Recent content by Nicephorus

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    Does this make Carey the state's flagship med school? **

    The choke point is actually residency positions which have to be approved by the ACGME and are funded/subsidized by the government. These can actually be quite lucrative for the hospitals that have them due to the heavily discounted labor and after hours coverage. Medical schools are sorta like...
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    AT&T is trash. Has anyone had a good experience with Sat. Internet?

    Not sure if it’s still possible, but at one point you could bypass the waiting list by buying Starlink RV service although at a higher monthly cost. Sounds like the hardware is the same as residential service so hopefully you could switch over when your turn comes up. https://youtu.be/HA9UtocToRU
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    OT: Health insurance

    I work in healthcare and this unfortunately is a common theme with them
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    More proof Crypto has Clemsoned…

    Where things get interesting is if he received his salary in Bitcoin, it would be classified as income rather than an investment. Important distinction is while you can realize a capital gain on income, do not believe you can realize a loss which would mean he may not be able to write it off. At...
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    You only lose money if you sell

    The risk/reward of these centralized custodial crypto banks never made sense to me. Lot of risk for a 6-10% interest payment. Luna/UST also in the same boat as it had clear design flaws with risks that far outweighed the 20% interest you were getting. If I’m investing in a ponzi, it better be a...
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    Top Gun: Maverick

    Then there’s this: https://twitter.com/euromaidanpress/status/1529113538832351233?s=21&t=aceI16ByzUM7scDQsOP7CA Apparently this guy was drummed out of the Russian Air Force for crashing a jet he was taking on a joy ride. Went on to fly jets for Wagner, the Russian mercenary outfit
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    Any good stock tips?

    Think they get hit on both sides. Decrease demand from miners coupled with potential competition from glut of used, cheaper GPUs hitting the secondary market from retiring miners cashing out. There’s a pretty robust resale market for GPUs on eBay and other places that has only increased in...
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    Any good stock tips?

    If you’re holding NVIDIA, I’d recommend familiarizing yourself with what the ethereum “merge” is if not already. It’s basically the elephant in the room with their consumer GPU division. Might happen this summer (bad) or might get delayed again (good).
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    OT: Bitcoin

    While not the case in the US, people in countries that have had to deal with a bank run or hyperinflation (which typically is accompanied by the government preventing you from exchanging from the native currency) understand the value of this. Interestingly if you read the stablecoin paper put...
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    OT: Bitcoin

    This is a popular misconception about Bitcoin. Money laundering through Bitcoin is just a tiny fraction of what goes through the traditional banking system. While maybe true in the early days, Bitcoin is actually harder to launder large amount of money through than the banking system due to...
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    OT: Bitcoin

    Only the most diehard Bitcoin purists are still pushing the “currency” narrative. Bitcoin is treated more as a commodity amongst most investors regardless if it is actually called a “cryptocurrency”. While lacking a “physical” presence like gold, being digital does give btc several advantages...
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    Ukraine - should US take action?

    The threat of nuclear war is too great for direct intervention (no fly zone, etc…). Think we’ll continue to see strong material support. Fortunately, it sounds like the Russians greatly underestimated their logistical prowess as well as degree of corruption and poor maintenance practices in...
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    WWIII just started

    Someone put together a twitter feed you can follow from a list of Ukraine war twitter accounts. It’s real informative. Many seem to have sources on the ground in Ukraine. Lot of short clips of the fight from the ground and more interesting and up to date than a talking head on TV. Twitter let’s...
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    OT: latest developments in Ukraine/markets

    I think at this point the market has priced in a full scale invasion. If this doesn’t happen, I think we see a nice bounce. Personally, leaning towards no full scale invasion at this point. Russia lacks the troops to pacify an area as large as Ukraine and from all indications the people of...
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    OT: Where the bitcoin bros been?

    Agree with this mostly. Crypto as “alternative currencies” narrative looks unlikely at this point with the rise and ubiquity of stablecoins. Store of value will be good for BTC and ETH, maybe some others. Utility will be a bigger narrative especially for ETH going forward if it maintains its...