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Can We Fix the Stock Market? Jon Stewart Interviews SEC Chairman Gary Gensler (2022)

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  • Thanks, friend! Peacefully opt out of the system by beating them at their own games and flipping the script. There is a lot of overlap in small groups working to negate the corrupted power structures without having to "fight'" them in the ways they are used to and more well equipped for.

    Someone recently framed it to me as assymetric combat and all that, although I usually don't like to personally frame it as a fight or warfare or battle because I think we can do this passively without the need for violence.

    These massive lumbering beasts have mortally wounded themselves through their own corruption, hubris and stupidity. I say just let them die.

    Among many others I read and listen to, Peruvian Bull from your neck of the woods has some compelling insight on this I believe.

    • Well said, agreed with you completely. We have the tools in myriad ways to circumvent or destabilize the power structures which run rampant today. PB is a good thinker, and tries to keep even handed with his market commentary without focusing on any one asset (except academically) which I appreciate.

      Looking forward to more similar cross contamination between our groups.

      • Me too. If you love privacy, decentralization, and the idea of true censorship resistant digital cash, you'll love Monero!

        Unless you're already into it, in which case you already know it's the hotness.

        If you read the Bitcoin whitepaper, and what Satoshi and the other cypherpunks at the dawn of all that, then you'll realize XMR is fulfilling those promises infinitely better than BTC does. I still like BTC, so not shitting in it, but outside of adoption and network effect (so thus security with more eyes on the project and more miners securing the network), I find Monero to be superior in every way as an actual currency and not some type of "digital gold" as BTC has been perverted into over the years in contravention of its stated purpose post 2008 financial crisis.

        • Oh yeah - already there on all of that. Been turned off from BTC since the 2017 hardfork. I continue to believe an effective, cheap, and transparent settlement layer is a must if we ever are to separate money and state.

          To speak more to commonality, I feel BCH XMR and GME have all undergone similar sidelining from establishment thought and media.

          • You're on top of it Chives! Rock on. I agree about those synergies and the general ethos of the movements and communities.

            The ETH/ETC hard fork chain rollback was a canary in the coal mine too for centralization and transparent chains, amongst many others with rise of the big public exchanges and so forth.

            Edit: to parallel a bit more, what happened over the life of Superstonk has some similarities to the Blockstream takeover and corruption of many of the core devs on BTC pre block size debate ultimately leading to the fork, just like SS splintered.

            • I definitely feel the same as what you express in your edit. I was around and involved through both events and the parallels are numerous and stark. I'm hopeful that the natural co-mingling of independent communities on the Fediverse can be a somewhat natural foil. Only time will tell - more people learn about this alternative by the day.

              • I think we both share similar sensibilities and reasons for hope.

                Thank you for your part in bringing refugees from SS along to greener pastures, ultimately off of reddit and more centralized services entirely, which has been and will continue to be integral in my opinion.

                Love and respect your efforts and integrity. Keep on rockin and I'll do the same trying to bring receptive honest people along for the ride on this ship we are building, online and off.

22 comments