Play Nice Random Chat Thread: Episode III

[ferball]

Wage theft has become so lucrative even Woolworths have decided that it is a viable business strategy to increase profit margins. Some campaigners deserve time in the big house for theft.

Well that's a bit ****ed.

 

[Groin guru]

China is moving towards creating a national digital currency — but can it pull it off?

China has passed new cryptography laws set to come into effect next year — despite cryptocurrency currently being banned in the country — with the aim of digitising its currency.

www.abc.net.au

Groin guru

No shock. Almost 2 years ago they caused a big drop in the market before the December explosion. It was also why Bitcoin went up 30% on Saturday.

People assumed it'd be bitcoin - safe assumption as 80% of the mining pools are in China.

It's no different to facebook. They banned crypto ads to "protect users from scams" - when in reality they were just slowing the market until they could release Libra. China is no different here.

The rich stay rich for a reason. It's also why Binance (the biggest exchange closed new signups during the Dec 2017 bull run. Coinbase also did something similar). They said it was because they couldn't handle the influx of people. The cynic in me believes they did it to gain a stranglehold on the market. It worked because a lot of exchanges died afterwards (a lot of ICO's did before they even got off the ground). They didn't really face competition until the SEC decided to stop US citizens from using the exchange...unsurprisingly at the exact time, Libra news was coming. You can't tell me Uber, eBay, visa, Mastercard, facebook etc. didn't put pressure on people to get Binance kicked out of the country. And by pressure I mean bags of money.

That's the problem. Old money wants to keep their money and businesses thriving. Bitcoin and crypto have only really had people like the Winklevoss twins and Jack Dorsey consistently speak positively about Bitcoin. Decentralisation scares people.

 

[Del191229]

No shock. Almost 2 years ago they caused a big drop in the market before the December explosion. It was also why Bitcoin went up 30% on Saturday.

People assumed it'd be bitcoin - safe assumption as 80% of the mining pools are in China.

It's no different to facebook. They banned crypto ads to "protect users from scams" - when in reality they were just slowing the market until they could release Libra. China is no different here.

The rich stay rich for a reason. It's also why Binance (the biggest exchange closed new signups during the Dec 2017 bull run. Coinbase also did something similar). They said it was because they couldn't handle the influx of people. The cynic in me believes they did it to gain a stranglehold on the market. It worked because a lot of exchanges died afterwards (a lot of ICO's did before they even got off the ground). They didn't really face competition until the SEC decided to stop US citizens from using the exchange...unsurprisingly at the exact time, Libra news was coming. You can't tell me Uber, eBay, visa, Mastercard, facebook etc. didn't put pressure on people to get Binance kicked out of the country. And by pressure I mean bags of money.

That's the problem. Old money wants to keep their money and businesses thriving. Bitcoin and crypto have only really had people like the Winklevoss twins and Jack Dorsey consistently speak positively about Bitcoin. Decentralisation scares people.

It scares the living shit out of the Chinese Communist Party.

I suspect they also think, probably not without reason, the cryptos could be used against them by the US at some level.

 

[Groin guru]

It scares the living shit out of the Chinese Communist Party.

I suspect they also think, probably not without reason, the cryptos could be used against them by the US at some level.

Agreed.

I think most countries are worried. It's exactly why congress/politicians/MSM generally trot out the "funding terrorists/criminals and tax evasion" - because those things aren't an issue with fiat currencies... (printing money or spending money that isn't there. The trillions that go into funding war. The billions that are laundered every year) If anything at least there will be a paper trail (which is why I think they won't squash anything besides privacy coins like Monero).

Here's a prime example of corruption in politics and double standards:

Congressional hearing on cryptocurrencies devolves into bitcoin bash fest

A House Financial Services subcommittee shined a light on some Congress members' deep skepticism around digital currency.

www.cnbc.com

Rep Sherman's largest campaign donor is a credit card company...no wonder why he is so anti-crypto. The same company that was fined 13.3 million for illegal gambling. How these things aren't ticked off prior mystifies me - It should be "Sherman, your campaign was funded by a cc company. Sit this one out."

They can try all they want but it's only delaying innovation.

 

[Snake_Baker]

Half the world's banks are too weak to survive downturn - McKinsey

Half the world's banks are too weak to survive downturn - McKinsey

www.rt.com

 

[Snake_Baker]

 

[Val Keating]

Any article to go with that?

 

[Snake_Baker]

Any article to go with that?

Doctor infects up to 900 kids with HIV after reusing needles 'he'd thrown in bins'

A ‘ROGUE’ doctor infected 900 kids with HIV by REUSING syringes from the bin – but is still working as a GP. Dr Muzaffar Ghanghro was accused of using the same needle on over 50 c…

www.thesun.co.uk

 

[tazaa]

It’s mostly just boomers having a hard time losing control of culture tbh

Boomers and Gen Xers
Made wealthy by zero hard work and Howard/Costello

 

[Snake_Baker]

Having an opinion = sexism

 

[Del191229]

Why I invented Titania McGrath

spiked columnist Andrew Doyle on his infamous woke Twitter character.

www.spiked-online.com

 

[Orange Peanut]

Boomers and Gen Xers
Made wealthy by zero hard work and Howard/Costello

Huh? I'm Gen X, work my arse off and live pay to pay. Most of my friends are the same.

 

[Snake_Baker]

Everybody bitches about the previous generations......................from the comfortable arm chair that those same generations built for them.

 

[Del191229]

Huh? I'm Gen X, work my arse off and live pay to pay. Most of my friends are the same.

Yeah Gen X also copped the brunt of the last formal recession and were the first to feel the impact paid for education and insecure work.

 

[Del191229]

AI becomes grandmaster in 'fiendishly complex' StarCraft II

DeepMind’s AlphaStar masters game dubbed ‘next grand challenge for AI’ in just 44 days

www.theguardian.com

 

[blackshadow]

AI becomes grandmaster in 'fiendishly complex' StarCraft II

DeepMind’s AlphaStar masters game dubbed ‘next grand challenge for AI’ in just 44 days

www.theguardian.com

Put an AI like that in charge of NSW Digital... scary stuff.

 

[Snake_Baker]

 

[Val Keating]

Doctor infects up to 900 kids with HIV after reusing needles 'he'd thrown in bins'

A ‘ROGUE’ doctor infected 900 kids with HIV by REUSING syringes from the bin – but is still working as a GP. Dr Muzaffar Ghanghro was accused of using the same needle on over 50 c…

www.thesun.co.uk

What a monster. Can’t believe he was allowed to go back to work?!

 

[Val Keating]

Boomers and Gen Xers
Made wealthy by zero hard work and Howard/Costello

So you reckon this climate change thing comes down to weather or not someone can afford a house?

 

[ferball]

What a monster. Can’t believe he was allowed to go back to work?!

bad doctors happen happen. Even in Australia but we have better regulation to a point.

 

[Val Keating]

bad doctors happen happen. Even in Australia but we have better regulation to a point.

It’s weird that I think of doctors as being above human...then some creep comes along and completely undermines that feeling

 

[Val Keating]

LOL

 

[Val Keating]

For context https://nationalpost.com/news/trans...-means-of-extortion-rights-tribunal-rules/amp

 

[ferball]

Jesus saves! A long-distance runner who had a heart attack during a race was revived by a man named Jesus

That’s what’s called truth in advertising. Long distance runner Tyler Moon, who had the words “Jesus Saves” printed over his number, collapsed from heart-attack during a 10-…

www.nydailynews.com

 

[giantroo]