What a Week!

I’ve been down with the flu/cold for a week now, think I’m going to have the cough for a while sadly.

Crypto Stupidity

Reference the prior post.

FTX managed to lose “billions” in what appears to be a clear ponzi scheme that targeted investment firms. See, a ponzi scheme impacting mom and pop won’t make the news all that often, but you take money away from rich people with friends, and it’s a big deal. Crypto, in every single form, continues its amazingly clear path of scam. No different than stock market pump and dump / shorting scams mind you, just a more interesting flavor.

The most “famous” crypto, Bitcoin, has also managed to lose 75% of its value in 12 months. Cue the various pundits claiming that now’s a good time to invest. That’s how these schemes work, right?

Twitter Insanity

This has to be the most epic troll of all time, with the costliest bluff being called. $44bn because he went against someone other than government aid. Wild.

The rumor that he fired half the workforce based on code stacking is just too hard to believe. The best / most important coders are the ones who solve problems with less code, not more. The only reason this rumor seems even viable is the fact that they reached out afterwards to try and hire people back.

The blue checkmark fiasco suffers from hubris. The amount of trolling Musk has done over the years was no match for the interwebs. (Side, that Eli Lilly lost $20bn from 1 fake tweet tells you all you need to know about the value of that company). It has been an absolutely glorious time watching a “genius” continually pour gasoline on his money pile and make a truly concerted effort to push advertiser revenue away for good.

Oh, and Twitter’s fact checking of Musk’s lies is just pure gold.

US Midterms

This is more comeuppance than anything else. It’s been years of people decrying the horrible human being that is Trump, and his disdain for anyone that is not him. Imagine people voting on a platform FOR something, rather than AGAINST something *surprised Pikachu*.

The best part here is how the most ardent supporters are now turning their aims at Trump. Because he’s mean to their teammates. Like, where have you been the past 40 years?

Hopefully, the adults in the room can find some common ground and work for their people. The world could use some rational US thought again, across party lines.

That said, tomorrow is the 15th and Trump has a “big announcement”. The wolf in the henhouse may not be done after all.

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