Rivalarrival

joined 1 year ago
[–] Rivalarrival@lemmy.today 2 points 6 months ago (6 children)

Money is real in exactly the same way that zero-dividend shares are real, or that cryptocurrency is real.

The difference is that the government can freely adjust the value of money, and anyone can create shares. Cryptocurrency can only be generated per the conditions of an algorithm.

[–] Rivalarrival@lemmy.today 1 points 6 months ago* (last edited 6 months ago) (1 children)

But ok, gamble away your money for worthless crap if you believe it's the same as owning non-distributing value stock (lol).

I can point to any number of companies whose stock has proven to be worthless crap. It is the same type of gamble for both. Neither have any value arising from business operation. The value of a cryptocoin and the value of a zero-dividend share arise solely and entirely from investor faith.

[–] Rivalarrival@lemmy.today 0 points 6 months ago* (last edited 6 months ago) (2 children)

Except, you know, the stock being tied to ownership in a company that sells real goods or services.

That's the scam: without dividends, or at least the reasonable prospect of dividends, it is not tied to the company in any tangible way. Shareholders benefit only from speculation by other investors, and not from actual business operations.

[–] Rivalarrival@lemmy.today -1 points 6 months ago* (last edited 6 months ago) (3 children)

a profitable company you're buying a share of and for a cheap price.

A company in which the owner receives nothing from the business operation is not a "profitable" company. Where the shareholders do not receive dividends, and have zero expectation of ever receiving dividends, the business operations of the company are divorced from the value of the share. From the perspective of the shareholder, there are no profits to consider.

The actual "fundamentals" of such a share is nothing more than the faith that someone else will want to buy that share for more in the future, and the only reason that second person has to buy it in the future is the belief that a third person will buy it later.

That is exactly the same "fundamentals" as crypto; the same "fundamentals" as a ponzi scheme.

[–] Rivalarrival@lemmy.today 7 points 6 months ago (1 children)

You're keeping the people willing to make sacrifices to keep their jobs. You're keeping the most desperate, most readily exploitable people, and getting rid of anyone who won't tolerate your abuse.

[–] Rivalarrival@lemmy.today 51 points 6 months ago (3 children)

It's a layoff, but without having to call it a layoff.

[–] Rivalarrival@lemmy.today 6 points 6 months ago

Can't tell if you're drinking the Kool aid... Or serving.

[–] Rivalarrival@lemmy.today 42 points 6 months ago (3 children)

I can think of a couple ways this post makes sense. For example, if Denuvo paid this commenter to make this post.

[–] Rivalarrival@lemmy.today 2 points 6 months ago

VPN server and any NAS or other network file share.

[–] Rivalarrival@lemmy.today 1 points 6 months ago (2 children)

A proxy operates on the application level; a VPN on the OS level. Both the VPN and the proxy are susceptible to OS-level threats. The proxy is also susceptible to application-level threats that the VPN is not. A misconfigured or exploited torrent client, for example, could ignore the proxy and expose your public IP. With a properly functioning VPN, that faulty application can only expose the public-facing end of the VPN tunnel.

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