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That's cold blooded. I'm sure a lot of good people were financially devastated by that poor decision. A hopelessly bleak existence can do a lot to your capacity for rational thought. A few people I know asked me if I thought they should invest in Bitcoin at the time. I'm thankful my answer was consistently 'nope'!


> That’s cold blooded.

Maybe, maybe not. For those that have never experienced a financial “lesson in violence” before, investing in Bitcoin is the equivalent of touching some strange shiny object that fell from the sky only to find out that the reason it’s glowing is because it’s bloody hot. Sometimes it takes the burnt flesh hanging off a bloodied stump to learn that maybe strange new objects that fall from the sky are to be avoided in the first instance, no matter how shiny they look.

To be honest, given the world we live in, and the knowledge that exists around basic investing principles I’m surprised that some people are surprised at how much they’ve lost.

For me, this just proves (yet again) that the human desire to get rich quickly is incredibly powerful and easily trumps logic and rational thought.

For the record, and just so people don’t think I’m heartless, I lost $20K of savings back in 1989 In an institution whose interest rates were (on hindsight) obviously too good to be true. I was 23. The company was called Pyramid (yes, really. Australian)


The only person I know who bought bitcoin at that price inherited a load of wealth and has no real concept of money. I even told them they shouldn't at the time.


Interesting. Maybe Facebook didn't like being dragged through the mud by news organizations. Maybe Facebook is hurting them back by asphyxiating them. I can't say I'd feel very bad about that if that were the case.


If you read the article, this trend began before the recent "Facebook is the devil" trend in the news. Perhaps instead it's the other way around? Perhaps the news organizations are trying to hurt FB for a drop in their readership?

Either way, the news and social media spaces do not have a healthy relationship.


Those two departments couldn't possibly be related. It seems unfair to base judgement on the entire company for that.


I dunno ... seems to me an indication of a larger systemic problem: "we couldn't even provide a company-wide engineering solution for this simple problem, so here's how we used a hack..."


That's the problem you get with silo'd teams.

If they had a core technology team they could handle things like this more gracefully. Or maybe not, this is IBM after all.


Exactly, it's IBM. As a company, what they do is so diversified in both level of complexity and technology type that a "core technology team" is just nonsensical.

I mean, in the same company you have on one end of the scale lots of teams doing just outsourced IT support ("my corporate word install is broken, pls fix"). And on the other end for instance the IBM Zürich research lab, who have received multiple Nobel prizes in physics and who developed things like Token ring and Trellis code modulation.


This is probably just me but I've yet to see a company pull off a core technology team gracefully.


Sounds like similar stories I’ve heard about IBM but not related to cookies. Sell first and hack it together later which is very similar to a lot of places. Except IBM doesn’t seem to be able to hack it together.


So we have some more info out there:

- Their PCF solution is deprecated - They were still using a deprecated container management solution instead of kubernetes until recently - If you use Java the for you to use liberty build packs - They push XP and TDD practices from the garage yet many of their consultants don't practice what they preach.


IBM Cloud Foundry (formerly Bluemix) isn't quite deprecated but the container manager inside CF was stuck on the deprecated DEAs rather than Diego long after Pivotal and others moved on. They moved to Diego last year I think but very slowly.

And then they rebranded IBM Spectrum Conductor for Containers (look it up!), a Kubernetes snowflake they came up with, into IBM Cloud Private, because Kubernetes will solve all problems, the issues MUST have been leading with a PaaS and not a CaaS, right?

Other observations are spot on

Disclaimer, I compete with IBM and have to deal with their account team shenanigans, though parts of IBM are better than others and even can be good partners.


Don't forget their big "blockchain" push (via TV commercials).


If they don't want the company suffering reputation damage by failings in other parts of the company then they should split or at least run under different brands.

If they want to accept the positives of the IBM brand then they need to accept all the negatives that come with it. Unfortunately for them that brand is now toxic.


Quite possibly the most interesting comment in this thread but no details. I'd much rather hear about the incredible hoops Disney may be jumping through to make all this work. I've always been fascinated by Disney's vast array of businesses spawned in Florida to take care of their interests. Really wish you'd have shared more insight if you have any.


