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<div class="moz-cite-prefix">On 11/17/22 9:16 AM, Roger Critchlow
wrote:<br>
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<blockquote type="cite"
cite="mid:CAGayqosS3M-p_jyzNCKR6z+h6BzXapUJvtqXsH5NWUohv0sN=Q@mail.gmail.com">
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<div dir="ltr">Tsk, so many bad investments, so little time!
<div><br>
</div>
<div>Binging Sandy Pentland led me to <a
href="http://etoro.com" moz-do-not-send="true">etoro.com</a>,
where everybody can see how everybody's portfolios are doing.
The front page gives the top crypto traders on the site, who
are all around -70% for the past year. But scroll down and
you find out that they range from +27% to +197% for the past
two years. </div>
<div><br>
</div>
<div>-- rec --</div>
</div>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Wed, Nov 16, 2022 at 12:02
PM Marcus Daniels <<a href="mailto:marcus@snoutfarm.com"
moz-do-not-send="true" class="moz-txt-link-freetext">marcus@snoutfarm.com</a>>
wrote:<br>
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px
0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">Having
investments go bad makes me feel prosperous, like going to the
dentist. I probably shouldn't have investments.<br>
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</div>
</blockquote>
<p>Thus my question a while back about leads/ideas around
microlending/local-investment opportunities. <br>
</p>
<p>I would take up composting as Glen suggested, but the worms in my
worm-bin would consider that a waste of perfectly good nutrition
for themselves. It turns out they *really* seem to prefer that I
make vegetable stock from my scraps before I dump the (now cooked)
bulk of those scraps into their world. The resulting stock cuts
down my aluminized-mylar-cardboard landfill-waste by a box or two
a week. They do like shredded currency as bedding material, but
no more obviously than shredded newspaper, junk mail and printer
paper. I don't know how they feel about the holographic strips in
>$50 notes, I don't "invest" anything larger than $5bills with
them. With enough roughage via kitchen-waste, they don't seem to
need any added carbon anyway. <br>
</p>
<p><virtue maundering><br>
</p>
<blockquote>
<p>It is hard to think about Publicly Traded Securities as
*investment* in anything (other than the greater glory/wealth of
Billionaires?), much less Crypto which has no obvious mode other
than *pure speculation* and utility even less than something as
near-useless as gold (at least Platinum and Palladium have very
acute utility in high-tech processes though that may be a
liability?). <br>
</p>
<p>If I have liquid assets I can afford to lose, why not *lose*
them helping someone in my community try to do something
requiring Capital which I think would actually improve the
community? I say *community* loosely... it needn't be
geographic, merely within a few degrees of separation wherein I
have a chance of understanding the implications and consequences
of my "investment".</p>
<p>Money === Mouth? Naturally, if I don't *know about* these
opportunities, that is a hint in itself... I'm probably not
paying attention closely enough, or there is a reason the
"opportunities" seem to be otherwise? If they tear down a 150
year old tiendita in the Pojoaque Valley (that has not operated
for 50 of those) and build yet another Dollar $tore then it is
probably for more "good reason" than the 5th generation family
owning the tiendita property not having the capital to renovate
and (re)stock with the items people need/want today.</p>
<p>I "invested" a small amount in Mary's Nephew's Ukranian Refugee
Charge last year, understanding it was a gift, not a loan. She
is finally able to travel freely to the US from Poland where she
established herself in a refugee community/network and for the
moment has decided she is better off there. Her Grandmother who
stayed in Ukraine died recently (natural not Russian causes) and
this only reinforced her feeling of wanting to return to Ukraine
when things settle more. While I am not against US funding for
the Ukraine's national defense, I am even more *for* supporting
the likes of Vlada in navigating her personal journey through
this time. I suppose I could have put that cash into Crypto
(or Tesla) and now be crying in my (spilled and souring) milk.
<br>
</p>
<p>Maybe I should "invest" in a replacement gold crown so that I
don't have to chew funny on the right side? Maybe I can find a
dentist with a get-one-give-one program? I am sure there are
people in my community who could use more than one lump of gold
fitted over a tooth nub? Gold isn't useless really... I just
said that for effect to tickle any GoldBugs in my vicinity. <br>
</p>
<p>Maybe instead save up for a heart transplant when this one
wears out (if it's good enough for Dick Cheney, it's good enough
for me)? Or invest a nickel into cloning or GMO pig organ
transplant tech? Or a bigger flat-screen TV... I hear Black
Friday deals are already queued!<br>
</p>
</blockquote>
<p></virtue maundering></p>
<p><br>
</p>
<blockquote type="cite"
cite="mid:CAGayqosS3M-p_jyzNCKR6z+h6BzXapUJvtqXsH5NWUohv0sN=Q@mail.gmail.com">
<div class="gmail_quote">
<blockquote class="gmail_quote" style="margin:0px 0px 0px
0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<br>
-----Original Message-----<br>
From: Friam <<a href="mailto:friam-bounces@redfish.com"
target="_blank" moz-do-not-send="true"
class="moz-txt-link-freetext">friam-bounces@redfish.com</a>>
On Behalf Of glen<br>
Sent: Wednesday, November 16, 2022 8:57 AM<br>
To: <a href="mailto:friam@redfish.com" target="_blank"
moz-do-not-send="true" class="moz-txt-link-freetext">friam@redfish.com</a><br>
Subject: Re: [FRIAM] (not) leaving Twitter<br>
<br>
I know, right. My Ada's down from $200 to $100! I'm not quite
sure how I'm gonna pay the rent. /s<br>
<br>
I saw some post on Mastodon that I can't find now. The person
was lamenting FTX and how they knew 2 people personally, one
who lost $90k and another who lost something like $10k. And he
closed with "neither of which could afford it." Maybe I'm
cruel. But my first thought was, why in hell did you have $90k
in crypto if you couldn't afford to lose it? I mean, I know
there's a sucker born every minute ... but $90k? I could live
for at least a couple of years on that. To even have 90k to
invest *at all*, anywhere, implies something.<br>
<br>
On 11/16/22 08:44, Marcus Daniels wrote:<br>
> Lol, well I guess I bought the right Proof of Stake
crypto. (Not really, I got demolished too!)<br>
> <br>
> -----Original Message-----<br>
> From: Friam <<a
href="mailto:friam-bounces@redfish.com" target="_blank"
moz-do-not-send="true" class="moz-txt-link-freetext">friam-bounces@redfish.com</a>>
On Behalf Of glen<br>
> Sent: Wednesday, November 16, 2022 8:39 AM<br>
> To: <a href="mailto:friam@redfish.com" target="_blank"
moz-do-not-send="true" class="moz-txt-link-freetext">friam@redfish.com</a><br>
> Subject: Re: [FRIAM] (not) leaving Twitter<br>
> <br>
> More Billionaire news [sigh]:<br>
> <br>
> What happened at Alameda Research<br>
> <a href="https://milkyeggs.com/?p=175" rel="noreferrer"
target="_blank" moz-do-not-send="true"
class="moz-txt-link-freetext">https://milkyeggs.com/?p=175</a><br>
> <br>
> On 10/31/22 10:28, Steve Smith wrote:<br>
>> Great quote from CDs screed:<br>
>><br>
>> "Every billionaire is a policy failure, but
every billionaire is also a factory for producing policy
failures at scale."<br>
> <br>
<br>
-- <br>
ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ<br>
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