Confirmed with Link: Senators are for sale - and it’s a Gong Show

[Relapsing]

This is simply not true. Clearly you don't understand crypto and NFTs. Yes there is a lot of dirty stuff in that space but to label the entire field of crypto and NFTs as pyramid schemes and just gambling is unfair and not true.

Don't even need to need to get into the pyramid scheme stuff. Crypto is just an insane waste of resources. The power generation to sustain a platform that people use for pyramid schemes is utterly ridiculous.

 

[Micklebot]

Don't even need to need to get into the pyramid scheme stuff. Crypto is just an insane waste of resources. The power generation to sustain a platform that people use for pyramid schemes is utterly ridiculous.

I haven't been following close enough to know how well it turned out, but the energy consumption issue stems from the proof of work system blockchain uses to validate transactions. I believe Etherium moved to a proof of stake protocol which was supposed to greatly reduce the energy consumption, There are different issues with proof of stake protocols from what I understand, but this all gets a bit away from the subj of this thread so I'll leave it there.

 

[Tnuoc Alucard]

I'm thinking you don't understand what fiat currency is... would it help if we just replaced "fiat" with "government issued Digital currency" so you can answer his question? Because in this case, the digital currency would be a fiat currency that just happens to be digital instead of physical.

Digital Tyranny: Beware of the Government’s Push for a Digital Currency | By John & Nisha Whitehead

No matter how much money the government pulls in, it’s never enough, so the government has come up with a new plan to make it even easier for its agents to seize Americans’ bank accounts. Make way for the digital dollar.

www.rutherford.org

 

[Mingus Dew]

Don't even need to need to get into the pyramid scheme stuff. Crypto is just an insane waste of resources. The power generation to sustain a platform that people use for pyramid schemes is utterly ridiculous.

How much energy is needed to run the conventional banking industry?

I'm not a crypto die hard but this argument is lazy.

Bitcoin: Cryptopayments Energy Efficiency

Bitcoin introduced a cryptographic peer-to-peer version of money that allows online payments to be sent directly from one party to another without going through

papers.ssrn.com

 

[Micklebot]

Digital Tyranny: Beware of the Government’s Push for a Digital Currency | By John & Nisha Whitehead

No matter how much money the government pulls in, it’s never enough, so the government has come up with a new plan to make it even easier for its agents to seize Americans’ bank accounts. Make way for the digital dollar.

www.rutherford.org

I'm not sure how much weight I should put behind a fundamentalist christian activist group masquerading as a civil liberties group (that's a lie, I'm pretty sure about how much weight I should put there). but generally speaking that article reads like a 4chan conspiracy theory...

 

[2CHAINZ]

Don't even need to need to get into the pyramid scheme stuff. Crypto is just an insane waste of resources. The power generation to sustain a platform that people use for pyramid schemes is utterly ridiculous.

Rofl, doubling down on not knowing anything I see.

 

[Knave]

Oh boy. We got a bunch of crypto people on this board.

But yeah, clearly people critical just "don't understand'.

I met the same argument with analytics people. But what do I know, I just spent years studying statistics, economics and finance at university and now use it frequently in my work.

 

[Mingus Dew]

Oh boy. We got a bunch of crypto people on this board.

But yeah, clearly people critical just "don't understand'.

I met the same argument with analytics people. But what do I know, I just spent years studying statistics, economics and finance at university and now use it frequently in my work.

There are good arguments against. The furtherance of crime and money laundering point is a good one.

Energy consumption thing is dumb though. As is “it’s all just a rug pull”.

 

[Relapsing]

While crypto consumes a fraction of fiat currency consumption, the hard truth is bitcoin alone still consumes as much energy as Norway annually. It's not a zero sum, and it's not insignificant. Energy consumption is 100% a valid criticism of the platform.

 

[Neil Patrick Harris]

Oh boy. We got a bunch of crypto people on this board.

But yeah, clearly people critical just "don't understand'.

I met the same argument with analytics people. But what do I know, I just spent years studying statistics, economics and finance at university and now use it frequently in my work.

Careful. With talk like that, Neko Sparks might not let you join his bid.

 

[Mingus Dew]

While crypto consumes a fraction of fiat currency consumption, the hard truth is bitcoin alone still consumes as much energy as Norway annually. It's not a zero sum, and it's not insignificant. Energy consumption is 100% a valid criticism of the platform.

But isn’t the relative efficiency of the platform the more relevant measure? Seems like if we could reallocate some portion of the world’s financial system to BTC we’d reduce overall global energy consumption.

I don’t know much about it but it seems like Lightning will improve BTC’s energy efficiency as well, not to mention any other technological advancements can come out of the space moving forward.

 

[2CHAINZ]

Oh boy. We got a bunch of crypto people on this board.

But yeah, clearly people critical just "don't understand'.

I met the same argument with analytics people. But what do I know, I just spent years studying statistics, economics and finance at university and now use it frequently in my work.

