@bryan_johnson Yeah, right. Car key fobs and iPhones self-combust randomly on their own, like when you're holding them in your hand. Very dangerous to take them into hyperbaric chambers indeed. Or even near gas station pumps.
When Metaplanet was $13-14 in mid June, you were posting comments like this below (e.g., from June 18). It was "cheap" then, and here we are, 25% lower, and it is now "extremely cheap". Why couldn't mNAV drop under 2.0? Maybe it will be even more extremely cheaper?
This whole Metaplanet (and SmarterWeb, et al) thesis is based on an endless supply of new money that keeps pouring into these stocks at higher premiums, so these companies can buy more BTC. It's all so simple!
What if that gig is up already and no new investors want to step up to pay a premium to a middleman to buy BTC?
Do you suppose it's possible that the mNAV for these companies will drop down to the 1 range, and the only way shareholders who are inspired by your pitch and buy today will breakeven is eventually when BTC is up like 3-4x, to $400-500,000, and they miss all the real BTC gains?
"Adam Livingston
@AdamBLiv
·
Jun 18
🔥METAPLANET'S mNAV IS HERE TO STAY🔥
"
@AdamBLiv What exactly is the message? It says one company spent 5x more capital than the other and bought 5x more Bitcoins, and took a week or two less time. Um, so, what again?
Minor nit, your name in Sanskrit is actually "aravinda" with an 'a' at the end!
But in the bigger picture, we have three major sources of distortions of most Sanskrit proper names, one that comes from regional influences, the second from the Anglicization of these names as created by the British, and the third from the transliteration of names created by Indians(!).
1. Regional influences:
So Ramayana is mispronounced as Ramayan by Hindi speakers, Ramayanam by Tamilians, Ramayanamu by Telugu people, and maybe Romoyon by Bengalis (I don't know this for a fact).
2. Anglicization by the Brits:
The Anglicization of Sanskrit names further messes it up. It is not Ramayana, but it should be RaamaayaNa, with N being the ण sound. When the British initially started recording Indian names in English, they freely mixed up long and short vowels (e.g., Ram instead of Raam, as the Dutch might have spelled the name).
In addition, English also has no equivalent sounds to all these Sanskrit sounds:
त, थ, ध, ट, ठ, ड, ढ़, ण, भ, ळ, and श
(I think I caught them all).
Also, Indian languages don't have the V sound, only W. We should not be spelling names like Vikram, Vijaya, Vivek, Varada, Vanita, etc. with V, but rather, with W, as Wikram, Wijaya, Wiwek, etc. (as the Sri Lankans do).
Lastly, English pronunciation of certain double-vowel combinations (e.g., 'oo' as a long U in 'poor' or 'cool', as opposed to a long O), or 'ee' as a long ई instead of a long ऐ, all further complicate naming.
3. Transliteration errors:
There are several transliteration systems in use for encoding Sanskrit names or words in English, but most were created in an ad hoc way, and have their own drawbacks. They essentially, trip up people who don't already know the correct pronunciation.
For instance, I don't know which genius decided to encode ज्ञ्यान as jnana or यज्ञय as yajna. (I can guess how it came about – it was almost certainly the handiwork of a Kannadiga or a Telugu speaker). But it was a foolish mistake. I have heard many native English speakers pronounce it as je-na-na or ya-j-na.
A transliteration system must be fool proof, with two requirements: either get someone unfamiliar with it to say it correctly, and if not, at least, not make too big of a mistake! These transliteration systems badly fail.
(FYI: I have developed my own fool-proof transliteration system over the years to explain things to English speakers!)
OK, that was a very long reply. But what the India government needs to do is to commission some organization / team of people to completely clean up all these distorted names once and for all, so going forward, everyone will pronounce all Sanskrit words correctly! But it will be a monumental undertaking and very expensive to change names that are already in print or have been published!
Adam: This is all wonderful as long as the music keeps playing. But one day, if new investors don't step up to the plate to buy shares at even higher prices, then is the gig up for Metaplanet, Smarter Web, et al? In other words, is this a pyramid game that relies on the bigger fools theory, with the last round of investors essentially taking a bath, while financing the profits for earlier-round investors? Without future investors willing to buy shares at a premium, the whole model falls apart, and it makes no sense for a company like Metaplanet or Smarter Web to command an mNav > 1. Thoughts?
Why do the cable TV networks keep featuring people who pronounce Iran as Eye-ran and nuclear as nuCUler? If they are so tone deaf, what kind of insights do they really have? #Iran#nuclear
Congratulations to @Sigma_Japan and @KazutoYamaki san. The Leica L mount alliance benefits Sigma more than anyone else. I am so happy that there is a new future for the Foveon, based on the L mount. I will be the first one to buy, if I get the chance!
@KazutoYamaki - Yamaki-san, I volunteer to be a beta customer for the Sigma full-frame Foveon camera! Please sign me up!!! I am happy to travel to anywhere in the world to test the camera. (Preferably, Japan!)
@KazutoYamaki - Brilliant move, Yamaki-san! Sigma stands to gain the most from the L-mount alliance! If you tell me when the full frame Sigma Foveon camera will be available, I will be THE FIRST to buy one! Domo arigato gozaimasu!