I always respect your view but I offer a rebuttal.
This works for you because you add value. Most people earning a salary do not.
I guess we need to ask if it was really him or if it was some angel or demon occupying his body. Either way - great guest
I’m suspicious of anybody who calls themselves a mathematician on the internet without the slightest shame of being underaccomplished.
Good morning! Lots of talk yesterday about the German government's new security package enabling mass biometric surveillance & suspicionless searches.
But the proposed law also drastically expands the surveillance of bank accounts.
According to the proposed law, banks are to be alleviated of the suspension of accounts under investigation for AML/CTF violations, enabling the prolonged and undetected surveillance of bank accounts via the German federal police.
In 2023, the German FIU received 337,000 suspicious transaction reports, of which roughly 63,000 had little or nothing to do with AML/CTF violations.
Under the proposed law, close to 20% of accounts under investigation for AML/CTF violations would be subject to increased and unjust spying on their financial activities through police.
Full Story:
https://www.therage.co/german-government-plans-expansion-of-bank-account-surveillance/
GM and thank you for your work.
I boosted this before I even heard the real signal. This dude is in touch with things that few people on this Earth ever 1) realize; 2) live to tell the tale; and 3) not sound like a maniac telling it.
Well 1 and 2 for sure.
Hope to see you at nostr:npub10hj9rg5gds5x2gk0z0s2jlqnq04jg7g30aj2t5pqzdaaztfactgsnze5ny in a couple of weeks! Enjoy the game today!
Ever wonder why companies don’t try to make money anymore?
It’s all about corporate debt and “stakeholder equity”
A company cannot be viewed as having a likelihood of defaulting on
It’s debt. In order for that to happen, they have to be eligible for a bailout if things really do go badly.
So companies need to commit significant resources - just about all they have - toward being “worthy” of a bailout should the time come. This entails malinvestments of time and effort such as DEI, Climate, etc. and generally being on the good side of the state and those who determine who gets bailed out.
You know who’ determines who gets bailed out? Think Blackrock.
So all of these unproductive projects ate sucking resources, as a priority above making money.
Additionally, companies are at the gunpoint of the centralized voting proxies of asset managers like Vanguard, State Street, and Blackrock. No company’s board wants to be ousted by these people.
These people who have nothing to do with these companies - just custody the assets of their investors - end up driving the fulcrum of governance at all of these companies to the end that they are no longer allocating resources to profitable projects in fear of upsetting these terrorists.
Companies are violating their fiduciary duty to their shareholders en masse and nobody seems to be doing anything about it.
Nostr has some weird shit going on.
Sry - I don’t see what you’re saying. It’s gonna take me a while before I can look at these books . I just answered your question or at least put a fine point on it
The first 3 orders are frequently seen on the wild but the 4th order will ruin your financial system.
If you don’t see it, you get robbed in sats you can’t understand.
They are cool devices. Have fun playing around with it
No. But the agreement towards the Normal is bullshit. I’d argue it is the confirmation bias of the elegance of being able to add normal random variables - but we know that almost every random risk system has fatter tails than Normal so their risk is essentially underestimated.
The paradox illustrates that man can rationalize a mathematical proof for things that are clearly mathematically wrong.
When my life savings is heavily reliant on ppl who say “Trust Math” but by and large don’t do the verification, I find it highly relevant.
nostr:npub1jr525zmjjg5y99y2kx3r4cwzfcq98ke4kqeh5zpkveyt3gnnfk6sjvxjzt I saw this because of your boost - since you’re only one of ten accounts that RPB follows on Nostr
Biggest black-pill of them all:
The Normal probability distribution is a bullshit psyop amd most of what has been built off it is wrong and nobody will ever really know what’s wrong or not
Our overlords are exploiting our distorted sense of risk against us.
The only silver lining is that they don’t really know that the distribution doesn’t work and still stabs the selves with that sword.
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev and I running into Zeno’s paradox in the same week and connecting it to Bitcoin is an act of God.
Happens also to be the same week I started reading my blogs and also in which i brought the secret society discovery of irrational numbers in an essay about the value of miners
https://risk-fundamentals.ghost.io/what-is-the-value-of-a-bitcoin-miner/
This is neither so in the rationals or irrationals but there do exist number systems where one can say this.
There was a time where the world only knew a rational number system (where any number could be expressed as p/q where p & q are integers and q != 0)
Turns out there are irrational numbers like the square root of 2. The man who proved this did so using the Pythagorean Theorem unfazed by the irony the Pythagoras’s himself thiught all numbers were rational until the day he died.
The man with the proof, Hippasus, was murdered by Pythagoras loyalists and the murderers made a pact to keep the world from seeing the proof.
They failed and the proof is known to be the second most well known proof in the history of mathematics.
They failed because the truth is ungovernable, especially the truth about irrational numbers.