I said someone doesn't understand so I assume this is directed at me. If you agree all of crypto is nothing but a ponzi and gambling I would like to hear your reasoning.

 

[Philadelphia Collins]

Lost a lot of respect for Ian Mendes the way he just eats up and regurgitates the PR that Neko Sparks group has been spewing. “I can’t say anything until all the offers are finalized” meanwhile other people who don’t work for a subscription sports site are doing some investigating into the shadiness of this crypto guy

Stick to the non-stop fan mailbags on the Athletic

 

[Sens of Anarchy]

 

[BondraTime]

You mean to tell me Donovan Bailey and his 3 million net worth isn’t going to impact the decision?

 

[MMC]

 

[Senscore]

Rich guys do tend to be pretty confident

 

[Sun God Nika]

If he is the 1 billion dollar bid I am fine with it I guess

 

[Butchy Dakkar]

Feels like the Neko group is trying to negotiate in public. “If you say no to us you are saying no to black/aboriginal people” type feel.

I figured RR was too good to be true. Now it’s a circus but ultimately they will sell to the best offer all things considered.

 

[Silencio]

Really don’t understand why Andlauer is the front runner or why people are so gung-ho for him to purchase the Sens. He has about the same net worth as Melnyk did so get ready for more budget teams if he wins. If you just want an obscenely wealthy owner who will treat the team as a billionaire hobby instead of a business that needs to turn a profit then Apostolopolous would seem to be the best fit.

 

[Gil Gunderson]

Really don’t understand why Andlauer is the front runner or why people are so gung-ho for him to purchase the Sens. He has about the same net worth as Melnyk did so get ready for more budget teams if he wins. If you just want an obscenely wealthy owner who will treat the team as a billionaire hobby instead of a business that needs to turn a profit then Apostolopolous would seem to be the best fit.

Melnyk used the Sens as his primary business and revenue source. There’s a massive difference here. Net worth is a very misleading metric for how someone will run a team.

Andlauer also won’t be owning 100% of the team.

 

[Sens in Process]

So do we get

Feels like the Neko group is trying to negotiate in public. “If you say no to us you are saying no to black/aboriginal people” type feel.

I figured RR was too good to be true. Now it’s a circus but ultimately they will sell to the best offer all things considered.

Might end up in endless litigation if the Neko bid is unsuccessful?
.

Lost a lot of respect for Ian Mendes the way he just eats up and regurgitates the PR that Neko Sparks group has been spewing. “I can’t say anything until all the offers are finalized” meanwhile other people who don’t work for a subscription sports site are doing some investigating into the shadiness of this crypto guy

Stick to the non-stop fan mailbags on the Athletic

Mendes has been on the fast track to being much worse, if not already there, than Garrioch for a while now.

 

[Sun God Nika]

Really don’t understand why Andlauer is the front runner or why people are so gung-ho for him to purchase the Sens. He has about the same net worth as Melnyk did so get ready for more budget teams if he wins. If you just want an obscenely wealthy owner who will treat the team as a billionaire hobby instead of a business that needs to turn a profit then Apostolopolous would seem to be the best fit.

This 100% .

Obviously Andlauer is not Eugene and he will be better than that piece of shit, but to Apostolopolous this is more of bragging toy than a business . We won’t have a budget blocking us from acquiring a bad contract in rebuilding years to get more 1st rounders , we can try pulling LTIR loopholes like Tampa, Chicago, and Vegas by spending OVER the salary cap. Use signing bonuses to retain players or keep their aav lower to maximize cap room.

No more small man energy to MLSE pretty much.

 

[Tnuoc Alucard]

I'm not sure how much weight I should put behind a fundamentalist christian activist group masquerading as a civil liberties group (that's a lie, I'm pretty sure about how much weight I should put there). but generally speaking that article reads like a 4chan conspiracy theory...

I could list a number of so called “conspiracy theories “ from just the past 7 or 8 years, that turned out to be true.

Governments Can decide How CBDCs Should Be Spent Using Programmable Technology

The Telegraph on June 21, 2021 pointed to how “The Bank of England called on its ministers to decide whether a Central Bank Digital Currency should be

thecurrencyanalytics.com

Biden is planning a new digital currency. Here’s why you should be very worried

It’s clear that the Biden administration and Fed are working together to create a controllable, traceable, programmable digital currency.

thehill.com

 

[Golden_Jet]

This 100% .

Obviously Andlauer is not Eugene and he will be better than that piece of shit, but to Apostolopolous this is more of bragging toy than a business . We won’t have a budget blocking us from acquiring a bad contract in rebuilding years to get more 1st rounders , we can try pulling LTIR loopholes like Tampa, Chicago, and Vegas by spending OVER the salary cap. Use signing bonuses to retain players or keep their aav lower to maximize cap room.

No more small man energy to MLSE pretty much.

Signing bonuses don’t keep AAV lower, they still count as cap. If it’s because oh we gave player x a signing bonus to lower his cap number, didn’t work well in Toronto.