id

It's not a misunderstanding. I'm also happy for complete strangers. Jeff Bezos is enjoying his Amazon money? Great for him.

Also, I can't relate to feelings of shame or inadequacy because someone has something good happening to them. If anything, it motivates me to achieve the same.

Yeah, but you changed the thought experiment from neighbourhood to "everyone in the world". This obviously would have a much, much bigger impact on my relative wealth.

And even then, the economy is not a zero-sum game. It is possible to become wealthier without making others poorer. If I get healthcare, it doesn't mean that someone else needs to be denied healthcare.

>that "good feeling" is mostly a lie

I meant good as in "hey, that's great for them", not as in "I'm so happy I can't stop smiling".

>because we should not care about it

If people truly didn't care, they wouldn't go on social media or read the news.

Yes, because if they made less money, it wouldn't help me at all (it could even hurt me because then they have nothing to share). In difficult personal situations, it has often helped me to know that at least others have it better.

It's definitely not "human nature" to feel envy towards your friends and family, unless you have been wronged by them.

You can compare yourself and enjoy the success of someone else.

But even when it comes to acquaintances, when I hear about their great new job or vacation, I don't feel envious or bad. I compare myself to other people, yes, and of course I'd like to have some of the things I see, but not to the point that I would feel bad. Does every story about someone being successful make you feel bad? I doubt it, as that is not my personal experience at all.

If other people find their ideal job, have a tropical vacation, etc. it makes me feel... good? Those are good things in general, although the tropical vacation might make me also feel concerned about the climate.

The problems I have with social media are that

- it steals a lot of time

- a lot of content gets me by evoking negative emotion

- it's taxing to get exposed to so many different ideas, clips, heated discussions, etc. Makes we wanna throw away my phone and live in the woods

Even if it goes below $10k, that would be normal price action for Bitcoin. It would start to get interesting if it goes below $1k.

Similar or worse drops happened in 2016, 2017, 2018, and 2020. In other words, business as usual for Tether.

Maybe there aren't that many no-slack full-time technical jobs.

You might not realize it, but you are giving credibility to decentralized currencies with this comment.

Why only 80%? Why not 100%?

Assuming by country you mean the US, just being born there is already incredible luck. I have no idea what you're talking about really, there will always be people with less "luck". I work very hard, consider myself very lucky in general, but also unlucky in some aspects. And hell, I can't afford a home either, but I'm okay with that because I don't expect society to hand me one.

Technically, stocks are also just some bits somewhere. Ownership in general is just an agreement. If you own a house, it's only really yours as long as people agree that it's yours and respect your ownership.

A lot of economic activity is exactly that. Look no further than the big tech companies...

Are you also bitter about people who win the lottery or in a casino?

I never asked anyone to take risks, and buying into unproductive assets is usually not a good idea. Neither is gambling. But holding this kind of resentment will eat at you. If other people get lucky, you should be glad, not hateful.

Bitcoin is a bubble, but their 500k salary with bonuses is not. Go figure.

There are also those of us who played with Bitcoin when it emerged, found it promising and mined it or bought some. Who took some profits along the way and never promoted it. Who still think it's a useful concept, _despite_ the hype that gets too much at times.

For what it's worth, you seem consumed by your envy. Accept that crypto investors, even the most stupid ones, took a risk you didn't take and were rewarded handsomely.

It was almost impossible to be alive in 2017 and not learn about crypto (and also watch it tank).

The problem with Tether is that for all we know, it could be completely unbacked and therefore worthless.

Isn't he already?

"Crypto Andys" already know this, the crypto community has been deeply distrustful of Tether since its inception.

It's already back to $1. But sure, every volatility in any shitcoin (even crypto bros make fun of USDT) must mean Bitcoin is being "extinguished".

But then I need two phones. Why?

You know, medical emergencies are a thing. You could always come across someone that needs help.

Is it good to not care?

There are senior developers making less than 30k euros in Europe. $400k is absolutely unheard of. Not even CTOs make that much!

US stocks are traded on foreign exchanges. Even if you insist on buying on a US exchange, the currency conversion is not very expensive. If you're a buy and hold investor, it won't matter at all.

>A man doesn't even get sex for the money.

What makes you think paying for Tinder gold entitles you to sex?

>you'd have to explain going beyond, say, 4 weeks

This is less than the PTO mandated by law in many European countries. Hardly unlimited.