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Delano

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Everything posted by Delano

  1. No problem, I don't think it will happen again.
  2. A read an article that ranked the privileges that come with different levels of wealth. At the $100 million you can get on contact with anyone you want to reach. At a certain level what you are striving for is contacts and influence. Finance and Real Estate make billionaires. They also break them as well.
  3. I would date it back to Rush Limbaugh on Fox News. I feel the same way about writers, less so about people who write. A writer's voice as well as their ideas are informative. Technology has made many fields more open: music; writing; astrology, investing and others. This has also resulted in a lower signal to noise ratio.
  4. I think the US is doing its best to go back to its inglorious past.
  5. What is the commonality for billionaires other than having money?
  6. Does this represent progress? In addition to your answer can you provide your rationale
  7. What are you trying to say? You are conflating gambling, speculation and investing. And while I am not licensed and have some knowledge of finance.
  8. @richardmurraydisagreement does not equate to misunderstanding. The USA is set up to have various levels of failure. Poor whites are having their own drug crisis. The real issue is always class, not race not sex. So divide and conquer is effective. Not certain how a P2P group is not a community. Most disagreement are a result of differing definitions, beliefs or assumptions. You believe Black people need leaders. I believe it's more effective to teach a person to fish. So they won't get hungry. Every society has a stratus. And it is usually a pyramid. You want to go back to a past model that has obvious flaws. I prefer the future. You will be more successful since people don't like change. Well forward thinking people like it. Based on the definition of community. The Black population is not a community. But they are treated or mistreated as a monolithic block. Unless they are a celebrity.
  9. If they default it could start a panic.
  10. Crypto is unregulated which isn't an issue until there's a liquidity crunch
  11. It's been a while but I did study Finance.
  12. Based on the graph you need to have deep pockets, other investment and a long time frame to make money I. Crypto. If it's your sole or major component.i your portfolio you haven't adequately diversified your risk. However that is my non professional opinion as I am not licensed to give financial advice.
  13. Yes those are labourers to me as well. Although blue collar workers and managers are so being replaced by technology. The next round may be drivers, waiters, barisatas and burger flippers.
  14. The article article was about Coinbase going bankrupt. The article article was about Coinbase going bankrupt.
  15. I wouldn't consider information workers as labourers Richard perhaps the reverse is true. If people learn to be independent the movement doesn't stop when the leader no longer leads.
  16. If you have to ask then you are in a position of weakness. However even slaves have power, even if that is only death.
  17. I have been thinking that the US is like a sports farm. There are lots of people in the middle, a little bit less at the bottom and a few at the top. Some at the top trade places others arrive and depart. Historically you needed people at the bottom for labor, entertainment and sex work. I wonder how many people will be made redundant by technology. I think the sports person is fairly safe, but labor and sex workers may not fare so well.
  18. Do you see the article saying that investors were unsecured creditors?
  19. @richardmurray I guess that depends on who you ask.
  20. Does it have a future?
  21. @Troythe Tate Gallery used a Wikipedia bio.

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