• 2 Posts
  • 92 Comments
Joined 1 year ago
cake
Cake day: July 7th, 2023

help-circle


  • Ohioan here.

    This came at the consequence of a nebulous “anti foreign funding” bill for ballot issues. Sounds harmless but 1) we already have laws against this and 2) republicans’ story around the abortion amendment that passed last year is that it was funded mostly by out of state entities, so we know that’s a card they want to play with more force.

    Mike Dewine is a republican but is truly prolly the most moderate guy I’ve seen on that side of the aisle. He did a really good job of handling covid here, and other than the usual republican stances on weed or abortion, he’s generally likable.

    That said, our republican legislature is not likable. They fought tooth and nail to keep from even having to make this decision, and when they finally did, they had to do it on their own terms.








  • I think crypto is dumb as hell but by this logic, how are any speculative assets not Ponzi schemes then? I’d argue that by definition, it’s not a ponzi. How could it be? What entity is controlling and organizing the flow of money in such a way that investors are repaid FIFO? Not only that but there’s zero guarantee based on position in line that you’ll make any amount of money relative to that position — a guarantee you’d likely have in most Ponzi schemes.

    Idk. There are a lot of reasons to hate blockchains and bitcoin but trying to label it as something is fundamentally is not seems counterproductive and disingenuous.