It feels a bit like hard work to use. They seem to have support for Dropbox but just as an afterthought and not the main thing. The main thing means running your own server, but it doesn't look easy to set up.
I want to think of an approach that is really easy to use so it becomes popular for that reason.
I think we can ethically sell things that don't exist to "sophisticated" investors - which is hard to define but probably based on net worth. Maybe limit the $ amount you can invest per person from "poor" investors to $1000 or something. But the question is, is it a scheme or an investment?
That said people buying crazy options on sites like /r/wallstreetbets, or just betting on sports are in the same boat, so where to draw the line? I think it is better to err on the side of controlling such investment schemes though rather than let them run loose.
The solution to the US controlling everything is to set up truly decentralised currencies like Bitcoin and keep a brand or controller out of that. Someone in the world can do this anonymously and it would be hard to shut down. Has anyone shut Bitcoin down yet?
Free snacks & beer are an anti-perk if you want to maintain a healthy BMI, and a healthy body. Alcohol is a drug with side effects (even if you don't have a hangover), but most people don't think of it that way.
Everyone will be minimizing expenses, so cash velocity is going to dramatically decrease. A recession to affect all sectors unless a miracle cure comes out this week. On that basis I expect real estate values to fall and stocks to continue to fall. Companies that are not profitable and rely on investor money to keep going will fail.
> Chinese folks with rural roots still associate freshness with how recently the meat was slaughtered. This is why sellers keep their animals alive and only butcher them before their customers’ eyes.
Anecdotally: I ate the best tasting salmon I've had for a long while. It was frozen salmon from ALDI.
Yes it's like the "cancel all debts" idea. Great idea, but emm.. by the way you do realise that "money in your bank account" is technically a debt that the bank owes you, so that gets cancelled too!
Ah "cancel all debts to people not banks". Great idea, but emm. OK so the bank now doesn't have the assets on it's books, goes bankrupt can't pay you that money in your savings account.
"cancel all debts to people not banks, and let the government bail out those banks". Great Idea, but.... something something hyperinflation.
