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Nice Guy Eddie

Certifiably Surly
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Everything posted by Nice Guy Eddie

  1. I've been thinking about it but I wouldn't want to subscribe to a service. I would want it recording to a local memory card that only retains X hours of video and continuously overwrites. I think some devices record 24/7 so at least you might get some footage if someone messes with your car. so perhaps it is worth pushing the video to the internet in case of car theft.
  2. As a cautious bitcoin evangelist, I think stories from @CHIEF are still potentially possible if someone gets into bitcoin today. Forgetting the per-bitcoin price, his friend basically turned $30K into $700K. Is there still room for a >20x return if someone got into bitcoin today? While it seem crazy to think that bitcoin could ever approach a $2m/bitcoin price, someone would have had previously said the same of $90K. I've seen estimates of the global gold market at $19T whereas bitcoin is at $1.75T today. I think there's a strong argument that bitcoin could catch if not surpass gold. That simple math takes btc to $1m each. Now if sovereign funds (middle east, norway, perhaps the US or EU) would get into the mix, no one has any idea what that would do it. Or bitcoin could be worth a few pennies next year. who knows. But if you invested $30K today, your max loss is 30K with an arguable potential gain of >10x.
  3. Yes. Dems should quickly state how each candidate is inadequate for the task, if not openly harmful and then add documentation for the rest. Call out Gaetz for his involvement of sex with underage girls and that Gabbard has a too-close relationship with foreign adversaries. Then document the hell out of everything in the senate filings for future historians. Does that change anything today? No but the Dems can't stop the process and attempts will waste political capital. Democrats used to be able to hold senate seats in GOP leaning, if not fully red, states but that has/is quickly ending. It makes the senate tough for them because of all of the small red states. Its why barely losing 2 seats in PA and OH 2 weeks ago so painful for them. They have to find a way to win. They also need to allow, if not force, senators like Ossoff or Warnock do more to appeal to their moderate bases. the good news is that they should be able to do so given the Dem's lack of power.
  4. For those who don't know the first bitcoin real world purchase was 2 pizzas for 10,000 bitcoin in 2010. I hope the guy at least got 2 large supreme pizzas for what is now $910 million. (At the time, at best the 10K bitcoins were worth $20 so it wasn't an absurd cost.) but seriously it can be painful to pay via bitcoin because frankly the system is not designed to go fast. You would never buy a coffee with bitcoin with its basic tech. Now if you transfer something like ETH or USDC via the polygon network, the funds are moved before you can even refresh the page or app. I hope the guy somewhat realized that he was incurring an ~$700K capital gain and thought through the tax implications. But I love stories like this.
  5. Thune has already implied that he wants confirmation hearings as long as the Democrats don't obstruct the process. Obstruct is the eye of the beholder. Is asking questions of the nominee obstructing? Obviously you can eventually obstruct just for the sake of delaying which honesty Dems shouldn't do. Americans voted for a MAGA President and Senate, so they get the right to confirm his picks if that is their desire. In the past, some nominees had to eventually withdrawal at the insistence of the WH who were tired of some confirmation hearing. Remember when Zoe Baird had the unforgivable sin of not paying taxes for her nanny or housekeeper. I forget which. But I don't think Trump will ask a nominee to withdrawal under almost any circumstance.
  6. As far as 2026, don’t sleep on special elections for anyone promoted to trumps cabinet and I assume Vance’s seat. Trump will tell those governors who to name as the senator for ‘25-‘26, and he is awful at choosing candidates. One rumor has Trump wanting Vivek as Ohio senator replacing Vance. Vivek would be a possible pickup for Dems next election.
  7. No idea. One of the positives about crypto spending is that both parties are private.
  8. you mean the guy who's failing pharamaceutical firm is waiting on FDA approval on drugs that have proven time and time again to fail? No, he shouldn't have any say in weeding out inefficiencies in govt. He has zero experience in that.
  9. I will bet anyone here that he will start having DOGE surveys on X: "Who thinks we should cut _____ dept and their 100 employees?"
