effle

25.6K posts

effle

effle

@effle

Desperately trying to make fun of life's ridiculousness.

Seattle, WA 가입일 Haziran 2008
646 팔로잉1.4K 팔로워
effle
effle@effle·
@BasedMikeLee This utter disinformation garbage coming around for another try. x.com/effle/status/1…
effle@effle

@MikeBenzCyber It may not fit your narrative, but you might want to go back and look at when those contracts started. You’re flat out misinforming everyone about “Biden Administration contracts,” and people are too stupid or too lazy to review it.

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effle
effle@effle·
@TrumpWarRoom @chamath @POTUS If this is a honeypot, I’m still bear-ing the news that this is a complete fabrication. Source: the CBO website, which as late as Aug 15 still notes the $3.4T deficit.
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Trump War Room
Trump War Room@TrumpWarRoom·
.@chamath: "When the CBO originally priced the Big, Beautiful Bill, they thought it was minus $3T. They just updated it... and it's actually a surplus, it's ~$300B." .@POTUS: "We're taking in hundreds of billions of dollars worth of tariffs... they gave us no credit for that because it was never done before."
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Wall Street Mav
Wall Street Mav@WallStreetMav·
The “non-partisan” Congressional Budget Office had to make a multi-TRILLION dollar correction on their scoring of the Big, Beautiful Bill. Before it passed, they said it would cost $3 trillion. They just updated their scoring: ~$300 billion surplus.
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effle
effle@effle·
@WallStreetMav It’s both “never been done before” and “the way it always used to be before income taxes.” There is also no evidence on the CBO website supporting the claimed surplus. They still say $3.4T deficit add as of August 15: cbo.gov/publication/61…
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Oscar Azocar
Oscar Azocar@oscarazocar50·
@bgurley @ltg75 $V and $MA get something like 10% of interchange fee, say 200 bps interchange, 20 bps to networks. The majority of interchange fees go back to consumers as rewards. Why are consumers going to switch away from that?
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Bill Gurley
Bill Gurley@bgurley·
Now seems highly probable that a new payment alternative emerges in the US (replacing credit/debit cards) on top of stablecoin rails. Just too damn efficient & cheap. Good riddance as they say! Who do you think is most likely to emerge as the new consumer payment app leader?
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effle
effle@effle·
@thomasbethke @bgurley @tobi So, Stripe, Coinbase, Affirm, Adyen, etc.? Or do they get kicked out? Everyone not named Visa and Mastercard makes more supporting each credit card transaction than those two. Shopify is getting ~1% of TPV as margin (charging ~3% revenue) to build a cart on those rails.
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thomas bethke
thomas bethke@thomasbethke·
Don't sleep on @tobi. The key to a successful consumer payment product is merchant acceptance and Shopify has a good foothold. Shoppay the best consumer facing experience I have seen with a company culture that focuses on innovation instead of protecting legacy stuff. Google pay has gotten a lot better, but their closeness to legacy networks probably keeps them from wanting to step on toes, killing potential innovation
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effle@effle·
@Jason @thatsKAIZEN “You had to go steal a white person’s slot.” A white person’s slot. Think about the underlying systemic worldview underlying that thought.
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@jason@Jason·
@thatsKAIZEN That’s where I wound up as well. Your video on the subject was exceptional, btw
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@jason@Jason·
The consistent reply I've gotten on Charlie Kirk is his quote about black women and their intelligence, as it relates to affirmative action. It's from his podcast. Here is the exact quote (link in reply tweet). You can decide if you think it's spicy, racist, based or rude. "If we would have said three weeks ago […] that Joy Reid and Michelle Obama and Sheila Jackson Lee and Ketanji Brown Jackson were affirmative-action picks, we would have been called racist. But now they're coming out and they're saying it for us! They're coming out and they're saying, "I'm only here because of affirmative action." Yeah, we know. You do not have the brain processing power to otherwise be taken really seriously. You had to go steal a white person's slot to go be taken somewhat seriously."
@jason tweet media
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effle
effle@effle·
@elonmusk Verifiably false. People need to understand why it’s said anyway.
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effle
effle@effle·
@elonmusk You can still denounce this statement made in the heat of the moment.
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effle@effle·
@adamtaggart …waiting on more data. Inflation is running almost 50% higher than target after being above target for over four years. Labor market is clearly weakening. The mandates are drifting apart and presenting an enormous monetary policy issue (because fiscal policy).
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Adam Taggart
Adam Taggart@adamtaggart·
The Federal Reserve's current monetary policy is
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effle@effle·
@elonmusk This viewpoint might be Reich.
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effle@effle·
@M_IsForMachine Tell us you don’t have enough compute on board without telling us….
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effle
effle@effle·
@bgurley @Boilertribe Short of 100% takeover, the message is that the only risk is not pledging fealty. In this case a government grant became 10% of the equity, and somehow the market response is flat to positive rather than reflecting the math. Socialized losses/capitalist gains is trite but true.
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Bill Gurley
Bill Gurley@bgurley·
@Boilertribe 100% they should. Equity holders take risks. Should not be protected. Ruins the whole system.
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Bill Gurley
Bill Gurley@bgurley·
Here’s my take. If the government is the “lender of last resort” they should 100% take equity and arguably 100% of the equity. Failed to do this with GM, Goldman Sachs, United (& other airlines). How do you know if they are lender of last resort? The company takes the deal.
Andrew Ross Sorkin@andrewrsorkin

Should the govt start taking equity in every start-up for the federal tax incentives we offer? Or Tesla? How about the banks? What about when a state govt offers a tax incentive? Should they get an equity stake in exchange? Board representation? This is a super slippery slope!

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Eric Daugherty
Eric Daugherty@EricLDaugh·
🚨 HOLY CRAP. President Trump just posted this. 🇺🇸🇺🇸
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effle
effle@effle·
@0xRapid @elonmusk @xai When your app needs an update to get Ani and Bad Rudi a change of clothes….
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Rapid
Rapid@0xRapid·
@elonmusk @xai What is this? This does not say anything, I expected the data you share to be more authentic. Just showing "updates" could literally be a text fix in some cases or minor bugs. Could it be that Grok had the most bugs therefore most updates? Not an hater btw.
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Elon Musk
Elon Musk@elonmusk·
Grok is evolving much faster than any other AI. If this rate of progress continues, @xAI will outpace other AI companies by a significant margin. App upgrades are roughly on par with internal upgrades.
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effle@effle·
@elonmusk We need at least 1,500 members in the house just to keep pace with population inflation since we locked in 435.
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Marcus Lemonis
Marcus Lemonis@marcuslemonis·
Official statement regarding @BedBathBeyond We will not open retail stores in California. This isn’t about politics — it’s about reality. California’s system makes it nearly impossible for businesses to succeed, and I won’t put our company, our employees, or our customers in that position. See attachment.
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탐색

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