221 karma · joined April 8, 2014
(Granted those examples are from the 80s but i would think there are more recent examples…)
Milken was prosecuted by Rudy Giuliani which didn’t hurt Giuliani’s career, but Rudy was a US district attorney or something, not SEC
Agree with your sentiment generally though, seems like a boatload of people could have been put away after the financial crisis but they instead profited from bailouts
I was just dismayed to see the story sink so fast (but I get it now) — the article involves an interesting discussion of how scientific consensus is represented in the media and how it relates to social media, which seem like very HN-friendly topics… shame that so many are eager to flag something like this based on (as seems likely) some sort of forbidden-topic litmus test
And maybe is still getting suppressed? This post was #1 on HN one minute, and then, less than an hour later, it's down on page 3, ranked #88. Does the HN ranking algorithm really bury stuff that quickly?
So you're speculating that the world's richest man (give or take) risked a felony conviction by running an illegal Dogecoin pump-and-dump scheme? Is that right?
I'd wager that Musk's Doge-pumping buffoonery is more of a hobby than a revenue-generating side gig. If he ends up in federal prison, It'll be for cooking Tesla's books.
Guess what? It's totally fine and valid to criticize private entities even when their conduct is perfectly lawful.
Thought experiment: imagine eBay and Amazon started to promote Neo-Nazi literature on their home pages in the same way that they now promote anti-racist books and such. What would be the appropriate response: outrage, or "bUt iTs a pRiVaTe cOmPaNy!!!"?
But it's always kind of vague what is fundamentally different about this imaginary, perfected version of bitcoin. Is it the block size, i.e. Bitcoin Cash is really the ideal bitcoin? Seems highly debatable, but anyhow, the block size is a debate about tradeoffs between centralization and throughput rather than an obviously embarrassing decision. Or is it more about the issuance schedule and supply cap?
Generally, if the current bitcoin is an embarrassing beta version that we're stuck with due to network effect, what does the better bitcoin look like? Does it exist already? That seems like a more interesting conversation than a meta-discussion about why we're stuck with this "dumb beta version" or why bitcoin maximalists are so mean.
I have heard of fecal transplants being effective administered orally via capsule. Though that might be a bitter pill to swallow, I might prefer it to the other route...