jdeath

joined 1 year ago
[–] [email protected] 17 points 1 year ago

Somebody was doing a little trolling

[–] [email protected] 1 points 1 year ago (1 children)

Perhaps also interesting is the fact that a loan never happens.

Instead, a contract is sold. The contract is for an option to buy (or sell) 100 shares at a certain price (strike).

So there is no loaning of shares, really. But the seller of an options contract has the obligation to sell (or buy) the shares at any time until the contract expiration date.

Sometimes, market participants borrow the shares instead of owning them. This is what I consider the shady part. Certain participants get a long time to "locate" the shares and are given a lot of leeway to do so. Often in the name of liquidity, they will just sell contracts without even going through the trouble of borrowing shares. They are allowed to if they believe they can locate the shares later.

This entire process allows for certain parties to basically create infinite shares from nothing. Believe it or not, this often gets abused. Money is basically siphoned from public companies in order to enrich Wall St.

When the stock price moves too much, which would put the stock counterfeiters at risk of insolvency, trading is halted.

[–] [email protected] 1 points 1 year ago (1 children)

AKA welfare for corporations

[–] [email protected] 2 points 1 year ago

Starlink is an amazing service tho. I have it just for backup when the main internet goes down. Insanely useful service for working from home

[–] [email protected] 1 points 1 year ago (2 children)

I'm working on that feature as an enhancement to my app Bongo. Right now Bongo just makes sharing songs/albums easier across services. I still need to add more options.

[–] [email protected] 2 points 1 year ago (5 children)

As soon as I saw the words “powered by the sun” in the synopsis, I knew what this was. I learned this during survival training, it’s a great way to turn piss (or any other undrinkable water) into clean water. And yeah, all you need is some plastic and a cup. Let the water evaporate (power of the sun) and collect the droplets in something. Had no idea that needed a science paper.

Here’s the problem with desalination, tho: what do you do with the leftover super-brine? It’s pretty gnar stuff, like almost poison. Wide-scale desalination would produce tons of it every day. Most solutions i’ve heard are like “just dump it back in the ocean!” Which, yeah, how could that ever go wrong?

[–] [email protected] 10 points 1 year ago (2 children)

just give them the phone number 867-5309. has always worked for me!

[–] [email protected] 3 points 1 year ago

free if you went to the roblox conference 🤮

[–] [email protected] 18 points 1 year ago (6 children)

correct me if I'm wrong, but literally the first 3nm computing devices to land in consumer's greedy paws. 12-atom wide transistors. what a SLAP IN THE FACE

[–] [email protected] 0 points 1 year ago (1 children)

anarchism is dope of course but we basically need to evolve as a society before it could happen. you can't really impose anarchism top-down like you can with statism. so i think a majority of people would have to want it first. and that's the hard part, because most people seem to be incapable of imagining living without masters.

[–] [email protected] 1 points 1 year ago

this is the way

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