one thing that surprised me to learn about casinos: it's absolutely fine to let people win back 99% of their money on average, because if that is indeed the average across all customers, that still leaves the casino with 1% on average. games can be chosen or designed so the odds are always *slightly* in favour of the casino over time, even with the occasional customer winning a big jackpot. if you were setting up a new casino with no prior experience, you'd need to tweak the games a bit to get the balance right, depending on the behaviour patterns of your clientele, but that's just a matter fine tuning and monitoring the accounting sheets for feedback to make sure you're at a sufficient profit margin.
*sees a laughing Buddha in his feed* if he's fat, he's not the Buddha. that's the Chinese Zen monk Buddai. different guy.
i joined yesterday and i have 23 followers already and i never asked anyone to follow me. i'm just doing what worked for me on Mastodon: just start posting, liking, sharing, etc, so people can see that you're there. maybe try to say something that is of interest to other people while you're at it.
people who are here because of crypto: so, hey, uhm, go Bitcoin! zap zap zap!
people who are here because it's a social network: this is what i'm thinking
having worked in the computer business for over 15 years, one of the funny things about the crypto world is how people will use words like "keys" and "hashing" having no idea how those things actually work. it reminds me a bit of how gamers call video cards "GPUs" and accept that Discord workspaces are called "servers" despite them not being that at all.
*starts magazine named Business Outsider* we have no idea what's going on in the halls of power
if you know anything about actually running a business, such as how accounting works, i'm interested in following you
cold coffe just isn't a pleasant experience 🤢
which a beginner has no clue about, like me for the first half of yesterday.
kind of relieved that Nostr *isn't* blockchain, just decentralised.
bot traffic, using the wrong relays, etc.
the onboarding experience for Nostr is pretty shit. once you're over it, stuff starts getting better, but yeah, it's pretty shit.
there's this Nostr bot that goes "if you all zap me X sats within the next hour, one of you will get 80% of everything, another will get 15% and a third will get 4%" (guess who gets to keep the remaining 1%)
that's called a lottery, sir, and the house always wins.
if you find yourself in the middle of a gold rush, selling the mining equipment is a pretty safe bet.
if you've got a lot of money, it usually means that you've got something that a lot of people want and are therefore willing to pay for. and if you want to prove that, all you have to do is pay for something that is both expensive and very visible, such as flashy advertising. if you see megacorporation-grade advertising on a product, you're subconsciously going to assume that it's really popular, and that it's popular for a reason.
it's funny how the visual presentation of everything gets better and better as you get closer to where all the money is.
it appears all the follows from Mastodon via mostr.pub to Nostr are broken too. i had to refollow myself both ways. from Nostr because it made new public keys for every account. from Mastodon because it apparently doesn't know that i'm following anyone anymore. did they lose the entire database or something?