@blueocean69dawn@EliseStefanik Nice pattern matching of race class textbook to a different part of the world.
To colonize you need to have a motherland.
White is an americanism. Most Israelis are brown.
Your news tells you Israel bombed in Lebanon for no reason. They never say Israelis died first.
What about all the entrepreneurs that risked everything and failed ?
Or the ones that are grinding it out, trying to build a business ? You know, the ones that create more than 60 pct of the new jobs in this country.
The more successful they are, the more you hate them?
Take their money so they can't invest in other founders? Or invest in causes they believe in ?
And the ones that fail and get to deduct 3k a year of their losses ? Or went for it and are broke and might never see enough income to offset those losses ? You don't care if they go broke ?
10 pct of the people in this country are entrepreneurs that have started a business.
You ever try to help them ?
There are plenty of discussions to be had about income inequality. About helping people who are struggling economically.
I've talked about a lot of them in my timeline.
But in reality, saying "Eat the rich" will end up helping no one except maybe politicians trying to raise money. And probably hurt those in need, as more money is spent playing politics then helping
Wealth tax. Unearned income tax. Show me the multi year behavioral analysis, as opposed to simple models, that show more jobs, higher wages and personal wealth will be created for those who need it. I'd love to read them
Ideology is not a strategy. Nor is it a plan that has lasting impact on people who need help
And so you know.
I'm not a believer in trickle down. It's a joke.
I am a believer in trickle up. Where we do all we can get to get appreciable assets and higher wages into the hands of people who have to live paycheck to paycheck. I've said before I think raising the federal minimum wage to $20 is smart. When I heard people who worked for a company I invested in (but didn't run) needed government assistance, I made sure they all got raises. It was embarrassing to me that we didn't pay enough. I've made, or helped make, at least a thousand millionaires. And I'll keep working to increase that number
And that's the point.
The best path to help more people is to work with the people that can help more people.
If you demonize business people , you just make it harder for them to help anyone.
I'm not saying there aren't greedy, blood sucking business people that will do anything for a dollar.
But they are a small minority. Most entrepreneurs realize they are blessed. They want to find ways to help. They think they can use the same skills that built their business to help people.
And they can. They can hire more. They can give raises. They can educate. And they do all these things to help.
I've sat with Democrats and Republicans, incumbents and candidates,and asked them why they aren't meeting with businesses that make and sell the products that have become unaffordable, and asking them what can be done to reduce prices.
I do this continuously regarding healthcare. It's easy to see where the friction and increased pricing is coming from. Why (the politicians ) aren't you meeting with them and asking them to change ? Offering to support those that do raise wages, lower prices , improve benefits. Politicians just won't do it. They prefer the donations.
I did shark tank for 15 years purely to show people they can start small, grow their businesses, and help not only themselves, but their employees and their communities as well. And thats exactly what has happened.
Demonizing those that have success is counterproductive to every benefit you want to help bring to people.
It's incredible that telegram criticizes WhatsApp while maintaining an even worse privacy and encryption stance.
Neither is good. Must be open source client.
WhatsApp encryption is a giant fraud.
The state of Texas just sued WhatsApp for lying to users about privacy โ because WhatsApp employees have access to โvirtually allโ private messages.
Now we know what WhatsAppโs founder meant when he said he โsold his usersโ privacy.โ
Stablecoins in general simplify finance and are not only faster but also more easily auditable.
In the world of tradfi any bank could invent or destroy money by malice/error, so the regulator has to impose a lot of obligations on banks.
Then there's self custody. It allows a bank-like experience with no custodial obligations. Basically providing a neobank experience in 200 countries without need for financial licenses (just like your laptop manufacturer doesn't need a license just because you use your laptop to access your bank account).
@pitdesi Cards (not prepaid) are the solution for most of the world, but we're also looking into UPI integration.
Of course, the regulator has to allow these kind of exits.