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  1. BMK

    Sam Bankman-Fried’s Life Behind Bars

    There are guys in prison who have done this, but it's not easy. And some prison systems try to prohibit this sort of thing. The policies are not consistent, even within each prison system, so, for example, the warden at one state prison in Wyoming may have different ideas or priorities than the...
  2. BMK

    Sam Bankman-Fried’s Life Behind Bars

    Sam Bankman-Fried’s Life Behind Bars: Crypto Tips and Paying With Fish FTX founder learns that mackerel is a jailhouse currency and shares a dorm with other high-profile defendants https://tinyurl.com/sbfhpwm This is a gift article; a subscription to WSJ is not required.
  3. BMK

    A highly specialized KISS brokerage for special retail traders

    Your post indicates that you do not understand the difference between the type of account and the account title. An IRA and a 401(k) are retirement accounts in which a financial institution acts as a trustee or custodian, holding the funds for the beneficiary, i.e., the person who wants to set...
  4. BMK

    A highly specialized KISS brokerage for special retail traders

    This has been done. Some years ago there was a firm called Sharebuilder, and they had a very limited product range, almost identical to what you are suggesting. This was back in the days before zero-commission stock trading. Sharebuilder offered very low stock trading commissions. I think it...
  5. BMK

    A highly specialized KISS brokerage for special retail traders

    I don't see any reason it would not be allowed by the regulatory agencies. But the objection would be that if a new firm is going to jump through all the hoops required to establish a new broker-dealer, why would they choose to limit their offerings in this way?
  6. BMK

    Opening option orders today will not be accepted after 12:15 PM

    I had no trouble entering an order for a put option in DYN in our Schwab account. And that was a minute ago, at 12:30 PM eastern time in the USA. Which broker are you using and what country are you in? [Edit] The error message referes to "options expiring on this symbol today"? But you're...
  7. BMK

    Why Sam Altman got fired

    Some experts in the field of AI have suggested that laws or internal self-regulatory policies or codes should include a requirement that any AI program adequately disclose that it is not human. However, that is certainly not the current state of affairs. We frequent get robocalls from a highly...
  8. BMK

    Why Sam Altman got fired

    @piezoe wrote: This article is over five years old, but still very interesting and very relevant: "Some startups have worked out it’s cheaper and easier to get humans to behave like robots than it is to get machines to behave like humans."...
  9. BMK

    Why Sam Altman got fired

    At least a few years ago, they were still publishing photos of bare-breasted women in remote, undeveloped areas of the world... Warning: the audio in this YouTube may be NSFW... depending, of course, on where you work.
  10. BMK

    Why Sam Altman got fired

    Many believe that there is still value to reading hardcopy. Here is an article about a new publication that is only available in print. It is published every two months. The first two issues have been very successful...
  11. BMK

    Thread for people who don't entirely understand Bitcoin

    If pigs could fly, pork wings wouldn't taste very good.
  12. BMK

    Why Sam Altman got fired

    The irony is that the magazine itself is a very high quality product, and you usimply don't get the same experience online. Reading on paper, especially NatGeo, with its high quality photos on high quality paper, is a very different experience. We really do like the magazine LOL
  13. BMK

    Why Sam Altman got fired

    The original post was not written by AI. I am the writer. I am open to constructive criticism, but I don't think my post is filled with grammatical errors. There might be one or two typos. You are welcome to point out any specific errors. The text of the e-mail messages from NatGeo is quoted...
  14. BMK

    Why Sam Altman got fired

    Okay this post is not really about Sam Altman. But it is about the current state of generative AI and how it is being used. AI is already out of control, and some important thinkers have been talking about this for awhile. The organization where I work has a reading room, and we have several...
  15. BMK

    Thread for people who don't entirely understand Bitcoin

    I don't think that's going to happen in my lifetime. Or yours. Even if you are only 22 or whatever. But I'll indulge your question. They only own real estate and cash? How do they pay their property taxes? How do they collect their social security benefits? No bank account? No debit card...
  16. BMK

    Walmart, Costco and other companies rethink self-checkout

    I love sardines LOL I started a thread a couple years ago about the European tradition of high-end gourmet artisanal tinned fish. A lot of Americans, especially boomers and older, when they hear canned fish, the only thing they can think of is tuna, sardines, salmon and maybe anchovies. And a...
  17. BMK

    Walmart, Costco and other companies rethink self-checkout

    Actually, the laundry facility was run by a company called ClearToken. And their website does indeed have a form to request a refund of unused funds. But I'm pretty sure their business model is based on a certain percentage of users who completely forget about small unused balances. I have used...
  18. BMK

    Thread for people who don't entirely understand Bitcoin

    What is an "AI version" of Jameson Lopp? You mean he didn't actually write that stuff? Okay, well, anyway, someone, or something, wrote: "Even if the exchange rate crashes, the rest of the system eventually compensates for that. Miners adjust, block production gets compensated for, and the...
  19. BMK

    Tax of Dividend?

    Yes, in many cases, a broker is required to withhold tax from dividends paid by a US corporation to a nonresident alien or a foreign business entity. And in many cases, the amount that is withheld is 10%. The rules can get really complicated really fast. In some cases, you may be able to reduce...
  20. BMK

    Walmart, Costco and other companies rethink self-checkout

    I can't stand self-checkout, and I avoid it unless I only have a couple items and the regular lines are really busy. I live in southwest Michigan, and I often travel the Indiana Toll Road. A few years ago, one of the shops at one of the rest stops went cashier-less. It was grab-and-go food...
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