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Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Seems odd that the PGA would be butthurt that players are playing in another series.
You'd almost think that handcuff contracts mean the whole thing is just a grifting scam.

Does anyone even watch golf? Why?
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SuperJail Warden
Gone Forever
+605|3205
If we had invested in green energy after 9/11, energy prices wouldn't be so bad now due to competition?
https://i.imgur.com/xsoGn9X.jpg
unnamednewbie13
Moderator
+2,012|6257|USA

pillow tantrum, the saga continues:

Mike Lindell says Walmart, MyPillow's biggest distributor, is 'canceling' him and pulling his pillows from its stores: 'Shame on you, Walmart!'
https://www.businessinsider.com/mike-li … cts-2022-6

exerpt wrote:

Mike Lindell, the CEO of MyPillow, has accused Walmart of "canceling" him by pulling his company's pillows from the retailer's shelves.

In a call with Insider on Thursday night, Lindell described a Zoom meeting in which he said a Walmart representative told him the company would start selling MyPillow products only online and not in stores.

"They dropped MyPillow, and it really hurt my employees because they were our biggest distributor," Lindell said. "They were by far and away number one."

Lindell then called Walmart "absolutely disgusting" while describing his pillows as "one of the top-selling products in the history of Walmart."

During his conversation with Insider, Lindell said he heard MyPillow products would not be sold in Walmart stores about two weeks ago after returning from flying "all over the country" to deal with "the election stuff."

Lindell said he got on a Zoom call with a Walmart representative in which he proposed lowering the price of his pillows. He said the representative didn't get back to him for a week, after which his company was told Walmart was going to "drop MyPillow."

"I tell them what I'm offering them, and I'm saying: 'Why are you doing this? Why are you kicking us out and canceling us?'" Lindell said. "When we were your biggest product, the biggest of all time!"

Lindell said the Walmart representative also told him his pillows didn't meet the retailer's customer-satisfaction criteria.

Walmart's website shows "ratings" for each product it sells. As of press time, the MyPillow Classic Bed Pillow had 3.3 stars, based on 2,084 reviews.

"I said, 'Shame on you, Walmart. You have over 10,000 vendors from China. I make all my pillows in Minnesota," Lindell said. "I was so upset. I shut the computer."

Lindell told Insider that Walmart would "never get to sell MyPillows again." "What they did is inexcusable! It's cancel culture, and you don't get to come back," he added.

A Walmart representative confirmed to Insider that MyPillow products would no longer be carried in stores but would continue to be available online.

Other retailers have similarly distanced themselves from Lindell. In April 2021, Costco pulled MyPillow's products, as did Bed Bath & Beyond, QVC, JCPenney, and Wayfair.
Adjacent blog post I noticed recently announced a boycott of Kohl's for selling BLM shirts. Cancel culture!
Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
So how about those bitcoins? Amazingly people can't get their money out even after its crashed 80%.

And to think, I was about to cash in my Jaded Monkey NFTs and buy bitcoins.
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Cybargs
Moderated
+2,279|6202

Dilbert_X wrote:

So how about those bitcoins? Amazingly people can't get their money out even after its crashed 80%.
depends where its at, but yeh its pree fooked.
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
uziq
Member
+489|2938

Dilbert_X wrote:

So how about those bitcoins? Amazingly people can't get their money out even after its crashed 80%.

And to think, I was about to cash in my Jaded Monkey NFTs and buy bitcoins.
someone who bought bitcoin a few years ago is still doing remarkably well. a return on investment way beyond anything one could achieve from regular stocks.

but yes, it’s either a shake out or a perilous terminal decline.
SuperJail Warden
Gone Forever
+605|3205
I have one Facebook/high school friend who went down the Bitcoin rabbit hole. He lives in Vegas and has or at least had a skinny/pretty girlfriend. All of his Facebook post are about Bitcoin. I don't get it. You live in Vegas and date a hot girl but Bitcoin is the thing you want to put out to the world.
https://i.imgur.com/xsoGn9X.jpg
Cybargs
Moderated
+2,279|6202

SuperJail Warden wrote:

I have one Facebook/high school friend who went down the Bitcoin rabbit hole. He lives in Vegas and has or at least had a skinny/pretty girlfriend. All of his Facebook post are about Bitcoin. I don't get it. You live in Vegas and date a hot girl but Bitcoin is the thing you want to put out to the world.
cos thats how he funds his lifestyle
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
SuperJail Warden
Gone Forever
+605|3205
He is a vegan chef
https://i.imgur.com/xsoGn9X.jpg
uziq
Member
+489|2938
crypto at its worst resembles a MLM/ponzi scheme. your investment isn’t worth anything unless you can find some fool to buy it off you for more then you put in.

the problem is all the big investment funds/‘whales’ are now capable of crashing any coin or currency. if they get nervous, they tend to follow the same group think and all pull out at once, and it’s a rout. ironically, without the mainstream financial institutions being onboard, crypto looks very shaky.

promoting the latest coins or NFTs to your high-school friends on facebook isn’t going to do shit if the major funds decide they want out. all that’s left is ‘lonely housewife’ style MLM fronting.

