumb to understand why people invest into shaky things(cryptocurrencies, MLM scams and what nots) or perhaps people just allow others to control their assets.
I moved to a new city a couple years ago and met up with some other devs as a way to make new friends. There were 4 or 5 of us going out for beers and the discussion inevitably turned to crypto. I’ve been a skeptic for many years and when asked about my crypto holdings, I politely said that I wasn’t invested or interested.
One guy in particular kept telling me that I was going to get left behind and that I really needed to buy in before it was too late. I told him that I didn’t trust the market and he went on about how corrupt the Fed is. He was really awkward, and at times, emotional about it.
Needless to say, friends were not made that night and I’m glad that the peer pressure aspect doesn’t bother me because a lot of people would cave in that situation.
There is some liability on the host some free things your put out there for example "free cdn hosted" JavaScript libraries. If your not at a significant scale that has a business model that lets you commit to continuing to host things you should perhaps not set up free hosting for things.
Not saying it applies in Replit case; they are I imagine a company trying to show revenue growth so they can continue to exist and does not sound like they are breaking production with these changes that are announced ahead of time. Users can migrate to another thing as the article is outlining.
So, free users are sad because it’s not the free they want it to be, except the free they want is essentially free everything forever. That doesn’t really work.
Registering a whole unique domain and taking the time to make this really rubs me the wrong way. If you dislike it, move on, maybe tell your friends.
I’ll also say that if something means so much to you that you paid for a domain but didn’t pay for the thing you paid for the domain to complain about, why didn’t you pay for the thing you complain about?
If something means something to you, adds value to your life, or saves you time, maybe it’s worth considering paying for it if the value provided is worth the cost. Demanding free stuff is entitled and silly and needs to stop.
Like, it’s understandable that you get a little burned the first time it happens, but then you’ve learned that this is how it all works. “Free” in a SAAS context has always and will always mean “no need to pay us until we decide otherwise, end of negotiation.”
Every time I look at a free account for some product now, I ask myself if I’m willing to pay for it at some point. If the answer is “no”, then sometimes I just don’t even do it.
People can’t even be bothered to think critically about the product situations they put themselves, and I’m sure these people are intelligent in many other aspects of their lives, but this is such a simple concept that I don’t understand how people, especially tech professionals, struggle with.
If traditional adult content isn’t stimulating enough that you need to seek fake video of $CELEBRITY, then that’s a pretty solid indicator that there’s a problem
Then, millions of people will finally get back focusing on useful uses of their time.