BITCOIN: ALT COINS are OT ₿ and rug-pulls are to be expected

Wednesday, May 31, 2023

https://www.coindesk.com/business/2023/05/22/bitcoin-pizza-day-turns-sour-as-meme-coin-shysters-profit-over-200k-in-rug-pulls/?utm_medium=referral&utm_source=feedly&utm_campaign=headlines

Finance

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

  • Meme coin traders poured capital into several pizza-related tokens on Monday as rug pulls put a dampener on the anniversary of the first purchase made with bitcoin.

By Oliver Knight  — May 22, 2023 at 11:24 a.m. EDT

*** begin quote ***

Bitcoin Pizza Day has taken a negative turn, with meme coin issuers profiting over $200,000 from pizza-related rug pulls on the 13th anniversary of what’s thought to be the first commercial bitcoin transaction.

According to data from dextool’s “live new pairs” section, there has been 14 pizza-related meme coins issued in the past 24 hours. Four have been confirmed as rug pulls, or schemes in which money is stolen from investors through any of a number of techniques. And at least five others are suspected of being so-called honey pots, in which an asset can be sold only to the contract creator, and purchasers are left holding tokens they can’t get rid of.

Bitcoin Pizza Day is marked on May 22. It dates back to 2010, when computer developer Laszlo Hanyecz bought two pizzas for 10,000 bitcoin.

*** end quote ***

Hard to imagine that these sheep don’t get shorn.

And imagine paying for two pizzas with 10,000 bitcoins.  Unimaginable lack of foresight!

HODL.

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INTERESTING: Goodhart’s Law — never ehard of it

Tuesday, May 30, 2023

https://builtin.com/data-science/goodharts-law

How to Mind Goodhart’s Law and Avoid Unintended Consequences

  • One of the first steps to solving a problem — data science or otherwise — is determining the right metrics to gauge success. Choose wisely.

Written by Will Koehrsen
Published on Oct. 19, 2021

*** begin quote ***

What Is Goodhart’s Law?

Goodhart’s Law is expressed simply as: “When a measure becomes a target, it ceases to be a good measure.” In other words, when we set one specific goal, people will tend to optimize for that objective regardless of the consequences. This leads to problems when we neglect other equally important aspects of a situation. 

*** end quote ***

Hmmm, I never fell into that trap.

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VETERANS: Memorial Day is a day to ask why are we creating more Gold Star families?

Monday, May 29, 2023

http://www.legiontown.org/ownwords/10760/remember

Remember

The freedom we share is surely not free.

It’s paid with lives given for you and for me.

All the brave that have fallen, at air, sea and land.

So we remain free and our Nation may stand.

Let us keep in our hearts, remember always and today.

All of those who just for us, their own lives gave away.

Author, Tom Wigington

# – # – # – # – # 

I echo Former Republican Congressman Ron Paul spoke out Sunday afternoon at the “Rage Against the War Machine” rally in Washington DC, where he suggested that ways to end the wars could include the abolition of the Federal Reserve and having 18-24 year olds vote on the wars.

“WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.” –Major General Smedley Butler

Old men send young boys and girls to die for unfathomable reasons.

“End the Fed” which feeds the War Machine.

Sadly.

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GUN: Five agian one victime demonstrates the need for a gun at the ready

Sunday, May 28, 2023

https://www.breitbart.com/local/2023/05/23/maryland-father-killed-protecting-his-son-from-bullies/

Maryland Father Killed Protecting His Son From Bullies
Elaine Mallon  —  23 May 2023

*** begin quote ***

A Maryland father is dead after three teens and two adults showed up at his house on Friday demanding to fight his 14-year-old son.

The fight first broke out at Brooklyn Park Middle School, and the gang reportedly came to finish it at Christopher Michael Wright’s house, WBLA TV reported. The 43-year-old told the assailants that his son would not be going outside to fight them. Wright’s fiancée, Tracy Karopchinsky, said the group threatened to come inside and take him. She heard the group tell her fiancé that he had to go outside and fight in his son’s place.

His three children were all home at the time, and a neighbor’s video camera caught the incident on camera.