Universal Studios owns a contract to Marvel that basically disallows Disney to do any Marvel COMIC shows or rides because their parks are just close enough (within 100 miles or something) to Universals parks to be part of the clause. Disney cannot cancel the contract in order for Disney to buy it out it has to be negotiated under Universals terms as well. I have a relative that works at Universal Studios who explained this to me. The only thing Disney can do is new marvel characters probably and stuff based off Marvel movies.

I don't think the contract has an expiration date either... Marvel wasn't doing too good back in the day you could say.


It's actually worse then that.

So, there is not only a master contract in place. there are subcontracts for every single character and IP that is in Orlando, with different scopes associated with each. One of the reasons Disney went so heavily with Guardians of the Galaxy, is because they believed that Orlando could use these characters, as they were new characters. Disney also thought they could get away with doing some advertisements on the monorails. Universal objected, in court.

At this point, Disney is looking to figure out what they can and can not do. The fact that they are going to be building a guardians coaster at Epcot means they think they are fairly sure of that particular thing, no matter what universal (comcast) may threaten them with.

On the other hand, the rumored Wakanda stuff makes everything much more dicey.

I'm told that Disney was very comfortable that they had the ability to get all of the rights when they bought marvel. I'm told that they are much less sure of that now.

My guess is that Fox may eventually get sold for pieces. Disney's 30% stake of hulu, plus the marvel rights and Avatar are just too important for Disney not utilize their most powerful death start - their lobbyists.


Just when I thought I knew a good chunk of it, I find out I knew even less. That is crazy.


Excuses my ignorance.... Why Florida?


Disney wants to open up Marvel themed parks (gates)both at Disney Land and at Disney World. Disney Land (in California) is severely space restricted, so it may end up only being a "land" (or subsection) of the existing California adventures park. In orlando they have plenty of space, but the contract for Universal (who is owned by Comcast) keeps disney from using a ton of marvel IP.


It's a mixture of misrepresentation and denigration.


Something about the tech crowd. So smart in general but has such a hard time with how words are used by people. Free, stealing, both words that for some reason whenever used in an article, someone feels compelled to insist on their own definition.


Free is something 'without cost'. But you do give something in exchange, your private data. So by the correct definition of free, no, Google and Facebook's services are 'not freed.

Money is not the only form of value or that can be exchanged for products and services.


You're not on trial for referring to someone as a dude. It's an old as dirt tactic to put you on the defensive.


Really? I tweeted about a week ago about the change publicly, and I've been getting a lot of anonymous shit for it. I've been out about being fluid for awhile now, but I was waiting on the pronoun shift in a larger public sense for when I wasn't managing a large organization. I knew they'd stress more about getting it wrong than I would about them getting it right.

I forgot to update my G+ profile (that's where YT gets its data, and I really don't pay much attention to that). So Mr. No_just_no has a fair point, but I'm not relishing opening up the door to further bullshit there.

That said, the "they" is a compromise pronoun for me because I know that something more descriptive will just meet with _even more pushback_.


[flagged]


> I think you're probably not used to the extra estrogen then.

This reads like a personal attack—a cheap, low, and shocking one to see on HN. I'll give you the benefit of the doubt because your comment history doesn't show anything else like it, but it's an obviously bannable offense, so please don't do it again.


The world would probably be a better place if people did care a little bit more about things in general.

Whether they do or don't, should or shouldn't, that's one pretty nasty way to say that people don't care about an issue.

(Yes, yes this directly feeds into the concept of what "virtue signalling" is. However, the relevant part is that I don't believe that direct insults of this type belong on HN.)


Nobody here cares except the people who you demand care. So you changed your sex. Okay. It's not the actual topic and no one here really gives a shit.


You've posted about it more than I have, now.


My initial reaction to this was "Pewdiepie is involved in some kind of racism thing? Hadn't heard of that." So I switch over to the YouTube app in my TV and search his name. The first result is "Is Pewdiepie a racist?" with him photoshopped to look like Hitler or something. Well, it's confirmed now.

I wish South Park had done more research on him two seasons ago before making him their season finale and spending the last two seasons on an anti-Trump campaign. How can they BOTH be Hitler?

This -ism shit is how people try to take you down. Uber was fawned over by HN for taking down the lame taxi organizations. Remember? Taxis are bad they have medallions and control the market. Uber the underdog fighting the man. Want to take Uber out? Give them an -ism. CEO talks to Donald Trump? Ew bad he has isms. Someone said sexism? Every single post about Uber 5 times a day is anti-Uber now.

