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While you're right to worry about a bank run on stablecoins, what you really have to ask yourself is if any alternative wouldn't suffer the same fate when the meltdown happens. Even if you nominally had your money in USD, is the entity your money is with actually going to be in a position to...

Been to Haiti lately, or ever? Because clearly you don't even begin to grasp what life is like there and hence how moronic your post is. First off, people are dying in droves there every day and there's no government to even count them let alone try to treat them. So 5% of the population could...

Starting to get nervous yet?

Interestingly I'm a retired senior officer in the military and now CEO of a corporation. So yeah, I've got an opinion but it is based on first-hand experience, which normal people generally consider being "informed" and an "understanding of how leadership actually works in these organizations"...

Sometimes we post when we've had a little to drink or we're just off our game and later realize that what we said was so breathtakingly ignorant that we'd like to take it back. I'll give you the benefit of the doubt and assume that's what happened here. Because surely, if you stopped and...

For sure. I think the underlying question is if the increased skill you get scales enough with the increased pay to make it worth the extra pay. I remember making your argument as a much younger man with people like Jack Welch as my example. I've since changed my tune, with people like Jack...

The problem with this line of thinking is it presumes there are only five or six people in the world capable of running a bank successfully and we must pander to them as demigods. If current CEOs are truly "giving up" billions in potential profits then they can feel free to leave their much less...

Population of the U.S. - 329,500,000 Population of France - 67,390,000 Nuclear reactors in the U.S - 94 Nuclear reactors in France - 56 Reactors per capita = number of reactors / population Reactors per capita for the U.S. - 2.85*10-7 Reactors per capita for France - 8.3*10-7 So, France has...

That's the other infuriating thing, they initially called me with what clearly met all the standards of a phishing attempt...but it was legit. I told them I felt like this was a phishing attempt and hung up, but then called back at their published number and it turns out it wasn't. Ironic since...

Again, you're better than this. The point of a discussion forum is to discuss. You throw out an assertion, people ask you about it. If pointing out that removing demand doesn't typically lead to higher prices on a discussion forum about economic subjects is "stalking" in your book, then this...

So I'm not sure why you've decided to turn hostile here?

My luck (and maybe a tiny bit of skill) has been pretty good over the past 25 years, not sure why you would think otherwise? For me it's simply much more fun to trade when there's nothing more riding on it than the personal intellectual challenge of finding and exploiting edges and buying some...

Not knocking the folks that do trade for a living, but that's crazy for me. I trade for fun.

And good luck with your article reading.

This is what I do for a living, I run a business in this industry. I spend most of the day almost every day either reading about or doing this! Like I mentioned, this doesn't feel like a viewpoint that you arrived at from research and thinking about the underlying issues. It feels like...

The AML/KYC thing is all kabuki theater. They put a bunch of mindless drones to work reading off scripts following "best practice" but processing no actual understanding of what money laundering is or any training on how to actually detect it, let alone authority to do anything about it. They...

Sorry, that's still not making sense on a bunch of levels. Mainly, if the government gives subsidies to EVs then it decreases demand for oil. Oil prices are based on supply and demand, decreasing demand decreases prices. So how, specifically, does taking an action that decreases demand for oil...

I'm curious how, in very specific examples, green energy policy has caused fossil fuel oric s to go up? Renewable energy displaces fossil fuel, so if anything it reduces demand/increases supply which would result in a price decrease. And "public fears of fossil energy", I'm not even sure I...

To be honest it's a missed opportunity for me as well. I studied the idea of setting up a transaction platform in the Mt. Gox days pretty seriously, my existing business already did something similar. I determined that I couldn't build a platform that was secure enough for me to feel confident...

You're probably right about that. I was, I guess, talking about the more intelligent people doing the investing like @Laissez Faire rather than the fanbois.