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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

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758
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3 yr. ago

Pro-stealing art without attribution

  • Market mindset issue. The Government can set the price at $420/kW if it wants to by nationalizing the entire industry. Then you get Chinese imports and your own local production.

    Any socialist (or even a social democratic) country would love to have another country accept their own currency for real goods because it's basically a resource transfer.

    But yeah under "free" market, China wins and your country can suffer deindustrialization.

  • They will vibe code some css. Hopefully it's just the aesthetic part of the front end.

  • GTA IV internet is just

  • They are not wrong, see. That said, for all the lip service by the west around human rights violations by Sri Lanka, they basically did nothing and continued commercial trade with them.

  • I agree, I want all the billionaire stock/bank accounts frozen instead. Then throw them in jail.

  • Reiwa

  • Converting between USD and BTC directly will get you into issues with AML/KYC, it also has fees (2-5% for cards, bank transfers are cheaper but take time). So, USDT works in between since there are no controls in transfers as long as you own the wallet. Direct USD BTC trade is also much more visible in the banking system, so cops can ask your bank for statements and see you are sending back and forth money to an exchange or random strangers (in case of P2P exchanges). USDT can be tracked too since there is always a ramp between fiat and crypto but it's more difficult, more so if you use physical cash for P2P trading.

    Internationally, why would I hold a cryptocurrency pegged to USD when I can just hold local currency (especially as the USD slides)?

    If you are in a third world country, your currency weakens as U.S. economy collapses due to dependencies on capital/trade flows.

    Countries which have currencies with tight capital controls cannot have a stablecoin, at least one that is directly pegged to the respective currency.

    Tether works because Tether Inc. is the issuer, all the Tethers you buy in the secondary market like Binance only has secondary liquidity and isn't convertible to Dollars (ie you can't take it to Tether Inc for Dollars in your actual bank account), they have various checks and requirements for being a participant, only then you can convert.

    Meanwhile, if a Tether Inc like entity tried to setup a similar entity in say, India pegged to Indian Rupee (INRT) they'll fail, since the Indian Government can just freeze their bank accounts for violating capital controls and money laundering regulations. This will cause the INRT prices in secondary markets to crash.

    Ofc, no country with capital controls would want just anyone to be able to hold their currency equivalents without checking the owner of the wallet.

  • I think USDT trading volume may go down as bitcoin crashes but there will always be demand for it, its where all cryptobros run to whenever trying to cut risk.

  • Gotta love how correlated Bitcoin and NASDAQ-100 are. "inflation hedge".

  • Chapter 1: Giving people money to help them pay down their debt during COVID is bad.

    Chapter 2: Being anti-deregulation of the financial sector means you are a luddite.

  • I know it's AI but "what is this diddy blud doing" is

  • I think they do care about American resources going to a foreign state, even if they don't care Palestinians that much.

  • I think stimulus is definitely worth it, given that the alternative is a likely recession (afaik their economy already shrunk last quarter everywhere except for the Govt consumption countering it) which is also not good for the Yen exchange rate. Capitalist hoarding of wealth is the biggest issue, really draining investment rate, Govt should take over at least a bit.

  • Matthew Yglesias be like:

  • For once the internet is down while I am awake.

  • Chapotraphouse @hexbear.net

    The Search for the ‘Bandung Spirit’

    thewire.in /article/world/the-search-for-the-bandung-spirit
  • Firefox @lemmy.ml

    Is this much battery usage normal for Firefox Android?

  • Chapotraphouse @hexbear.net

    Ratings Agencies Downgrade the Dollar’s Exorbitant Privilege

    www.levyinstitute.org /publications/ratings-agencies-downgrade-the-dollars-exorbitant-privilege/
  • Chapotraphouse @hexbear.net

    The Havoc Caused by Say’s Law

    peoplesdemocracy.in /2025/0525_pd/havoc-caused-say%E2%80%99s-law
  • Chapotraphouse @hexbear.net

    Microsoft Bans the Word “Palestine” in Internal Emails

    www.dropsitenews.com /p/microsoft-word-palestine-banned-internal-email-gaza
  • Chapotraphouse @hexbear.net

    Commentary on Moody’s downgrade gives the game away – finally

    billmitchell.org /blog/
  • Chapotraphouse @hexbear.net

    What Explains India’s Response to Trump?

    rupeindia.wordpress.com /2025/05/04/what-explains-indias-response-to-trump/
  • Chapotraphouse @hexbear.net

    GOP's "big beautiful bill" would tax payments that many immigrants send back home

    www.marketplace.org /story/2025/05/14/gops-big-beautiful-bill-would-tax-payments-that-many-immigrants-send-back-home
  • Chapotraphouse @hexbear.net

    India: The Most Indebted People in the World

    marcellus.in /blogs/the-most-indebted-people-in-the-world
  • Chapotraphouse @hexbear.net

    India: Tariff Negotiations and the Farmers

    peoplesdemocracy.in /2025/0504_pd/tariff-negotiations-and-farmers
  • Chapotraphouse @hexbear.net

    2000s goated

  • Chapotraphouse @hexbear.net

    Trump says he’s considering ways to serve a third term as president

    apnews.com /article/trump-third-term-constitution-22nd-amendment-efba31be02ee96b0ef68b17fe89b7578
  • traingang @hexbear.net

    America needs Stalin

  • news @hexbear.net

    In Ukraine, US call to lower conscription age to 18 met with horror

    www.aljazeera.com /news/2024/12/3/ukraine-conscription-age-row
  • Chapotraphouse @hexbear.net

    Flag of Zheleznogorsk, Russia. A bear splitting an atom.

  • Soviet @hexbear.net

    View from balcony of the Hotel National, Moscow, USSR, 1989

  • Soviet @hexbear.net

    Collective farm chairman, Turkmen SSR

  • Chapotraphouse @hexbear.net

    He was so cool

  • Chapotraphouse @hexbear.net

    The Atlantic, Worst Magazine In America

    www.currentaffairs.org /news/the-worst-magazine-in-america
  • Chapotraphouse @hexbear.net

    Lula, send in the tanks