Edit: https://youtu.be/JLNSiFrS3n4

This lampoons all of this better than I can and it's the actual video I reference at the beginning of my comment.


Pewdiepie paid two people who can't speak english to hold up signs saying, "Kill all jews" and dance around. When confronted with this, he decided to call this satire and his art. Then Disney cut him off, and suddenly he was quite contrite, but it was too late. I'm sure he'll have to live with the millions he didn't spend on fancy cars as a buffer while he finds new revenue streams.

That was the straw that broke the camel's back really. It's just accepted that you can make fun of trans people or affect crazy accents or the like on youtube.

> This -ism shit is how people try to take you down. Uber was fawned over by HN for taking down the lame taxi organizations. Remember? Taxis are bad they have medallions and control the market. Uber the underdog fighting the man. Want to take Uber out? Give them an -ism. CEO talks to Donald Trump? Ew bad he has isms. Someone said sexism? Every single post about Uber 5 times a day is anti-Uber now.

Beeeecause not only are their business practices pretty shady in terms of how they treat the drivers, but also their work environment sounds like a misogynistic dystopia mixed with a high school popularity contest for who can be the broest bro?

I had a friend who went to Uber. She quit and told me a pretty similar story, and that was as year ago. This was a story waiting for a woman sufficiently brave to break it. As for the other stuff, Lyft is backed by Thiel and somehow they're managing to shut the hell up and move people around, so evidently there is a way to chart a course here.


Pewdiepie couldn't make up his mind really, in his arguments. Was this art, and thus kind of a political? Or was it just his trying to make fun for the lulz on teh intarwebz?

(IMHO: He's just fooling around in front of a cam, but whoopsi, he has the largest following on youtube so he is accidentally a political figure too.)


It's mostly comments like this that made me stop wanting to contribute in a meaningful way a few years back. This thread shows there's a capacity for the community to laugh at itself. We need that. Whatever your beef is, please find a different outlet for it.


Is writing snarky, content-free annotation websites making fun of people who need help here "laughing at ourselves?"

This n-gate author is just another person in tech who things "this is wrong" is more valuable than "this is more correct." In the same vein as "shit HN says", it's just taking cheap shots. It's the tech equivalent of watching Dr. Phil and going, "Gosh at least that's not my life." It's the kind of mentality that claps when Linus Torvalds cusses someone out for reminding him he made his own bed with SHA1.

I did stop contributing here for years was the utter frustration at how casual and horrifying things uttered were protected as "discourse" but any counter to them was "being uncivil." But ultimately I stay because I genuinely like to help people with tech and like to tell people who bring Reddit in here to go back to that crappy smugfest (or perhaps head to less orange pastures).


Is writing snarky, content-free annotation websites making fun of people who need help here "laughing at ourselves?"

The tone of the annotations, while styled as snark, have a playfulness that neutralises any potential malice.

If I noticed that I was seeing bitterness in everything, I might stop criticising for a while and start asking questions of myself.


I don't mind the occasional potshot, but if it's not coupled with constructive criticism, I think over time it festers.


It's weird that you make this comment, yet spend so much time flinging shit yourself.


Very well put. The crux of so much of this comes down to business interests. When you finally wade through the bullshit and get to the heart of it, it's about money. Not ideals or the end of the free world.

Good luck fighting this fight here, though. It's like arguing that Star Trek is good on a Star Wars fanfic forum. They're just not ready to hear that.


While many people disagreeing with the parent's logic have valid points. The threat to a major profit center is not a small concern to MIT and they are rightfully interested in doing what they can to fight it.


> The threat to a major profit center is not a small concern to MIT and they are rightfully interested in doing what they can to fight it.

And there's nothing wrong with that. They just need to be honest about it and not claim that we are doomed if we don't accept foreign students. We have lots of very smart, creative and motivated people in the US. We don't need to import them.

In fact, one could argue that our national interests are better served by improving our educational system (K-12 and beyond) in order to ensure that we produce better, smarter, more motivated and entrepreneurial people than anyone else in the world. If it is true that we need immigrants because we don't have them here then we have a serious problem that needs to be addressed at a national level. In other words, we are under-serving whole generations of students all the way down to K-12.


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