As opposed to a private for-profit company run by friends of the people in government?

Musk was upset that his control over the company would be ceded to a broader pool of public investors. He’s got no problem with privatization and securitization when it fattens his wallet.

He’s appointing the next Fed chair as we speak. We’re a bit past feeling squeamish about what Trump controls.

The longest portion of the offering, a 40-year bond, is expected to yield 0.95 percentage points over US Treasuries, down from 1.2 percentage points during initial talks, the people said.

Gotta be really bearish on treasuries to consider this a good idea.

Traditionally, you need to find someone to loan you money with the bond as collateral. Then you promise that person the bond as repayment of the debt + interest, with the expectation that you can re-buy the bond at a future date for much less than you could today.

Interac is non-profit.

OpenAI started out as non-profit. Quite a few health insurance companies (Blue Cross Blue Shield, for instance) are organized as non-profits.

shrug

Still, talking to vendors, it sounds like the fees are quite low, and I try to pay debit when it’s a small business.

Sure. All good when it works for you. But this isn’t some kind of wholesale replacement for Visa that doesn’t run the obvious risk of becoming Visa 2.0 (or whatever X.0 iteration of credit card companies we’re currently on).

It’s transactions at the scale of a continent rather than a household or a business. Hardly unfathomable. Just bigger.

Great if you don’t mind a wallet overflowing with loose change.

Crazy that we don’t have a public sector payment processor, though. You’d think we could have a Generic Card tied to a public bank that handles electronic payments efficiently. But it’s been over 40 years since we began consumer grade electronic transactions and its still entirely within the scope of the private sector.

I can’t compete with my Grandmother’s deep fried Minions memes

What is teenager lock?

Discord locks your account to the security level considered appropriate for a teenager.

Or just get bought out. Discord was supposed to be the answer to Twitch getting gobbled up. Then Microsoft gobbled Discord.

Does anyone seriously believe there’s an indie third party social media site immune to a multi-million (possibly even billion) dollar buyout offer? One that won’t go the way of TikTok and be legislatively forced into sale?

I mean, let me know when it does. I’ll hang out with the Teenager Lock enabled and keep my biometrics to myself.

But there’s no point changing social media ecosystems if nobody I know is in the new site.

Okay, but if we post this shit it gets upvotes. And I crave online attention and validation.

The fact that nobody watched the damned thing but everyone seems to want to talk about it should say something about the state of American politics.

54% topping out at a 6th grade reading level.

I’ve seen this stat floated a thousand times, from the same single source.

I’ve yet to have anyone lay out what 8th grade reading level statement 54% of the population can’t understand.

I fully expect personal computers to be phased out in favor of a remote-access, subscription model

I wouldn’t hold my breath.

If this continues people will struggle to do any meaningful work on their personal computes

Excel users devestated.

Brother, we’re up to trillionaires now and they don’t seem like they’re going anywhere.

Easy enough when they’re not selling