Wright suffered a traumatic brain injury.

*** end quote ***

“Better to be judged by 12 than carried by 6.”

Maryland is a gun control state and look how that worked out for the poor dad.

Time to send all five to jail for a long long time for murder.

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RANT: Yet Another “Unfair Labor” practice?

Saturday, May 27, 2023

https://ritholtz.com/2023/05/tip-demands-inflation-higher/

POS Tip Demands Are Driving Inflation Higher
May 22, 2023 10:00am by Barry Ritholtz 

*** begin quote ***

 If you leave a few singles in a jar by the register, you assume the recipients are the staff who work there. We have no idea where the Square POS tips go. Recall Doordash and other weasels pocketing driver tips during the pandemic (we should make sure that’s not happening here). All POS tip demands should be mandated to show a disclosure as to where the money goes — and both Square and the retailer should be on hook if it does not go where advertised.

*** end quote ***

I remember first seeing this at Olive Garden when they first mandated that all Users paying by credit card use their POS (point of sale which happened to be a Piece of <synonym for excrement>) device.  It automagically “suggested” 18% “tip”.   I had no idea but a sneaky suspicion that this was not on the all up and up.  So I always tipped in cash  — and not 18%.  After all I was now doing some of the work and we used to get thin mints with the receipt.

It would seem that “tipping” needs to be disclosed.  Who gets it and how much does the server have to “tip out” to others.  I’m most concerned that this is nothing more than a “DoorDash” price increase.  

Argh!

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GUNS: When seconds count, the police are late to the scene

Friday, May 26, 2023

https://nypost.com/2023/05/21/man-is-brutally-attacked-by-mob-of-cyclists-in-downtown-la/

 Video shows man brutally attacked by mob of cyclists in downtown LA

By Ronny Reyes 

May 21, 2023 6:21pm

*** begin quote ***

A man driving a pickup truck was pummeled by a group of young bicyclists during a broad-daylight attack in the downtown Los Angeles jewelry district.

Video footage captured the moment the victim was knocked to the ground by a group of people who stomped and kicked him ruthlessly near Hill and 6th Street on Thursday.

A witness said the fracas started when the cyclists claimed the man struck one of their bikes.

The victim, who has not been identified, covered his head as the assailants delivered brutal kicks.

A group of local jewelers quickly arrived and yelled at the group to stop.

One bystander could be seen removing his belt and whipping it around to scare off the cyclists. 

*** end quote ***

One msn versus a number of thugs; how to even the “playing field”?

And, the police arrive after everyone has left.

If the victim had been armed, then the incident probably would have never happened.

And if the attackers were shot at, shot, wounded, or (heaven forbid) killed, then I am sure we would see the victim prosecuted and the attackers lauded as “good little children”.

Argh!

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NEWJERSEY: Did Murphy swear to protect and defend the Constituion?

Thursday, May 25, 2023

https://www.breitbart.com/politics/2023/05/17/nj-gov-murphy-well-defy-scotus-to-save-lives-if-they-rule-against-abortion-pill/

NJ Gov. Murphy: We’ll Defy SCOTUS ‘to Save Lives’ if They Rule Against Abortion Pill
Ian Hanchett  — 17 May 2023

*** begin quote ***

On Wednesday’s broadcast of MSNBC’s “Katy Tur Reports,” New Jersey Gov. Phil Murphy (D) stated that prescribing abortion pill mifepristone in defiance of any Supreme Court ruling against the drug is “on the table,” and that such a ruling will “cost people’s lives, women in particular, sadly. And so, if that’s what’s at stake, we’ll do whatever it takes to save lives.”

Host Katy Tur asked, “Is there anything you can do as a Governor if mifepristone gets struck down by the Supreme Court?”

Murphy answered, “Oh my Lord. I listened to your reporters talk about some of the positions these judges in New Orleans are taking. We’ve gone to the CEOs of both Walgreens and CVS to make sure that we had unencumbered access. We have considered a bulk acquisition. We have clearly joined in legal action as an amicus matter. Everything is on the table, and please, God, it doesn’t come to that, but we will continue to fight it like heck.”

