toastmeister

joined 1 week ago
[–] toastmeister@lemmy.ca 4 points 5 days ago* (last edited 5 days ago) (1 children)

People can believe Tesla is worth a huge premium but are skeptical of the price of bitcoin, as if the financial system isn't all make believe.

[–] toastmeister@lemmy.ca 10 points 5 days ago

Great news.

[–] toastmeister@lemmy.ca 11 points 5 days ago (4 children)

His wealth isn't real, its Tesla stock. Hence why he bought twitter.

[–] toastmeister@lemmy.ca 1 points 6 days ago* (last edited 6 days ago)

Gitlab Id say. It even works as a OAuth server. The docker container is very easy to setup.

[–] toastmeister@lemmy.ca 2 points 6 days ago* (last edited 6 days ago)

I think its because deflation is when the money supply is contracting and less debt is being created, so asset values begin to be valued at their actual value instead of their inflated nominal value, and people are no longer encouraged to attain the cantillon effect that drives up asset values.

Which an inflated nominal value then causes more consumption via the wealth effect, and the misallocation of capital known as the business cycle, that requires bailouts via money printing in order to debase people on fixed income which provides riskier debt issuance and more innovation.

[–] toastmeister@lemmy.ca 2 points 6 days ago

On X86 only I think.

[–] toastmeister@lemmy.ca 6 points 6 days ago

Now we can export our chip production to China as well, just as we did all the other high paid union jobs.

[–] toastmeister@lemmy.ca 36 points 6 days ago

Like what, some kind of parenting?

[–] toastmeister@lemmy.ca 7 points 6 days ago (7 children)

Which itself is a gimmick, they've just made the gates taller, electron leakage would happen otherwise.

[–] toastmeister@lemmy.ca 1 points 6 days ago

Oh thats pretty neat. I know Cosmos Cloud had some interesting functionality similar to that, with Oauth support for everything. Though I've not tried it.

[–] toastmeister@lemmy.ca 14 points 1 week ago* (last edited 1 week ago)

Flat fees for breaking the law are only a tax on the poor. If money can buy you privilege then you live in an oligarchy.

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