Maybe. Depends on if you agree/disagree with the wider market on the inherent problems with BABA and more specifically the relative insecurity/danger of Chinese government intervention.
I previously held BABA. I exited at roughly break-even. Furthermore, I won't re-enter for the same reason I exited, the Chinese government can and have ruined Chinese-born companies at the flick of a pen.
I think BABA has a good business. If the Chinese government leaves it alone it would be a great investment, but the more influential BABA is the less likely that seems.
PS - Plus do the risks and gains actually balance? The risk could be as much as your entire investment, and the returns are far lower than that.
That argument, unfortunately, is a slippery slope. One could list a gazillion things that are good for the environment. The environment argument against Bitcoin has been thoroughly debunked.
There are several valid points of criticism against Bitcoin. I wish more effort is put into it to criticize it along those fronts.
Why do you feel entitled to tell people what they should do? How do you know what value - or lack thereof - people get from using Bitcoin&co., have you checked with them, or is it just theory? Why do you assume your sense of value has to be universal?
The 'drugs' traded on the 'deeply depraved' marketplaces save lives and make other lives kind of comfortable even amid a chronic disease. Yes, I mean drugs which should, but for various reasons are not, available in the pharmacy. That's a real use case, do you think it's 'detrimental to society'? Because ill people get a chance to live again? Great thinking.
And to top it all off, your post is worded in a purposely confrontational and inflammatory way. It's a flame-bait, and it got flagged and removed from the site because of this. What do you gain by presenting a biased, unoriginal post to the crowd here? If you think you just made a "net benefit for society" - think again. In solitude, please.
Yes the title didn't help, a good lesson. Less judgement in titles.
You call my post bias and unoriginal, which you can do. But can you answer the core question I pose?
And please not with esoteric examples of availability of medicine for chronic diseases which to me raises the question: is that all you can come up with?
It's not esoteric! It happens. I can't go into details, which should be understandable, but I've seen this happen. People I know and love were able to live freely in the last year of their lives; people I know and love are able to function mostly normally because of the drugs they buy illegally. What, please tell me, is esoteric in this? What exactly?
> is that all you can come up with?
No, but it's enough to falsify your claims. There are people who get tremendous value out of the 'depraved markets'. That's it.
It doesn't falsify it. It only shows one or a few examples where just a few people self-report any benefit. And getting medicine through the dark markets is shady as fuck.
That kind of example doesn't seem to support the whole crytocurrency stuff with all it's downsides in any way.
If that's all you can come up with, all the more reason to shut it down (hypothetically).
And who other than the people is qualified to report whether people benefitted?
> And getting medicine through the dark markets is shady as fuck.
Are you a Christian? I'm amazed and ask seriously, because I can't imagine much of anything else that would make you spew this much of a nonsense with this much conviction.
dang, yes, I know, this is the last post from me, sorry.
'And there’s that familiar little second of shocked silence from the New York crowd before it erupts, and John McEnroe with his color man’s headset on TV says (mostly to himself, it sounds like), "How do you hit a winner from that position?" And he’s right: given Agassi’s position and world-class quickness, Federer had to send that ball down a two-inch pipe of space in order to pass him, which he did, moving backwards, with no setup time and none of his weight behind the shot. It was impossible. It was like something out of "The Matrix." I don’t know what-all sounds were involved, but my spouse says she hurried in and there was popcorn all over the couch and I was down on one knee and my eyeballs looked like novelty-shop eyeballs.
Anyway, that’s one example of a Federer Moment, and that was merely on TV — and the truth is that TV tennis is to live tennis pretty much as video porn is to the felt reality of human love.'
It's a tremendous piece of writing I've enjoyed many times over over the years but a troubling one.
As best I can tell, this is the actual shot described in the excerpt you quoted. It's great but perhaps DFW embellished a bit in the retelling: https://www.youtube.com/watch?v=jDwG5rJVtdc
Yeah, I'd tracked that down as well, but one reason to be lenient perhaps is that he was writing before everything was available on YouTube, and was probably just going on memory, which is easy to unintentionally embellish over the years. Thanks for the link to the article of responses - looks interesting.
If you liked that piece, you will like David Foster Wallace's other piece on tennis as well [1]. It discusses how difficult it is to make it as a tennis pro.
> Surely the religious leadership is not happy with that.
Hindu religion is not like Catholic Church. Unfortunately, in such issues, it is very fragmented and 'decentralized' with multiple different sects, castes, pontiffs etc.
Uttar Pradesh, where Ganga mostly flows has a lot of water heavy low-tech businesses. Leather tanneries is the first thing that comes to my mind. Illiteracy doesn't help either.
Things are changing. Ganga in Varanasi and a few other areas are much cleaner in the last couple years than they have been in the past!
However, there is a system that is evolving to generate returns for your open lightning network channels. They do generate small amount of returns. [0]
Most people bought during the peak, that's why it was a peak.
As any other pyramidal Scheme the only way to win is to be there first. Later on you are just trying to put other people into the scheme to regain some losses.
No, OpenVDB solves the completely unrelated problem of keeping huge volume data sets in memory for efficient monte carlo sampling. This ray strip paper deals with tiangulated surface meshes, which are completely unrelated data structures in an unrelated domain (2d surfaces embedded in a 2d domain versus a discretely, regularly sampled 3d function).