*** end quote ***

Hitler once asked: “How many division does the Pope have?”

SCOTUS has decided that abortion is NOT a Federal issue.  Does Murphy object to that decision too?

So the question asked but unanswered is: When does life begin?  The follow up question is: When does a human being get the rights that our civilization, society, State, community, or person guaranty?  

Is it at conception, when they have a heart beat, perhaps when they can survive outside the womb, or as one Libertarian suggested when they can fight and take them?

I don’t know.  But as in most moral questions, as a fat old white guy injineer, I’d draw the line where it appears to be most clear: either maybe at conception or definitely at birth.  All the other lines seem arbitrary.

That’s my opinion.  And I really don’t care what the politicians and bureaucrats think about it.

FWIW!

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TECHNOLOGY: Give a smartphone too young and you can hurt the youngster?

Wednesday, May 24, 2023

https://www.ft.com/content/da7bd5c6-1d29-4c40-8578-05966b84346b

FT Magazine Mental health

A decade on, I still wonder if I was wrong to give my daughters a smartphone

  • New research links young people’s worsening mental health to the age they received their first phone

Gillian Tett 

*** begin quote ***

Either way, Haidt thinks there is “a classic collective action problem” making it difficult for parents or schools to impose controls or limits on phone use without “centralised norms”. He thinks, say, that schools should ask kids to leave phones in lockers while in class, but knows that parents might object since they worry they cannot “reach their child if something happens, like a school shooting”.  There are small signs of hope. In Texas, a “Wait Until 8th” grade movement has emerged, with more than 45,000 families signing up. And norms do shift, though as the history of tobacco shows, it took decades even with hard evidence of the damage done by cigarettes.  If you have young children, brace yourself for the battle ahead. If only some genius entrepreneur would invent a dumb cell phone that would appeal to kids but without the addictive lure of the internet. That would be real tech innovation. 

*** end quote ***

This reinforces some concerns that my significant other has for her grandson.  It is addictive.  And, she does limit “screen time”.   I wonder how this all works out in the end.  Seeing other children in restaurants locked into tablets, I can understand her concerns.  I used to think “what harm can it do”; I watched a lot of TV when I was a kid.  Maybe it warped me?

YMMV FWIW

Very provoking article.

—30—

 

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RANT: A Leftist college professor demonstrates how to be “stupid”!

Wednesday, May 24, 2023

https://nypost.com/2023/05/22/nyc-hunter-college-professor-cursed-out-anti-abortion-students-tabling-at-school/

 NYC college professor cursed out anti-abortion students tabling at school
By Allie Griffin  —   May 22, 2023 11:39pm

*** begin quote ***

A Manhattan college (NB: not manhattan.edu) professor flipped out on a group of students who set up an information table opposing abortion inside the school building — cursing and tossing their pamphlets, video of the interaction shows.

Shellyne Rodriguez, an adjunct professor, told the pro-life students they were “triggering” her students by tabling inside Hunter College in Manhattan earlier this month.

The footage was posted to Twitter by Students for Life of America.

“You’re not educating s–t. This is f–king propaganda,” the art professor told the students tabling on May 2. “What are you going to do like anti-trans next?”

A male student behind the table calmly told her, “I mean no, we’re talking about abortion” and said he was sorry about “triggering” her students.

Rodriguez claimed their demonstration was “violent” and yelled at the male student behind the table that he wasn’t sorry “because you can’t even have a f–king baby,” the video shows.

*** end quote ***

This is secular “higher” education.  

How can you reason when the Leftists refuse to keep the peace?

Disgraceful and un-American.

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RANT: DEFUND the NIH

Tuesday, May 23, 2023

NIH has reinstated the Eco-Health Alliance grant to resume controversial bat research

The following is an excerpt from Nature. The US National Institutes of Health (NIH) has reinstated a grant to a highly scrutinized research organization that studies bat coronaviruses — but the agency has placed several stipulations on the scope of the research and on the organization’s accounting practices. The move caps a years-long saga that has thrust

# – # – # – # – # 

Are you kidding me?  Have these people no shame?

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