Action Bastard@lemmy.world

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Joined 3 years ago
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Cake day: June 12th, 2023

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  • Won’t happen due to index funds. If they get approval to be publically listed, a bunch of index funds, as a condition of the financial security package they’re selling, will be forced to buy stock to keep their index aligned with the overall market positioning.

    It’s basically the Space X scam all over again with the large brokerages in on it knowing that it’s primarily consumer investors who dropped money into these index funds. The intention is to keep adding a bunch of shitty companies to the market so that the actual big name traders can use it to siphon off the huge glut of wealth in those index funds into their wallet by selling shares at massively overpriced values that they know won’t hold up.


  • Nah, Gen Z’s thing is mostly fashion sense because they’re essentially cultural archeologists in a lot of respects. Gen Z does make new stuff, but a lot of what they do is also remixing old stuff and dusting it off and trying it out again too. And some of that shows in their fashion sense where they’re often mixing stuff that makes them look like my Dad with stuff that makes them look like my Grandpa.

    It’s sort of like how names like Gertrude and Agatha and stuff are starting to make a come back. A lot of the younger crowds never met those old people and got the associated “that’s an old person name” cultural alignment. To them, it’s just a nice sounding string of syllables.








  • Unless you’re worried that Steam Machine actually going to be a viable competitor to Xbox and Sony now that they’ve both also raised prices and dropped physical distribution. They lost two more big draws to their ecosystems and neither Sony or Microsoft have nearly as good a reputation for managing online stores.

    Helps to push the angle that steam machines are “unreliable”. We’ll see if more of them turn up or not though. Difference between random hardware failure that happens everywhere and systemic production issue ala the 360 Ring of Death.


  • Action Bastard@lemmy.world@lemmy.worldtoGames@lemmy.world•End of an era?
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    4 months ago

    It’s the ultimate push to turn everything into the perfect Capitalist (not market-oriented) business solution: Getting paid for nothing

    If your goal is to accumulate capital, and there are not outside forces regulating your worst impulses, you ultimately will create a class of legal-protected thieves, since the absolutely best and most risk free way to accumulate capital is to be given it in exchange for quite literally nothing.

    Gambling is about as close to the platonic ideal as you can, but conquest by military force of political capture is also a very, viable route. Use the law to force people to buy your nothing and be protected for it, rather than being lynched when you steal someone’s products.