

I got no idea how stock markets work. I’m in it for the memes.
Just a corn on the internet.
Lemmy stores DMs in plain text. If that’s an issue for you, use the matrix contact @einkorn:tchncs.de for encrypted chats.
🇩🇪 DE/EN 🇬🇧


I got no idea how stock markets work. I’m in it for the memes.
If there is one thing companies and rich people are good at regardless of their sector it’s making them appear poor on paper. Same reason Jeff Bezos got a 4k tax break for his childrens education or basically every block buster movie looses money.
Using profits as a metric makes it impossible to fine companies that run at a loss as business strategy. Tesla, Amazon, OpenAI. Just a few examples that got to where they are now by operating on the promise that someday they will be profitable. Or in case of Amazon to push competition out of the market.
Not every company that breaks laws makes a profit. But every company has a revenue.


Is it time to HODL or Buy The Dip again?
When fines are set numbers and not percentages of
profitrevenue, fines just become part of the business model.
FTFY
IMHO it’s a sliding scale not a simple yes/no question.
Is a single cell conscious? It reacts to stimuli in a very basic manner, so there is a rudimentary awareness and I would put it towards the lower end of the consciousness scale. Can it perceive itself though aka does it have self-awareness? I doubt it. But where does (self-)consciousness or awareness start? That’s probably the same as asking “What’s life”? People have been debating the question for ages and there are edge cases that blur the lines such as viruses.


She spent hundreds of dollars on paper clips
Oh, I totally see where this is going!
Make it so!