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GumboPot
| Favorite team: | Georgetown  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 132581 |
| Registered on: | 3/3/2009 |
| Online Status: | Not Online |
Recent Posts
Message
re: Hispanic Texas woman stands up to Hamas crowd & screams "Islam is the religion of rape"
Posted by GumboPot on 4/29/25 at 9:32 pm
Tulane grad and I believe she was an NCAA swimmer for the Green Wave.
0
re: Hamas continues to starve Gazans
Posted by GumboPot on 4/29/25 at 8:14 pm
This is a genocide.
re: J. Peterson is being driven crazy by the Christian phrase “Christ is King”.
Posted by GumboPot on 4/29/25 at 7:52 pm
TBH, this issue is blown way out of proportion IMO. Candace, Jordan and Ben agree on 90% of the issues. However the biggest issue that is dear to Ben’s heart is Bibi’s foreign policy. Candace is not aligned with Jordan, Ben or any of the DW characters (Michael and Matt are quiet about it) with their support of Bibi and the American tax payer dollar going to Bibi’s cause so they want to shut her up. Why? Because if Candace persuades enough people that sending American tax payer dollars to Bibi ain’t cool those people might start complaining to their representatives to cut Bibi’s project funding. They don’t want that. American tax payer dollars are vital to Bibi’s big projects.
re: 11 shot and 1 dead in Myrtle Beach mass shooting over the weekend. No news coverage.
Posted by GumboPot on 4/29/25 at 5:03 pm
Define "mass shooter"?
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:26 pm
quote:
Imagine you sell a car for a whole bit coin valued at 50k. Next month a bitcoin is worth 45k.
See the problem?
You are comparing it to the dollar.
If you sell a car for 0.5 BTC you can probably buy the car back next year for 0.4 BTC.
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:24 pm
quote:
All the stablecoins end up having the same issues as USD,
Because stable coins like Tether are apparently backed by U.S. Treasuries.
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:23 pm
quote:
It is astounding to me that anyone can think that crypto wouldn't have the same exact problems as fiat currency if it became mainstream. Its just dudebros trying to be edgy and getting high on their own farts.
A lot of them got rich off their own farts too. :lol:
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:20 pm
quote:
The velocity of money would grind to a complete halt and frick the global economy
"They" (crypo proponents) say that XRP is the solution. Apparently its easier to mine (if that's the correct term) and the gas fees are very cheap.
But the problem with XRP is that Ripple continues to "print" more so it has the same inflationary problem as the U.S. dollar.
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:02 pm
quote:
Not sure what's going on now, but Biden admin didn't like it and were trying to make things difficult for Bitcoin.
IDK what is going on either but I do know the gas fees for BTC transitions make it cost prohibitive for small purchases. I love the idea of BTC but it seems like it still remains impractical for everyday transactions.
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 4:00 pm
Yeah. Gold is a pretty good hedge against inflation because it's hard to increase the supply of gold.
And again, basic economics...when you keep the supply of currency static and the supply of goods increase as it naturally happens in all economies prices decrease which is good for the people but bad for the banks.
And again, basic economics...when you keep the supply of currency static and the supply of goods increase as it naturally happens in all economies prices decrease which is good for the people but bad for the banks.
re: Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 3:57 pm
quote:
Imagine wanting it to be that way
Why wouldn't I want it easy to use? And by easy I also mean cheap. I don't mean buying an Icee for 0.0000315789 BTC and the gas cost 0.00003 BTC. That's not easy.
Crypto bros., why isn't Bitcoin more widely used?
Posted by GumboPot on 4/29/25 at 3:54 pm
I mean, it seems like a perfect solution to Federal Reserve devaluing our currency. If we had a static supply of currency like Bitcoin deflation is a lot more likely than inflation because in general as the supply of goods increase with a static currency the price of goods decrease.
I love the idea of Bitcoin.
But how does it go mainstream?
How can we make buying an Icee at your local convenient store with Bitcoin easy?
Bitcoin's biggest problem is its use case. How can it be made easier to use?
I love the idea of Bitcoin.
But how does it go mainstream?
How can we make buying an Icee at your local convenient store with Bitcoin easy?
Bitcoin's biggest problem is its use case. How can it be made easier to use?
re: Paul Mainieri: 'I just underestimated the strength of the conference’
Posted by GumboPot on 4/29/25 at 3:23 pm
In the NIL era USCe needs to spend money on talent like every SEC school.
re: Who does your football coach look like
Posted by GumboPot on 4/29/25 at 3:16 pm
re: Prime Minister of Singapore is live now talking global trade relations and history of U.S.
Posted by GumboPot on 4/29/25 at 3:01 pm
quote:
Maybe listen to the speech and not depend on buggy AI to figure out things based on tweets from X
I would listen if I could. I'm currently not in a position to listen.
re: Prime Minister of Singapore is live now talking global trade relations and history of U.S.
Posted by GumboPot on 4/29/25 at 2:59 pm
quote:
Jesus dude
The speech is live right now
There was a reason I aske specifically Grok. Grok has direct access to the X database and searches through real time tweets to get a real time assessment.
re: Prime Minister of Singapore is live now talking global trade relations and history of U.S.
Posted by GumboPot on 4/29/25 at 2:56 pm
I asked Grok about Lawrence Wong ending trade ties with the U.S. and here was its reply:
quote:
Despite some sensationalized posts on X claiming Singapore might “end trade ties” with the U.S., there is no credible evidence from official statements or actions to support this. Wong’s speeches and policies focus on adaptation and resilience, not severance. For example, he has highlighted the historical success of the U.S.-Singapore FTA, which has tripled bilateral trade and supported 270,000 U.S. jobs, indicating a desire to preserve beneficial aspects of the relationship.
re: American woman moves to Africa to “escape racism”, things don’t work out
Posted by GumboPot on 4/29/25 at 2:49 pm
Nooooo. Don't come back. :banghead:
re: Prime Minister of Singapore is live now talking global trade relations and history of U.S.
Posted by GumboPot on 4/29/25 at 2:29 pm
quote:
Prime Minister of Singapore is live now talking about ending trade ties with the U.S.
Is he really saying he wants to end trade with the U.S.?
re: BINGO – Longshoreman Union Announce Opposition to President Trump’s Tariff Program
Posted by GumboPot on 4/29/25 at 2:27 pm
quote:
The problem with the tariff approach is that it doesn't make sense to do it before you have the supply chain logistics worked out internally
The tariff approach is to allow the market to map a new supply chains.
quote:
That would require an extensive amount of government subsidies
This is what China and some other trading partners do that makes it difficult for American businesses to compete.
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