  10. We're not far away from most investors owning bitcoin at least indirectly. It’s like you could be opposed a single S&P 500 company, but it’s practically impossible to avoid owning them. I expect many funds to have bitcoin within 5 years. I expect the fund managers want to own it today but feel they can’t.
  11. I wouldn't call bitcoin a ponzi scheme but it definitely is only worth what someone is willing to pay for it. there are plenty of valuable assets that neither have intrinsic value nor create income. If someone wants to pay the equivalent of 89K for a bitcoin, that's its value. If no one wants to pay more than $0.25 for it, then that's the value.
  12. In 2016/17, it was about nominating people that there looked the part and were recommended by others. This year looks to be pure loyalty to Trump. Practically seems like Trump is calling them up and asking what they want. I would fully expect Kari Lake to get a high level role.
  13. Yeah but there is something about actually owning the bitcoin yourself. Buy 1 share of IBIT for $49 and you indirectly own some unknown percent of a single bitcoin. Maybe it roughly equals to $49/$88,000 but maybe it doesn't exactly. At some point, especially if govts or sovereign funds get involved, where is everyone finding bitcoin to buy. I guess that is when you have weeks like this where it's up 25-30%
  14. I'm unsure if there will be a major correction before 100. And in the fast moving times with crypto, a correction can be measures in hours before it's recovery. Just watched it blow through 86K on coinbase and almost 87. I assume they just are not many people selling and too many want in. Until recently it was feasible for many to aspire to owning a whole bitcoin. while not impossible, we're getting to the point where most couldn't/shouldn't put that much of their investable dollars into a whole bitcoin. I realize that owning a whole bitcoin doesn't create any special value for its owner.
  15. there may only be 14-15 million bitcoin in circulation. Technically there are 20m but there are estimates that many are lost meaning that they're inaccessible for a wide variety of reasons. But even if all 20m are available, any one entity locking up 5% is a big deal. Yes there are some btc evangelists who would hate this development but that's just like their opinion man. Personally I think it's a bad idea for the US govt to purchase something which is effectively a security. However no one is asking me. I can only react to the possibility.
  16. Wake up to basically 80k. This might be the push to 100 by EOY.
  17. He resigned as of March 2025. Instead he should be told that his services are no longer needed after 5pm today. Hand his ass a few empty boxes and tell him to get packing.
  18. Shows people can be fools when a financial company informs you that your funds are FDIC insured.
  19. Americans decided they want cruelty over compassion. It’s going to be really difficult to feel compassion for a Trump voter who suddenly realizes how much of their life was a benefit from the federal govt. autistic child loses some school programs. Cool, stay home to take care of your kid. And sorry kid your parents are idiots.
  20. agree. Any and everything is obviously fair game for criticism because Harris lost, but Dems need to do more than the GOP to get out messaging because the other side lies too much. It shouldn't be this way but it is. I think there is a flaw with in-person rallies. They're full of people who are voting for you. In some cases, people are waiting hours to hear you speak. You think an undecided voter is taking a day off to hear you talk? You don't think someone spending all day to hear you isn't already a motivated voter? You need to do rallies but you need to go where the undecided voters are or even voters on the other side. I understand declining some podcast or "tv" shows especially if the host is a criminal or other type of asshole but you can't ignore them if they have a large audience. Some of whom might be open to voting for you. Worse case you soften someone's approach to you or your policies.
  21. KellyAnne Conway will go down somewhat in history for popularizing if not creating the term, alternative facts. We all understand there can be spin on facts and stats can tell different stories but a fact is a fact. The opposite of which is a lie.
  22. I agree. It’s difficult to constantly play from behind where your message is that the other side is lying or misrepresenting your belief. It’s like that I don’t see the GOP with an ad that they’re not fascists.
  23. on the trans issue, I'm just not sure what the Dems could do other than agree about sports which they effectively do as a group. I'm just uncertain how a political ad would communicate that.
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