taroball @taroball@schelling.pt

Can you dodge taxes with NFTs the way people do with art?

where are my tax attorneys at?

Thinking about finally just dollar cost averaging into BTC/ETH given the current price correction.

What's an appropriate split between the two? 80/20? 60/40? 50/50?

Reading about the McNeil-NYT situation makes my blood boil a bit.

Help me understand. How does the NYT leadership not understand what a shortsighted move this is to capitulate to the journalists who wanted his head? Why was it untenable to just let the incident blow over while paying some lip service?

@meanderingexile it is nice to have a release valve for some of my thoughts. I've also found it quite good for sharpening ideas - the process of writing it all down and chiseling the words to fit in tweets/toots for clarity and precision also cannot be overstated.

Unfortunately, I think this is best suited for when you're still unsure of where you stand on topics and are trying to reason out loud. This necessarily means posting half baked thoughts, which I am still not quite ready to do.

Not gonna lie, it is not easy to post every day even if you make it a goal.

I don't understand how some people manage to toot/tweet 30+ times in a day - looking at people like @noahpinion, @mattyglesias who have over 100k tweets.

Granted, it's over 10 years but the consistency at which they spew their hot takes is still something to behold, even if the snr is low. It takes a certain shamelessness and perseverance to keep saying things even when no one appears to be listening.

this is an even better thread explaining the capital requirements: https://twitter.com/KralcTrebor/status/1354952686165225478

Is there anything inaccurate in how Webull's CEO is explaining why they/robinhood/other brokerages have halted trading on the various wsb stocks?

https://finance.yahoo.com/video/heres-why-robinhood-restricting-users-173049721.html?.tsrc=fin-srch

TLDR: high volatility in the stock means that the brokerage's clearing house requires more collateral to settle a trade, which has gotten too expensive for robinhood/others to stomach

@iamnoah no one likes doing the unsexy but critical work b/c it doesnt get them the praise/recognition :(

is there a good explanation for robinhood shutting down buying gamestop options, shares that is not of the form "citadel/the sec told them to stop, so they did"? That seems way too simplistic and doesn't really jive with how market makers make money.

Market makers profit whenever there is order flow by skimming off fractions of pennies on the transaction (in exchange for your order getting fulfilled faster) so halting trading is actually bad for them

@pee_zombie ah they just add "context" to a tweet once it's been flagged enough times

@pee_zombie yea where's he been?

@pee_zombie wait, did they say what they do with content that's been flagged?

@pee_zombie research might be a little different due to the funding structure. but the core idea against scihub holds some merit: if the work is valuable, the creators should be compensated somehow. Now, here it's just parsitic companies like Elsevier reaping profit so I/others dont feel bad about using scihub.

What is a compelling alternative model for scihub? I don't know but this equilibrium we're at does not seem like a stable one.

@pee_zombie I have a hard time reasoning about this. It's quite similar to the google books situation where google has digital copies of all books in existence but cannot just allow people to access it due to copyright.

It would be great if everyone if everyone could have access to all these books/texts for free. But at the same time, these works have value and should command a certain price to compensate creators/publishers for the work and the monetary risk involved in producing this work.

@max what's left? changing social norms?

my sense is that this is quite difficult b/c you'd need different groups to hold a common value - freedom of expression. unfortunately certain groups clearly dont value this freedom the same way and show no signs of being open minded towards changing their views. We'll see how this plays out. But I am not optimistic.

@alex or if you're attractive and/or have a decent sob story

@pee_zombie kemper does the manic pixie dream girl thing much better

@pee_zombie but actually, just here to toot a bit more freely than i'd do elsewhere. so probably keeping the two separate for now

@pee_zombie the same thing we do every night, pinky. try to amass as much social capital as we can

It is kind of funny to see left-twitter get all up in their pants about $1400 checks instead of 2000. Yes, politicians should do what they say.
But also realize that what congress/potus can deliver is what they can negotiate with their colleagues. Perhaps it was a mistake to start the talks/proposal at 1400 bc now the amount can only go down from there.