They have all of Epstein’s recordings.

So that a reason can be given to not enrich further.

it makes it trivialize easy to issue any number of tokens (trillions? quadrillions? 2^64?) and then trade with them.

These are all fully visible. Gift cards we have no way of knowing how many there are.

Gift cards still have the limitation that you need a network to accept them,

Same with tokens. Only certain people will redeem certain tokens.

and they are commonly understood in accounting practices so retailers need to account for them.

Public blockchains are a triple ledger system. They are self accounting

How can we be sure that some random stablecoin is really backed by currency 1:1 like they claim?

Great question. Same with gift cards. Same with bonds.

The largest stablecoin in use today is Tether, which claims to have over $100B in circulation, all “backed 1:1”. But every audit they have released has been deficient in some way.

Oh yes. I wouldn’t touch Tether with a 12ft pole. I’m not saying stablecoins are good. I’m saying they are no different to what currently exists.

Yes. Gift cards is probably a better analogy.

My main point is that this sort of thing isn’t new. The crypto part is a distraction.

These are called defined benefit pensions.

bill allows bank subsidiaries and big tech companies to issue their own stablecoins.

These are usually called corporate bonds. What is the fuss?

Take the same approach as home schooling. Community comes from engaging in other activities.

TTAM later said it had obtained backing from a “Fortune 500 company with a current market capitalization of more than $400 billion and $17 billion of cash on hand.”

That’s not at all concerning.

Bondholders are having a haircut.

Did he want a high BMI or a low BMI?

There are definitely clubs. Harvard clubs, Mckinsey clubs, Goldman Sachs clubs, masons rotary clubs.

But only people who did MBAs together are in the same club. The qualification means next to nothing, only the specific personal connections made.

I think I saw a video where the show runners admitted winging it after the first few seasons.

This doesn’t ring true. How are you defining this homogenous class?

I’ve witnessed some awful management consultants.

The only thing diferentianting them from Apple now is the pricing, which hasn’t reached outrageous levels ( yet ).

Software is priced at Apple levels.

The MBA class is much more endangered than developers. Power point slides, project plans, strategy reviews are all well within a LLMs capabilities.

Why hire an MBA when chatgpt produces x10 quality & volume at a fraction of the cost.

Heat is directed into the 8th dimension.

I have one in my car, but the glovebox is where things get forgotten.

Maybe a small Swiss Army knife would be a good investment.

You get banned for random views though. In particular lemmy.world is heavy on the censorship.

If lemmy gets more popular then corporate influenced mods will appear.

I understand the logic, but I’ve never been in a situation when I thought “I wish I had a pocket knife”