Last edited by uziq (2022-06-19 01:34:23)

Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Really you have to be insane to think something conjured out of thin air and not backed by anyone or anything is worth putting your money into - unless its a small sum for a very short time, ie minutes or hours, for some transaction or other. Even so its still a bad idea.

someone who bought bitcoin a few years ago is still doing remarkably well. a return on investment way beyond anything one could achieve from regular stocks.
If they can get their money out, which they can't.

I do know two people who claim to have made small fortunes getting in and out at the right time and admit it was largely dumb luck.
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uziq
Member
+489|2938
lots of types of 'value' are conjured out of thin air though and are only appraised at high values because of group consent. NFTs being the latest fad amongst a certain section of career gallerist/artworld worker should give you a pretty strong hint. objets d'art are a demonstrable category of material good which accrue phantasmal amounts of value 'from thin air', or, more precisely, about $60 bucks worth of canvas and paints (the changing economies of scale of bitcoin mining are an interesting comparison).

bitcoin isn't such a simple comparison, agreed, but crypto nerds will keep repeating the mantra until they're blue in the face that the underlying blockchain technology is revolutionary and is here to stay, etc, etc.

If they can get their money out, which they can't.
for these above people, immediate liquidity or cashing out isn't the point, anyway. they're ideological 'lifers' on the crypto/blockchain wagon. and, as i said, if you put in a modest amount (which you could afford to lose) even a couple years ago, to say nothing of being an early adaptor, then bitcoin is still one of the best 'money grows on trees' investments around. there are people driving lambos now because they took a nerdy interest in home mining in the 2010s, or because they bought 20 BTC in the early days for use on the novel shopping sites of the darkweb, etc.

ironically, again as above, the price of bitcoin only really started doing serious numbers when it was exactly 'backed up by someone', i.e. major investment funds and financial institutions that took an interest. which is the usual left hook/right hook set-up for small amateur traders using their first stocks app on their iphone to come aboard and get assfucked.

Last edited by uziq (2022-06-20 22:10:47)

Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Lots of revolutionary technologies turned out to be stupid.

Just the megawatt-hours required to keep it doing nothing ought to be a clue.
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uziq
Member
+489|2938
yeah, no questions there. the energy consumption/efficiencies of blockchain are a no-brainer criticism.

still, most people invest in 401ks or pension schemes which heavily feature fossil-fuels-based portfolios.

someone with their head to the ground 10 years ago could have made astonishingly good decisions, either mining or buying BTC.
Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Burning up oil for a useful purpose and burning up the electricity of a medium sized nation to keep your imaginary balance up to date aren't really comparable.
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uziq
Member
+489|2938
bitcoin mining is a high-emission 'extraction' activity, just like ... you know ... those huge fossil-fuels projects that australia is embarking upon.

nothing about the balance is imaginary. people in developing countries have been using bitcoin as a currency. it's does provide a decentralized banking platform. of course, such decentralisation is also blighted with issues of criminality and market fluctuations. but that's by the by.
Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Most nations can print money and keep track of it without burning up gigawatt hours of energy.

'those huge fossil-fuels projects that australia is embarking upon' are what keep your lights on, power your heating, cook your food etc.
Feel free to do without.
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uziq
Member
+489|2938
err, the standard financial system does burn up gigawatt hours of energy, lol. are all your bank branches, ATMs, cash delivery trucks, bank HQs etc. powered by good vibes and orgone, or something?
Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
And they provide a service, employ people etc. A PS4 farm converting coal into CO2 doesn't so much.
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uziq
Member
+489|2938
i mean you have to be particularly dense to deny that bitcoin isn’t serving that exact same service in limited ways. that’s the whole point. it’s meant to be a parallel banking system. some countries in the developing world have found it very beneficial. as well as people in places like china who want to funnel their wealth out of a repressive system, etc.

blockchain is massively energy inefficient.  it’s enough to say that. you don’t need to claim it’s all useless fantasy stuff. it’s not. there are bitcoin ATMs in my home city lol. you can bank with and spend crypto in many use cases.

https://pbs.twimg.com/media/FVurVrVX0AE4c_Z?format=jpg&name=900x900

genius. marxists write books for a century on how capitalism requires unemployment to exist, creating an underclass by design … and then one day an arch capitalist comes along and just spells it out.

Last edited by uziq (2022-06-22 11:41:25)

SuperJail Warden
Gone Forever
+605|3205
"Inflation vs. Recession: Eight Readers Choose"
https://www.theatlantic.com/newsletters … se/661341/


Having lived through multiple recessions I really don't like this discussion of having to choose between a recession and inflation. Doubly since I am not convinced the inflation is real.
https://i.imgur.com/xsoGn9X.jpg
unnamednewbie13
Moderator
+2,012|6257|USA

Meanwhile companies churn record profits in price gouging while tearfully telling their expendable employees that they will need to downsize. Others, well, tighten your belts!
KEN-JENNINGS
I am all that is MOD!
+2,957|6118|949

Interesting that there's no mention of wages in that inflation conversation. Full employment doesn't really matter if people aren't getting paid enough.
uziq
Member
+489|2938

KEN-JENNINGS wrote:

Interesting that there's no mention of wages in that inflation conversation. Full employment doesn't really matter if people aren't getting paid enough.
that’s the situation in the UK now. one of the major transport unions are striking over it.
Dilbert_X
The X stands for
+1,790|5591|eXtreme to the maX
Made 30% in three months from shares in my employer. If it could just go up another 30% that'd be great.
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